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climate technology

Small Business Owners in Clean Energy Sector Still Hope for Best

“Even without the U.S.’s formal participation in the pact, we believe our nation will continue to lead in carbon reduction and clean energy,” Small business owners who install solar panels or help customers use clean energy don’t seem fazed by President Donald Trump’s plan to withdraw the U.S. from the Paris climate accord, saying they […]

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KERC accelerating solar projects as demand surges in Karnataka

The KERC has included cross-subsidy charges on solar power from solar farms. Additionally, it has given a 10-year waiver of key grid charges, for solar power projects commissioned before March 2018. Taking cue from Prime Minster Narendra Modi’s ardent appeal in Paris Climate Conference in 2015 to make India a solar-powered nation, the Karnataka Electricity […]

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SBI to Finance Rs 400 crore for 100 MW of Rooftop Solar Power Projects

With the World Bank-funded capacity development program, the SBI aims to expand and incentivize the market for rooftop solar power projects by way of low cost financing. The State Bank of India has announced its decision to finance 100 MW Solar Power Project worth Rs 400 crore. To this regard, the SBI has secured a […]

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ADB and PNB sign $100 million loan to finance Solar Rooftop projects

PNB will use the ADB funds to make further loans to various developers and end users to install rooftop solar systems. The Asian Development Bank (ADB) and the Punjab National Bank (PNB) recently signed a $100 million loan to finance large solar rooftop systems on industrial and commercial buildings throughout India. The loan will be […]

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PM Modi Begins Four-Nation Tour, clean energy among others on future roadmap of cooperation

Modi said he and Merkel will “chart out a future roadmap of cooperation with focus on trade and investment, security and counter-terrorism, innovation and science and technology, skill development, urban infrastructure, railways and civil aviation, clean energy, development cooperation, health and alternative medicine.” PM Narendra Modi begins his four-nation tour of Germany, Spain, Russia and […]

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India extends $500-million LoC to Mauritius, Mauritius submits its instrument of ratification to ISA

The LOC agreement was signed between SBM Mauritius Infrastructure Development Co. Ltd and Export-Import Bank of India A $500-million line of credit (LoC) from India to Mauritius is among four agreements signed by the two countries following delegation-level talks headed by Prime Minister Narendra Modi and his Mauritian counterpart Pravind Jugnauth here on Saturday. “#IndiaMauritius […]

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Solar Power Juggernaut Will Keep Rolling Despite Higher Taxes Under GST

According to a list of 1,211 items released after the meeting of the GST Council, which comprises finance ministers of all the states of the Union, “Photosensitive semiconductor devices; including solar photovoltaic cells, whether or not assembled in modules or made up into panels”, will be charged at a rate of 18 Goods and Services […]

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ISA can act as a medium to achieve universal energy access target set up before 2030: Piyush Goyal

Piyush Goyal also said that Scaling Solar MiniGrids shall work in tandem with ISA’s over all objectives and already existing two programmes, namely Scaling Solar Applications for Agricultural Use and Affordable Finance at Scale launched on 22nd April, 2016. Minister of State (IC) for Power, Coal, Mines and New & Renewable Energy, Piyush Goyal, at […]

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