The KfW Development Bank and the Indian Renewable Energy Development Agency Ltd. (IREDA) have signed the 6th Line of Credit (LoC) for €20 million to be utilized by IREDA for ‘Access to Energy’ by financing renewable energy projects in India. The loan period is 12 years with four years of Read more…
On the occasion of the visit of the World Bank President to India, the Interim Administrative Cell of the International Solar Alliance (ISA Cell) and the World Bank declared their intention to promote solar energy globally. The declaration was signed and exchanged by Shri Upendra Tripathy, Secretary, Ministry of New Read more…
Gujarat Refinery (GR) has successfully commissioned a 400 kW grid-tied solar power plant on the rooftop of South Block Control Room in its premises. The refinery had previously commissioned 250 kW solar power plants for reducing the carbon footprint and moving towards the sustainable operations. With its third solar power Read more…
Aiming to generate solar power through rooftops of buildings and spare land under the South Delhi Municipal Corporation (SDMC), the civic body has inked a memorandum of understanding (MoU) with the Solar Energy Corporation of India (SECI). The MoU engaged SECI for setting up solar power plants on the rooftops Read more…
T he State Bank of India (SBI) has inked agreements with the World Bank for a $625 million (around Rs 4,200 crore) facility to support grid connected rooftop solar programme in the country. This will help SBI in financing grid connected rooftop solar photovoltaic (GRPV) projects at very competitive rates. Read more…
The Indian Renewable Energy Development Agency (IREDA) organized the Chintan 3 Programme on September 2, 2016, at Scope Complex in New Delhi for sharing of information, generating new ideas, and open discussion. The event was followed by some cultural activities. The Chintan 3 Programme began with the inauguration ceremony with Read more…
S purred by the national award for its solar rooftop installation project, BESCOM has set a target of generating 50 MW through installations by year end. BESCOM consultant Satish Kumar, who received the award on behalf of the company, from Minister of State (IC) for Power, Coal and New and Read more…
The Government of India is working on doubling the power generation target from solar energy parks to 40,000 MW in the backdrop of slow offtake of rooftop solar and problems being faced by some project developers. The Ministry of New and Renewable Energy (MNRE) is keen to set up solar Read more…
Key industry and policymakers congregated at Asia’s Largest Energy Trade Expo, Renewable Energy India (REI) 2016 on September 7–9, 2016 at Greater Noida. The expo was inaugurated by the Chief Guest, Shri Upendra Tripathi, Secretary, Ministry of New and Renewable Energy (MNRE), Government of India and other key dignitaries, such Read more…
To save energy consumption, all 17 railway stations on the world heritage Kalka–Shimla rail track will soon have the solar lighting system. The solar power can also be used to light up coaches, helping in saving power and making all stations on the track green in the second phase. It Read more…