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ZunRoof Obtains USICEF’s Grant for Solar Rooftop Business

After securing funding from Godrej recently, Zunroof receives USICEF grant for the expansion of its solar rooftop business Gurgaon based ZunRoof Tech, a residential solar rooftop company, today announced that it has received grant support from US-India Clean Energy Finance (USICEF) in the fourth round of the program. “We are glad to join the august […]

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South & SE Asia ‘Can’ Transition to Zero Carbon: Climate Analytics Report

According to a new report by the research institute Climate Analytics, the South and South East Asia can shift from their current carbon-intensive pathways to renewable energy The South And South East Asian economies can fuel economic growth, boost sustainable development and overcome energy poverty while avoiding life-threatening pollution and environmental degradation while transitioning to […]

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EVs Emit 67% Less than Conventional ICE Vehicles: Report

A new report has revealed that an EV can generate up to 67% less GHG emissions than ICE car on a well-to-wheel basis but the location is a crucial factor. A new report has revealed that a typical mid-size electric vehicle (EV) can generate up to 67 percent lower greenhouse gas (GHG) emissions than a petrol-driven internal combustion engine (ICE) […]

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Jobs in Solar – The Untold Story

  In 2015, when the government hiked the solar energy target from 20GW to 100 GW (in a new 175 GW renewables target) by 2022, it was considered wildly ambitious. Also, it was enough to spark strong interest in the sector finally, and with it, big bets. As it turned out, the sector did not […]

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R K Singh Seeks Removal of Priority Sector Lending Limit for RE Sector

Indian Power and new renewable energy minister R K Singh yesterday pitched for removal of priority sector lending limit for green energy projects. In the meeting, it was decided that MNRE would follow up with RBI for removal of the priority sector lending limit for RE sector. This will encourage the Public Sector Banks to […]

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Andhra Pradesh’s New CM Elect is Sold on Renewables, with Conditions

In an Interview to India Today, YS Jaganmohan Reddy, who will be sworn in as the state’s next Chief Minister on May 30, expressed the hope that his regime will be able to use solar in a big way. In a wide ranging interview where he spoke about a host of issues, the incoming CM’s […]

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Rural Electrification Corporation Posts Q4 Profit Rise of 50%

The REC’s total income increased to Rs 6,685.90 crore in the March quarter, compared with Rs 5,948.09 crore a year ago. State-owned Rural Electrification Corporation (REC) posted around 50 percent jump in standalone net profit to Rs 1,256.13 crore in the March 2019 quarter, mainly on the back of higher income. The company’s standalone net […]

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ADB Agrees To Help Finance 100-MW Solar Project in Cambodia

The Asian Development Bank (ADB) said today it will extend a loan of USD 7.64 million to support the construction of a 100-MW photovoltaic (PV) park in Cambodia. The National Solar Park Project was developed with grants from the governments of Canada and Singapore and envisages the installation of a power plant in Kampong Chhnang […]

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