Renewable Energy

Bareilly to Install Solar Panels on All Govt. Buildings

At the collectorate building, Vikas Bhavan and some other offices, rooftop solar power plants have already been installed. In order to comply with government’s instruction, solar panels will be installed on all government and semi-government buildings soon The principal secretary of UP government has instructed all the district authorities to install rooftop solar panels on all […]

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CPPIB to Invest $300 Million in Renewable Energy Producer Mytrah Power

We are in process of raising growth capital and there is interest from multiple investors,” said Mytrah Energy chief financial officer Shirish Navlekar without disclosing further details. An advance talks are taking place between Canada’s largest pension fund manager Canada Pension Plan Investment Board (CPPIB) and renewable energy producer Mytrah Energy Ltd where the former is investing about $300 million […]

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Renewable to be Half of Total Installed Capacity by 2030: RK Singh

It (power demand) will go up further, which means we will need to expand our capacity, so energy is a good market here By the end of 2030, the renewable energy mix in India’s electricity mix would account for around 55% of the total electricity. The country is expanding and growing in its installation capacity […]

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China Solar Policy May Further Cut Power Bidding Tariff

The tariffs, which will be discovered in the next rounds of inter-state transmission system bidding, could hit a new low. It may even breach the Rs 2.44 a unit pricing that was discovered during the Bhadla phase-IV bidding. As Chinese government has decided to deploy caps and reduce feed-in-tariffs for solar projects, it is highly […]

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Financing Indian Sun

After out-passing teething troubles related to GST implementation, India firmly cements it’s place as the fastest growing major economy in the world by clocking GDP growth rate of 7.7 per cent during the January to March quarter of FY 18. India, being the Asia’s third-largest economy, clinched this position after surpassing China’s 6.8 per cent […]

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India Offers $75 Mn Credit Support for 100 MW Solar Project in Cuba

During talks, both countries agreed to enhance cooperation in the fields of renewable energy, biotechnology, traditional medicine and trade and investment. During the third leg of Indian President Ram Nath Kovind’s three nations tour, India offered a USD 75 million credit support to Cuba for a 100 MW solar power project. The President’s Secretariat said […]

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EDF Renewables, PGGM Ink Pact on Solar, Wind Projects in US

As per the deal, PGGM Infrastructure Fund will acquire 50 percent ownership interest in all the four projects and the total capacity of the portfolio of projects is 588 MW. Independent Power Producer (IPP) EDF Renewables has inked the Purchase and Sale Agreements (PSA) with PGGM Infrastructure Fund for its Red Pine Wind, Rock Falls Wind, Switch […]

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Nigeria Eyes 30% Renewable Energy by 2030 to National Grid

A loan of $66m and $8m was granted to Nigeria for the solar project after it joined other countries to sign the International Solar Alliance (ISA) in March 2018 in New Delhi, India. Intensifying its collaboration with India on clean energy, the Federal Government of Nigeria has set a target for 30 percent renewable energy […]

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India in Sight for 5000 Crore Investment in Waste-to-Energy by Indian Ex-pat Varun Datta in 2019

Every year, India generates a staggeringly obscene 55 million tons of Municipal solid waste along with 38 billion liters of sewage waste predominantly from its urban pockets. This is multiplied critically by additional solid and liquid wastes churned out by the rapidly scaling industries. With more people expected to move from rural to urban areas […]

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