SolarQuarter State Leadership Awards 2024;A Sustainable Leap,Key Energy Initiatives in India’s 2024-2025 Budget and More...

The SolarQuarter Global State Leadership Meet: Madhya Pradesh 2024 held at the prestigious Sheraton Grand Palace Indore. An event marked by grandeur and recognition, it honored the exceptional achievements and innovations in the solar industry across the state. The meet commenced at 9:00 AM IST, drawing together industry stalwarts, visionaries, and innovators, all under one roof.

The 2024-2025 budget brings forth significant initiatives aimed at bolstering India’s energy security. With a focus on renewable energy, nuclear power, and the integration of advanced technologies, the budget underscores the government’s commitment to a sustainable and energy-efficient future. This article delves into the key features and their potential impact on India’s energy landscape.

Jakson Green Private Limited, a new energy transition platform, has secured a credit facility of INR 2.96 billion from First Abu Dhabi Bank’s Mumbai branch. This financing will support Jakson Green’s international expansion, starting with a significant solar photovoltaic (PV) and battery storage project in Uzbekistan.

Damodar Valley Corporation (DVC) has issued a comprehensive tender for the design, engineering, supply, erection, and commissioning of grid-connected rooftop solar photovoltaic (PV) plants. The project, which encompasses comprehensive operation and maintenance (O&M) for a five-year period, will be executed across various DVC-owned buildings within the DVC command area, spanning West Bengal and Jharkhand.

The Government of India has launched a significant initiative called the PM - Surya Ghar - Muft Bijli Yojana , which was approved on 29th February 2024. This scheme aims to install rooftop solar plants in one crore (10 million) households, with a total budget of ?75,021 crore. The administrative approval for this scheme was granted on 16th March 2024.