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renewable energy sources

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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MNRE organises panel discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW Renewables by 2022’ at CoP 23, Bonn, Germany

India committed to its Renewable Energy Targets to provide Equitable Sustainable Development The Ministry of New and Renewable Energy (MNRE), Government of India, in partnership with the Confederation of Indian Industry (CII), organised a panel discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW renewables by 2022’ on 16th November 2017 at the […]

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ADFD & IRENA Started Accepting Applications For Funding Opportunities For Renewable Energy Projects

The Facility allocated US$189 million to 19 renewable energy ventures across the globe, covering up to 50 per cent of the project costs. The International Renewable Energy Agency (IRENA), in partnership with the Abu Dhabi Fund for Development (ADFD), is inviting applications for renewable energy projects in developing countries. Within the framework of the ADFD-funded […]

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Renewable Electricity’s Spanish Support Scheme Approved by the European Commission

The scheme has around 40,000 beneficiaries. In 2016, the annual payments under the scheme amounted to €6.4 billion. The Spanish scheme supporting electricity generation from renewable energy sources, high efficiency co generation of heat and power and waste, the European Commission has found it to be in line with EU State aid rules. The scheme […]

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Solar Energy Insurance for Utility Scale Projects

With each step towards achieving 100GW solar power goal by 2022, the momentous development of solar insurance and reinsurance market in India could not come at a better time. When it comes to new and innovative financing models, growing number of large-scale solar PV power plants and reduction in the feed-in tariff has spurred the […]

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Schneider Electric and NGK Partner Collaborate to Promote Large Capacity Energy Storage System

The team of NGK and Schneider Electric successfully conducted integration testing of the interface between the NAS battery and ES Box at NGK’s factory in Japan. Schneider Electric along with NGK insulators, Ltd., the worldwide leader of manufacturing advanced ceramic products, has announced the conclusion of a memorandum of understanding (MOU). Under the MOU, the […]

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EESL and UK Firm Collaborate on New Renewable Energy Pact

EESL EnergyPro Assets Limited (EPAL) launched the new partnership at India House in London for the investment in an advanced battery storage project. A joint venture of Indian PSU Energy Efficiency Services Limited (EESL) and UK-based EnergyPro Limited (EP) will invest USD 12 million in a new partnership with leading battery storage solutions provider Leclanché. […]

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