SUBSCRIBE NEWS LETTER

renewable energy power

Key Policy Challenges To a Thriving C&I Market for Solar In India

The Solar Energy sector has emerged as a potential green technology to address climate change issues by reducing dependence on conventional fossil fuel-based energy. India has a target to install 100 GW of solar energy capacity with a commitment to increase the renewable sources-based energy capacity to 175 GW by 2022. Under this, 40 GW […]

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Trade-led Solar PV Deployment Likely to Create 40 M Jobs by 2050: Study

A new joint report by International Renewable Energy Association (IRENA) and World Trade Organisation (WTO) examines how trade policies can support cost reductions, deployment of components & job creation in the solar PV sector. The report entitled “Trading into a Bright Energy Future: The Case for Open, High-quality Solar Photovoltaic Markets” finds, among other things, that trade-led solar […]

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ACME Solar Raises $334 Million Through Offshore Green Bonds

India’s solar power developer ACME Solar has today announced raising USD 334 million through offshore green bonds. The investment has been raised for 12 of ACME’s solar projects in India, and it will be funded by U.S. dollar-denominated green bonds. These bonds have received the green certification from Climate Bonds Initiative. Also, they will be […]

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80% of EV Owners Not Put Off by Charging Hassles, Finds Survey

A recent survey conducted by Climate Trends and YouGov has found that while 80% of end users of electric vehicles do not find charging a hassle, for the remaining 20%, charging and infrastructure as the biggest barriers for adoption. Eye wateringly high fuel costs and better awareness of the pollution caused by them is probably […]

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NTPC REL Calls Bids to Launch Green Hydrogen Fuelling Station in Leh

National Thermal Power Corporation Renewable Energy Ltd (NTPC REL), NTPC’s wholly owned subsidiary, has invited a domestic tender to set up India’s first green hydrogen fuelling station in Leh, Ladakh. The sale of bid documents would commence from 31st July, 2021, the Ministry of Power has informed . The tender follows the recent tender floated […]

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Asia Held 92% Share in Global PV Module Production in 2020: Report

The recently published Photovoltaics Report, produced under Dr. Simon Philipps (Fraunhofer ISE) and Werner Warmuth (PSE Projects GmbH), explores key details about the photovoltaics manufacturing sector at the end of 2020 in Germany, the European Union and worldwide, including Asia. The Fraunhofer Institute for Solar Energy Systems ISE, supported by PSE Projects GmbH, has been […]

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C&I Rooftop to Add 1875 MW Solar Capacity in India in 2021: IEEFA, JMK

India’s commercial and industrial (C&I) segment in calendar year 2021 is estimated to grow by 47% on a year-over-year basis to add 1,875 MW of new capacity, shows a new report published by Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research. The report titled “Emerging technology trends in the C&I rooftop solar market in […]

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$150 Billion Green Deals in India by 2030

International investors expect $150 billion green deals in the Indian Renewables Energy sector by 2030. The money would be a function of both capacity additions in the market as well as trading between players. India’s renewables growth has been in the eyes of international investors and bankers and they are seeking green deals in the […]

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Auto Major Mahindra & Mahindra Sets Up 58 MWp Captive Solar Plant

Mumbai-headquartered auto major Mahindra & Mahindra Ltd. is adopting a 58 MWp captive solar plant that is expected to generate about 100 million units of power annually beginning 2022. Located in Parbhani district in the Marathwada region of Maharashtra, the solar plant will be built, owned, and operated for a period of 25 years by […]

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