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𝗡𝗼 𝗘𝘅𝗲𝗺𝗽𝘁𝗶𝗼𝗻𝘀 𝗳𝗼𝗿 𝗢𝗽𝗲𝗻 𝗔𝗰𝗰𝗲𝘀𝘀 𝗦𝗼𝗹𝗮𝗿 𝗣𝗿𝗼𝗷𝗲𝗰𝘁𝘀 𝗶𝗻 𝗔𝗟𝗠𝗠 𝗡𝗲𝘄 𝗨𝗽𝗱𝗮𝘁𝗲 The latest update from Ministry of New and Renewable Energy (MNRE) has brought significant changes for solar projects in #ALMM. Despite expectations, there are no exemptions for open access and unsubsidized #rooftop solar projects. The ALMM order 2019, on hold since the financial year 2023-24, will be in full effect starting April 1, 2024. This unexpected shift has caught many industry stakeholders off guard, as they anticipated continued relaxation based on the earlier directive in February. Stay tuned for further insights! Tanmoy Duari | VIPIN TIWARI | Kamini Gupta | Brijendra Singh | Naved Shaikh | K DHEERAJ RANKA | Gulshan Gaidhane | Dugo Power and Automation Pvt Ltd | Spinkraft Ventures Private Limited | Solstrom Energy Solutions Private Limited | santosh virwani.1st | Minakshi Baranwal | AXITEC Energy GmbH & Co. KG | Kesrinandan Solar #SolarEnergy #RenewableEnergy #MNREUpdate #ALMMOrder #IndustryNews #SolarPower 

#IndustryUpdate Insolation Energy (INA) Ltd. Half-Year Profit Surges 307.65% to ₹61.27 Cr, Revenue Exceeds ₹ 600 Cr Insolation Energy Ltd (INA Solar) has reported a remarkable surge in its half-year profit, skyrocketing by 307.65% to ₹61.27 crore, with revenues crossing ₹600 crore. This impressive growth highlights the company’s strong market position and commitment to advancing renewable energy solutions in India. As the solar energy sector continues to expand, INA Solar’s performance serves as a testament to the increasing demand for clean energy. Learn more about the story here-https://lnkd.in/dZxeA7C9 #SolarEnergy #CleanEnergy #Sustainability #Growth #RenewableEnergy #India #INASolar

Eninrac Consulting Private Limited MD Mr. Ravi Shekhar's viewpoint on the exemption of basic custom duty (BCD) on capital equipment for solar manufacturing & the removal of the exemption on solar glass announced in the Union Budget 2023-24. He said that for large-scale manufacturing projects, sourcing capital equipment will lead to a 3 percent to 5 percent reduction in overall capital expenditure, potentially resulting in savings of 1 percent to 1.5 percent on the total competitiveness of domestic OEMs compared to their global counterparts. Checkout his full viewpoint published #ETEnergy , bit.ly/3WsrX5F To browse short bytes on the market insights, visit Eninrac Vantedge https://vantedgeplus.com/ To learn about our service offerings, visit www.eninrac.com For any market research, advisory & consulting requirement drop us a query at [email protected]. Alternatively, contact us at +91 9319047693/48693 ET EnergyWorld #Eninrac #marketresearch #advisory #consulting #energy #solar #power #wind #BCD #solarmanufacturing #solarglass #solarpanel #utilityscalesolar #floatingsolar #solarrooftop #TWsolar #JASolar #AIKO #LONGi #Jinko #Borosil #Waaree #Adani #TataPower #Thermosol #AsahiIndia

Furies Solren, JSW Neo, and Avaada Secure Wins in NTPC’s Tranche II Competitive 1500 MW Solar Auction In a significant development in India’s renewable energy sector, the National Thermal Power Corporation (NTPC) concluded a reverse auction on March 18, 2024, for a massive 1500 MW solar project under the Interstate Transmission System (ISTS) Connected Solar, Tranche II. This auction saw competitive bidding, with the opening Levelized cost of electricity (LCOE) set at INR 2.66 per kWh, indicating a keen interest in India’s green energy expansion. The auction resulted in Furies Solren Private Limited ((Mahindra Susten), JSW Neo Energy Limited, and Avaada Energy Private Limited emerging as the successful bidders among numerous contenders. Furies Solren Private Limited secured […] Read the full story here: https://lnkd.in/dacKuV5V #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #auctionresult #india #istsconnectedprojects #ntpc #renewableenergy #solarpvproject

