SUBSCRIBE NEWS LETTER

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India Adds 2.2 GW Solar Capacity in Q3, Faces Slowing Activity – Mercom

Newly-installed solar parks in India will stand at 9.5 GW and 10 GW, as compared to its previous forecast for about 10 GW. India has added 2,247 MW to the electricity grid in the third quarter of 2017 but activity there is seen to slow down and lead to weaker-than-expected fourth quarter, according to a […]

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International Solar Alliance Energizing Future

India’s brainchild, the International Solar Alliance celebrated its inception this November, and looks ahead to become a legal entity on 6th December 2017. An Indian initiative to forge a global coalition to harness solar energy, International Solar Alliance was launched at the CoP21 Climate Conference by Prime Minister Narendra Modi and the then French President Francois […]

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Solar Lights Distributed To 350 Homes of J&K’s Kargil by Schneider Electric India

The children and the residents of area will be the major beneficiary of the program. Solar lights to as many as 350 homes has been provided by the Schneider electric India along with non-government organizations in Jammu and Kashmir’s Kargil under the umbrella of their social corporate social responsibility project under  the aegis of Schneider […]

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Low Bids Slowing Solar Energy Projects: ICRA

The level of solar power tariffs witnessed a sharp reduction in the last six months says ICRA The viability for solar projects bid has slowed down in the last six months, according to the research and ratings agency ICRA. The solar project capacity awarded in 2017 stood at 3.75 GW by October end as against […]

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India-World Bank Ink $100 Million Loan Agreement For Clean Energy

The solar parks will be mostly under the Ministry of New and Renewable Energy’s (MNRE) Solar Park Scheme. In a significant development, India and the World Bank have signed a $100 million loan and a grant agreement to help the country increase power generation capacity through cleaner, renewable energy sources. In a statement the World […]

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Climate Talks: India Scores Diplomatic Victory As China Announces Plan to Join International Solar Alliance

China’s decision to join the global solar alliance of 121 solar resource rich countries is seen as India’s significant victory as the former has become the most dominant player of renewable energy. In a significant development, China has announced its intention to join the India-led International Solar Alliance (ISA) at the UN-sponsored climate change conference […]

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IL&FS Tie-up With Ecamion To Explore Energy Storage Business

IL&FS and Ecamion will explore entering the energy storage business, with an eye on the electric vehicle opportunity Infrastructure Leasing and Financial Services (IL&FS) Ltd has joined hands with Canadian clean technology company Ecamion Inc. to explore entering the energy storage business, with an eye on the electric vehicle opportunity, said a senior ILF&S official. […]

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India Committed to 175 GW Clean Energy Target: MNRE

India is committed to its renewable energy target of having 175 GW capacity by 2022 to provide equitable sustainable development Ministry of New and Renewable Energy (MNRE), Government of India, in partnership with the Confederation of Indian Industry (CII), organized a panel discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW renewables by […]

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IEA Predicts India Will Lead the World in Clean Energy By 2040

Rapid deployment of solar photovoltaics (PV), led by China and India, will help solar energy become the largest source of low-carbon capacity The International Energy Agency (IEA) predicts India is likely to lead global energy demand growth surpassing China and the US by 2040. In its latest World Energy Outlook, published by the International Energy […]

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