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India’s Solar Outlook Revised to Stable, Wind Continues Negative Trend

India Ratings has maintained a negative outlook on India’s wind sector for 2HFY21, bur the solar sector outlook has been revised to stable from negative. India Ratings and Research (Ind-Ra) has maintained a negative outlook on India’s energy and transport infrastructure for the second half of FY2021, stemming from a likely low demand, driven by […]

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Restrictive Banking Provisions aren’t Helping Renewable Adoption in India

After restrictive net metering regulations and withdrawal of waivers for open access renewable projects, regulators are now restricting banking facilities. Banking is important as it provides renewable developers a mechanism to utilise their excess generation and avail financial benefits in some cases, states an analyst by JMK Research. In the last year, some renewable energy-rich […]

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HSBC ‘Green Deposit’ for Corporates

PRODUCT BRIEF: HSBC has launched its Green Deposit product in India for its corporate clients. The first-of-its-kind product for the Indian market, the Green Deposit will enable the bank’s clients to support greener more sustainable projects. PRODUCT FEATURES: The fixed tenure deposits through the product will go towards financing eligible businesses and projects that promote the […]

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Old King Coal is Dead – Long Live The King

Coal is the dominant source of energy in India because it’s locally available and has historically been quite cheap, more so because there hasn’t been aggressive regulation or taxation upon its externalities yet. However, future coal will look different than older coal because it will have to be more sustainable and also cost-effective. Renewable energy […]

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West Bengal Government Planning for Floating Solar Projects

The West Bengal government is planning to develop floating solar power projects in a big way as it does not require a large tract of land. The West Bengal government is planning to develop floating solar power projects in a big way as it does not require a large tract of land, a minister said on September 25, 2020. The government is exploring […]

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India Offers $100 Mn LOC to Sri Lanka for Three Solar Projects

India has offered a LOC worth USD 100 million to Sri Lanka for three solar projects in the country, according to an official statement. India has offered a Line of Credit (LOC) worth USD 100 million to Sri Lanka for three solar projects in the country, according to an official statement. India’s high commissioner to Sri Lanka Gopal Baglay had called on […]

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JSW Energy Wins 810 MW Blended Wind Capacity Under SECI Tender

JSW Energy has received LoA for a total blended wind capacity of 810 MW from SECI under its tender for setting up of 2500 MW wind projects (Tranche – IX). JSW Energy has announced that its 100 percent subsidiary JSW Solar has received a Letter of Award (LoA) for a total blended wind capacity of […]

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Policies for An Atmanirbhar Energy Sector

As India moves towards a new paradigm of ‘AtmaNirbhar’ Bharat, our energy security is a key component of this new resolve. The Prime Minister has already given pride of place to solar power, describing it as ‘sure, pure and secure’. But there is a lot more to our energy policy that requires a converted effort […]

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ISA Is Looking to Hire For Key Roles, with Joining ” As Soon As Possible”

The International Solar Alliance (ISA), which organised the First Word Solar Technology Summit early in September, seems to be moving on some big plans finally. The alliance website  has listed some interesting job openings with an October deadline to apply. These include a Director level role for Human Resources and Coordination, besides a Director-Technology and […]

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