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renewable power in India

Shakti Pumps Buoyant on Govt’s Scheme for Solar Irrigation Pumps

As per the government sources, the project envisages implementation of overall 2.75 lakh agricultural pumps for FY 2019-20, the company added. One of the leading water pumps and motors makers Shakti Pumps India Ltd is quiet optimistic about the government’s mega scheme called Kisan Urja Suraksha Evam Utthan Mahabhiyan (KUSUM), for boosting use of solar-powered […]

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ADB, Partners to Increase Access to Clean Energy in Tonga

ADB, Government of Tonga and other development partners have announced the beginning of construction on the country’s first off-grid solar power plant The Asian Development Bank (ADB) joined the Government of Tonga and other development partners to announce the beginning of construction on the country’s first off-grid solar power plant and distribution network for Tonga’s most […]

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Avaada Energy to Implement 2 GW Open Access Solar Plants

This renewable arm of Avaada Group has already commissioned more than 1.8 GW of renewable assets in the solar and wind space. Vineet Mittal-promoted Avaada Energy is in the process of implementing 2 GW of open access solar plants in five states i.e. Maharashtra, Tamil Nadu, Haryana, Karnataka and Orissa. This renewable arm of Avaada […]

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Top 10 Turbine OEMs to Spend €2.3 bn on R&D by 2023

A new report has revealed that the R&D expenses among the world’s top ten wind turbine OEMs is expected to increase to € 2.3 billion by 2023. A new report has revealed that the research and development (R&D) expenses among the world’s top ten wind turbine original equipment manufacturers (OEMs) is expected to increase to […]

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Usha Shriram Expands Footprint in Solar with On-Grid Inverters

Through the launch of its Eurolex Smart On-Grid Inverters, the company is ready to disrupt the market. Expanding its product portfolio in solar space, Usha Shriram, a multi-product company, has launched a unique range of smart on-grid inverters under the brand ‘Eurolex’. Through the launch of its Eurolex Smart On-Grid Inverters, the company is ready […]

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MNRE Invites Proposals for Testing Hydrogen Fuel Buses in NCR

MNRE has invited preliminary project proposals for pilot demonstration of 4 hydrogen fuel cell powered buses in the Delhi-NCR region. The Ministry of New and Renewable Energy (MNRE) has been supporting R&D and demonstration projects in hydrogen and fuel cells area, this includes several projects for development and demonstration of hydrogen fuelled vehicles. A pilot […]

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CEA Predicts 6-Fold Increase in RE Capacity by 2029-30

The Central Electricity Authority predicted the rise in renewable energy capacity but said coal will still lead in power generation The Central Electricity Authority (CEA), India’s power-planning body, in a report said that India’s renewable energy capacity will sprint ahead and multiply almost six-fold in the next decade, while the share of coal-fired plants in […]

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IFC Lends $35 mn to Promote Green Projects in Costa Rica

IFC has signed a loan of US$ 35 million to incentivise the issuance of a green bond by Davivienda Costa Rica, the third largest private bank in Costa Rica The International Finance Corporation (IFC), a member of the World Bank Group, has signed a loan of US$ 35 million to support and incentivise the issuance […]

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MNRE Issues Guidelines for Implementation of KUSUM Scheme

MNRE has issued guidelines for the implementation of the Rs 34,422 crore KUSUM Scheme The Ministry of New and Renewable Energy (MNRE) has issued guidelines for the implementation of the Rs 34,422 crore Pradhan Mantri Kisan Urja Suraksha evam Uthan Mahabhiyan (KUSUM) Scheme, that aims to provide both financial security and more sustainable water access […]

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