News

Home/News

ADB committed highest-ever USD 3 bn in sovereign loans to India in 2018

The report also noted that in India, ADB provided a USD 100-million loan to Ostro Kutch Wind, a renewable energy company owned by investment funds under the management of Actis Capital, for constructing and operating a 250-megawatt wind power project in Gujarat. New Delhi: ADB committed to providing USD 3 billion in sovereign loans to [...]

2019-04-17T03:29:47+00:00 April 17th, 2019|News|Comments Off on ADB committed highest-ever USD 3 bn in sovereign loans to India in 2018

Chinese state firm starts building 500MW of solar, huge energy storage system

Subsidiaries of state-run energy conglomerate China Energy Engineering Corp have started constructing two major solar plants and one of the largest energy storage systems in China, according to filings on the Stock Exchange of Hong Kong (HKEX). China Energy Engineering Group Shanxi Electric Power Engineering has started building a 500MW solar PV project, split between [...]

2019-04-17T02:00:57+00:00 April 17th, 2019|News|Comments Off on Chinese state firm starts building 500MW of solar, huge energy storage system

Shapoorji’s Sterling and Wilson Solar file for ₹4,500 crore IPO

The IPO is a pure offer for sale by company’s chairman Khurshed Yazdi Daruvala and Shapoorji Pallonji and Company Shapoorji Pallonji Group expects to raise $1 billion by bringing outside investors into its solar unit Mumbai: Shapoorji Pallonji Group’s solar engineering, procurement, and construction (EPC) business, Sterling and Wilson Solar Ltd, on Tuesday filed the draft [...]

2019-04-16T13:19:18+00:00 April 16th, 2019|News|Comments Off on Shapoorji’s Sterling and Wilson Solar file for ₹4,500 crore IPO

Tesla solar production twice its EV charging, claims huge emissions savings

Electric vehicle pioneer and energy group Tesla says it's fleet of more than 550,000 EVs has already delivered savings of more than 4 million tonnes of greenhouse gases and their equivalent, and the output of its solar products is also twice that of energy consumed by all those electric cars. In the company’s first “impact [...]

2019-04-16T10:54:42+00:00 April 16th, 2019|News|Comments Off on Tesla solar production twice its EV charging, claims huge emissions savings

Rs 42k-cr burden: Discoms’ dues to power cos rise 20%

  While power generation units with a combined capacity of 40 gigawatts (GW) are stressed and the sector is still grappling with the fall-out of several years of muted demand growth, state-run discoms’ dues to the power producers continue to rise. According to data available with the power ministry’s ‘praapti’ portal, the discoms’ dues to [...]

2019-04-16T08:43:00+00:00 April 16th, 2019|News|Comments Off on Rs 42k-cr burden: Discoms’ dues to power cos rise 20%

Delhi: South corporation to focus on solar panels, e-charging points

To encourage more people to use electric vehicles, South Delhi Municipal Corporation (SDMC) targets to develop at least 50 public charging stations by the end of this financial year. As part of its environment-friendly initiatives, the corporation also hopes to install rooftop solar panels at all schools and municipal buildings by 2019-end. Highlighting the green [...]

2019-04-16T06:27:59+00:00 April 16th, 2019|News|Comments Off on Delhi: South corporation to focus on solar panels, e-charging points

India 3rd largest solar market after China, US: Report

India emerged as the third largest solar market in the world after China and the US. India’s solar installations reached 8.3 GW, including large-scale and rooftop solar units, according to a report by Mercom Communications India. The country’s cumulative solar capacity is 28 GW as of 2018. Mergers and acquisitions globally were steady in the [...]

2019-04-16T03:27:38+00:00 April 16th, 2019|News|Comments Off on India 3rd largest solar market after China, US: Report

India will have 227 Gigawatt of renewable energy capacity by 2022: Vice President

He called upon town planners to make sustainable solutions such as harvesting solar energy an essential part of town planning New Delhi: India has set an ambitious target of deploying 175 Gigawatt (GW) of renewable energy capacity by 2022 which is now further raised to 227 GW considering that the country is well on its way [...]

2019-04-16T01:11:06+00:00 April 16th, 2019|News|Comments Off on India will have 227 Gigawatt of renewable energy capacity by 2022: Vice President

Global solar power funding rose 10 per cent to $2.8 billion in Q1 2019

The global solar market is currently upbeat and solar equities rebounded strongly in the first quarter but China is still a wild card New Delhi: Total corporate funding -- including venture capital funding, public market, and debt financing -- into the solar power sector in the first quarter of 2019 (Jan-March) stood at $2.8 billion, 10 percent [...]

2019-04-16T01:04:50+00:00 April 16th, 2019|News|Comments Off on Global solar power funding rose 10 per cent to $2.8 billion in Q1 2019

Cabinet approves Cooperation Agreement between India and Denmark in the field of Renewable Energy with focus on Offshore Wind Energy

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval for a Cooperation Agreement between Ministry of New and Renewable Energy of India and Ministry for Energy, Utilities and Climate of the Kingdom of Denmark on strategic sector cooperation in the field of Renewable Energy with a focus on Offshore Wind [...]

2019-04-16T00:58:41+00:00 April 16th, 2019|News|Comments Off on Cabinet approves Cooperation Agreement between India and Denmark in the field of Renewable Energy with focus on Offshore Wind Energy
Any Enquiry?
close slider