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renewable energy investment

Klear Vu Partners with Dynamic Energy to Save $320K by Solar Energy Installation

Recently, the company has invested in solar energy and the new 243 kW system will supply over 35 percent of the company’s annual electricity consumption. US-based chair pads and rocker sets maker Klear Vu Corporation has partnered with Dynamic Energy Solutions, a full-service solar energy solutions provider, to run on solar energy. Recently, the company […]

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SBI to Save Rs 30cr Via Investing in Green Energy

The bank now possesses a capacity of 21.23 MW in renewable power source. According to bank, adding the current capacity to 25 MW will help it save Rs 30 Crore annually. State Bank of India (SBI), country’s largest lender said that it expects to save Rs 30 Crore through its investment in solar and wind […]

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Green Energy Association Mulls to Move SC Against APTEL Order on RECs

Last week, the Appellate Tribunal for Electricity (APTEL) had rejected the petition of Green Energy Association and other similar pleas against the CERC’s order. Industry body Green Energy Association is planning to move the Supreme Court against the tribunal APTEL’s order which upheld power regulator CERC’s ruling reducing forbearance and floor price of renewable energy certificates (RECs) of solar and non-solar energy. The Green […]

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CleanChoice Energy Launches CleanChoice Community Solar

This new platform connects people to local community solar projects, allowing customers to sign-up in less than five minutes, and manages ongoing customer engagement with completely digital and fully online. Renewable energy company CleanChoice Energy has launched CleanChoice Community Solar. This new platform connects people to local community solar projects, allowing customers to sign-up in […]

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SA Signs Renewable Energy Deals with IPP

The signing of PPAs for the 27 mostly solar and wind projects were held up for more than two years under ousted President Jacob Zuma, who favoured a plan to build additional nuclear power plants. In the first major investment contract under President Cyril Ramaphosa, South Africa has signed the long-delayed renewable energy contracts worth […]

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Nextera Energy to Sell its Canadian Renewable Portfolio

An affiliate of NextEra Energy Resources will continue to operate all of the facilities included in the transaction under a 10-year services agreement with CPPIB. NextEra Energy Partners has signed a definitive pact with Canada Pension Plan Investment Board (CPPIB) for the sale of its wind and solar generation portfolio in Canada, for about USD 582.3 million. […]

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India Must Strengthen Grid Infra to Boost Renewable Energy: IRENA

IRENA Director-General Adnan Z Amin says the main constraint in India right now is the grid. There is a huge upsurge in investment,” he said of the renewable projects being implemented in the country. India must strengthen grid infrastructure to support its “strong push” towards renewable energy especially solar, said the head of the International […]

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Delhi Govt comes up with ‘Green Budget’ to Focus on EVs, Solar Energy

The AAP government presented a Rs 53,000 crore budget for 2018-19 fiscal, and is the first ‘Green budget’ of the government aimed at effective containment of pollution in the city. In a first, the budget presented by the AAP government in the Delhi Assembly has given thrust on “green” initiatives by laying emphasis on environment, […]

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Policy measures for promotion of new & renewable energy

Total capacity of 65 GW renewable energy installed in the country so far The Government of India has undertaken a number of policy measures for increasing share of renewable energy in India’s energy mix. These, inter-alia, include: a) Provision of Renewable Purchase Obligation (RPO) under the National Tariff Policy; b) Notification of the long term […]

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