Daily News Wrap up: REI 2024 Time- Indian Makers Move Centrestage
REI 2024

Daily News Wrap up: REI 2024 Time- Indian Makers Move Centrestage

RENEWABLE ENERGY NEWS

REI 2024 Time- Indian Makers Move Centrestage

It's time for another edition of REI, the 17th in fact, and perhaps a never before seen dominance of Indian firms. Starting from October 3 to end on the 5th, the show, at Greater Noida's India Expo Centre is the premier renewables expo in India....Read more.

550 MW Solar, 770 MW Hydro Projects Mark Reliance Group (Anil) Foray Into Bhutan

The Anil Ambani led Reliance Group has entered into a strategic partnership agreement with Druk Holding and Investments Ltd. (DHI), the commercial and investment arm of the Royal Government of Bhutan, to undertake various initiatives aimed at bolstering the investment in the renewable and green...Read more.

Avaada Announces ?1L-cr Investment In Rajasthan’s Energy Transition

Indian renewable energy company?Avaada Group has unveiled its ambitious plan to invest ?1,00,000 crore in Rajasthan, further propelling the state into the forefront of India’s renewable energy revolution. With the focus on large-scale solar, wind, and green ammonia projects, Avaada has planned to boost its...Read more.

IRENA Report On Renewable Jobs Claims 18% Jump In 2023

2023 saw the highest ever increase in renewable energy jobs, from 13.7 million in 2022 to 16.2 million, according to the newly released?Renewable Energy and Jobs – Annual Review 2024?by the International Renewable Energy Agency (IRENA) and the International Labour Organization (ILO). The 18% year-on-year...Read more.

India’s Power Sector Surge: Motilal Oswal Tracks A Rs 40 Trillion Investment Opportunity

India’s power sector is on the cusp of a major transformation, offering colossal investment opportunities over the next decade. Economic growth, energy transition, and technological advancements will drive the sector's rapid growth, according to a Motilal Oswal report titled “Power Utilities: EmPOWERING INDIA!” The report...Read more.

RERC Notifies Draft Green Energy Open Access Regulations 2024

Rajasthan's Electricity Regulatory Commission (RERC) recently released a draft notification for the Green Energy Open Access (GEOA) regulations for 2024. The commission is inviting suggestions on the draft until October 18th. In this draft, the RERC outlines the criteria for accessing green energy through open...Read more.

Details of Solar Tariff Moves at US, Turkey And South Africa

October has started on a protectionist note for the solar sector, with news of solar tariffs being imposed on imports by three key markets, with the most significant of course being the US market. Helping these moves is of course the slump in Chinese solar...Read more.

EV's & Storage News

Maharashtra: JSW Neo Gets 1,500 MW / 12,000 MWh Pumped Hydro Storage Project

Mumbai-based JSW Neo Energy Limited (JSW Neo), a subsidiary of JSW Energy Limited, received a Letter of Intent (LoI) for the procurement of 1,500 MW / 12,000 MWh of pumped hydro energy storage from the Maharashtra State Electricity Distribution Company Ltd (MSEDCL). Their Bhavali Pumped...Read more.

CEA Data Indicates Doubling of Electricity Demand From EV’s In Q1 Fy24

The Central Electricity Authority (CEA) , which tracks electricity consumption from public charging stations among other things, has released its latest report for Q1 Fy24, indicating a 108 percent growth in power demand from EVs YoY. According to CEA, Public Charging stations (PCSs) consumed 176.87...Read more.

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