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Follow the Money, As Funding Shifts Completely to Renewables Over Coal in 2021

A study titled “Financiers Prefer Wind And Solar Over Coal” has been released by CFA (Center For Financial Accountability). According to the Coal vs. Renewables Financial Analysis 2022, L&T Finance overtook SBI as the largest financier of renewable energy project financing in 2021. The annual energy finance conference co-hosted by CFA and IIT Madras saw […]

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India’s Policy Framework For Low-Carbon Electricity Generation

India recently submitted its Long-term Low-Carbon Development strategy to the requirements of the Paris Agreement. The South Asian country aims to go carbon-neutral by 2070, requiring adopting new technological developments while taking care of all the associated risks. For this, the Policy framework that the country adopts will matter the most in its transition to […]

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Rajasthan Opens PM-KUSUM Online Land Registration Portal

Under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM), Rajasthan has created the Saur Krishi Ajivika Yojna (SKAY) to encourage the development of decentralised solar projects at load centers with primarily agricultural usage in rural areas. By enabling farmers and landowners to lease out their unused or unproductive land on […]

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5 Reasons Why Rooftop Solar Is Set To Boom in India

India missed the solar target of 2022 and rooftop solar is of the biggest reason for that. But there is reason to be optimistic about the future . We list down 5 reasons why reasons why rooftop  solar is going to boom in India. At the UN Climate Change Conference (COP26) in Glasgow in 2021, […]

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Government Targets 4,000 MW Rooftop Solar Capacity Addition In Residential Sector

Union Minister for Power and New and Renewable Energy RK Singh has informed the Parliament that MNRE is targeting 4,000 MW rooftop solar (RTS) capacity addition in residential sector through Central Financial Assistance (CFA) under the Rooftop Solar Programme (Phase-II). The Union Minister said in a written response to a question asked in the Rajya […]

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With formal approval, 20 GW of RE capacity on its way for green corridor

The Ministry of New and Renewable Energy (MNRE) has notified the President’s approval for the implementation of the “Intra-state Transmission System Green Energy Corridor (GEC) Phase- II” scheme, which will enable the creation of intra-state transmission infrastructure required for the power evacuation of renewable power projects in the country. The projects, which would have approx. […]

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Telangana Issues Empanelment Tender for 50MW Rooftop Solar Projects

The Telangana State Renewable Energy Development Corporation (TSREDCO) has floated a new tender, inviting bids for empaneling vendors to develop 50 MW of grid-connected residential rooftop solar projects. The rooftop projects will be executed as part of the second phase of the Grid Connected Rooftop Solar Program that comes under the Ministry of New and Renewable […]

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