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renewable sources

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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Welspun Renewables’ extends Solar Capacity in Punjab

Welspun Renewables is reported to have extended it solar capacity in Punjab by 4 MW (AC). Evaluating Punjab to a green energy run, the latest addition comes is thenceforth of its 32 MW (AC) Bathinda solar project. The two projects combined together will be annually feeding 54.37 million units of clean energy to the grid. Consequent […]

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MNRE invites Comments / Views on Implications of GST on delivered cost of Renewable Energy by 15th March.

Ministry of New and Renewable Energy (MNRE) has invited comments and views of the implications of Goods and Service Tax (GST) on delivered cost of Renewable Energy by 15th March, 2016. To understand implication of GST on the delivered cost of renewable energy MNRE commissioned a study in July 2015 which then stated that implementation […]

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IEEE Technology Foresee for the year 2016 – Clean & Renewable Energy Dominant Trend

2016 will witness an increased share of technological innovation in the energy sector with a focus on ‘global clean energy,’ reckons IEEE. The pioneer technology group experts perceives that newer and more efficient ways to consume energy using renewables sources as well as energy efficiency will be one main focus this year. The principal element of this revolution is […]

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Demystifying Renewable Energy and Its Process

The energy which are captured from existing streams of energy like on-going normal procedures for example, daylight, wind, streaming water, natural procedures (natural processes) and geothermal heat streams are the renewable energy (sources) or RES. The known definition is that renewable energy is from an energy asset that is supplanted quickly by a characteristic process, […]

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Jindal India RE Targets BESS Market With 5 GWh Capacity

Jindal India Renewable Energy, a part of the BC Jindal Group, announced its foray into the Battery Energy Storage Systems (BESS). The company plans to build 1 GWh battery pack assembly line with LFP chemistry by 2025 and will foray into battery cell manufacturing with 5 GWh capacity by 2027. To achieve this, the company […]

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Adani Group Secures a 6.6 GW Solar,Thermal deal with MSEDCL

Adani Green Energy Limited (AGEL), India’s leading renewable energy provider, and Adani Power Limited (APL), the largest private thermal power producer in the country, have announced a new agreement with Maharashtra State Electricity Distribution Company Limited (MSEDCL). This deal will provide Maharashtra with a total of 6.6 GW of energy from both solar and thermal […]

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Jharkhand Plans RESCO Aid To Boost Solar Growth In Giridih

The Jharkhand Renewable Energy Development Agency (JREDA) has now decided to rope in the services of RESCO (Renewable Energy Service Company) to boost the growth of solar energy in Giridih. Giridih is the proposed solar city of Jharkhand. As the per the plan of the state renewable agency of Jharkhand, JREDA seeks to develop a […]

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