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renewable energy

Indias Solar Outlook Revised to Stable, Wind Continues Negative Trend

India Ratings has maintained a negative outlook on Indias wind sector for 2HFY21, bur the solar sector outlook has been revised to stable from negative. India Ratings and Research (Ind-Ra) has maintained a negative outlook on Indias energy and transport infrastructure for the second half of FY2021, stemming from a likely low demand, driven by []

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HSBC Green Deposit for Corporates

PRODUCT BRIEF: HSBC has launched its Green Deposit product in India for its corporate clients. The first-of-its-kind product for the Indian market, the Green Deposit will enable the banks clients to support greener more sustainable projects. PRODUCT FEATURES: The fixed tenure deposits through the product will go towards financing eligible businesses and projects that promote the []

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West Bengal Government Planning for Floating Solar Projects

The West Bengal government is planning to develop floating solar power projects in a big way as it does not require a large tract of land. The West Bengal government is planning to develop floating solar power projects in a big way as it does not require a large tract of land, a minister said on September 25, 2020. The government is exploring []

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India Offers $100 Mn LOC to Sri Lanka for Three Solar Projects

India has offered a LOC worth USD 100 million to Sri Lanka for three solar projects in the country, according to an official statement. India has offered a Line of Credit (LOC) worth USD 100 million to Sri Lanka for three solar projects in the country, according to an official statement. Indias high commissioner to Sri Lanka Gopal Baglay had called on []

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MSEDCL Continues To Write the Rulebook On Killing Solar Rooftop

The Maharashtra State Energy Distribution Company Limited continues to find new ways to rile up solar stakeholders. Their latest effort, or non effort relates to the piffling demand for central solar subsidy worth Rs 3 crores, for just 25 MW, when the potential in the state according to most experts is easily over 1000 MW. []

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Tata Power Signs PPA to Commission Solar Carport for Apollo Kolkata

Tata Power, Indias largest power company has announced that it has signed a Power Purchase Agreement (PPA) with Apollo Gleneagles Hospital to commission the biggest carport in Indian Health Sector. This will be the biggest carport in the state of West Bengal, with 335 kWp capacity. The project is expected to generate approximately 4.26 lakhs []

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Tata Powers 200 Microgrids to be Ready by 2021

TP Renewable Microgrid (TPRMG), a venture by Tata Power, is expected to complete the installation work of 200 microgrids and make them ready for use by next year, said the Rockefeller Foundation a partner in the clean energy project. In November 2019, Tata Power had announced creating an arm, TPRMG, to set up 10,000 []

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Gujarat Government Announces Subsidy for Electric Vehicles

The Gujarat government has announced a new scheme for the promotion of electric vehicles in the state, under which it will be offering a subsidy to buyers. The Gujarat government has announced a new scheme for the promotion of electric vehicles (two and three-wheelers) in the state, under which it will be offering a subsidy []

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