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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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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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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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NV Energy Seeks Approval for Three New Solar Energy Projects

NV Energy has submitted a separate request with the Public Utilities Commission of Nevada to utilize the NV GreenEnergy Rider program to help a major customer offset 100 percent of its next phase of growth with solar energy. In its continuing effort to serve its customers with low-cost renewable energy, NV Energy filed a request […]

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