SUBSCRIBE NEWS LETTER

renewable energy projects

YES Bank, EIB to Invest $400mn in Indian Renewable Energy Sector

The new $400 million private sector renewable energy financing programme is divided into two components. Of the $400-million, the EIB will fund $200 million, while the rest will be supported by YES Bank. YES Bank and the European Investment Bank will jointly invest $400-million funding for renewable power generation in the country. “The new financing […]

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Three Solar Projects to Be Launched By Vietnam Based TTC, In First Half of 2018

With a combined investment of about 3 trillion dong ($132 million), the three projects in central and southern provinces of Vietnam will have a total capacity of around 150 megawatts (MW). Vietnam based TTC Corp expects to start construction work for the country’s first three solar power projects in the first half of 2018, its chairman announced. […]

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Major Policy Initiatives undertaken by Government for increasing share of Renewable Energy in total installed capacity

Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh, in a written reply to a question in Rajya Sabha today, informed about the major policy initiatives undertaken after June 2014 for increasing the share of renewable energy in total installed capacity. These are as under: – Announced a cumulative […]

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EnSync Energy and Spectrum Solar Plus’ Storage Project Commissioned and Operational in Hawaii

Spectrum’s Kailua-Kona facility, the flat load is usually between 90 to 100 kilowatts (kW) and is now being supplied with 400 kW of carport-mounted photovoltaics.  EnSync Energy Systems, a leading developer of innovative distributed energy resources (DERs), announces the full commissioning and live operation of an advanced energy generation, storage and management system at a Spectrum headend facility in Kailua-Kona, […]

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Belgian Firm Plans to Invest Rs 1,000 Crore in Renewable Energy in India

Over the next one to two years, Belgian Firm will invest anywhere between Rs 800 – Rs1,000 crore for renewable energy venture in India. Belgian retail giant Colruyt Group is gearing up to make a big splash in the renewable energy space in India and has lined up an investment of around Rs 800-1,000 crore […]

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President of India gives away National Energy Conservation Awards and National Painting Competition Prizes for 2017

Industry must cooperate with Government to set up Energy Banks, to meet increasing Energy demand in the Country: Shri Ram Nath Kovind India to reduce Energy Intensity of Economic Growth by one-third by 2030, aim towards Responsible Growth: Shri R.K. Singh India to exceed its Renewable Energy target of 175 GW, to comfortably cross 200 […]

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GST Increases Cost of Solar Projects by 12 Percent, Says AISIA

Under the current GST regime, “solar power cost will see upward escalation”, the All India Solar Industries Association said. The Goods and Services Tax (GST) has led to 10-12 percent rise in overall cost of solar projects, the All India Solar Industries Association has said, while petitioning the government against the rise in tax incidence […]

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Schneider Electric Commits Generate Electricity From 100% Renewable Energy by 2030

The commitments are yet another step in Schneider Electric’s journey to becoming carbon neutral by 2030. Schneider Electric, the leader in digital transformation of energy management and automation, has committed to sourcing 100% renewable electricity and is throwing light on the doubling of its energy productivity. The company strongly believes it cannot go renewable without […]

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