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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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VINCI Energies Wins the Contract to Build Eight Solar PV Plants in Senegal

The full set of solar PV plants will generate enough power to cover the annual needs of 140,000 people and will avoid atmospheric CO2 emissions amounting to 18,919 tonnes per year, equivalent to the emissions of a car driven 135 million kilometres. VINCI Energies, via its brand dedicated to energy transition – Omexom, has been […]

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Intersolar Exhibition 2017 to be held from December 5 to December 7

Approx. 260 domestic and foreign exhibitors are showcasing their latest products and solutions. The Intersolar exhibition will witness over 100 industry experts from Indian and global solar and energy storage industries and policymakers along with over 500 delegates between December 5 to December 7, 2017 at the Bombay Exhibition Centre (BEC) Mumbai, India. Intersolar India […]

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International Solar Alliance Energizing Future

India’s brainchild, the International Solar Alliance celebrated its inception this November, and looks ahead to become a legal entity on 6th December 2017. An Indian initiative to forge a global coalition to harness solar energy, International Solar Alliance was launched at the CoP21 Climate Conference by Prime Minister Narendra Modi and the then French President Francois […]

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India Committed to 175 GW Clean Energy Target: MNRE

India is committed to its renewable energy target of having 175 GW capacity by 2022 to provide equitable sustainable development Ministry of New and Renewable Energy (MNRE), Government of India, in partnership with the Confederation of Indian Industry (CII), organized a panel discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW renewables by […]

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ADFD & IRENA Started Accepting Applications For Funding Opportunities For Renewable Energy Projects

The Facility allocated US$189 million to 19 renewable energy ventures across the globe, covering up to 50 per cent of the project costs. The International Renewable Energy Agency (IRENA), in partnership with the Abu Dhabi Fund for Development (ADFD), is inviting applications for renewable energy projects in developing countries. Within the framework of the ADFD-funded […]

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International Solar Alliance to Become a treaty-based Legal Entity on December 6

44 countries have already signed the ISA treaty, and many more are set to join. International Solar Alliance (ISA), the India-headquartered grouping of 121 nations for promotion of solar energy, will become a treaty-based international intergovernmental organization on December 6 this year, according to Interim Director-General, Upendra Tripathy. Speaking at a curtain raiser for the […]

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Curtain Raiser Event held for the Founding Ceremony of International Solar Alliance in Bonn, Germany

A Curtain Raiser Event for the Founding Ceremony of the International Solar Alliance (ISA) was held at Bonn, Germany yesterday. Speaking at the event, Shri Anand Kumar, Secretary, Ministry of New and Renewable Energy, Government of India hoped that, in the spirit of affirmative action, developed countries will earmark a percentage of Overseas Development Assistance […]

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Solar Energy Insurance for Utility Scale Projects

With each step towards achieving 100GW solar power goal by 2022, the momentous development of solar insurance and reinsurance market in India could not come at a better time. When it comes to new and innovative financing models, growing number of large-scale solar PV power plants and reduction in the feed-in tariff has spurred the […]

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