SUBSCRIBE NEWS LETTER

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New Power Generation Capacity Could Be All Renewables only after 2023-24: TERI

“The cost of renewable electricity and its storage is on a steady decline and could stabilise at around Rs 5 per KWh. This would enable India to move decisively towards renewables for future generation. What this ,means is that India has a ten-year window where no new investments are likely to be done in coal, […]

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String Inverter Market size to cross USD 7 billion by 2024: Global Market Insights

India accounted for over 6% of 2015 Asia Pacific string inverter market share and should witness considerable growth on account of increasing clean fuel electricity demand said Global Market Insights Global Market Insights forecasts the string inverter market size to exceed $7bn by 2024. According to the research firm rising demand for continuous and reliable […]

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ReNew Power Raises $475 Million at Cheaper Cost

The green bonds yielded 6% at the close of subscription and have helped ReNew Power raise $475 Million. ReNew Power Ventures has raised $475 million by selling green bonds to overseas investors as the solar and wind energy producer plans to refinance debt. The bond yielded 6% at the close of subscription on Monday. The […]

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SECI Gets a Significant Boost to its Credit Rating

Solar Energy Corporation of India has attained a beneficiary position in a tripartite agreement between the Government of India, state governments and RBI. In a very pleasing development for renewable IPPs, Solar Energy Corporation of India (SECI) has been included as a beneficiary in a tripartite agreement between the Government of India, state governments and […]

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Budget 2017 Brings Lower Indirect Levies for Renewable Energy Equipment

FM proposes lower excise and customs duties on renewable energy equipment and materials used in solar cells/panels/modules Giving a boost to clean energy programme, Finance Minister Arun Jaitley has proposed massive cuts in excise and customs duties on materials used in solar and wind plants, and also announced the second phase of solar park development […]

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Gujarat DISCOMs Fail to Meet Purchase Target for Renewable Energy

GUVNL DISCOMs fails to meet purchase target of renewable energy sources. Gujarat Urja Vikas Nigam Ltd (GUVNL) affiliated four distribution companies (DISCOMs) fell short of purchasing required renewable energy in 2015-16 on account of low supply of power from wind and other renewable energy sources. Under the Renewable Purchase Obligation (RPO), a distribution company is […]

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Puducherry CM seems keen on Adoption of Innovative Renewable Energy Production Sources

Puducherry to adopt Innovative Renewable Energy to enhance saving of energy and green environment. Puducherry Chief Minister V.Narayanasamy has said that the territorial administration was keen on conservation of energy and also adoption of innovative renewable energy production sources such as solar energy so that a green environment could be achieved for the people’s advantage. […]

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