SUBSCRIBE NEWS LETTER

climate change

Solar Boom – A Fantastic Fillip for India!

India’s solar boom proved to be a game changer for the country’s renewable growth trajectory, as the sector witnesses’ sharp momentum during the past four years under the leadership of Prime Minister Narendra Modi. In 2014, when he took PM’s chair, India had about 2.63 GW of solar energy capacity, which now surged to nearly […]

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Green Energy Will Account For 40% of Total Energy Production in India, Says Harsh Vardhan  

Green energy, electricity produced from non-fossil fuel sources such as wind, solar power, and hydropower, will account for 40% of the total energy production in India As the country is leading the new initiatives in fighting climate change and greenhouse emission, it is also rapidly shifting from the conventional source of energy to clean energy. […]

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EIB to Provide $11.75 Mn Loan for 34 MW Solar Project in Zambia

Further, the Zambian project is promoted by Enel company and will also be supported by loans from the IFC, World Bank Group member, and IFC-Canada Climate Change Program. European Union lender, the European Investment Bank (EIB) has provided up to USD 11.75 million loan to support the 34 MW Ngonye solar power plant in Zambia. Further, the Zambian […]

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Bihar Planning to Have 2 GW Solar Power by 2022, says Sushil Modi

The state government is committed to producing 2000 MW (2 GW) of electricity through solar energy by 2022. The two power plants are slated to be commissioned by 2022 and each will produce 350MW of electricity using solar energy. As decided by the government of Bihar, the power plants situated at Pirpainti in Bhagalpur and Kajra […]

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India Offers $75 Mn Credit Support for 100 MW Solar Project in Cuba

During talks, both countries agreed to enhance cooperation in the fields of renewable energy, biotechnology, traditional medicine and trade and investment. During the third leg of Indian President Ram Nath Kovind’s three nations tour, India offered a USD 75 million credit support to Cuba for a 100 MW solar power project. The President’s Secretariat said […]

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India Extends $20 Mn Concessional Financing for Solar Project in Suriname

In addition, India will extend a line of credit of USD 27.5 million to support a power transmission project in Pikin Saron area, says President Kovind. In a move to provide clean energy to a cluster of 49 villages, President of India Ram Nath Kovind said that India will extend concessional financing of USD 20 million […]

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Delhi Gurudwara Gets 1.5 MWp Rooftop Solar PV Plant

“India is making rapid strides in the field of renewable energy and we will overshoot the target of 175 GW renewable energy by 2022,” says RK Singh. In the presence of Power and New & Renewable Energy Minister RK Singh a 1.5 MWp rooftop solar photovoltaic (PV) plant has been commissioned at the Gurdwara Rakab […]

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Higher RPOs to Help India Meet 175 GW Renewable Target, says Greenpeace

It further added that, MNRE’s recently announced Kusum scheme to promote solar arrays connected to irrigation pumps can play a key role in helping states fulfil their RPOs. Greenpeace India said that 21 per cent target of Renewable Purchase Obligation (RPO) by 2022 will be helping India in meeting the renewable energy goal of 175 GW till 2022, […]

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