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India’s Green Bond Market at Just 3.8 % of Overall Domestic Corporate Bond Market

The green bond market in the country accounts for only 3.8 % of all outstanding corporate bonds exceeding USD 500 billion, say market reports. As per media reports, Fitch Ratings said that as of January 2023, GSSS (Green, Social, Sustainability and Sustainability-linked Debt) bonds accounted for USD 20 billion or 3.8 % of the country’s […]

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Kaleshwaram Project In Telangana Will Not Have Floating Solar

There will be no floating solar plants coming up in the Kaleshwaram Lift Irrigation Scheme area in Telangana. Telangana Energy Minister G Jagadish Reddy has clarified in the State Assembly that the floating solar idea has been dropped by the state government as it was opposed by the fishermen. The project, the world’s largest lift […]

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HPCL Requests EoI For Acquiring Green Energy Assets with Minimum 50 MW Capacity

State owned Hindustan Petroleum Corporation Limited (HPCL) is exploring acquisition opportunities in Renewable Energy – Solar / Wind and Hybrid assets with or without storage with expected asset Capacity of minimum 50 MW. The PSU is aiming to augment its renewable business through the intended acquisition. As per the notification, in case a seller is […]

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CIP Will Invest EUR 8 Billion In Offshore Wind Project In Portugal

The Copenhagen Infrastructure Partners (CIP) has said it looks to invest EUR 8 billion in a mega offshore wind energy project in Portugal. According to reports, a spokesperson from the Denmark-based fund management firm CIP held that it will go for multi-billion investment in the Nortada offshore wind energy project. The wind project will be […]

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Employment in Solar & Wind Sector Rises Eight-Fold, New Study Points

A joint report by three think tanks has revealed that the solar and wind energy sectors in India have added 52,700 new workforce in project development roles in the last financial year. This marks an eight-fold jump in the employment in this segment from financial year 2021. The new study is done by the Council […]

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How China Ensured 55 GW Of Rooftop Solar In 2022

The solar industry thrived in India with an addition of about 14 GW in the year 2022. Even so, it fell short of its 2022 solar target of a cumulative 100 GW comprehensively, ending up at 62 GW, with total rooftop solar at barely 7 GW. Meanwhile, in China, with the highest installed capacity and […]

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In Double Delight For RE Developers, R.K. Singh Confirms ALMM Exemption, CERC Relaxes DSM Conditions

The Union Cabinet Minister and the Minister of Power and New & Renewable Energy, R.K. Singh has confirmed that a 2 year exemption for buying exclusively from ALMM (Approved List of Module Manufacturers) will be coming for large renewable energy projects. Speaking at a conference, Singh, while taking credit for introducing the idea of expanding […]

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