Clean Energy

India’s Clean Energy Sector Aims To Generate 330,000 New Jobs: Report

The Union Government is planning to set up 160,000 Megawatt (Mw) of fresh renewable energy generation capacity in the five years between 2017 and 2022. More than 330,000 new jobs are likely to be generated from India’s growing renewable energy sector over the next five years, according to US-based global research organisation World Resources Institute […]

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India-World Bank Ink $100 Million Loan Agreement For Clean Energy

The solar parks will be mostly under the Ministry of New and Renewable Energy’s (MNRE) Solar Park Scheme. In a significant development, India and the World Bank have signed a $100 million loan and a grant agreement to help the country increase power generation capacity through cleaner, renewable energy sources. In a statement the World […]

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China, Ukraine Agree to Deepen Cooperation in Clean Energy

Ukraine which relies heavily on imported energy and sees a huge potential in its renewable energy cooperation with China. China and Ukraine have agreed to increase their cooperation in renewable energy, the Ukrainian government said. Both the countries reached the agreement during the plenary meeting of the Chinese-Ukrainian Subcommittee on Trade and Economic Cooperation in […]

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India Committed to 175 GW Clean Energy Target: MNRE

India is committed to its renewable energy target of having 175 GW capacity by 2022 to provide equitable sustainable development Ministry of New and Renewable Energy (MNRE), Government of India, in partnership with the Confederation of Indian Industry (CII), organized a panel discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW renewables by […]

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IEA Predicts India Will Lead the World in Clean Energy By 2040

Rapid deployment of solar photovoltaics (PV), led by China and India, will help solar energy become the largest source of low-carbon capacity The International Energy Agency (IEA) predicts India is likely to lead global energy demand growth surpassing China and the US by 2040. In its latest World Energy Outlook, published by the International Energy […]

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ISA: Collaborative Platform To Achieve Clean Energy Goals

The session at CoP23 served as the Curtain Raiser for the ISA’s upcoming Founding Ceremony. Leading solar energy solutions provider Vikram Solar was one of the participants in the 23rd Conference of Parties of the United Nations Framework Convention on Climate Change (COP23) in Bonn, Germany. Gyanesh Chaudhary, MD & CEO was the company’s representative. […]

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Efforts to Address Climate through Clean Energy Lag in Emerging Markets

Two years post-Paris, Climatescope research from Bloomberg New Energy Finance highlights slowing investment from OECD countries and limited policy-making follow-through in non-OECD nations. Two years since the signing of the Paris climate agreement and eight years after Copenhagen, countries on both sides of the rich-poor divide are falling short on promises made to address climate […]

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Investonomics on Indian Sun is Hot!

Today, solar power is not merely a power demand catalyst rather this sector preaches colossal economics in the world affairs. Clouds around solar sector have dynamically revolved as murmurs of its transient nature of solar power are eluded. Solar and wind projects in the country would attract USD 20 billion investment each year from next […]

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New Delhi to Source 1GW Solar Power by 2019

Delhi currently sources around 100MW of its total power demand from solar power generation units through PTAs and net metering by users. By 2019, the capital city of India, New Delhi would have over 1000MW of clean energy, lessening the burden on fossil fuel, said power minister Satyendar Jain. Jain also mentioned that after six […]

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