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renewable energy resource

Renewables Will Become Dominant Energy Source by 2050: Oliver Wyman

“Governments need to champion and commit to COP21 targets and organisations need to be bold and agile in order to achieve an energy system built mainly on renewables by 2050.” Oliver Wyman in its latest report notes that a global energy system based mainly on renewables can be achieved by 2050, but governments need to […]

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ISA countries support commissioning of a Study on CRMM for Solar Power Generation Projects in Solar Resource Rich Countries

The proposed CRMM will offer a simple and affordable tool that will create a secure environment for private institutional investment in solar assets. Argentina, Burkina-Faso, Chad, France, India, Ivory Coast, Mali, Namibia, Niger, Nigeria, Sénégal, Uganda and Yemen have jointly supported commissioning of a study to define and structure a Common Risk Mitigation Mechanism (CRMM) […]

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International Finance Corporation to Invest 40 Million Dollars in Tata Cleantech Capital to Promote Renewable Energy Projects

World Bank’s private-sector arm will use the money raised through green bonds to financing environment-friendly Renewable Energy Projects. International Finance Corporation is planning to invest up to $40 million in Tata Cleantech Capital Ltd’s (TCCL) green bond issue to help the company expand long-term environment-friendly infrastructure funding. The money raised through green bonds will be […]

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d.light Join Hands with Microfinance Institutions to Provide Solar Energy in Kenya

Low-income earners in Kenya can now access solar energy through d.light Partnership with Microfinance Institutions Off-grid solar solutions provider d.light has signed a new partnership with micro lender Musoni to enable low income consumers in Kenya to access solar energy at affordable prices. More than 47 million households in Africa and Asia have no electricity […]

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Maharashtra Solar Energy Policy

Maharashtra Solar Energy Policy Updates 2017 As per the new proposed changes by Maharashtra Electricity Regulatory Commission (MERC) in July 2017 the new regulations will be called the Maharashtra Electricity Regulatory Commission (Net Metering for Roof-top Solar Photo Voltaic Systems) (First Amendment) Regulations, 2017. Some of the highlights of the proposed changes are as follows: […]

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Uttar Pradesh Solar Energy Policy

Uttar Pradesh Solar Energy Policy Updates 2017 A target of 10,700 MW for solar power, including 4,300 MW from rooftop solar projects, by FY 2022 has been set by the Government of Uttar Pradesh mentioned in the ‘Draft Solar Power Policy-2017’ for Uttar Pradesh in June 2017. At the time of announcing the policy remains […]

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SMARTER SOLAR: How IoT is Revolutionizing Solar Energy Efficiency

Solar energy is at the forefront of the present-day renewable energy space, making use of the widely abundant and freely available energy of the sun. Globally, solar energy companies have experienced an ever-increasing growth rate. This has resulted in large-scale solar plants with numerous physical assets distributed in remote and wide-spread areas. With such a […]

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Half of India’s energy capacity will be from non-fossil fuel sources in 10 years

If India achieves its target to install 175 GW of renewable energy capacity by 2022 — as committed under the 2015 Paris Agreement — it will not need to install, at least until 2027, any more coal-fired capacity than the 50 GW currently under construction. Non-fossil fuels — renewables, nuclear and large hydroelectric power plants […]

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