SUBSCRIBE NEWS LETTER

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Delhi aims to generate 1GW solar power by 2020

The Delhi Government on monday approved solar policy to make the national capital a solar city with installation of 1 GW solar power capacity in next five years(2020). The state government also proposed to double it to 2GW by 2025. The policyoutlines a combination of regulations, mandates, incentives, and tax breaks for the growth of […]

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Delhi Solar Policy

Delhi Solar Policy Updates 2017 Delhi Solar Policy 2016 released by the Delhi state government applicable for the period, 2016-2020. Promotion for investment climate enabling multiple financial models is the primary focus of the policy. With the major focus on self-owned Capital Expenditure (CAPEX) to third-party owned Renewable Energy Service Company (RESCO) models applied to […]

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India has emerged as the biggest renewable energy lab in the world: Richard Verma

US envoy Richard Verma on his visit to India said the country has emerged as the biggest renewable energy lab in the world and is at the threshold of dynamic growth in the deployment of smart grid technology. Verma, accompanied by other dignitaries visited Tata Power Delhi Distribution’s Smart Grid Lab in Rohini and Tata […]

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Delhi likely to get green power from Madhya Pradesh to run its Metro trains

The National Capital of India will reportedly get green power from Madhya Pradesh starting next year to run its Metro trains. Manu Shrivastava, Principal Secretary of Madhya Pradesh New and Renewable Energy Department speaking to PTI said “we are charting out the power purchase agreement (PPA) to be signed between Delhi Metro Rail Corporation (DMRC) and developers of the world’s […]

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Over Rs. 71,200 crore sanctioned for Renewable Energy Sector by Banks & NBFCs since February, 2015

Banks & Non-Banking Financial Companies (NBFCs) have sanctioned over Rs. 71,201.54 crore to finance various renewable energy projects and disbursed Rs. 29,529.57 crore against the sanctioned amount since February 2015 till 21 March, 2016. During RE-INVEST 2015, 40 major Banks and Non-Banking Financial Companies (NBFCs) committed to provide debt funding to Renewable Energy Projects aggregating […]

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‘Rooftops for Rent’ a New Turn in Solar Market

‘Give us your rooftop and we will give you cheap solar power’, new business model used by the solar energy companies to boost the solar installation capacities. Properties like Industrial establishments, commercial buildings, malls and large gated communities are the targets for this solar mission in India. ‘Around 240 sq mtre of rooftop space is […]

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AMPIN Energy, CIP Partner To Create $3 Bn RE Asset Base In India

AMPIN Energy Transition, and Copenhagen Infrastructure (CIP) have announced a second partnership to develop another ~2 GWp of renewable energy projects across India. This new investment in excess of USD 300 million would help create a renewable energy asset base of approx. USD 1.5 billion. This partnership follows the existing partnership that AMPIN and CIP […]

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Ashish Khanna To Take Charge As 3rd DG at ISA

The seventh session of the ISA Assembly in progress in New Delhi has selected Ashish Khanna from India as its third Director General. The other office candidates included Wisdom Ahiataku —Togobo from Ghana and Gosaye Mengistie Abayneh from Ethiopia. Khanna, currently working as the head of the World Bank’s west and Central Africa programme, will […]

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AMPIN, Varroc Partner For Another Maharashtra Solar Project

New Delhi-based renewable energy company AMPIN Energy Transition, today signed a transaction document with Varroc group for an additional 27 MWp solar power project in Maharashtra. This order follows the implementation of AMPIN’s initial solar projects in Maharashtra, Karnataka, Uttar Pradesh & Tamil Nadu. This new PPA marks a repeat order from Varroc Group, highlighting […]

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