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renewable energy in india

Dominion Announces Significant Expansion of Solar Energy in Virginia in Collaboration With Amazon

Dominion has announced a major expansion of its solar alliance with Amazon Web Services (AWS), Inc., an Amazon.com company, to add 180 megawatts of solar generating capacity in five Virginia counties. Construction of the facilities will be enabled through long-term power purchase agreements between Dominion subsidiary, Dominion Energy, Inc., and an affiliate of Amazon’s cloud […]

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PGCIL Seeks US$ 1,000 Million Loan from ADB for Green Energy Corridor

Power Grid Corporation of India Limited (PGCIL) has sought a loan of US$ 1,000 million for green energy corridor from the Asian Development Bank (ADB). The USD 1,000 million loan comprises Sovereign guaranteed loan of US$ 500 million and Non-Sovereign loan of US$ 500 million said Piyush Goyal, Minister of State (IC) for Power, Coal, […]

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Renewable Energy Policy FiT Analysis: Installed Capacity and Targets to 2020

Countries worldwide are planning to promote renewable energy in one way or the other in order to reduce dependency on fossil fuels. Hence, mandatory renewable energy targets are being laid down by the governments to ensure that the power producers produce certain proportions of the total electricity generation from renewable energy sources. For instance, the […]

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3019 MW of Solar Energy Capacity Added in 2015-16: Piyush Goyal

Power, Coal, New & Renewable Energy and Mines, Minister Piyush Goyal in Lok Sabha on Thursday said that a total of 3019 MW of solar energy capacity addition was recorded during the year 2015-16. The minister shared that World Bank has recently approved a total amount of US $ 625 million consisting of World Bank […]

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Indian Railways to install 5GW of solar by 2025 in partnership with UNDP: Report

Indian Railways is reportedly targeting to install 5GW of solar by 2025 in partnership with United Nations Development Programme (UNDP). PV Tech reports that Prodyut Mukherjee, national technical consultant, UNDP at his presentation at the International Conference on Decarbonisation of Indian Railways stated that the target will be realized using vacant Indian Railways land and […]

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Vikram Solar and Indian Institute of Engineering Science and Technology ink MoU for R&D

Vikram Solar on Wednesday announced that it has signed Memorandum of Understanding (MoU) with the Indian Institute of Engineering Science and Technology (IIEST). The announcement was made at the Rashtrapati Bhavan in the presence of President of India, Pranab Mukherjee at a Session on Industry-Academia Collaborations with CII. The agreement includes collaboration of both the organisations for the […]

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Lightsource plans to invest Rs 6500 crores in India

UK-based Lightsource Renewable Energy will invest Rs 6500 crores over the next 2-3 years to set up 1000 MW solar energy projects in India. “The company is looking at developing 1000 MW of solar power projects entailing an investment of Rs 6,500 crore over the next 2-3 years,” Lightsource Renewable Energy Ltd Managing Director and […]

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Lightsource dives into the Indian solar market

UK’s largest solar energy generator Lightsource Renewable Energy has dived into the Indian solar market and reportedly spearheading massive investment in solar segment in the country. Early this year in September the company bagged 50 MW solar project out of 450MW tendered in Maharashtra. Lightsource recently in a statement said that it is looking to […]

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Dalmia Cement, Swiss Re and Helvetia Pledge to ‘Use Better Energy Better’

India’s Dalmia Cement, one of the world’s greenest cement company, and Swiss insurer Helvetia, have committed to 100% renewable electricity through RE100; a global, collaborative initiative of influential businesses working to massively increase demand for and delivery of renewable energy. RE100 is led by The Climate Group in partnership with CDP. The news comes on […]

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