Shri Piyush Goyal, Minister of State (IC) for Power, Coal, New & Renewable Energy, and Mines said that International Solar Alliance (ISA) can act as a medium to spread lessons on energy security which can help achieve universal energy access target set up in SDGs before 2030. He was speaking Read more…
Employment in the renewable energy sector, excluding large hydropower, increased by 2.8 per cent to reach 8.3 million in 2016, with China, Brazil, the United States, India, Japan, and Germany being the leading job markets. If the large hydropower segment is included, the sector employed 10 million people worldwide in Read more…
As the cost of clean technology continues to fall, the world added record levels of renewable energy capacity in 2016, at an investment level 23 per cent lower than the previous year, according to a new research published by UN Environment, the Frankfurt School— UNEP Collaborating Centre and Bloomberg New Read more…
From Moderate to Exponential Growth Aswift transformation has been observed in the renewable energy (RE) sector of India in the past three years in terms of both installed capacity and programme formulation/implementation. The growth has been further pushed up by the encouraging policy regime, precise incentives, and declining trend in Read more…
The Ministry of New and Renewable Energy (MNRE) had started ‘Akshay Urja Aur Hum’, a Radio Sponsored Programme (RSP) from September 16, 2016, on every Friday and Tuesday. The concluding episode (104th episode) was aired on All India Radio on September 12, 2017. The programme covered various areas of renewable Read more…
The International Energy Agency (IEA) has produced a Special Report (Energy Access Outlook), which is part of its flagship World Energy Outlook (WEO) series. The Energy Access Outlook report: Expands and updates the WEO’s country-by-country electricity and clean cooking access database, and assesses the status for all developing countries, reviewing 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…
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…