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renewable energy investment

Solar Energy Prime for Green India – MNRE nudge Eminent Initiatives

In the financial plan of 2015, Govt of India aims to swell 175GW of renewable energy, including a pragmatic extension of 100GW of renewable energy by 2022 said Shri Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable Energy during a questionnaire session in the Lok Sabha. The minister also cites […]

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Is Alternative Energy the “Game Changer” for India – A look back!

The energy of the sun and the rays produced are significantly essential for life. Now that’s elementary, what about transforming sunlight into electricity power by directly using the photovoltaic (PV) process or indirectly using the concentrated solar power (CSP) process? Today, these types of energy process from sunlight have immaculate applications and benefits for the […]

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2023: Onshore Wind Struggles With Permits, Grid Issues: Report

According to a recent report by energy research body– BloombergNEF (BNEF), the global transition towards clean electricity has reached new milestones, with wind and solar contributing 13.9% which is reported to reach a new record high. Additionally, a pair of new reports and findings from two reports published by BNEF: Power Transition Trends 2024, and […]

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What The Green Industries Said About Budget 2024?

Hours after Finance Minister Nirmala Sitharaman announced the Union Budget 2024, the industry leaders also reacted to the budget announcements. Many of them talked about the benefits and challenges of the industry in the light of the announcements. The minister, in her budget speech talked about imposing Customs Duty on solar glass imports and include […]

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Solar and Wind_Senior Electrical Engineer

This role focuses on providing support to engineers in designing solutions, products, machines, systems or structures, respecting time, budget, and quality requirements. Responsibilities will be mainly to assess the renewable energy investment (solar, wind, hybrid etc.) – technically and commercially and provide required technical guidance that will enable the companies to take strategic decisions. Key […]

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Moody’s Report Calls For Sustainable Financing To Shift Towards RE In India

Moody, a financial service company, in its recent report, found a growing challenge faced by the renewable energy sector due to water scarcity in India. The report advocated for a shift towards renewable energy investments to mitigate these risks. Moody’s report cautions against a decrease in the per capita water due to its increased usage […]

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IREDA Incorporates Subsidiary In GIFT City, Gujarat

Indian Renewable Energy Development Agency Ltd. (IREDA) has incorporated a wholly owned subsidiary in the International Financial Services Centre (IFSC) located in GIFT City, Gujarat. Named “IREDA Global Green Energy Finance IFSC Limited,” the subsidiary was officially incorporated on 7th May 2024, after receiving the No Objection letter from the Reserve Bank of India on […]

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Amazon’s Portfolio Can Power 7.2 million US Homes Each Year: Report

Amazon, a corporate company in the United States (US) invested in more than 100 new solar and wind energy projects in 2023, becoming the one of the corporate purchasers of renewable energy for the fourth year in a row. Amazon claims these investments include the company’s first brownfield project—which will repurpose a previously polluted Maryland […]

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Solar Emerges As Primary Choice For Domestic Funding Of NDC Targets: IRENA

A latest International Renewable Energy Association (IRENA) report shared the status of the renewable energy target in the Nationally Determined Contribution (NDC) until October 2023 and talked about the role of solar in this. It found that 148 parties have set quantifiable renewable energy targets for tripling renewable energy power by 2030. In this, 113 […]

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