In Short : Inox Clean Energy is reviving its IPO plans in India, targeting up to $1 billion in fundraising. The move reflects strong confidence in the renewable sector despite market volatility, with the company preparing draft filings, engaging bankers, and aiming to scale capacity, strengthen its balance sheet, and accelerate clean energy expansion across […]
AAR Denies GST ITC on Solar Plant Installation Inputs, Raising Concerns for Renewable Sector – EQ
In Short : The AAR has ruled that no GST Input Tax Credit (ITC) is available on inputs, capital goods, or input services used for the design, engineering, and installation of solar power plants. The decision is based on the classification of the plant as immovable property, disallowing ITC under Section 17(5)(d) of the CGST […]
Outlook 2025: India’s renewable sector strides unabated, industry leaders optimistic on future – EQ
In Short : India’s renewable energy sector is set for robust growth in 2025, with industry leaders optimistic about the future. Innovations in solar, wind, storage, and green hydrogen technologies, along with improved infrastructure and financing, are driving progress. India’s renewable capacity is expected to reach 170 GW by March 2025, contributing to its goal […]
Advancements in Biomass Energy: Catalysing India’s Renewable Sector – EQ
In Short : “Advancements in biomass energy catalyze India’s renewable sector, driving innovation and contributing to the nation’s transition towards sustainable energy solutions.” In Detail : India’s rapid economic growth and unprecedented population growth have created demand for energy from various sectors. Greater emphasis is being placed on renewable energy sources and zero emissions, especially […]
Budget expectation from Mr. Bharat Bhut, Co-Founder & Director of Goldi Solar – EQ Mag
“This year’s Union Budget will have a significant impact on how the Renewable Sector growth momentum will be in the coming FY. In the last couple of years; the government has rolled out several policies that were crucial for the growth and adoption of clean energy in the country. The Indian Manufacturers are keenly looking […]
Adani Group to invest 20 bn dollars in renewable sector over next decade
Hyderabad : Adani Group Chairman Gautam Adani on Monday said that we will invest over 20 billion dollars in renewable energy generation. In his virtual keynote address at the world’s largest ‘TiE (The Indus Entrepreneurs) Sustainability Summit 2021(TSS- 2021) organized by TiE Hyderabad Chapter, here, Gautam said we are tripling our solar power generation capacity […]
2021 Outlook: Trends In Renewable Sector
Government policies that stimulated market growth globally, including measures such as renewable portfolio standards, feed-in tariffs, and a variety of subsidies, accounted for about 60 percent of the overall cost decline. The world’s dependence on renewables is swiftly increasing as globally countries continue to invest heavily in cost-effective sustainable energy solutions. The last few years […]
India to bank on innovative ways to garner Rs 1.75 lakh crore investment for renewable sector
NEW DELHI: India will look to be more innovative in its approach to garner additional investments worth Rs 1.75 lakh crore for having 35 GW of renewable power generation capacity next year to meet the ambitious target of 175 GW of clean energy capacity by 2022. At present, the country has a total installed […]
ACORE Launches New Program to “Accelerate” DEI Within the Renewable Sector
WASHINGTON, D.C.: In an effort to improve diversity, equity and inclusion within the renewable energy sector and reduce barriers for participants from underrepresented communities, the American Council on Renewable Energy (ACORE) is proud to announce the launch of its new Accelerate membership program. Through Accelerate, smaller renewable energy companies owned and operated by women and […]
COVID-19: Under-implementation solar projects most affected, says report
It said that implementation of new solar projects will face delays, causing developers to miss their completion deadlines New Delhi: Under-implementation solar projects in India have faced a greater impact of the COVID-19 pandemic as solar cells and modules are largely imported from China, according to credit ratings agency Care Ratings. It said in a […]