Reliance New Energy Solar Limited (RNESL), a wholly-owned subsidiary of Reliance Industries Limited (RIL), has announced the acquisition of a 100 per cent stake of REC Solar Holdings from China National Bluestar. The enterprise value […]
As the world progresses to a cleaner, greener, carbon-free future, countries across the globe are undertaking a host of initiatives to meet these goals. These include shutting down thermal plants, promoting electric vehicles, restoring grasslands […]
ACME, an Indian clean energy developer, has signed an agreement to advance a 3.5 GW green hydrogen and green ammonia facility in Oman. The agreement was signed with Oman governments’ Public Authority for Special Economic […]
India has set ambitious targets to increase the share of renewable energy in its energy mix. The government plans to install 175 GW of renewable energy projects by 2022 and 450 GW by 2030. At […]
In November 2020, the prime minister announced that the country’s renewable energy market offers business prospects of about $20 billion annually over the next decade. However, given India’s ambitious target to increase the existing installed […]
Renewable energy companies continue to reel from the impact of the Covid-19 pandemic. While the priority status granted to the renewable energy sector provided a cushion to many companies, the impact was still significant for some, […]
The solar segment in India has gained significant momentum over the past two years, resulting in record capacity additions in 2016-17 and an optimistic outlook for 2017-18 as well. Investments have been flowing in as […]
As the solar power ecosystem expands, traditional market forces are increasingly giving way to new players, innovations and business models that bring with them the promise of creating greater cost and operational efficiencies. In this […]
Andhra Pradesh made headlines in April when the tariff in the latest round of bidding conducted by NTPC for a 250 MW solar park project in the state touched Rs 3.15 per kWh. French company […]
An increasing number of conventional power generation companies are foraying into the renewable energy space. With the government’s focus on renewable energy development and better access to financing, there is now greater ease of entering […]
In a major financial boost to India’s commitment to achieve 175 GW of installed renewable energy capacity by 2022 and reduce the carbon intensity of its GDP by 30-35 per cent by 2030, two of […]
The Indian solar power industry has grown in leaps and bounds, especially in the past five years. From a cumulative installed capacity of 160 MW in 2010, India has reached an incredible 8.06 […]
In October 2015, India unveiled its climate action plan or Intended Nationally Determined Contribution. The country has committed to source 40 per cent of its installed capacity from non-fossil fuel sources by 2030, which is […]
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