SUBSCRIBE NEWS LETTER

renewable energy investment

Financing Indian Sun

After out-passing teething troubles related to GST implementation, India firmly cements it’s place as the fastest growing major economy in the world by clocking GDP growth rate of 7.7 per cent during the January to March quarter of FY 18. India, being the Asia’s third-largest economy, clinched this position after surpassing China’s 6.8 per cent […]

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India Offers $75 Mn Credit Support for 100 MW Solar Project in Cuba

During talks, both countries agreed to enhance cooperation in the fields of renewable energy, biotechnology, traditional medicine and trade and investment. During the third leg of Indian President Ram Nath Kovind’s three nations tour, India offered a USD 75 million credit support to Cuba for a 100 MW solar power project. The President’s Secretariat said […]

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Viz-A-Viz with Basant Jain, Chief Executive Officer, Mahindra Susten

Q. Being a major player in the solar space, how do you contribute towards India’s clean and green energy initiative? Mahindra Susten (Part of USD 20.7 Billion Mahindra group) is a leading player in the Cleantech space. It is amongst India’s top 2 companies providing turnkey EPC solutions for grid connected solar projects and has […]

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Jinkosolar Supplies High Efficiency Solar Modules to Green Light Contractors

These modules will be used in the Bungala Solar Farm near Port Augusta, South Australia, which is owned by a joint venture between Enel Green Power and Dutch Infrastructure Fund. One of the leading PV modules supplier JinkoSolar Holding has supplied 275.4 MWdc high efficiency modules to Green Light Contractors. These modules will be used in the Bungala […]

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Solar-Wind Hybrid Power Policy Announced for Gujarat

The policy describes that any developer can set up a solar unit on the land meant for a wing power unit and vice versa. It allows the establishment of wind-solar units that are hybrid in nature. In order to enhance the generation of renewable energy in the state, a new wind-solar hybrid power policy was […]

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India Extends $20 Mn Concessional Financing for Solar Project in Suriname

In addition, India will extend a line of credit of USD 27.5 million to support a power transmission project in Pikin Saron area, says President Kovind. In a move to provide clean energy to a cluster of 49 villages, President of India Ram Nath Kovind said that India will extend concessional financing of USD 20 million […]

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Indian Railways to Become Net Zero Carbon Emitter by 2030: Goyal

The Minister was speaking in an event organized by the Confederation of Indian Industry (CII) in collaboration with the Railway Board. Citing the transformation in the country, Railway Minister, Piyush Goyal said, by the year 2030 the Indian railways will become a net zero carbon emitter. The Minister was speaking in an event organized by […]

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World to Get 50% Electricity from Wind and Solar by 2050, says BNEF Report

“We see $548 billion being invested in battery capacity by 2050, two thirds of that at the grid level and one third installed behind-the-meter by households and businesses,” said Seb Henbest, Head of Europe, Middle East and Africa for BNEF and lead author of NEO 2018. The world will generate half of the power generation […]

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Possibility of Making India the Storage Manufacturing Hub (LI-ion Battery)

As the world is advancing in shifting from fossil based energy to renewable energy India too is aspiring for the same. To match the pace, India would however need a strong and sustainable energy storage industry. Right from the electric vehicles to grid applications and telecom sector to solar storage, some of the major energy […]

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