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The Ministry of New & Renewable Energy (MNRE) is providing subsidy up to 30% of the benchmark cost of the solar water pumps to the farmers under Off-grid and Decentralized Solar PV Applications Programme. Till date over 1.85 lakh solar water pumps have been reported installed in the country under the Programme. The Ministry of […]
India’s Nationally Determined Contributions (NDCs), as submitted to the United Nations Framework Convention on Climate Change (UNFCCC) under Paris Climate Agreement, inter-alia, include achieving about 40 percent cumulative electric power installed capacity from non-fossil fuel based energy resources by 2030. India has taken various initiatives, including setting up of National Solar Mission and announcing target […]
Renewable energy installations in the country are progressively increasing and do not appear to be facing any major challenges Renewable energy sector in India is attracting companies from across the world In the year 2016-17, aggregate capacity of around 11,322 MW of renewable energy was installed in the country, and in year 2017-18, aggregate capacity […]
The segment includes nine small hydro projects with the combined capacity of 5.55 MW worth around Rs 60 crore, one bio-CNG Project of Rs 17.50 crore and a bio-coal of around Rs 26.75 crore. The Punjab Government has approved Punjab renewable energy projects worth Rs 100 crore, the State Minister for Renewable Energy Sources Gurpreet Singh Kangar […]
The ReNew Power IPO comprises of new shares worth Rs 2,600 crore. The move also comes with an additional offer for sale of over 94 million equity shares by existing shareholders. In a substantial addition to solar industry, market watchdog SEBI sanctions Goldman Sachs’ ReNew Power to float its Initial Public Offering (IPO). The ReNew […]
100 GW of solar capacity by 2022 in the country The Government is promoting development of solar energy in the country by providing various fiscal and promotional incentives The Government has set a target of installing 40 GW of grid connected rooftop solar capacity in the country including Delhi and National Capital Region (NCR) by […]
The idea is to shift from a conventional source of energy, which is expensive and unreliable due to its transportation and maintenance, to renewable energy. To enhance the living conditions of its personnel, the Indian army is looking for a durable supply of power in high altitudes where they are deployed. The idea is to […]
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