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AfDB Group Okays $18.17 Mn for Kopere Solar Project in Kenya

Moreover, the bank is also in the process of securing a USD 11.6 million concessional loan from the Climate Investment Fund’s Scaling-up Renewable Energy Program (SREP). The African Development Bank (AfDB) Group has approved a USD 18.17 million senior loan to 40 MWac (50MWp) Kopere Solar Power Project in Kenya. The Kopere project, which falls under Kenya’s Renewable Energy Feed-in-Tariff (FiT) […]

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Rising Global Temperature will Hit Countries like India Hard: Dr Harsh Vardhan

The Minister tweeted on the sidelines of the 24th meeting of Conference of Parties (COP-24) to the United Nations Framework Convention on Climate Change (UNFCCC). The Union Environment Minister, Dr Harsh Vardhan said that rising global temperature will hit countries like India hard. A 1.5C rise in global temp will impact disadvantaged and vulnerable sections […]

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MNRE to Add Massive 23 GW Of Solar Project in Jammu And Kashmir

Solar Energy Corporation of India which is implementing the project, will tender 5000 MW in Leh district and 2500 MW in Kargil district in the Phase-1 of the project. In a massive solar push, Ministry of New and Renewable Energy (MNRE) has announced its plans for 23 GW of solar projects in Leh and Ladakh […]

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Green Bank Network Earmarks $10 Billion for Green Projects

Green Bank members invest across multiple technology platforms such as wind, utility, and small-scale solar, energy efficiency, low-carbon transport etc,. Green Bank Networks, specialized financial institutions involved in financing green projects, are expected to shell out $41 billion in as capital for projects around the globe. Green Bank members invest across multiple technology platforms such […]

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IL&FS to Monetise its Green Energy Portfolio Worth Rs 8,000 Crore

This comes on the backdrop of IL&FS already having received a good response for the potential sale of its two arms. Debt laden Infrastructure Leasing & Financial Services has decided to monetize its renewable energy assets worth Rs 8,000 crore and has initiated the process to sell its controlling stake in green energy business as […]

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Delhi Government Invites Comments on Draft Delhi Electric Vehicle Policy 2018

The policy aims to reduce Delhi’s pollution by taking care of vehicular emission focusing primarily on incentivising the purchase and use of electric vehicles. Arvind Kejriwal led Delhi Government has invited comments from the public on the draft ‘Delhi Electric Vehicle Policy 2018’ which was released recently. “With vehicular pollution being a consistent source of […]

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TANGEDCO Issues Tender for 500 MW Grid-Connected Solar Project

The project will be awarded based on a reverse auction to be held on a specified date, the upper ceiling for the bidding is set at Rs 3.00 per unit. Moving towards solar energy, Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) has invited bids from solar power generators for the procurement of 500 MW […]

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NTPC signs Agreement with EV Aggregators for Developing Charging Infra

The agreement signed between Ola, Lithium, Shuttl, Bikxie, Bounce, Electrie and Zoom Car and NTPC will lead to development of charging infrastructure. To increase the availability of public EV charging infrastructure, National Thermal Power Corporation (NTPC) has signed an agreement with Vehicle Aggregators for development and utilization of the facility. The agreement signed between Ola, […]

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Delhi Government to Educate Farmers About Solar Scheme

The revenue department has been instructed to identify land owning farmers so as to to encourage them to enroll in the scheme. Delhi Government will soon hold workshops to inform and sensitize farmers about the benefits from the new solar scheme. The scheme will also help farmers to have a secondary source of income. The […]

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