The Department of Biotechnology (DBT) under India’s Ministry of Science and Technology, and the International Energy Agency (IEA) have signed a Memorandum of Understanding (MoU) for a joint program under Mission Innovation, to advance clean […]
The government has approved an amount of Rs 55 billion to be disbursed as subsidies under the second phase of Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles (FAME) program, over a five year […]
Adani Green Energy has acquired 100 per cent stake in Adani Green Energy Pte Limited (AGEPteL) from its Group firm Adani Global Pte Limited. AGEPteL had been incorporated in March 2017 for investment in international […]
The National Solar Energy Federation of India (NSEFI) has written to the energy minister of Uttar Pradesh to honour tariffs discovered in Uttar Pradesh New and Renewable Energy Development Agency’s (UPNEDA’s) recently concluded 1,000 MW […]
The Solar Power Developers Association has urged the MNRE to defer the scheduled auctions for solar power projects owing to transmission issues. The developers are concerned as the final rules relating to the grant of […]
The Ministry of New and Renewable Energy (MNRE) has signed memorandums of understanding (MoUs) with the Ministry of Energy and Mining of the Republic of Peru and the National Solar Energy Institute (INES) of France […]
Under the Common Service Centres (CSCs) program the government has committed to provide solar power based internet connectivity to 250,000 villages across the country. The initiative will provide and improve banking, pension, digital literacy, and […]
Solar power generation in the first quarter (Q1) of the calendar year 2018-19 witnessed a 103 per cent year-on-year increase compared to the solar power generated in Q1 of the calendar year 2017-18. The data […]
The Indian Energy Exchange (IEX) and Japan Electric Power Exchange (JEPX) have signed an MoU to jointly explore opportunities in the electricity market. While IEX is India’s largest power exchange with an automated platform for […]
India has signed Memoranda of Understanding (MoUs) with Morocco and Guyana, each for promoting the expansion of renewable energy in the respective countries. The bilateral agreements are aimed at strengthening India’s leadership role in climate […]
In its 39th Parliamentary report, “Demands for Grants of the Ministry of New and Renewable Energy for the year 2018-19”, the Standing Committee on Energy has asked for an increase in the funding for meeting […]
ReNew Power has signed a memorandum of understanding with the Maharashtra government for a proposed investment of Rs 140 billion to commission renewable energy projects in the state. The company plans to invest approximately Rs […]
The Maharashtra government has approved the state’s Electric Vehicle Policy, 2018. The policy covers all the three segments of the electric vehicle (EV) sector – manufacturing, setting up of infrastructure, and consumers. Moreover, the EV […]
Tata Power has announced its plans to set up additional electric vehicle charging stations in Mumbai. The stations are being developed at the Bandra Kurla Complex and the Western Express Highway at Borivali. Earlier, the […]
JSW Energy Limited incorporated a wholly owned subsidiary, JSW Solar Limited, on January 1, 2018 to venture into the renewable energy sector. The subsidiary will be involved in segments such as energy storage systems, microgrids […]
The MNRE has stated that the estimated potential of tidal energy in India stands at 8,000 MW currently. Of this, 7,000 MW potential has been assessed in the Gulf of Kambhat region and 1,200 MW […]
As of November 2017, India had set up 1,085 small-hydro power (SHP) projects with an aggregate capacity of 4,400 MW. Karnataka led with 162 projects having a total installed capacity of 1,230.73 MW. Himachal Pradesh […]
HDFC Ergo General Insurance Company has formulated a new solar energy shortfall insurance policy for insuring bidders against the loss of business in case of generation falling below the projected levels. The policy aims to […]
The National Solar Energy Federation of India has signed a cooperation agreement with Spanish solar association UNEF to promote solar energy and defend the interests of the segment in both the countries. Under the agreement, […]
Lightsource Renewable Energy and UK Climate Investments have entered into a partnership agreement to fund the development, acquisition and ownership of large-scale solar power generation assets in India. Together, the companies target greenfield development and […]
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