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Renewables Supply 75% of Electricity in India by 2050: BNEF Report

“By 2050, renewables supply 87 percent of electricity in Europe, 55 percent in the US, 62 percent in China and 75 percent in India.” The Bloomberg New Energy Finance (BNEF) in its latest New Energy Outlook 2018 (NEO) has forecasted that the renewable energy supply will account of 75 percent of electricity in India by […]

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Parrikar Held Meeting with Goa Power Dept. Over Solar Policy Implementation

For the generation of grid-connected solar power a power purchase agreement has to be signed between consumers and the electricity department. In order to streamline the implementations of a solar policy in Goa, Chief Minister Manohar Parrikar held a meeting with officials of the electricity department and Goa Energy Development Agency (GEDA). Manohar Parrikar was instrumental in […]

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Tata Power Renewable Energy Commissions 100 MW Solar Project in AP

We plan to add around 1,000 Mw renewable energy capacity to our portfolio every year, scaling it to 45-50 percent in the next five years, largely through organic growth India’s largest power integration company, Tata Power Renewable Energy Ltd (TPREL) announced it has commissioned a 100 MW solar power plant at Anthapuramu Solar Park in […]

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Viz-A-Viz with Praveer Sinha CEO and MD, Tata Power Company Ltd

Q. As in recent quarters Tata Power’s renewable portfolio proved to be a boon for the financial health of the company. How do you see the future of the company’s renewable segment in the country in coming years? As Tata Power aims to achieve up to 40% of its generation capacity from non-fossil fuel by […]

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Solar Boom – A Fantastic Fillip for India!

India’s solar boom proved to be a game changer for the country’s renewable growth trajectory, as the sector witnesses’ sharp momentum during the past four years under the leadership of Prime Minister Narendra Modi. In 2014, when he took PM’s chair, India had about 2.63 GW of solar energy capacity, which now surged to nearly […]

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Financing Indian Sun

After out-passing teething troubles related to GST implementation, India firmly cements it’s place as the fastest growing major economy in the world by clocking GDP growth rate of 7.7 per cent during the January to March quarter of FY 18. India, being the Asia’s third-largest economy, clinched this position after surpassing China’s 6.8 per cent […]

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Viz-A-Viz with Basant Jain, Chief Executive Officer, Mahindra Susten

Q. Being a major player in the solar space, how do you contribute towards India’s clean and green energy initiative? Mahindra Susten (Part of USD 20.7 Billion Mahindra group) is a leading player in the Cleantech space. It is amongst India’s top 2 companies providing turnkey EPC solutions for grid connected solar projects and has […]

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Finland’s Fortum to sell 54% Stake in Indian Projects

“This project demonstrates the growing maturity of India’s secondary market for renewables – creating an environment in which private investors have the confidence to invest in new greenfield projects that will accelerate the decarbonization of India’s economy” With an aggregate capacity of 185 MW in India, Finland’s Fortum sign an agreement to sell a 54% […]

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SoftBank CEO Masayoshi Son may Meet PM Modi for $60 Bn Solar Project

Being the hub of investment as far as solar industry is concerned, countries like China and now Japan’s tech giant SoftBank are eyeing to grab a major pie in the clean energy segment in India. In the coming years, India is expected to go through the biggest revolution in solar energy. The country which has […]

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