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renewables

Piramal Finance Introduces ‘Flexi Line of Credit’ for Renewable Energy, Sanctions an Additional Rs. 700cr to ACME Solar

Piramal Finance Limited (PFL) had first invested Rs. 499 Cr with ACME in July 2016, together with its partner APG. Piramal Enterprises, through its subsidiary Piramal Finance Limited (PFL), sanctioned an additional Rs.700Cr to ACME Solar Holdings Limited. The deal was made through Corporate Finance Group (“CFG”) of Piramal Finance Limited by introducing a new […]

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Philips Lighting secures renewable energy certificates in the Gulf region

Philips Lighting is the first major international company to secure its renewable energy consumption in the Gulf region using the pioneering International REC Standard. Philips Lighting has announced that it has purchased traceable renewable electricity from Dubai Electricity and Water Authority (DEWA’s) Mohammed bin Rashid Al Maktoum Solar Park in Dubai. The company has purchased […]

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Piyush Goyal launches POSOCO-IMD Weather Portal and Web Portal ‘MERIT’

The information available on the POSOCO-IMD Weather Portal regarding weather forecast shall help State Discoms to take pro-active steps regarding short term and medium term management processes and supply planning requirements and also for better planning for infrastructure availability to ensure cost effective and reliable supply. Power, Coal, New & Renewable Energy and Mines Minister […]

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Renewable Energy Will Be Reaching 49 percent in India by 2040: BNEF

“Wind and solar energy account for 48 percent of installed capacity and 34 percent of electricity generation world-wide by 2040. This is compared with just 12 percent and 5 percent today. Installed solar capacity increases 14-fold and wind capacity fourfold by 2040. We anticipate renewable energy reaching 74 percent penetration in Germany, 38 percent in […]

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Wind, Solar Power Could Overpower Political Winds: Deloitte Study

“Green energy no longer solely means environmental concerns, ‘green energy’ also means the dollars that can be saved by investing in wind, solar and other clean energy sources.” According to Deloitte’s annual “Resources 2017 Study – Energy Management: Sustainability & Progress” report the demand for renewable energy by consumers and businesses – along with a […]

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India’s installed renewable energy capacity crosses 57GW mark

India is staying true to its ambitious renewable energy targets by showing a steady growth in renewable energy installations in the country India is staying true to its ambitious renewable energy targets by showing a steady growth in renewable energy installations in the country, which as of April 2017 account for 17.5 percent of the […]

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