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Sustainable Energy

Global Solar PV Installations to Reach Record 114.5 GW in 2019

A new report has predicted that the global solar PV installations in 2019 will reach a record high of 114.5 GW, up nearly 17.5 percent on 2018. As noted in the Wood Mackenzie ‘Global solar PV market outlook update: Q2 2019′, the market is now back on a strong growth trajectory after a slowdown in 2018. […]

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EESL, NOIDA Join Hands to Install 100 Charging Stations

The initiative is likely to save more than 4.04 tonnes of CO2 emissions per e-car per year. The government-backed Energy Efficiency Services Ltd (EESL) has entered into an agreement with the New Okhla Industrial Development Authority to fast-track the adoption of e-mobility by promoting robust EV infrastructure and installing around 100 public charging stations. The […]

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8 Key Points From KUSUM Scheme Implementation Guidelines

MNRE has issued guidelines for the implementation of the Rs 34,422 crore KUSUM Scheme The Ministry of New and Renewable Energy (MNRE) has issued guidelines for the implementation of the Rs 34,422 crore Pradhan Mantri Kisan Urja Suraksha evam Uthan Mahabhiyan (KUSUM) Scheme, that aims to provide both financial security and more sustainable water access […]

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Fuel Subsidies 3-Times Higher Than EV Budget: Report

A new study has revealed that fuel subsidies for petrol & diesel between Oct’18 and Jun’19 amounted to almost 3 times the 10,000 crore EV budget under FAME A new study has revealed that fuel subsidies for petrol and diesel in India, between October 2018 and June 2019 amounted to almost 3 times the three-year […]

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Uber, Sun Mobility to Deploy Electric Autos in India

Global shared-mobility service provider Uber announced a partnership with Bangalore-based Sun Mobility to launch an electric auto service platform. The Ride-hailing giant Uber on Wednesday announced a partnership with SUN Mobility to deploy electric autos in India. As part of the agreement, SUN Mobility will offer its energy infrastructure platform, which includes swappable Li-Ion smart batteries […]

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Japan’s Mitsui Invests Rs 100 Crore in SmartE

SmartE, a Delhi-NCR based electric mobility startup, has raised Rs 100 crore from Japan’s Mitsui and Co. SmartE, a Delhi-NCR based electric mobility startup, has raised Rs 100 crore in funding from Japan’s Mitsui and Co. The e-mobility service provider, which is a subsidiary of Treasure Vase Ventures, has raised the amount as a part […]

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IFC Lends $35 mn to Promote Green Projects in Costa Rica

IFC has signed a loan of US$ 35 million to incentivise the issuance of a green bond by Davivienda Costa Rica, the third largest private bank in Costa Rica The International Finance Corporation (IFC), a member of the World Bank Group, has signed a loan of US$ 35 million to support and incentivise the issuance […]

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MNRE Issues Guidelines for Implementation of KUSUM Scheme

MNRE has issued guidelines for the implementation of the Rs 34,422 crore KUSUM Scheme The Ministry of New and Renewable Energy (MNRE) has issued guidelines for the implementation of the Rs 34,422 crore Pradhan Mantri Kisan Urja Suraksha evam Uthan Mahabhiyan (KUSUM) Scheme, that aims to provide both financial security and more sustainable water access […]

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Integrating Wind & Solar in Existing Grid Effectively

The green initiatives in Union budget 2019 focus on renewable energy, air pollution, water, and solid waste management for a sustainable future. That makes the integration of renewable energy like solar and wind in existing national grid a must to achieve India’s target of 175GW in renewable energy capacity by 2022. But the variability and […]

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