China Retaliates with Trade Probe After EU Scrutinizes Solar, Wind Power
China’s probe will examine wind turbines, photovoltaic cells (used in solar panels), security equipment, and other products and will conclude by January 10th, 2025, with a possible extension to April.
Solar Industry Pushes for Extended Waiver on Transmission Charges
Currently, green power projects like solar, wind, and hybrid installations commissioned before June 30, 2025, are exempt from Inter-State Transmission System (ISTS) charges for 25 years.
Promoter Infuses 900 cr; Inox Wind to Become Debt-Free
This strategic move will significantly strengthen the company’s financial position and accelerate its growth trajectory.
ACME Solar Aims for Aggressive Expansion with ₹3,000 Crore IPO
ACME Solar boasts a current operational solar power capacity of 1,320 MW, with an additional 1,500 MW of solar and 150 MW of wind power under construction.
Kerala Exempts Duty on Solar Power Generation
This decision comes just a day after the Kerala State Electricity Regulatory Commission (KSERC) increased the rate paid for solar energy sold to the grid.
Offshore Wind Capacity of 410 GW to be Installed Over the Next 10 Years
GWEC’s report pinpoints a significant acceleration in offshore wind installations towards the end of the decade, with two-thirds of the projected capacity coming online between 2029 and 2033.
IFC Invests $105 Million in Brookfield’s Solar Project
The IFC’s investment will be made through long-term loans allocated to the project’s special purpose vehicles and entities responsible for its implementation.
$2.5 Billion Qatar Green Bond Attracts Strong Investor Interest
Underscoring the growing appetite for sustainable investment opportunities globally, the $2.5 billion green bond was met with overwhelming investor interest, attracting bids worth more than three times the offered amount.
India Needs to Increase Renewable Energy Push to Meet 2030 Target, Report Warns
The report proposes lowering the GST on hydropower components from the current range of 18-28% to 12% and reducing the GST on wind projects from 12% to 5%.
Sri Lanka Eyes Progress on Adani Wind Projects, Hopes for LNG Deal Soon
The cash-strapped nation, seeking to ramp up green energy to reduce reliance on expensive imports, is currently evaluating the projects due to disputes over pricing and efficiency.