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Companies Spend Just 6 Percent of CSR Fund on Clean Energy: Report

Key findings of the report showcase that while Corporate Social Responsibility (CSR) programmes in education, sanitation or skills and livelihood have seen a dramatic increase, while it remain low for clean energy and energy access. A report released by Samhita Social Ventures showcases that Indian companies are spending a mere 6 percent of their CSR […]

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EESL Organises Global Event INSPIRE 2017 on Energy Efficiency in Jaipur

INSPIRE 2017 is a global conference which aims to bring various stakeholders such as policy makers, innovators, financiers, influencers to showcase best practices in the sector. Energy Efficiency Services Limited (EESL) in alliance with the World Bank and Alliance for an Energy Efficient Economy (AEEE) organised the first edition of the International symposium to promote […]

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Investments in Renewable Energy Sector Could Hit $11T By 2040

India and China lead the development in renewable energy investments, accounting for almost 50 percent of new global capacity. Investments in renewable energy (RE) could climb to a cumulative $11 trillion by 2040, mostly in emerging markets, according to a study by the International Finance Corporation, a member of the World Bank Group. Major reforms […]

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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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MNRE organises panel discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW Renewables by 2022’ at CoP 23, Bonn, Germany

India committed to its Renewable Energy Targets to provide Equitable Sustainable Development The Ministry of New and Renewable Energy (MNRE), Government of India, in partnership with the Confederation of Indian Industry (CII), organised a panel discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW renewables by 2022’ on 16th November 2017 at the […]

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Efforts to Address Climate through Clean Energy Lag in Emerging Markets

Two years post-Paris, Climatescope research from Bloomberg New Energy Finance highlights slowing investment from OECD countries and limited policy-making follow-through in non-OECD nations. Two years since the signing of the Paris climate agreement and eight years after Copenhagen, countries on both sides of the rich-poor divide are falling short on promises made to address climate […]

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Investonomics on Indian Sun is Hot!

Today, solar power is not merely a power demand catalyst rather this sector preaches colossal economics in the world affairs. Clouds around solar sector have dynamically revolved as murmurs of its transient nature of solar power are eluded. Solar and wind projects in the country would attract USD 20 billion investment each year from next […]

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How ‘SAUBHAGYA’ is ‘UDAY’, T&D PONDERS?

The demand for power is relentless. With technological advancements, mankind is now consuming more power to aggrandize their lifestyle. Many energy experts reckon initiatives like ‘Power for All’, ‘Digital India’ and ‘Smart Cities’ shall be reigned through only increasing and distributing reliable power needs. There has been a prolong discussion on the reliability, security and […]

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PERSPECTIVE

The government of India has set an ambitious target of 175 GW of renewable power installed capacity by the end of 2022, of which 58 GW has been installed so far. The Indian solar market added 1,869 MW in the second quarter of 2017, bringing installations in the first half of the year to 4,765 […]

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