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Government forms new policy for standardisation of renewable energy products

By : sustainabilityo..., Dec 12, 2017

Aiming to address the quality issues in India’s rapidly growing renewable energy sector, the union ministry of new and renewable energy (MNRE) has come out with a new policy for “testing,...

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CleanMax Solar receives ₹100 crore from IFC

By : sustainabilityo..., Dec 12, 2017

IFC, the private equity investment arm of World Bank, has invested about ₹100 crore ($15 million) in Mumbai-based CleanMaxSolar. This is IFC’s first investment in the rooftop solar space...

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SBI sanctions credit facilities worth Rs 2,317 crore for rooftop solar projects

By : sustainabilityo..., Oct 31, 2017

State Bank of India (SBI), the country's largest commercial bank, announced today the sanction of credit facilities amounting to Rs 2,317 crore with aggregate capacity of 575 MW to corporates...

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Green energy tariffs will fall further, help achieve targets: MNRE Secretary

By : sustainabilityo..., Oct 12, 2017

 Renewable energy tariffs that have already tumbled to a record low will fall further and help India achieve its ambitious targets for generating green electricity, renewable energy secretary...

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Indian Oil, HPCL, BPCL eyeing electric vehicles, renewables business

By : sustainabilityo..., Sep 25, 2017

Wary of being left behind in the race for renewables and electric vehicles, oil marketing companies are quietly drawing up plans to expand their modest presence in renewable energy space. ...

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Mahindra launches India’s first mobile PV testing lab as some project performances plunge

By : sustainabilityo..., Sep 25, 2017

Mahindra Susten has launched what it claims to be India’s first mobile PV lab as quality standards are set to be brought in and some third-party solar projects see significant module performance...

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Anti-dumping authority recommends import duty on solar and wind energy equipment from China

By : sustainabilityo..., Aug 4, 2017

Anti-dumping authorities have recommended action against key Chinese components for windmills, and are considering a similar petition for solar equipment, delivering another blow to the flood of...

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Green energy sops may end in five years

By : sustainabilityo..., Jul 31, 2017

The government plans to gradually withdraw all the incentives for the renewable energy sector over the next five years, a move that may face stiff opposition from an industry that is to see...

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IDFC infrastructure fund set to buy First Solar’s India portfolio for $300 million

By : sustainabilityo..., Jul 31, 2017

The infrastructure fund of multi-asset manager IDFC Alternatives is set to make its biggest acquisition till date by taking over the entire 200 megawatts of First Solar’s operational portfolio...

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Adani Green Energy defers its polysilicon manufacture plans

By : sustainabilityo..., May 24, 2017

Adani Green Energy has deferred its plans for manufacturing polysilicon, the basic material of solar panels and modules, in absence of promised incentives from the government....

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