Budget lays focus on residential rooftop solar, EV infrastructure
Finance minister Nirmala Sitharaman today tabled the interim budget for FY 2024-25 in the parliament. Budget highlights include announcements about the residential rooftop solarization scheme, viability gap funding for offshore wind, and government support for EV manufacturing and charging infrastructure.
Photovoltaics for wastewater disinfection
Researchers in Spain have developed a new system that simultaneously produces PV power and disinfects wastewater.
Budget expectations for solar, energy storage, and EV sectors
Dedicated funds for residential rooftop solar under ‘Pradhan Mantri Suryodaya Yojana’ and increased incentives for solar manufacturing MSMEs are on the wishlist of the Indian solar sector. In battery storage, players expect the inclusion of battery recycling within the PLI Scheme and continued investments in developing battery storage solutions.
Gujarat tenders 1,125 MW of solar power projects
Gujarat Urja Vikas Nigam Ltd (GUVNL) has launched a tender to procure 1,125 MW of solar power from PV projects to be set up in GSECL’s RE Park at Khavda. Bids can be submitted until Feb. 15.
Serbia attracts $2 billion Chinese investment in solar, wind, hydrogen
The Serbian Ministry of Mining and Energy has signed a memorandum of understanding (MoU) with Chinese companies Shanghai Fengling Renewables and Serbia Zijin Copper. It envisages the construction of 1.5 GW wind and 500 MW of solar projects alongside a green hydrogen production facility with 30,000 tons of annual output.
Hindustan Coca-Cola Beverages achieves carbon neutrality in its Karnataka plant
Hindustan Coca-Cola Beverages’ bottling plant in the Ramanagara district in Karnataka has been certified as carbon neutral. The facility has significantly reduced its carbon footprint by sourcing over 90% of its power from renewable energy.
BluPine Energy launches skill development centers for utility-scale solar, wind power projects
The skill development programs, launched in Gujarat, will impart extensive training on the installation and operation of utility-scale solar and wind power plants, fostering entrepreneurship and employability.
Cleantech Solar secures INR 6.25 billion green finance for advancing open access portfolio in India
Cleantech Solar has secured a long-term senior secured loan facility worth INR 6.25 billion (over $75.2 million) from Tata Capital Ltd to advance its open-access projects in India.
NTPC arm signs MoU for INR 80,000 crore green hydrogen to ammonia project
NTPC Green Energy Ltd (NGEL) will develop a green hydrogen to green ammonia project with a capacity of up to one million tonne per annum (mtpa) in Maharashtra.
NTPC tenders EPC package for 500 MW of solar projects
NTPC Renewable Energy Ltd has invited bids to install and commission 500 MW of grid-connected solar PV projects in the Bikaner district of Rajasthan. Bids can be submitted until Feb. 28.
