India is one of the biggest adopters of solar power, with growth in solar power rising to four times to what it was just four years ago.
Foreign firms will bag major upcoming contracts for solar energy projects, leaving local companies in the lurch because of the terms and conditions of the upcoming auctions, Indian developers including the Adani and Hero groups have complained.
Emission of greenhouse gases that lead to global warming and climate change would be reduced by 20-25% in India by 2020 and 33-35% by 2030, Union minister for environment, forest and climate change Harsh Vardhan said.
Deputy CM Sushil Kumar Modi said on Sunday the power plants at Pirpainti in Bhagalpur and Kajra in Lakhisarai, which were initially proposed to be coal-based thermal power plants, would now be solar power plants.
In a noble gesture, an NRI couple intent on serving society has set up a charitable trust aimed at providing solar power solutions to villages in and around Karaikudi, which is the bastion of the Nagarathar community.
“Three countries are leading the renewable energy revolution”, said a headline on the World Economic Forum (WEF) website, and hold your breath – the flags of China, US and India follow on a graphic
India and Cuba have agreed to enhance cooperation in biotechnology, renewable energy and traditional medicine as President Ram Nath Kovind held wide-ranging talks with his Cuban counterpart Miguel Diaz-Canel to further cement the strong bilateral ties.
German utility RWE is earmarking 1.5 billion euros ($1.75 billion) a year for investments in green energy following a deal to break up its Innogy unit, its chief executive told a German newspaper.
The wind and solar industries hope demand for carbon-free power from U.S. cities, states and corporations can offset headwinds from President Donald Trump’s tax policy and tariffs, developers said this week.
Union Minister RK Singh today said the government will bring single solar bid of 1 lakh MW, which would also include storage and solar equipment manufacturing components.