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European Investment Bank signs partnership pact with Solar Alliance

By : sustainabilityo..., Oct 9, 2017

The European Investment Bank today inked a partnership agreement with International Solar Alliance for an 800 million euro financial aid to support India's clean energy project....

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Rural Electrification Corp agrees to reduce interest rate on loan to Andhra by 2 per cent

By : sustainabilityo..., Oct 9, 2017

Rural Electrification Corporation (REC) of India has agreed to reduce the interest rate on loans to be given to Andhra Pradesh by 2 per cent.

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Adani Enterprises to demerge renewable energy business to simplify structure

By : sustainabilityo..., Oct 9, 2017

 Adani Enterprises announced plans to demerge its renewable energy business into associate company Adani Green Energy Ltd as part of simplifying overall business structure. ...

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India needs large lithium-ion battery plants for EVs push: Niti Aayog

By : sustainabilityo..., Oct 9, 2017

India is required to set up large lithium-ion batteries (LiBs) manufacturing plants to become a global player in electric vehicles (EVs) technology market, Niti Aayog member V K Saraswat has...

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MNRE asks Tamil Nadu to prevent curtailment of solar power

By : sustainabilityo..., Oct 9, 2017

The ministry of new and renewable energy (MNRE) has written to the Tamil Nadu government, urging it to prevent arbitrary curtailment, or backdowns, of solar power in the state....

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Tariff for wind energy at record low of Rs 2.83/unit

By : sustainabilityo..., Oct 5, 2017

Wind energy tariffs dipped to a new low of less than Rs 3 per unit, dropping sharply from the previous record of Rs 3.42, in an auction for 1,000 megawatts of projects that continued late into...

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Tamil Nadu cancels 500 MW solar auction held in Jan-Feb

By : sustainabilityo..., Oct 3, 2017

Tamil Nadu has cancelled an auction it held in January-February to allot 500 MW of solar projects, because the state-run power distributor found the winning bid of Rs 4.40 per kwH too high, one...

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Two floating solar projects of 10 MW each to come up by next year

By : sustainabilityo..., Oct 3, 2017

Two floating solar projects with the capacity of 10 MW each are coming up in Andhra Pradesh and Kerala to harness unutilised water bodies. "Two 10 MW floating solar projects, which will be the...

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Sembcorp Industries planning IPO of its India business

By : sustainabilityo..., Oct 3, 2017

Singapore-based power producer Sembcorp Industries Ltd is preparing to list its Indian unit, according to two people aware of the plan.

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Canadian Solar said to explore sale of Indian power assets

By : sustainabilityo..., Oct 3, 2017

Canadian Solar Inc., a maker of solar panels, is exploring the sale of its Indian solar power assets, worth around 108 megawatts (MW), two people aware of the development said....

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