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solar policy

MoU Signed Between Banks and BEE for Power Efficiency Projects

APSECM will enter into an MoU with the BEE for facilitating the financing of energy-efficiency projects in the state under PRGFEE scheme. Andhra Energy Secretary Srikant Nagulapalli said that the committee of financial institutions, empanelled by AP State Energy Conservation Mission (APSECM), will enter into a memorandum of understanding (MoU) with the Bureau of Energy Efficiency (BEE) for […]

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Fitch Ratings Bumps Up IREDA Credit Ratings

Global ratings agency, Fitch Ratings has upgraded Indian Renewable Energy Development Agency Limited ‘s (IREDA) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) and long-term senior unsecured rating to ‘BBB-‘ from ‘BB+’. The Outlook is Negative. At the same time, Fitch has upgraded the Short-Term IDR and the short-term senior unsecured rating to ‘F3’ from […]

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IESA & UNIDO Partner to Promote Innovations in Energy Storage in India

IESA has partnered with UNIDO for FLCTD Innovation Challenge for technology innovation in beta deployment of energy storage in India India Energy Storage Alliance (IESA) has announced that it has partnered with the United Nations Industrial Development Organization (UNIDO) for “Facility of Low Carbon Deployment” (FLCTD) Innovation Challenge for technology innovation in the beta deployment […]

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Can China Become ‘Carbon Neutral’ by 2060?

Imagine China, the world’s top emitter of carbon emissions, which in 2019 released nearly double the emissions of the US which has barely any coal power plants. Now imagine it with zero gasoline-powered cars, and with more than four times the 1,200 gigawatts of solar and wind power capacity installed across the world today. This […]

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India Drops to 2nd, Chile Takes No.1 on Climatescope Emerging Markets Ranking

India dropped back down to 2nd position, as Chile regained the top spot back in the latest Climatescope survey ranking by BNEF India, after topping BNEF’s Climatescope Emerging Markets Ranking in 2019, has dropped back down to second position in the latest Climatescope survey released by BNEF. Chile, which was ranked 2nd in last year’s […]

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COVID-19 Surge Leaves 446,000 US Clean Energy Workers Unemployed: Report

As COVID-19 cases surged in the US, fewer than 8,000 jobs were added by US clean energy businesses in November, leaving more than 446,000 unemployed Clean energy companies added the fewest number of jobs in November since unemployment peaked in May, as COVID-19 cases and shutdowns in the US surged to their highest levels since […]

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Andhra Pradesh Govt Discusses EV Plans With Niti Ayog

Andhra Pradesh has become the latest state to come out with an EV policy that seeks much more than more EV’s on the road by 2024.  The state’s new EV policy hopes to attract an investment of Rs 30,000 crore and create 60,000 jobs in electric vehicles (EVs) manufacturing. All this, while getting a million […]

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NextEra in the US, Adani Green In India, More Similar Than They Seem

One is the market cap leader among renewable firms in India, and going by its project pipeline, a potential global leader. The other is the world’s largest solar and wind energy firm owned by investors, poised to enter the next big opportunity in electric mobility too. The renewable energy boom, when it comes in, surprised […]

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Roadmap Launched for Future Deployment of Energy Storage Technology

The role of energy storage and the part it will play in helping the UK reach its net-zero targets by 2050 has been set out in a roadmap The role of energy storage and the part it will play in helping the UK reach its net-zero targets on carbon emissions by 2050 has been set […]

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