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International Solar Alliance to Become a treaty-based Legal Entity on December 6

44 countries have already signed the ISA treaty, and many more are set to join. International Solar Alliance (ISA), the India-headquartered grouping of 121 nations for promotion of solar energy, will become a treaty-based international intergovernmental organization on December 6 this year, according to Interim Director-General, Upendra Tripathy. Speaking at a curtain raiser for the […]

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Curtain Raiser Event held for the Founding Ceremony of International Solar Alliance in Bonn, Germany

A Curtain Raiser Event for the Founding Ceremony of the International Solar Alliance (ISA) was held at Bonn, Germany yesterday. Speaking at the event, Shri Anand Kumar, Secretary, Ministry of New and Renewable Energy, Government of India hoped that, in the spirit of affirmative action, developed countries will earmark a percentage of Overseas Development Assistance […]

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Solar Energy Insurance for Utility Scale Projects

With each step towards achieving 100GW solar power goal by 2022, the momentous development of solar insurance and reinsurance market in India could not come at a better time. When it comes to new and innovative financing models, growing number of large-scale solar PV power plants and reduction in the feed-in tariff has spurred the […]

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Investonomics on Indian Sun is Hot!

Today, solar power is not merely a power demand catalyst rather this sector preaches colossal economics in the world affairs. Clouds around solar sector have dynamically revolved as murmurs of its transient nature of solar power are eluded. Solar and wind projects in the country would attract USD 20 billion investment each year from next […]

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EBRD strengthens ties with International Solar Alliance

A joint declaration to promote solar energy in the countries, where both EBRD and ISA operate was signed in New Delhi. The European Bank for Reconstruction & Development (EBRD) and the International Solar Alliance (ISA) have agreed to strengthen cooperation in pursuit of their shared goal of mobilizing green energy financing. A joint declaration to […]

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India and Other Emerging Economies Can Unlock Trillions of Dollars in Climate Finance: IFC Global Report

Estimates indicate that India is on track to exceed its target of reducing greenhouse-gas emissions intensity by up to 35 percent by 2030. Developing countries like India can meet climate targets promised in the landmark Paris Agreement by catalyzing trillions of dollars in private investments through a combination of smart policy reforms and innovative business […]

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Rooftop Solar Sector in India – Challenges and a Way Ahead

Rooftop Solar Sector is going to be vital in achievement of Government targets for Solar Electricity Production in India. Many initiatives have been taken by Government for promotion of this sector in last couple of year. Some of them are: 1) Central Agency SECI and various state nodal agencies have come up with tenders for […]

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Tata Power Delhi Distribution and GIZ Sign MoU for Renewable Energy

The Memorandum of Understanding includes Tata Power and GIZ to work jointly for the achievement of common goals and utility objectives related to promotion of grid-connected solar rooftop PV, energy storage system, electric vehicle and smart grid initiatives. Tata Power Delhi Distribution, India’s leading power distribution company and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) have […]

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