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India Needs Energy Efficiency By Maximising Supply Of Renewable Energy Sources: Niti Aayog

“We’re at a time when prices of renewable energy sources like solar are falling rapidly. This will soon spread to different energy sources” Buoyed by falling solar tariffs, Niti Aayog today said India needs energy efficiency by maximising supply of renewable energy sources to help realise the goal of sustainable development for affordable and clean […]

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Sales of Renewable Energy Certificates (RECs) Dropped To 30 Per Cent in February

Power distribution companies as well as open access and captive consumers are under obligation to buy RECs from renewable energy producers under renewable purchase obligations (RPOs) as mandated by central and state regulatory commissions. Sales of renewable energy certificates (RECs) dropped 30 per cent to 10.93 lakh this month against 15.68 lakh in January this […]

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Phoenix Solar Pumps Renewable Energy Into IKEA Store

Installation of the solar panels by Phoenix Solar begins at IKEA Tampines in March and the project is expected to be completed in July this year. Singapore’s Phoenix Solar has announced that it has been awarded a contract by IKEA Southeast Asia to design and build a 1 MWp solar system on the roof of IKEA […]

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Kerala’s Renewable Energy Organization ANERT to Campaign for Solar Power Connect Project

Agency for Non-Conventional Energy and Rural Technology will make use of solar power to reduce dependence on hydroelectric power and meet electricity needs. Agency for Non-Conventional Energy and Rural Technology (ANERT) is set to include more institutions, individuals and companies under the grid-connect solar power project to reduce dependence on hydroelectric power. The plan is […]

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New Power Generation Capacity Could Be All Renewables only after 2023-24: TERI

“The cost of renewable electricity and its storage is on a steady decline and could stabilise at around Rs 5 per KWh. This would enable India to move decisively towards renewables for future generation. What this ,means is that India has a ten-year window where no new investments are likely to be done in coal, […]

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Adani Appoints Jennifer Purdie as CEO for Renewable Energy Unit in Australia

Jennifer Purdie as the Chief Executive Officer will support the operations of Adani’s renewable energy business unit in Australia Indian energy giant Adani Group has appointed Jennifer Purdie as the Chief Executive Officer (CEO) for its renewable energy business unit in Australia in a bid to drive its plans to become the largest renewable energy […]

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ReNew Power Raises $475 Million at Cheaper Cost

The green bonds yielded 6% at the close of subscription and have helped ReNew Power raise $475 Million. ReNew Power Ventures has raised $475 million by selling green bonds to overseas investors as the solar and wind energy producer plans to refinance debt. The bond yielded 6% at the close of subscription on Monday. The […]

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Odisha Needs Rs 13500 crore Investments in Renewable Energy by 2022

The state government of Odisha has envisaged a renewable energy capacity of 2750 MW by 2022 As Odisha bets big on renewable energy sources to meet its power requirement in the future, it needs an investment of Rs 13,500 crore by 2022, according to the estimates of KPMG. The KPMG analysis is based on the […]

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The Budget Has Provided Renewed Thrust on Renewables: Piyush Goyal

In the New & Renewable Energy Sector, Piyush Goyal informed that the Budget has affirmed target for Solar Power of additional 20,000 MW capacity during next year Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal while addressing the media, said that the allocations have been increased for […]

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