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renewable energy

Renewable Energy Pact with Peru Approved by Union Cabinet

The agreement aims to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable energy issues on the basis of mutual benefit equality and reciprocity. For the promotion of renewable energy projects in the country, a Union cabinet chaired by Prime Minister Narendra Modi approved an []

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Tata Power Renewable Energy Inks PPA with GE for Solar Rooftop Solns

The solar rooftop projects installation will help to generate over 1 million kWh of electricity per year, and will lead to an average tariff reduction of around 30 percent. Tata Powers wholly-owned arm Tata Power Renewable Energy has signed a power purchase agreement (PPA) with GE to provide solar rooftop solutions for 6 manufacturing and services sites in []

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Renewable Energy Attracted $42 Bn of Investment in 4 Years: MNRE

New opportunities have emerged. Altogether new business space has been created. Indian companies have begun to explore foreign stock exchanges as a source of funds. An investment of $42 billion was attracted by Indias Renewable Energy Sector in last four years and over the same period of time, the green energy projects created over 10 []

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World Saw Largest Rise in Renewable Energy Capacity in 2017: Report

Both energy demand and energy-related carbon dioxide emissions rose substantially for the first time in four years. In the power sector, the transition to renewables is underway but is progressing more slowly than is possible or desirable. The global power generating capacity has seen an exceptional rise in 2017 and the main source of the []

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A Path breaking Journey in Renewable Energy through last 4 years

Last 4 years have been path-breaking in Indias renewable energy landscape. Renewable power installed capacity has already reached over 70 GW. Over 40 GW renewable power capacity is under construction/tendered. Globally, India stands 4th in wind power 5th in renewable power and 6th in solar power installed capacity. Solar energy capacity increased by over 8 []

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Job Searches Surge by 76 Percent in Renewable Energy Sector in 3 Years

Currently, with the centers focus on renewable energy, the Indian industry is adopting energy efficient tools and technologies. This bodes well for the ecology and the economy, and with a structured approach to policy implementation, the sector holds the potential to emerge as the foremost sunrise industry in the country, the firm said in a statement. []

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French Guiana Region to Install Worlds Largest Power Station with 140 MWh Renewable Energy Storage

Power plant will generate 100% renewable energy, delivering steady, competitively-priced electricity supply, 24/7 to over 10,000 households in French Guiana. HDF (Hydrogène de France) has announced the launch of a world first in the history of renewable energy with the creation of its CEOG project (French Western Guiana Power Plant). The project harnessed via HDFs []

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Bangladesh, World Bank Ink $55 Mn Pact to Expand Renewable Energy Usage in Rural Areas

The additional financing to the Second Rural Electrification and Renewable Energy Development (RERED II) Project will install 1,000 solar irrigation pumps, 30 solar mini-grids, and about 4 million improved cookstoves in rural areas. In order to expand renewable energy usage in rural areas, the Bangladesh government has inked a USD 55 million financing pact with the World []

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Union Cabinet Clears Renewable Energy MoU Inked Between India, Morocco

The MoU envisages establishing a Joint Working Committee (JWC) to review, monitor and discuss matters relating to the areas of cooperation. The Union Cabinet has provided its approval for the Memorandum of Understanding (MoU) signed between India and Morocco on cooperation in the field of renewable energy in April this year. As per the pact, []

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