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Gujarat Sets Sight for 30 GW Renewables in Next 10 Years

The Gujarat government is planning a Rs 2,20,000 crore investment in the renewable energy sector to produce 30 GW of renewable energy during the next 10 years. By 2022, the state government aims to increase the generation of renewable energy to 53% of the total power production in the state, from a current 28% said […]

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Cabinet Clears India-France Renewable Energy Deal

Moreover, the technical cooperation will cover joint research working groups, pilot projects, capacity building programs, study tour, case studies and the sharing of experience/expertise. The government has approved the deal signed between India and France to further strengthen the technical bilateral cooperation in new and renewable energy. The decision was taken by the Union Cabinet […]

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Cabinet approves MoU between India and France on technical bilateral cooperation in the field of new and renewable energy

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has been approved the Memorandum of Understanding (MoU) between India and France on technical bilateral cooperation in the field of new and renewable energy. The MoU was signed on 3rd October, 2018. Salient Features India and France aim to establish the basis for a cooperative […]

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Renewable Sources Contribute Over 40% to Germany’s Public Net Electricity Generation in 2018

Based on the production figures, solar energy showed the largest growth at 16 percent, ahead of wind energy with 5.4 percent growth. Researchers at the Fraunhofer Institute for Solar Energy Systems ISE have just released their annual assessment on the net electricity generation for Germany’s public power supply in 2018. Based on the production figures, […]

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NTR Secures 229 million Euros in Second Renewable Energy Fund

The fund is targeting €500 million and will invest in both pre-construction and operational onshore wind and solar projects across markets. Irish green asset manager, NTR plc has announced 2it has secured funding of 229 million  euros for the NTR Renewable Energy Income Fund II, of which €145 million has been secured for the fund’s […]

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Renewable Source Catered to 52% of Portugal’s Energy Needs in 2018

The balance of trade favoured exports for the third year in a row and amounted to around 5% of domestic consumption. In a massive achievement, Portugal met 52% of its power need through renewable sources, a press release by Portuguese power utility Redes Energeticas Nacionais (REN) shows. Renewable production supplied 52% of domestic consumption, plus […]

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India Received $3.2 Bn of FDI in Renewable energy in Last Three Years

In the first three months of the current financial year (2018-19), Rs 452 crore of FDI had already flown in, power minister R K Singh said. India has received Foreign Direct Investment worth $3,217 million in the renewable energy sector over the last three years from April 2015 to June 2018. According to data from the […]

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3,217 Million US$ received as FDI in Renewable Energy Sector

Renewable Energy Capacity reaches about 74GW as on 30/11/2018 The FDI data cell of the Department of Industrial Policy and Promotion (DIPP) compiles and maintains the data of Foreign Direct Investment (FDI) Equity inflow received in the country. The FDI equity inflow from April, 2015 to June, 2018 in the Non-Conventional Energy Sector is as […]

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Karnataka Tops the Chart in Renewable Energy Capacity

Having 12,640 MW of cumulative capacity of installed renewable energy, Karnataka is leading the way in generating renewable energy. With a view of cutting carbon emissions and moving towards a sustainable future, Karnataka has now become the number one state in renewable energy capacity addition. Having 12,640 MW of cumulative capacity of installed renewable energy, […]

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