The Union Cabinet has approved the National Mission on Transformative Mobility and Battery Storage. The Mission will finalize and implement strategies for transformative mobility and Phased Manufacturing Programmes (PMP) for electric vehicles, their components, and batteries. The Mission will finalize the details of PMP for Electric Vehicle ecosystem and drive Read more…
India has witnessed increasing capacity additions in renewable energy (RE) with an installed capacity of close to 22 GW for solar and 34 GW for wind as on March 31, 2018. The achievement of the planned capacity shall have the country’s task cut out in terms of planning the transmission Read more…
In its commitment to renewable energy, India had set an ambitious target of setting up an additional installed capacity of 175 Gigawatt (GW) through renewable energy by 2022. Of this target, 100 GW has been apportioned for solar photovoltaic (PV), out of which further 40 GW target has to be Read more…
On July 9, 2018, YES BANK launched YES SCALE: Cleantech Accelerator, as part of its multi-sector start-up accelerator YES SCALE (Smart City, Clean Tech, Agritech, Lifesciences Tech, Edu Tech). YES SCALE: Cleantech Accelerator will focus on scaling up startups working on energy efficiency, waste management, and water management—paving the way for a cleaner future. YES SCALE Read more…
Scope for India–Japan Cooperation in the RE Sphere The world is undergoing an energy transformation wherein a majority of the countries across the world are recognizing and accepting the need for such a change. This transformation is characterized by renewable energy sources with their promise of extending access to affordable, Read more…
Te Cabinet Committee on Economic Affairs (CCEA) approved a total funding of 11,814 crore for Phase II of the grid-connected rooftop solar programme for achieving cumulative capacity of 40,000 MW from Rooftop Solar (RTS) Projects by the year 2022 on February 19, 2019. As of December 2018, the installed capacity Read more…
The Cabinet Committee on Economic Affairs, chaired by Hon’ble Prime Minister Shri Narendra Modi has approved launch of Kisan Urja Suraksha Evam Utthaan Mahabhiyan (KUSUM) with the objective of providing financial and water security to farmers. The proposed scheme consists of three components: -Component-A: 10,000 MW of decentralized ground mounted Read more…
India has become the largest market globally for auction of new renewable energy generation projects and the second-largest destination attracting clean energy investments. These are the findings of the latest Climatescope 2018 report by Bloomberg NEF (BNEF). “India’s renewable auctions market is the largest in the world. Over 11 GW Read more…
Delhi University’s Lakshmibai College has gone solar by installing a roofop solar project on its campus. Taking a major step towards becoming an environment-friendly campus, the college has installed solar panels which would provide 77 kW of electricity. Te project is expected to reduce the electricity bill by 40 to Read more…
Ingeteam, headquartered in Spain, has opened a new facility in the vicinity of Chennai to satisfy the demand for wind power converters and control cabinets by both local and international original equipment manufacturers (OEMs) with operations in India. Located in the Tamil Nadu region, Ingeteam’s new 3,500 m² facility is Read more…