Renewable Energy

Lightsource plans to invest Rs 6500 crores in India

UK-based Lightsource Renewable Energy will invest Rs 6500 crores over the next 2-3 years to set up 1000 MW solar energy projects in India. “The company is looking at developing 1000 MW of solar power projects entailing an investment of Rs 6,500 crore over the next 2-3 years,” Lightsource Renewable Energy Ltd Managing Director and […]

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Etrion to Sell Italian Solar Portfolio to Ultor

Etrion Corporation has signed definitive sale and purchase agreement with Ultor S.p.A, a joint venture owned equally by Enel Green Power S.p.A. and Fondo Italiano per le Infrastrutture. Under the agreement Ultor will purchasing Etrion’s 60-megawatt (“MW”) Italian solar portfolio for initial cash consideration of Euro 78 million and the assumption of related project-level debt […]

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Solar powered Telecom Towers Helping Rajasthan Villages Catch Up On The “Digital India” Trail

Solar powered telecom towers helping people in remote villages of Rajasthan’s Alwar district to be part of ‘Digital India’ initiative. People including women from villages like Karenda, Phalsa and Bahadari, in Rajasthan are connected to the internet and mobile telephone under an initiative of a private company; however, the villages lack basic facilities like road, […]

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Lightsource dives into the Indian solar market

UK’s largest solar energy generator Lightsource Renewable Energy has dived into the Indian solar market and reportedly spearheading massive investment in solar segment in the country. Early this year in September the company bagged 50 MW solar project out of 450MW tendered in Maharashtra. Lightsource recently in a statement said that it is looking to […]

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Dalmia Cement, Swiss Re and Helvetia Pledge to ‘Use Better Energy Better’

India’s Dalmia Cement, one of the world’s greenest cement company, and Swiss insurer Helvetia, have committed to 100% renewable electricity through RE100; a global, collaborative initiative of influential businesses working to massively increase demand for and delivery of renewable energy. RE100 is led by The Climate Group in partnership with CDP. The news comes on […]

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NITI Aayog asked for detailed report on renewable energy sector

Joint Secretary and Advisor (Energy), NITI Aayog Anil Kumar Jain in a meeting on Friday with A.P Government Principal Secretary (energy) Ajay Jain, AP-Transco CMD K. Vijayanand, Joint Managing Director Dinesh Paruchuri and A.P Solar Power Corporation MD G. Adiseshu and NREDCAP MD M. Kamalakar Babu discussed the best practices in the field of energy […]

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Telangana’s total solar power generation capacity touches 3800 MW

Telangana has so far commissioned 3800 MW of solar power and 100 MW of wind power. “The State has so far commissioned 3,800 MW of solar power. The solar policy of the state has been widely received and there was tremendous response to the tenders floated for 2500 MW solar power. “So far, 100 MW […]

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AIGCC welcomes ratification of the Paris Agreement

The Asia Investor Group on Climate Change (AIGCC) welcomes recent announcements that Japan, Korea and Australia have ratified the Paris Agreement. Speaking on behalf of AIGCC, Emma Herd, Chief Executive Officer of Investor Group on said “Investors strongly endorse the Paris Agreement and welcome today’s decision by these governments to ratify the Paris Agreement.” He […]

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