NITI Aayog and Rocky Mountain Institute (RMI) India released a new report ‘Mobilising Electric Vehicle Financing in India’, which highlights the role of finance in the India’s transition to electric vehicles (EVs) and analyses that the transition will require a Read more
The share of coal in India’s overall energy mix is expected to decline from 44 percent in 2019 to 34 percent in 2040 triggered by the country’s push in the renewable sector, especially solar, said estimates by the International Energy Read more
Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has issued a tender, seeking bids from eligible firms for setting up of 70 MW solar power generating systems (SPGS) across various locations across Goa.As per Read more
A huge global capital pool is mobilising to invest in renewable energy and grid projects in India, according to a new IEEFA report, with pull factors including solar power tariffs hitting record lows, plunging solar module costs, record low interest rates, Read more
India an achiever in solar power growth among 80 member countries: ISA The International Solar Alliance (ISA) has ranked India as an “Achiever” among its 80 member countries along with Brazil, Saudi Arabia and the United Arab Emirates (UAE) in Read more
Floating solar project for Mumbai: The Municipal Corporation of Greater Mumbai (MCGM) has approved a proposal to set up a hybrid power project with 20 MW hydroelectric and 80 MW floating solar power capacity. It will be set up by Read more
Asia-Pacific solar technology contracts in February 2021 saw 51 contracts announced, marking a rise of 28% over the last 12-month average of 40, according to GlobalData’s power industry contracts database. The proportion of solar technology contracts by category tracked Read more
The renewable energy sector in the hilly state of Himachal Pradesh is on a growth trajectory and it is primarily being driven by solar and hydropower resources. The total installed power generation capacity in the state as of January 2021 Read more
“India can become a global manufacturing hub for clean technologies” Historically, India has been largely dependent on imported solar modules. However, the Indian solar industry suffered from significant supply chain issues owing to the Covid-induced lockdown. This has highlighted the Read more
While the solar electricity has become cheaper as compared to the grid electricity, you start savings in your electricity bill from the day you have implemented the solar project at your facility. Though the quantum of savings are dependent on Read more
Firstgreen Renewable Energy Updates