SUBSCRIBE NEWS LETTER

energy resources

Renewables Will Become Dominant Energy Source by 2050: Oliver Wyman

“Governments need to champion and commit to COP21 targets and organisations need to be bold and agile in order to achieve an energy system built mainly on renewables by 2050.” Oliver Wyman in its latest report notes that a global energy system based mainly on renewables can be achieved by 2050, but governments need to […]

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International Finance Corporation to Invest 40 Million Dollars in Tata Cleantech Capital to Promote Renewable Energy Projects

World Bank’s private-sector arm will use the money raised through green bonds to financing environment-friendly Renewable Energy Projects. International Finance Corporation is planning to invest up to $40 million in Tata Cleantech Capital Ltd’s (TCCL) green bond issue to help the company expand long-term environment-friendly infrastructure funding. The money raised through green bonds will be […]

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Maharashtra Solar Energy Policy

Maharashtra Solar Energy Policy Updates 2017 As per the new proposed changes by Maharashtra Electricity Regulatory Commission (MERC) in July 2017 the new regulations will be called the Maharashtra Electricity Regulatory Commission (Net Metering for Roof-top Solar Photo Voltaic Systems) (First Amendment) Regulations, 2017. Some of the highlights of the proposed changes are as follows: […]

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Kerala Solar Energy Policy

OBJECTIVE Objective of the state solar policy include:- Increase the installed capacity of the solar sector in the State to 500MW by 2017 and 2500 MW by 2030. Contribute to long term energy security of the State of Kerala as well as ecological security by reduction in carbon emission. Adopt a multi-pronged approach in targeting […]

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Chhattisgarh Solar Energy Policy

OBJECTIVE To encourage, develop and promote solar power generation in the State with a view to meet the growing demand for power in an environmentally and economically sustainable manner. To enhance the private sector participation in solar power generation. To create a favorable environment for development of solar manufacturing capabilities within the State. To contribute […]

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Uttar Pradesh Solar Energy Policy

Uttar Pradesh Solar Energy Policy Updates 2017 A target of 10,700 MW for solar power, including 4,300 MW from rooftop solar projects, by FY 2022 has been set by the Government of Uttar Pradesh mentioned in the ‘Draft Solar Power Policy-2017’ for Uttar Pradesh in June 2017. At the time of announcing the policy remains […]

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Rajasthan Solar Energy Policy

Rajasthan Solar Energy Policy Updates 2017 The new fixed tariff of Rs. 3.93 (~$0.06)/kWh as the generic tariff levelised for 25 years for solar PV projects excluding accelerated depreciation (AD) has been announced by the Rajasthan Electricity Regulatory Commission (RERC) in October 2017. The fixed AD component is fixed at Rs. 0.27 (~$0.004)/kWh making the […]

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UP Governor Ram Naik calls for alternative energy to improve power situation

“Nobody wants to set up an industry in UP since the electricity supply here does not inspire confidence. An alternative source of energy like solar power can play a very crucial role in improving this situation” Uttar Pradesh Governor Ram Naik lamented that industrialists were often wary of coming up with projects in the huge […]

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