SUBSCRIBE NEWS LETTER

renewable power in India

Modi Confident India Will Surpass Renewable Energy Target for 2022

PM Modi is confident that India will increase and surpass its renewable energy target for 2022, going beyond 175 GW to reach 220 GW capacity by 2022. On behalf of hon’ble @PMOIndia, H.E. Shri @RajKSinghIndia , President of the ISA Assembly, Minister of Power, New & RE & Skill Development reads out the Prime Minister […]

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Revised Priority Sector Lending Guidelines by RBI a Boost for Renewables

RBI has issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas, a boost for the renewables sector. The Reserve Bank of India (RBI) has issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas and increase lending to small and marginal farmers […]

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WiseEnergy Signs 550 MW Asset Management Contract in India With Actis

WiseEnergy has formed a partnership in India with Actis to provide comprehensive asset management services for its 550 MWp (400 MW AC) solar portfolio. Solar asset management firm WiseEnergy has announced that it has formed a partnership in India with Actis, one of the largest investors in renewable energy growth markets. The firm has signed […]

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Azelio Signs MoU With Atria Power for 65 MW Storage in India

Swedish energy storage firm Azelio has signed an MoU with Atria Power to collaborate on installing 65 MW capacity of energy storage capacity in India by 2025 Swedish energy storage company Azelio and India’s Atria Power have signed a Memorandum of Understanding (MoU) to collaborate on installing over 65 MW capacity of Azelio’s energy storage […]

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Tata Power to Commission India’s Largest Solar Carport for Tata Motors in Pune

Tata Power has signed a PPA with Tata Motors to commission what will become India’s largest solar carport with 6.2 MWp capacity in Pune. Tata Power, India’s largest integrated power utility has announced reaching a new milestone by signing a Power Purchase Agreement (PPA) with Tata Motors to commission India’s largest solar carport. With 6.2 […]

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Western Railway Claims to have Saved Rs 3 Crore Thanks to Solar Power

The Western Railway claims that it has saved a substantial Rs 3 crore on its power bills by successfully exploiting solar energy at 75 of its stations. The Western Railway (WR) has come out with the claim that it has saved a substantial Rs 3 crore on its power bills by successfully exploiting solar energy […]

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RattanIndia Sells Solar Assets Worth 306 MW to GIP for Rs 1670 Crore

The RattanIndia Group has sold its solar plants and assets with a combined capacity of 306 MW to GIP for around Rs 1,670 crore. The RattanIndia Group has announced that it has sold its solar plants and assets with a combined capacity of 306 MW to Global Infrastructure Partners (GIP) for around Rs 1,670 crore. The group has […]

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RK Singh Launches GTAM; Will Benefit Buyers of Renewable Energy

As a first step towards greening the Indian short term power market, RK Singh has launched pan-India Green Term Ahead Market (GTAM) in electricity. As a first step towards greening the Indian short term power market, Union Minister of State (IC) Power and New & Renewable Energy, RK Singh has launched pan-India Green Term Ahead […]

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Solar by far the Leading Power Generating Tech Installed in 2019: BNEF

A new report has revealed that solar PV dominated as the main new power-generating technology source added to grids around the world in 2019. A new report has revealed that solar photovoltaics (PV) dominated as the main new power-generating technology source added to grids in dozens of countries ranging from Australia, to India, Italy, Namibia, […]

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