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PLI Should Be Extended To Agri-Based Manufacturers: ICRIER

The latest Indian Council for Research on International Economic Relations (ICRIER), report called for extending Indias production-linked incentive (PLI) schemecurrently supporting domestic solar panel manufacturingto include low-carbon agricultural technologies. These could include livestock feed additives that reduce methane emissions (such as Rumen8) and biofertiliser products, the report added. Indias agriculture sector is vulnerable to climate []

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Borosil Renewables Receives Incentives From Gujarat

Indian solar glass manufacturer Borosil Renewables has now received an incentive of Rs 7.77 crore from the Gujarat government. The company in its latest filing before the exchanges, informed its investors about the latest event. The state government gave this funding for commissioning of its new furnace in the state for the production of solar []

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PM-KUSUM: Gujarat Discom Gets The Lowest Tariff of Rs 2.15/kWh

The Gujarat Electricity Regulatory Commission (GERC) has now approved the tariffs for Component-C of the PM-KUSUM scheme. Earlier, Madhya Gujarat Vij Company Limited (MGVCL) had approached the state electricity regulator seeking to adopt the tariffs. These tariffs were discovered through a tariff-based competitive bidding process. Earlier, a tender was floated by MGVCL seeking parties who []

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Green Stocks April 7- Stocks Endure Another Trump Induced Rout

As what is primarily a US-China slugfest continued, stock markets around the world bore the brunt, dropping by 4% to 13%. Indias Indices had it relatively easy, coming in among the few to drop less than 5%. If that sounds like a win, then the performance of Indias green energy stocks versus Chinese giants listed []

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Green Stocks April 4: No Respite As US Tariffs Continue To Trip Up markets

After having apparently dodged the worst of the impact from US Tariff announcements today, there was no escaping the impact today. the Indian markets followed most global markets in going for a dive. Markets are clearly digesting the uncertainty of follow on actions on April 9 from the US spreading to more sectors, as well []

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No Viability Gap Funding Released For BESS In FY25: Govt

The Ministry of New and Renewable Energy (MNRE) said that it has not issued any viability gap funding (VGF) for battery energy storage system in FY25. The Union Cabinet approved the Viability Gap Funding (VGF) scheme for Battery Energy Storage Systems (BESS) on September 6, 2023, to support sector development. Under the scheme guidelines, 10% of []

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FY 25: IEX Registers 121 Billion Units of Power Traded

In its March update, Indian Energy Exchange, has achieved its highest ever electricity traded volume of 121 BUs in FY25, registering an increase of 19% Year-Over-Year (YoY). IEX also recorded the highest-ever yearly trade of RECs in FY25. A total of 178 lakh Renewable Energy Certificates were traded during the year, marking a 136 % []

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Distributed Solar Startup Aerem Raises Rs 100 Crores

Aerem, a solar platform dedicated to simplifying solar adoption for businesses and households, has announced that it has secured 100 crore in Series A round led by UTEC (University of Tokyo Edge Capital Partners), the Japan-based $700 million venture firm.  The funds will drive the companys expansion across India and enhance its solar financing and marketplace []

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