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SEBI To Finalise Norms For Green Bonds Post MNRE Comments

Issuance and listing of green bonds will be governed by the SEBI regulations for debt securities but the issuer of green bonds will have to make incremental disclosures SEBI is reportedly gearing up to finalize its guidelines for listing of Green Bonds soon, which would facilitate raising of funds for investment in renewable energy space, […]

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Electricity Utility MSEDCL Blocks Metro Rail’s Solar Power Plan

Discom MSEDCL refuses to relax the norms for solar power to meet the 65 percent of Nagpur Metro Rail’s energy needs. Mahametro’s plan to meet 65% of Nagpur Metro Rail’s energy needs through solar power has received a jolt as state-run Discom MSEDCL has refused to relax its norms for the project. Maharashtra Electricity Regulatory […]

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Amplus Energy to Set Up 1 MW Solar Power Rooftop at Snapdeal’s Warehouses

E-commerce platform Snapdeal’s warehouses in different location will get 1 MW solar power rooftop systems. E-commerce platform Snapdeal is all set to embrace renewable energy with the company setting up solar power rooftop projects of total 1 MW at its warehouses across various locations. The project is being implemented by Amplus Energy Solutions, which will […]

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GST to increase solar tariffs, boost domestic manufacturing and jobs: CEEW

Key contributors to the increase in solar tariffs, as a result of GST, would include increase in operations and maintenance cost, panel costs, and financing costs. According to a study released by the Council on Energy, Environment and Water (CEEW),India’s emerging solar sector could see tariffs rise by nearly 10% if current tax exemptions were […]

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Madhya Pradesh Shows Solar Power Is Here To Stay And Make Significant Contributions To The Country’s Energy Mix

Assuring developers of risk mitigation in terms of electricity offtake, by Rewa Ultra Mega Power Limited (a joint venture of Solar Energy Corporation of India Limited and Madhya Pradesh Urja Vikas Nigam Limited), also contributed to the drop. The solar revolution in India marches on, with renewed momentum, if the recently concluded reverse bidding auction […]

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New Power Generation Capacity Could Be All Renewables only after 2023-24: TERI

“The cost of renewable electricity and its storage is on a steady decline and could stabilise at around Rs 5 per KWh. This would enable India to move decisively towards renewables for future generation. What this ,means is that India has a ten-year window where no new investments are likely to be done in coal, […]

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European Commission Approves French Solar Power and Hydropower Schemes

European Commission has given approval to two solar power projects and a hydropower project in France. The European Commission announced it had approved three French schemes to support solar power and hydropower energy generators in the country. The schemes include two solar power projects, which have a provisional budget of 439 million euros ($466 million) […]

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String Inverter Market size to cross USD 7 billion by 2024: Global Market Insights

India accounted for over 6% of 2015 Asia Pacific string inverter market share and should witness considerable growth on account of increasing clean fuel electricity demand said Global Market Insights Global Market Insights forecasts the string inverter market size to exceed $7bn by 2024. According to the research firm rising demand for continuous and reliable […]

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