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SECI postpones manufacturing-linked solar bid for 3 GW till May 14

By : Sustainability ..., Apr 23, 2019

State-run Solar Energy Corporation of India Monday extended bids submission deadline for the third time for manufacturing-linked 3GW solar power tender till May 14. "The RfS (request for...

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Mytrah Energy looking to divest stake; in talks with Canada’s Brookfield

By : Sustainability ..., Apr 23, 2019

Mytrah Energy India Pvt Ltd (MEIPL), an independent producer of renewable energy, is in advanced stages of talks for divestment of stake.

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Hero arm, Azure Power to raise $1 bn from bond sale

By : Sustainability ..., Apr 18, 2019

Hero Group’s renewable energy arm and NYSE-listed Azure Power are gearing up to raise $1 billion by selling bonds to overseas investors over the next few weeks in separate offerings, according...

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Telangana to add 1,000 MW solar power capacity in 6-8 months: Official

By : Sustainability ..., Apr 18, 2019

Telangana will add another 1,000 MW of solar energy capacity in next six to eight months taking the total installed capacity to over 4,500 MW in solar power segment, a senior official said...

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RE-Invest becomes Sun-World as it moves out of India

By : Sustainability ..., Apr 18, 2019

International Solar Alliance (ISA), the global grouping of sunshine-rich countries led by India, is planning to launch global editions of its flagship industry event Re-Invest in response to the...

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12% GST on RECs: Renewable power companies move Delhi High Court

By : Sustainability ..., Apr 18, 2019

Renewable power companies have moved the Delhi High Court, seeking to exempt the renewable energy certificates (RECs) from the goods and services tax (GST). The case will also have implications...

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Routematic Gears up to Become a Prevalent EV Player in the Country; Raises $2.5M in Pre Series A

By : Sustainability ..., Apr 18, 2019

In a major development towards its growth prospects, Routematic, India’s leading fleet service and transport automation software provider, has raised $2.5 million in a Pre Series A round from...

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IIT-Madras startup Swadha Energies raises funds from angel investors

By : Sustainability ..., Apr 18, 2019

IIT-Madras startup Swadha Energies, a maker of tech-powered energy conservation solutions, has raised undisclosed amount of funds in a pre-Series A round from angel investor groups Indian Angel...

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Cabinet approves renewable energy pact between India and Denmark

By : Sustainability ..., Apr 16, 2019

 

The Union cabinet chaired by Prime Minister Narendra Modi today gave its approval for a cooperation agreement between Ministry of New and Renewable Energy (MNRE) and Denmark’s Ministry for Energy, Utilities and Climate.

The pact allows strategic cooperation in...

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

By : Sustainability ..., Apr 16, 2019

 

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 to exceeding the previously set target, Vice President Venkaiah Naidu said...

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