MNRE, Government of India, in partnership with the Confederation of Indian Industry (CII), organised a panel discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW renewables by 2022’ on November 16, 2017, at the India Pavilion at the Conference of Parties (CoP) 23, Bonn, Germany. Reaffirming India’s resolution Read more
Union Minister of State (IC) for Power and New and Renewable Energy, Shri R K Singh has emphasized the need for setting up more waste management plants around the country. Shri Singh said this while inaugurating a Workshop on Waste to Energy—‘Swachchata Se Swachh Urja’ on September 26, 2017, in Read more
To Reduce Risk, Enhance Transparency and Increase Affordability of Solar Power According to one of the key objectives of Electricity Act, 2013 “Promotion of competition in the electricity in India” emphasizes on the reduction of electricity cost through the competitive procurement mechanism. The power purchase cost of electricity is the Read more
NTPC has started power generation from India’s largest floating solar power plant at Kayamkulam in Kerala. The 100 kWp floating solar generation plant, largest of its kind in India, was indigenously developed as a part of the ‘Make In India’ initiative, at Rajiv Gandhi Combined Cycle Power Plant (RGCCPP) in Read more
The Ministry of New and Renewable Energy (MNRE) has set another record in the wind power capacity addition by adding over 5,400 MW in 2016–17 against the target of 4,000 MW. This year’s achievement surpassed the previous higher capacity addition of 3,423 MW achieved in the previous year. The leading Read more
Dr Arun K Tripathi has taken over the charge as the Director General of the National Institute of Solar Energy (NISE), Gurugram, on May 18, 2017. He has over three decades of experience in planning, development, and implementation of various renewable energy programmes particularly on biogas development, biomass gasification, solar Read more
India has overtaken the US to become the second-most attractive country after China for renewable energy investment, according to a report by a UK accountancy firm EY. In an annual ranking of the top 40 renewable energy markets worldwide in terms of allure, China was ranked at the top, followed Read more
The Indian Renewable Energy Development Agency (IREDA) increased its financing of green energy projects considerably in 2016–17, crossing the milestone of Rs 10,000 crore in a single year for the first time. IREDA provided loans of Rs 10,200 crore through 2016–17 for 112 clean energy projects across solar, wind, small Read more
IREDA’s cumulative loan sanction, since inception crosses Rs 50,000 crore. Cumulative loan sanctions towards clean energy projects as on date is Rs 50,559 crore. IREDA’s cumulative disbursements, since inception is Rs 29,172 crore. IREDA over the last 10 years has committed a cumulative loan amount of around Rs 40,792 crores Read more
The Indian Space Research Organization’s (ISRO) Ahmedabad-based Space Applications Centre has developed an android app for computing the solar energy potential of a place. Developed at the behest of the Ministry of New and Renewable Energy, the app is considered to be a ‘very useful’ tool for the installation of Read more