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green energy in india

Grasim Ties up With Cleanmax to set up 32.4 MW Wind Plant in Karnataka

Grasim has executed an LLP Agreement with Cleanmax Enviro Energy to establish and procure power from a 32.4 MW wind energy power plant in Karnataka. Grasim Industries has announced that it has executed an LLP Agreement with Cleanmax Enviro Energy (Generator) and Power Purchase Agreement (PPA) with CleanMax Power 3 LLP (Power Producer) to establish […]

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Climate Financing by 7 of the Largest MDB’s Totalled $61.6 Bn in 2019

Climate financing by seven of the world’s largest multilateral development banks (MDBs) totalled USD 61.6 billion in 2019 Climate financing by seven of the world’s largest multilateral development banks (MDBs) totalled USD 61.6 billion in 2019, with USD 41.5 billion (67 percent) in low- and middle-income economies, according to the 2019 Joint Report on Multilateral Development […]

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4 Winners in NTPC’s 1.2 GW Solar Tender, Winning Bid at Rs 2.43/kWh

NTPC Ltd has concluded the e-reverse auction for its 1.2 GW solar tender awarding capacity to 4 winners in O2 Power, Tata Power, Azure Power, and AMP Energy NTPC Ltd has concluded the e-reverse auction for its tender for the selection of solar power developers for setting up 1.2 GW ISTS-Connected solar PV power projects […]

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Retiring old Thermal Plants the 1st Hurdle in Reducing Discoms Debts: IEEFA

Discoms need to work with state governments to retire their old inefficient and expensive thermal power plants as the first step in reducing their debts A new report by IEEFA proposes recommendations to reduce financial and operational inefficiencies across India’s power distribution sector, which as of May 2020 had accumulated massive overdue payment liabilities of […]

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Offshore Wind to Surge to 234 GW by 2030, Create 900K Jobs: GWEC

Global offshore wind capacity will surge to over 234 GW by 2030 from 29.1 GW at the end of 2019, led by exponential growth in the Asia-Pacific region Global offshore wind capacity will surge to over 234 GW by 2030 from 29.1 GW at the end of 2019, led by exponential growth in the Asia-Pacific […]

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We Need to Renew our Pledge to Renewables: Niti Aayog VC

India needs to renew its pledge to renewables as thermal cannot take the country far due to environmental constraints, Niti Aayog VC Rajiv Kumar has said. India needs to renew its pledge to renewables as thermal energy cannot take the country far due to environmental constraints, Niti Aayog Vice Chairman Rajiv Kumar said. Delivering the keynote address on ‘Solar Energy: The […]

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SunSource Inaugurates 6 MW Rooftop Solar PV Project

Project is developed on 5 rooftops, spread across 21,00,000 square feet SunSource Energy, a leading provider of solar-based energy and storage solutions to commercial and industrial organizations, today inaugurated its 6 MW rooftop solar PV project in Bhilwara, Rajasthan. This project will provide clean energy to one of the industrial sites of one of the leading textile companies based […]

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Ayana Renewable Acquires Solar Assets Worth 40 MW in Karnataka

Ayana Renewable Power has announced the acquisition of a 100 percent equity stake in two First Solar developed solar plants, with a total capacity of 40 MW. Ayana Renewable Power Private Limited (Ayana) has announced the acquisition of a 100 percent equity stake in two First Solar developed photovoltaic (PV) solar power plants, with a […]

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MERC Directs MSEDCL to Compensate Solar PV Project Developers

Solar PV Projects totaling 100 MW will be benefited The Maharashtra Electricity Regulatory Commission (MERC) has provided partial relief to Juniper Green Energy Pvt. Ltd. (JGEPL), and Nisagra Renewable Energy Pvt. Ltd. (NREPL), developers of solar PV projects in Maharashtra. JGEPL and NREPL had petitioned the MERC to intervene and finalize a compensation mechanism and […]

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