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renewable energy investment

Govt. upbeats Solar Power Generation to 48GW by 2019

Eyeing the indigenous growing solar reputation, the government is aiming to extend the solar power generation capacity to 48GW by early 2019, giving an early deed to the promising 100 GW National Solar Mission chalked by 2022. Latest projections from The Ministry of New and Renewable Energy (MNRE), has benchmarked a target generating 48GW grid […]

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Intersolar India joins forces with HUSUM Wind

HUSUM Wind has announced entering into strategic partnership with Intersolar. From October 19 to 21, 2016, the renowned exhibition for wind energy will be represented with a special area at India’s largest exhibition where around 230 exhibitors and over 11,000 visitors are expected to attend and conference for the solar industry in Mumbai. Intersolar in […]

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Haryana Government to make installation of solar power plants mandatory

Haryana Government has decided to make installation of solar power plants mandatory for housing societies, industries and other specified categories of buildings. Haryana Principal Secretary, Renewable Energy, Ankur Gupta said notification has been issued in this regard to promote green and clean power and set a high trajectory for solar power generation in the State. […]

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USAID, ADB signs MoU to develop solar parks across India

The US Agency for International Development (USAID) and Asian Development Bank has signed Memorandum of Understanding (MoU) on Monday for providing Rs 5,681 crore ($848 million) in funding to develop solar parks across India. Under the MoU USAID will align the technical resources of two of its programs to support ADB’s investments in the development […]

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American financial institution to allocate $421 million to India for solar, internet projects

American financial institution to allocate $421 million to India for its solar and broadband projects reports PTI.  It will enable the country to become a low carbon economy and expand the internet infrastructure. Last week US Government’s development finance institution, Overseas Private Investment Corporation (OPIC), sanctioned $250million to subsidiaries of ReNew Power Ventures Private Limited […]

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India’s Solar Initiative seems already Sunny

India is a home for around 300 million people living with sporadic electricity and also a country which receives the most amount of sunlight in a year. Hence it is said that the solar energy available in the country surpasses the possible energy output of all fossil fuels energy reserves. Solar is the only viable […]

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More than 99 million homes across the world to run on Solar by 2020: Report

By the year 2020 more than 99 million households across the world will be powered by solar panels claims a report. A London-based research company in a report stated that off-grid solar market has witnessed USD 276 million investments in 2015, a 15-fold increase since 2012. The report also says that there is USD 3.1 […]

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Global Solar PV Pipeline well Crosses the 200 GW Mark

With an undeniable stir in United States solar investment tax credit (ITC) proposed last year, the global solar photovoltaic pipeline is now reported to surpass 200 gigawatts (GW). At a combined capacity of 110 GW, projects in the U.S., China and Brazil make up half of the current PV pipeline, according to IHS. The biggest […]

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The Red Lake Nation Turns Solar Starts with 15 MW of Installation

The Red Lake Nation tribal leaders announces of getting into the solar business. Claimed as one of the largest solar projects planned in northern Minnesota, the plan is to install 15 megawatts of solar panels across the rooftops of their largest buildings. With this accomplishment, the vicinity can illuminate every bulb in the tribe’s three […]

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