Waaree Energies Ltd - International Business shines bright as it secures a significant order from Sprng Energy Private Limited, to supply 220 MW of #solarmodules for their upcoming project in Gujarat. This collaboration underscores Waaree's pivotal role in advancing India's #greenenergy sector while aligning with national #sustainabilitygoals With an aggregate installed capacity of 12 GW, Waaree Energies stands tall as one of India's largest manufacturers of #solarpv modules. This latest partnership reaffirms their commitment to increasing renewable energy penetration across the nation. Gaurav Sood, Ph.D., CEO of Sprng Energy, highlights the importance of domestic manufacturing and the Make in India initiative, expressing confidence in Waaree's track record and reliability in delivering renewable energy solutions. Hitesh Doshi, Chairman & Managing Director of Waaree Group, echoes this sentiment, emphasizing the company's readiness to contribute to numerous solar projects with their high-quality solar PV modules. This collaboration not only signifies a #milestone for Waaree but also underscores the collective #commitment towards a sustainable future for India's energy landscape. #solarenergy #renewablefuture #cleanenergytransition #india #solar #waaree #solarproject #solarinstallation #growth

Viraj Profiles PVT Ltd. and Avaada Group Commission 130 MW Solar Power Plant in Maharashtra Viraj Profiles Pvt Ltd. and Avaada have achieved a significant milestone with the commissioning of their joint venture, a 130 MW DC Solar Power Plant located in Soyagaon, Maharashtra. The project, initiated in March 2023, aimed to transition 40% of Viraj Profiles’ energy consumption to solar power by mid-2024, reflecting their commitment to sustainability and renewable energy. The successful completion of the Solar Power Project underscores Viraj Profiles’ strategic focus on adopting renewable energy solutions, marking a transformative step within India’s steel industry. Both companies collaborated closely to meet their ambitious targets, demonstrating effective planning and steadfast dedication to environmental […] Read the full story here: https://lnkd.in/dPzeWtfy #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #avaada #india #maharashtra #renewableenergy #solarenergy #solarpowerplant #virajprofiles

With less than 48 hours until the #UnionBudget2024, we eagerly anticipate pivotal changes that could make solar energy accessible to all. Our CEO, Shreya Mishra, recently shared her insights on CNBC_Awaaz on how these positive reforms could transform the renewable energy landscape in India. #SolarSquare #HarGharSolar #SolarPower #CNBCAwaaz

Government of Maharashtra (GoM) has signed four #MoUs worth around INR 47,000 crore in #renewableenergysector with a target of generating 50 percent of the state’s energy from renewable sources by 2030. MAHAGENCO Read More - https://lnkd.in/dHEZma5X #solarenergy #renewableenergy #EnergeticaIndia

🔅India’s Renewable Energy Industry: Part 2 💡Capacity Generation, Solar & Hydro Power 🔹In this carousel, I am breaking down key insights from the IBEF report on renewable energy in India. This is Part 2, covering capacity generation, Solar & Hydro Power 🔹The objective is to understand the renewable energy industry better and share these insights to help others learn along the way. 🔹Let's explore how India is gearing up for a greener future! #finance #linkedin #investmentbanking

3.7 million solar panels, 3,300 MW of Green Energy for Maharashtra, and much more⚡️ Stay updated with SustNews🗞️ Read more at: linktr.ee/sustvest . . . #GreenEnergy #sustnews #sustvest #renewableenergy #investment #cleanenergy #sustainable #projects #solar #startupinvestment #assetbacked #solarpanels #finance #cleantech #returns #EV #solarinvesting [Green Energy, Renewable Energy, Solar Power, India]