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Netherlands Solar Company to Build Solar Power Plant at Moerdijk

Shell noted that the Moerdijk solar power plant, which will boast an approximate peak capacity of 20 megawatts of power, will contribute to the chemical facility’s energy consumption. Netherlands Solar Company, Shell this year plans to begin constructing a solar power plant at its chemicals manufacturing facility in Moerdijk, the company reported. “Developing this solar […]

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Year End Review 2017 –MNRE

Government is on its way to achieving 175 GW target for installed Renewable Energy capacity by 2022 India attains 6th position in global Solar Power installed capacity By November 2017, a total of 62 GW Renewable Power installed, of which 27 GW installed since May 2014 and 11.79 GW since January 2017 Historic Low Tariffs […]

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Major Policy Initiatives undertaken by Government for increasing share of Renewable Energy in total installed capacity

Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh, in a written reply to a question in Rajya Sabha today, informed about the major policy initiatives undertaken after June 2014 for increasing the share of renewable energy in total installed capacity. These are as under: – Announced a cumulative […]

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President of India gives away National Energy Conservation Awards and National Painting Competition Prizes for 2017

Industry must cooperate with Government to set up Energy Banks, to meet increasing Energy demand in the Country: Shri Ram Nath Kovind India to reduce Energy Intensity of Economic Growth by one-third by 2030, aim towards Responsible Growth: Shri R.K. Singh India to exceed its Renewable Energy target of 175 GW, to comfortably cross 200 […]

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Indian Railway Finance Corporation Issues USD 500 million Green Bond

Pricing Of USD 500 Million 3.835% Fixed Rate Senior Unsecured Dollar Green Bond of 10 Year Tenor by Indian Railway Finance Corporation Limited. Indian Railway Finance Corporation Limited (“IRFC”) announced that it has successfully raised USD 500 million 10-year green bond from investors in Asia, Europe and Middle East, and offshore US. Proceeds of the […]

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Modi Govt to Step Beyond Renewable Goal With China-Scale Tenders

With renewable energy targets second only to those set by the government of China, India has a long way to go from a current base of 60 gigawatts to reach its ambition of 175 gigawatts in five years. In a bid to fulfill Prime Minister Narendra Modi’s climate pledges, India announced that it will tender […]

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Government announces Trajectory to achieve its targets of commissioning 100 GW of Solar generating capacity and 60 GW of Wind power by 2022

Government to conduct Third Wind Power Auction of 2000 MW Capacity Power Supply Agreements signed by SECI with utilities of UP, Bihar, Jharkhand, Assam, Punjab, Goa and Odisha The Government today announced the trajectory for achieving its targets of commissioning 175 GW of Renewable Energy (RE), 100 GW of solar generating capacity and 60 GW […]

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PERSPECTIVE

The government of India has set an ambitious target of 175 GW of renewable power installed capacity by the end of 2022, of which 58 GW has been installed so far. The Indian solar market added 1,869 MW in the second quarter of 2017, bringing installations in the first half of the year to 4,765 […]

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Greenko to Raise $1 Billion Through Asia’s Largest Green Bond

India’s leading clean energy company, Greenko will raise one of the largest greenbond sale to date by a company in Asia, up to $1.1billion via an offshore dollar issue. Less than a year after its last offering, India’s leading clean energy company, Greenko, is raising up to $1.1billion via an offshore dollar issue — the […]

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