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Malaysian company Yinson, via its arm Yinson Renewables (S) Pte Ltd, has forayed into the renewable energy segment and bought 37.5 percent stake in the Indian Independent Power Producer (IPP) Rising Sun Energy Pvt Ltd (RSE). The company said that it has signed “multiple agreements to acquire a 37.5 percent equity interest in RSE, a […]
After the addition of on average 13GW of renewable energy capacity in FY2016/17 and FY2017/18, India’s renewable capacity additions were expected to grow on average at 20-25GW in line with the target of 175GW by December 2022. However, less than 10GW of on-grid renewable capacity and installs were added in FY2018/19. This is expected to […]
India’s renewable energy sector seems to be losing steam and may find it tough to meet its 175 GW target by 2022, claims a new report India’s renewable energy sector seems to be losing steam and may find it tough to meet its 175 gigawatt (GW) target by 2022, even as its total capacity reached almost 86 GW […]
The EQT Infrastructure IV fund and Temasek have announced the establishment of O2 Power, a renewable energy platform in India. The EQT Infrastructure IV fund and Singapore’s Temasek have announced the establishment of O2 Power, a renewable energy platform in India. O2 Power will target over four gigawatts (GW) of installed capacity across solar and […]
The installed renewable energy capacity in India had crossed 84 GW mark by the end of November 2019, as per fresh data released by MNRE. The installed and operational renewable energy (RE) capacity in India had crossed 84 gigawatts (GW) mark by the end of November 2019, fresh data released by the Ministry of New […]
India and Saudi Arabia have signed 12 MoUs and agreements in key sectors including renewable energy, security cooperation, and civil aviation. India and Saudi Arabia have signed 12 MoUs and agreements in key sectors including renewable energy, security cooperation, defence industries collaboration, and civil aviation. The agreements were signed in the presence of Prime Minister Narendra […]
DRE enterprises have been acting as dedicated clean energy solutions providers for the un-served and under-served segments of the Indian population. It has catalyzed innumerable lives of this segment of population by creating opportunities for better livelihoods, increased income levels, safe and healthy living conditions, leapfrogged education opportunities and empowering women by eradicating drudgery at […]
India is a key to international efforts on climate action and is making a fantastic effort to grow its renewable energy basket, UN Chief Antonio Guterres has said. India is a very important actor and “fundamental partner” in international efforts on climate action and is making a “fantastic effort” to grow its renewable energy basket, UN chief […]
As the 13th REI Expo gets underway from September 18th, for the stakeholders in the renewables sector, it’s an opportune time to look back and ahead to the future of the industry. The REI Expo, in its small beginnings and now with its undisputed status as the premier industry event for the sector in India, […]
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