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Renewable energy sector adds 2,151 MW in Q1

By : Sustainability ..., Jul 12, 2019

The renewable energy sector’s new capacity addition during the first quarter of this fiscal was higher at 2,151 MW when compared with the capacity addition of 1,541 MW in the year-ago quarter....

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Rajasthan: Renewed thrust on green energy with policy push

By : Sustainability ..., Jul 11, 2019

The Budget’s focus in the energy sector is to tap the immense potential of non-conventional energy sources. It proposes to generate 1,426 MW of wind power and 4,885 MW of solar power by 2023....

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Economic Survey Pitches For USD 330 Billion Investment in Renewable Energy

By : Sustainability ..., Jul 9, 2019

The Economic Survey 2018-19 tabled in Parliament has pitched for fresh investments to the tune of a massive USD 330 billion in the renewable energy sector over the next decade through 2030. This...

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ICRA expects clarity on safeguard duty, funding for discoms and renewable parks from Budget

By : Sustainability ..., Jun 25, 2019

Rating agency, ICRA expects the budget to give clarity on the status of safeguard duty, higher budget allocation for state-owned distribution utilities, and increased funding for the development...

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Srei Equipment gets $30 mn from Dutch bank for refinancing green projects

By : Sustainability ..., Jun 21, 2019

Srei Equipment Finance, a wholly-owned subsidiary of Srei Infrastructure Finance, has received $30 million loan refinancing facility from FMO, a Netherlands-based development finance bank. The...

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Solar energy to be used for government offices – Revenue Minister Chandrakant Patil

By : Sustainability ..., Jun 18, 2019

Solar energy is the best alternative to electricity and in the future all the government offices in the state will be using solar energy, said Revenue Minister Chandrakant Patil here Monday. He...

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Green power: Renewable energy use rises, but still behind target

By : Sustainability ..., Jun 17, 2019

Rajasthan, Tamil Nadu, Gujarat, Punjab, Maharashtra and Telangana — which have 56% of the country's installed renewable capacity — could not fulfil the RPOs in FY19, though they all met the...

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Discussed with states road map to achieve 175 GW renewable energy capacity: Power minister

By : Sustainability ..., Jun 12, 2019

Union minister R K Singh Tuesday held a meeting with ministers and officials of renewable energy-rich states and discussed with them various issues facing the sector and ways to achieve the...

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Power minister positive on achieving 175 GW renewable energy target

By : Sustainability ..., Jun 11, 2019

Power and New and Renewable Energy Minister Raj Kumar Singh has exuded confidence that the renewable energy target of 175 gigawatt (GW) by 2022 would be achieved. Singh, who took the charge of...

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Renewables sector awaits a multi-pronged policy to resume strong growth trajectory

By : Sustainability ..., Jun 6, 2019

As the renewable energy sector faces a slowdown, industry representatives and experts seek a multi-dimensional policy framework from the new government to restore market confidence and put the...

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