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India-World Bank Ink $100 Million Loan Agreement For Clean Energy

The solar parks will be mostly under the Ministry of New and Renewable Energy’s (MNRE) Solar Park Scheme. In a significant development, India and the World Bank have signed a $100 million loan and a grant agreement to help the country increase power generation capacity through cleaner, renewable energy sources. In a statement the World […]

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China Aims To Install Record Amount Of Solar Power Capacity

China has left Germany behind having most installed photovoltaic power capacity in 2015. China, being the world’s largest carbon emitter, now aims to be the biggest installer of solar power capacity with record numbers pushing the researchers to add almost 80 percent more capacity to stipulated one. The amount of additional capacity of 30GW of […]

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Solar Companies Expect Easier Financing For Projects

Moody’s upgrade of India to a solid investment grade level is a positive move in the renewable energy sector but regulatory hurdles could be a challenge. India’s massive effort towards renewable energy projects will gain from easier finance for investments following the upgrade of the country’s sovereign rating by Moody’s, according to the industry leaders. […]

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Climate Talks: India Scores Diplomatic Victory As China Announces Plan to Join International Solar Alliance

China’s decision to join the global solar alliance of 121 solar resource rich countries is seen as India’s significant victory as the former has become the most dominant player of renewable energy. In a significant development, China has announced its intention to join the India-led International Solar Alliance (ISA) at the UN-sponsored climate change conference […]

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Waaree Recognised For Installing Solar Panels at Andheri-Ghatkopar Metro Station

The project is installed on roofs 12 metro stations across Mumbai, will generate 3.2 million units per year. D&B award recognizes Waaree’s Solar Rooftop RESCO PV project solution to Mumbai Metro One Private Ltd (MMOPL). Dr. Hitesh C Doshi, CMD Waaree Group was felicitated by Nitin Gadkari, Union Ministry of Road Transport & Highways. The […]

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IL&FS Tie-up With Ecamion To Explore Energy Storage Business

IL&FS and Ecamion will explore entering the energy storage business, with an eye on the electric vehicle opportunity Infrastructure Leasing and Financial Services (IL&FS) Ltd has joined hands with Canadian clean technology company Ecamion Inc. to explore entering the energy storage business, with an eye on the electric vehicle opportunity, said a senior ILF&S official. […]

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China, Ukraine Agree to Deepen Cooperation in Clean Energy

Ukraine which relies heavily on imported energy and sees a huge potential in its renewable energy cooperation with China. China and Ukraine have agreed to increase their cooperation in renewable energy, the Ukrainian government said. Both the countries reached the agreement during the plenary meeting of the Chinese-Ukrainian Subcommittee on Trade and Economic Cooperation in […]

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Agra Railway Station to Generate Electricity Using Solar Power

Agra Railway Station division is likely to save Rs 5 lakh and 60,000 kilovolt electricity annually with this initiative. In the railway ministry’s continuing bid to go solar, the railway division here is installing a 375 kW solar power plant consisting of 1,191 rooftop panels at the Agra cantonment railway station. After Allahabad and Kanpur […]

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India-France Cooperation a ‘Partnership for Planet’: Foreign Minister Le Drian

This is very positive and will enable us to further enhance the attractiveness of this international organization, which will have a crucial role to play in helping developing countries gain access to sustainable energy at lower costs. Describing the Indo-French cooperation as a “partnership for the planet”, French Foreign Minister Jean-Yves Le Drian that the […]

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