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renewable power in India

IOCL Signs MoU With IISc to Develop Hydrogen Generation Tech

IOCL has signed an MoU with IISc Bangalore to develop and demonstrate biomass gasification-based hydrogen generation technology. The Indian Oil Corporation (IOCL), the largest fuel retailer in India, has announced that it has signed a Memorandum of Understanding (MoU) with the Indian Institute of Science, Bangalore (IISc) to develop and demonstrate biomass gasification-based hydrogen generation […]

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MCX, IEX Sign Licensing Agreement to Launch Electricity Derivatives

The Multi-Commodity Exchange of India (MCX) has entered into a licensing agreement with Indian Energy Exchange (IEX) to launch Electricity derivatives. The Multi-Commodity Exchange of India (MCX) has said it has entered into a licensing agreement with Indian Energy Exchange (IEX) to launch Electricity derivatives. The derivatives will be linked to IEX spot electricity prices […]

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Avaada Energy Receives $10 Mn in Funding From KfW Subsidiary

Avaada Energy, one of the leading green energy companies in India, has received USD 10 million in funding from DEG, a subsidiary of the KfW Group. Avaada Energy, one of the leading green energy and renewable energy companies in India, has received USD 10 million in funding from development finance institution Deutsche Investitions- und Entwicklungsgesellschaft (DEG), […]

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Infosys is Carbon Neutral 30 Years Ahead of Target, Announces ESG Vision for 2030

Infosys, as a part of its ongoing Environmental, Social and Governance efforts, it is now carbon neutral in compliance with PAS 2060 standards. Infosys, one of India’s leading software services firm, has announced that as a part of its ongoing Environmental, Social and Governance (ESG) efforts, including leveraging renewables, orchestrating energy efficiencies and driving unique […]

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Cost Reduction in Storage is Key for the Next Level of Solar Growth: Pradeep Chauhan

Pradeep Chauhan, Country Manager, Indian Subcontinent for Solarpack Corporacion Tecnologica, SA, the Spanish solar firm making waves finds himself in focus, after his firm made a record low bid of Rs 2.36 to win a 300 MW share at a SECI Auction this year. Solarpack, which has been bidding, and growing aggressively in multiple markets, […]

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Pledges to Be Carbon Neutral by Japan, South Korea To Ensure Solar Growth

The story in India might be depressing, with installations likely to hit a 4 year low this year after the peak of 2017, but the bigger picture for solar remains bright. That is because in the economies that can truly swing the balance, solar remains key to achieving key emission and carbon neutrality goals. Joining […]

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Exemption for BIS Registration for Smaller PV Module Manufacturers Extended

MNRE has extended the BIS certification exemption for small scale solar PV module manufacturers till they have valid IEC certificates for their products The Ministry of New and Renewable Energy (MNRE) has issued in a gazette notification that it has extended the BIS certification exemption for small scale solar PV module manufacturers (annual production capacity […]

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883 MW of Rooftop Solar Capacity Added in First 9 Months of 2020

As per the data released by the MNRE for the period starting January 2020 till September 2020, about 883 MW of rooftop solar was added in India. As per the data released by the Ministry of New and Renewable Energy (MNRE) for the period starting January 2020 till Sep 2020, about 2320 MW of solar […]

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APAC’s RE Capacity to Grow to 815 GW in 2025, led by Solar: Report

The installed capacity of RE in the Asia-Pacific region is set for a major boost in the next five years, reaching 815 GW in 2025 from 517 GW this year The installed capacity of renewable energy (RE) in the Asia-Pacific (APAC) region is set for a major boost in the next five years, to 815 […]

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