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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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United States Decision on Paris Doesn’t Matter For Renewable Growth: Fitch Ratings

Fitch Ratings predicts that power generation from renewable resources has nearly quadrupled in the last decade and expanded more than six times to 770GW at the end of last year. The United States plan to withdraw from the multilateral Paris climate agreement doesn’t matter for the pace of growth for renewables globally, as mentioned in […]

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US Energy firm GIP Buying Asia’s largest Renewable Energy Producer

Equis energy biggest renewable energy platform in Asia has cut deal with GIP for $3.7 billion.  United States based firm GIP- Global Infrastructure partner is set to buy Asia’s largest renewable energy producer Equis for $3.7 billion. Singapore based Equis is Asia’s producer in renewable field with Five solar and wind assets in Philippines. Considerate the […]

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Grid Management – Re-Balancing Power Generation

Power sector in India has witnessed tremendous growth in its energy demand, generation capacity, transmission and distribution networks. Renewable energy generation in India has been steadily on rise. With 175GW target of clean energy, it became necessary to have a grid that was highly adaptive (in terms of supply and demand). A good electric supply […]

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Key technology trends shaping the Global Solar Industry

Innovation in Finance When asked about the direction of innovation in financing for clean energy Manish Chaurasia, Managing Director, Tata Cleantech Capital Ltd. (TCCL) said, there is a lot of innovation happening in clean energy financing on a global scale. From securitization of assets to setting up of yield to monetize and plough back capital, […]

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