Renewable Energy

RK Singh Announces $350 Million Fund to Finance Solar Projects

The Minister said that that ISA shall help mobilize sufficient funds for solar energy projects. “India has one of the fastest growing Renewable Energy programmes in the World and the country would achieve its target of 175 GW of installed Renewable Energy capacity well before 2020,” Singh said. RK Singh, Minister of State for Power […]

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Solar Projects: Yes Bank to Mobilise USD 1 Billion by 2023 for Clean Energy

Yes Bank made at the the announcement at the International Solar Alliance (ISA) conference organised at World Future Energy Summit 2018 in Abu Dhabi. In a significant development, Yes Bank, India’s fifth largest private sector bank, said it will mobilise USD 1 billion by 2023 for financing solar energy projects in India. The announcement was […]

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1st Source Bank Announces Financing of 10 Solar Projects in 2017

1st Source has committed itself to serving the renewable energy industry. The Bank made its commitment to solar due to the unique needs of smaller commercial clients around the country, the Bank’s ability to provide tailored equity and financing options to this group of businesses. 1st Source Bank, a financial services company has announced the […]

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Solar Lights to be installed at Koyambedu Staff Quarter Premises

According to officials, a total of 35 such lights will be installed with a lithium-ion battery backup within a period of six months, once the contractor is chosen. Chennai Metro rail will be installing solar street lights at their staff quarter premises at Koyambedu in an effort to maximise the use of renewable energy. It […]

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Renewable Generation Costs Keep Plunging : IRENA

IRENA extends that all sustainable power source advances will contend with fossils on cost by 2020. For new undertakings appointed in 2017, power costs from inexhaustible power age have kept on falling fundamentally contrasted with the petroleum derivatives, as indicated by another report from the International Renewable Energy Agency (IRENA). It gauges inland breeze is […]

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Investing Renewables Infesting Fossils

Renewable Energy Sector as a Future Investment Model With increasing technological advancements, renewable energies are having a significant impact. Renewable energy is becoming increasingly viable, a trend that could potentially be a game-changer for investors, particularly large scale, global investors. The International Energy Agency projected that renewable energy will continue to grow by 42 percent […]

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How India can Achieve Its Ambitious Renewable Energy Goals

India is one of the countries in the world which is blessed with more than 300 days of sunshine in a year and is aggressive towards becoming a solar superpower. The country is currently in process to meet its renewable energy goals. In 2010, the country launched National Solar Mission and made an ambitious target […]

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A State Model for Development: Inclusion of Solar in Building Bye-Laws

The inextricable connection between state policies and development is well defined. Make in India is known to have made a tremendous inroads in invigorating the manufacturing sector. The FDI inflows reached record high levels and GDP growth rate touched the 7.5% mark. In the past few months, metrics to quantify results of state policies reverberated […]

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Solar Streetlights Will Soon be Installed at Chennai Metro Rail Staff Quarters

According to officials of Chennai Metro Rail Limited (CMRL), a total 35 such lights would be installed with a lithium-ion battery backup in six months after the contractor is chosen. In order to maximize the use of renewable energy, Chennai Metro Rail will install 50MW solar streetlights at its staff quarters in Koyambedu. CMRL has […]

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