SUBSCRIBE NEWS LETTER

renewable energy in india

IREDA sanctions highest-ever loan of Rs 24,000 cr in 2021-22

State-owned Indian Renewable Energy Development Agency (IREDA) has recorded its highest-ever loan sanction of Rs 2,3921.06 crore and disbursement of around Rs 16,070.82 crore in 2021-22. “Indian Renewable Energy Development Agency Ltd (IREDA), the largest dedicated lender of Renewable Energy in India ended FY2021-22 with its best-ever performance to date. IREDA has achieved the highest-ever […]

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Biofuels: Empowering the Economy and Conserving the Environment

Notwithstanding adversities of pandemic India is projected to report close to double digit GDP growth this year based on studies by renowned institutions. Thanks to huge domestic market consumption though exports are likely to remain subdued! The energy requirement of an economy is directly proportional to population and the momentum of development. Electricity and fuel […]

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ReNew Power Goes with Gujarat For Solar Component Manufacturing Plant

Leading renewable energy firm ReNew Power has announced that it will be going to Gujarat for the development of a solar cell and module manufacturing plant. The manufacturing plans had been announced by ReNew Power last year, and it has picked the Dholera Special Industrial Region (DSIR), about 100 km away from Ahmedabad . Gujarat, […]

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Amplus Solar Acquires 17 Rooftop Solar Projects From Sterling and Wilson

Amplus Solar has announced the acquisition of 17 on-site operational rooftop solar projects from Sterling and Wilson, totalling 7.2 MWp. Amplus Solar, one of Asia’s leading distributed solar energy companies, has announced the acquisition of 17 on-site operational rooftop solar projects from Sterling and Wilson Private Limited’s totalling 7.2 MWp.  Spread over Haryana, Punjab, Madhya […]

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The Plan is to Power the Entire Agriculture Sector With Solar: RK Singh at RE-Invest

India’s plan is to rapidly take forward the idea of solarising its agriculture sector, and not just stop at solar pumps but cover the entire value chain. Agro-PV offers an opportunity to enable the achievement of both sustainable agriculture and clean energy transitions. Decentralised and distributed renewable energy solutions including solar-powered irrigation can significantly contribute […]

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Ashwani Kumar Appointed Group CEO of Suzlon Group

Suzlon Group, one of India’s largest renewable energy solutions provider, has announced that it has appointed Ashwani Kumar as its Group CEO. Tulsi Tanti, Chairman and Managing Director, Suzlon Group said, “I am delighted that Ashwani Kumar is joining the Suzlon family. He brings with him a rich experience in the power and infrastructure sectors […]

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Solar Industry Paving Way Forward For Circular Economy

Darshika Gupta, a mechanical engineer by training and part of the business development team at the Commercial and Industrial division of Amplus  Solar, makes a case for the need to shift to a circular economy. The expansion of the global renewable energy (RE) sector has been evident in recent years, improving energy security by decreasing […]

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TN Gets Fresh Influx of Investments in Areas Including Solar Manufacturing

Tamil Nadu has signed eight new MoUs that bring with them investments worth Rs 10,399 crore in areas including solar cells and modules manufacturing. The state government of Tamil Nadu, on July 20, 2020, has announced the signing of eight new Memorandum of Understandings (MoU) that bring with them investments worth Rs 10,399 crore in […]

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L&T Infrastructure Finance Closes $100 Million ECB Loan From AIIB

L&T Infrastructure Finance has received the first tranche of 50 million dollars of the total 100 million external commercial borrowing loan from the AIIB. L&T Infrastructure Finance Company Ltd (LTIF) has received the first tranche of 50 million dollars of the total 100 million external commercial borrowing loan from the Asian Infrastructure Investment Bank (AIIB), […]

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