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renewable energy source

India reaffirms its commitment to renewable energy

“We are looking at expanding renewable energy very rapidly. Solar, wind, hydro, biomass – all forms of energy which can reduce the carbon footprint and help us leave a better planet for the next generation – are receiving unprecedented attention in India” India on Thursday reaffirmed its commitment to renewable energy with the promise to […]

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India’s Energy Transformation from Fossil Fuel to Renewables is Gaining Rapid Momentum: Experts

“Measures taken by the Indian government to improve energy efficiency coupled with ambitious renewable energy targets and the plummeting cost of solar has had an impact on existing as well as proposed coal fired power plants, rendering an increasing number as financially unviable,” India’s decision to cancel nearly 14 gigawatts of coal-fired power stations coupled […]

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Cabinet Approves Raising of Bonds of Rs. 2360 crores for Renewable Energy

MNRE will raise the bonds through the Indian Renewable Energy Development Agency, and the funds will be used for approved programmes/schemes for solar park, green energy corridor, generation-based incentives and more. The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to Raising of Bonds of Rs. 2360 crores for […]

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Renewable Energy Employs 9.8 Million People Worldwide: IRENA

“Falling costs and enabling policies have steadily driven up investment and employment in renewable energy worldwide since IRENA’s first annual assessment in 2012, when just over seven million people were working in the sector.” According to a new report from the International Renewable Energy Agency (IRENA) more than 9.8 million people were employed in the […]

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Poverty elimination cannot be ensured in Africa without ensuring energy

Shri Piyush Goyal launches 3rd ISA programme on ‘Scalling Up Minigrids and Microgrids’ in the annual meeting of African development bank today Union Minister of State for New & Renewable Energy, Power, Coal and Mines Shri Piyush Goyal launched 3rd International Solar Alliance programme on ‘Scalling Up Minigrids and Microgrids’ at the annual meeting of […]

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Failure by States to Pay for Renewable Power May Trip Green Energy Target by 2022

Renewable purchase obligation (RPO) refers to the mandate imposed by law on some entities, mainly power distribution companies, to procure a certain part of their power requirement from renewable sources. States are lagging behind in meeting their renewable purchase obligation target which is a key policy instrument to meet the goal of installing 175 gigawatt […]

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