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Six Women-Led Energy-Linked Startups from POWERED Accelerator’s First Cohort to receive $10,000 Seed Fund

  First cohort of POWERED Accelerator showcase its business to a curated audience of investors, govt, corporates and influencers. 6 startups bag seed funding of $10,000 each from the Programme. POWERED Accelerator opens for applications for 2ndcohort POWERED Accelerator First Cohort and Jury on the Demo Day in New Delhi Mumbai, 8th October 2018, POWERED […]

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Punjab Solar Energy Policy

1. OBJECTIVES Objective of the state solar policy include:- 1.1 Punjab has considerable potential in NRSE sector which is being harnessed. With a view to maximize the utilization of these resources; this policy aims to achieve the following objectives: To maximise and improve the share of new and renewable sources of energy to 10% of […]

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Viz-A-Viz with Sushil Bansal, Founder & Managing Director, Novasys Greenergy Pvt Ltd

Q. As initially, Novasys Greenergy was established for coal trading purpose. How the idea of diversifying into solar space came into existence? Our coal trading activity over past quarter of a century has been conducted under the aegis of Sangita group, which is operational in coal. Being engaged in Energy business as above, we realized […]

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IFGE Confers Green Energy Award on CleanMax Solar

CleanMax Solar has won the award for its 145 MW solar farm at Sedam, Gulbarga District, Karnataka which supplies solar power to corporates like Adobe, ACC, United Breweries, SKF, Volvo and others. Achieving another milestone, sustainability partner for corporates, CleanMax Solar has won the ‘India Green Energy Award’ from country’s esteemed clean energy advisor Indian […]

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IEX, PXIL Green Certificate Sales Nosedive 49.34% in August

The drop in the sales of RECs took place within a time period of 1 month as it was around 16.18 lakh in July, 2018. Sales of Renewable Energy Certificates (REC) plunged around 49.34 percent to 8.19 lakh units on the country’s REC Exchanges, Indian Energy Exchange (IEX) and Power Exchange of India (PXIL). The […]

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Facebook: Commits 75% Lower Emissions, Power 100% Renewable Energy by 2020

In a record-breaking year of corporate renewable energy purchases, Facebook is on track to be one of the largest corporate purchasers of renewable energy. Social media giant Facebook has committed to reduce its greenhouse gas emissions by 75 percent and powering its global operations with 100 percent renewable energy by the end of 2020. In a record-breaking year […]

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India Launches ‘Scale Up of Access to Clean Energy’ Scheme

Aiming at providing ease of access to clean energy, the scheme is targeting the underprivileged areas of the states Assam, Madhya Pradesh and Odisha. In a bid to promote the use of clean energy, President has given nod to cabinet approved ‘Scale Up of Access to Clean Energy’ Scheme. Aiming at providing ease of access […]

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Green Certificates Sales Dip 32% on Power Exchanges in June

The IEX and PXIL sold 5,09,744 and 3,86,485 RECs respectively, totalling 8,96,229 RECs in June during the recent auction. The sale of Renewable Energy Certificates (RECs) has dropped 32 percent to 8.96 lakh in June against 13.15 lakh in May this year on Indian Energy Exchange and Power Exchange India Ltd, according to an official data. Further, the Renewable Purchase Obligation (RPO) is […]

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Bangladesh, World Bank Ink $55 Mn Pact to Expand Renewable Energy Usage in Rural Areas

The additional financing to the Second Rural Electrification and Renewable Energy Development (RERED II) Project will install 1,000 solar irrigation pumps, 30 solar mini-grids, and about 4 million improved cookstoves in rural areas. In order to expand renewable energy usage in rural areas, the Bangladesh government has inked a USD 55 million financing pact with the World […]

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