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alternative energy

22 Percent Drop in Renewable Energy Certificates’ Sales in FY 2018-19

In March, sales of RECs or green certificates declined by over 51 percent to 11.78 lakh from 24.26 lakh in the same month last year.  Sales of renewable energy certificates declined over 22 percent to 1.25 crore units this fiscal on IEX and PXIL as compared to 1.61 crore in 2017-18, mainly due to lower inventory (supply), according to […]

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EIB and Banco Santander to Provide €50 Mn to Improve Energy Efficiency

The EIB-Santander credit line is part of the energy efficiency financing instrument funded by the European Commission to promote sustainable investments contributing to climate action. The European Investment Bank (EIB) and Santander España are providing businesses and the self-employed with a credit line – including EUR 50 million of EIB funds – for professional projects improving […]

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Rethinking a Renewable-Only Energy Future Makes Sense: Karin Kneissl

The Austrian Foreign Minister has said that it now makes sense to rethink the renewable-only energy future. Austrian Foreign Minister Karin Kneissl has said that it now makes sense to rethink the renewable-only energy future because, in the process of aiming too high, the countries run the risk of missing their targets of socially acceptable […]

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Saudi Arabia and China To Boost Renewable Energy Cooperation

Saudi Arabia’s PIF signs MOU with China’s National Energy Administration on renewable energy cooperation, after announcing to make India a regional hub for oil supply. Saudi Arabia’s sovereign wealth fund PIF signed a preliminary deal for investments in China’s renewable energy sector during the visit of Crown Prince Mohammed in China. The news about the […]

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Viz-A-Viz with Dr. Rahul Walawalkar, Executive Director | India Energy Storage Alliance (IESA)

High Time for Policymakers to take Decisive Action If we really want to tap into the country’s estimated 300GWh of storage opportunity in the next four years for domestic manufacturing, this is high time for policymakers to take decisive action, believes Dr. Rahul Walawalkar, Executive Director, India Energy Storage Alliance (IESA), a membership driven alliance […]

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Need Policy Framework to Promote Solar Energy in Dairy Network : RK Singh

RK Singh pitches for creating an enabling and stable policy framework to further propagate usage of solar energy, utilizing the dairy cooperative network for the benefit of the farmers. Minister of Power, New & Renewable Energy RK Singh proposed the idea for creating a new policy framework to promote the use of solar energy in […]

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Wells Fargo Gives $500,000 Grant for Developing Green Energy

In addition to rooftop solar, the grant will expand the amount of open public space available to residents of the Northeast Valley. The Wells Fargo Foundation has announced a grant of $500,000 to a broad-based coalition aimed at attracting clean energy investments, stimulate local workforce and combat air quality issues. The grant will support the […]

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Union Cabinet Approves MoU Between India and France on Renewable Energy

The objective of the MoU as described in the press release, “is to define the modalities of discussions concerning, in particular, the future collaboration.” The Union Cabinet chaired by Prime Minister Narendra Modi has approved a memorandum of understanding (MoU) between India and France in the domain of renewable energy. The MoU was signed between […]

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