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Karnataka: KREDL tenders 1.2 GW of solar PV

By : sustainabilityo..., Feb 2, 2018

KREDL has tendered a 1.2 GW of  grid-connected ground-mounted solar PV projects to be installed in the Pavagada Solar Park, located in Tumakuru District of Karnataka. Overall, it envisages the...

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Budget proposes less tax on income from carbon credits

By : sustainabilityo..., Feb 2, 2018

NEW DELHI: Budget 2018 proposes to reduce the tax on income from carbon credits ...

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Azure Roof Power to Electrify 152 Schools under Ministry of Human Resource Development Across Six States

By : sustainabilityo..., Jan 30, 2018

Azure Power, one of India’s leading independent solar power producers, announced it has won a 11.35 megawatts (MWs) solar rooftop power project. This is the largest allocation for this auction,...

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Housing society in Mumbai’s Kurla switches to solar power, cuts electricity bill by 83%

By : sustainabilityo..., Jan 29, 2018

Residents of a housing society in Kurla have managed to cut their electricity bill by 83% by switching to solar energy.

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‘Surprise’ four-fold oversubscription in Karnataka’s 860MW PV tender just as another 1.2GW issued

By : sustainabilityo..., Jan 24, 2018

Karnataka’s 860MW dispersed solar tender has been oversubscribed by four times and the state has released another 1.2GW tender, to the surprise of a top analyst firm that foresees grid...

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YES Bank to raise $1 b to fund solar energy projects

By : sustainabilityo..., Jan 19, 2018

YES Bank on Wednesday said it will mobilise $1 billion till 2023 and $5 billion till 2030 towards financing solar energy projects in India.

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Karnataka Electricity Regulator seeks cut in base tariff for solar auction

By : sustainabilityo..., Jan 17, 2018

With solar energy prices progressively falling, Karnataka's power regulator has directed the state's renewable energy development agency to substantially lower the benchmark tariff for its...

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Only six states, UTs comply with Centre's renewable purchase obligations

By : sustainabilityo..., Dec 29, 2017

New Delhi, Only six out of 29 states and seven union territories are complying with the central government's Renewable Purchase Obligation (RPO) targets, a Greenpeace India report said on...

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Solar panel maker Waaree Energies secures ₹100 crore from Centrum Financial, others

By : sustainabilityo..., Dec 29, 2017

Waaree Energies, a Mumbai-based company which provides solar panel solutions, has secured around Rs. 100 crore ($15.6 million) in its new funding round. The investment in the company was made by...

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Yes Bank-European Investment Bank invest $400 million in wind and solar projects

By : sustainabilityo..., Dec 20, 2017

Indian private sector lender Yes Bank is betting big on clean energy sector in India, as it has jointly invested $400 million with European Investment Bank (EIB), a long-term lending institution...

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