The expansion is a grid-tiled rooftop solar PV system, generating 750,000 kWh of electricity every year. The project has been sanctioned and approved by the Solar Energy Corporation of India (SECI), which has provided 30 percent subsidy to the project.
India’s massive effort towards renewable energy has resulted in considerable drop in solar price and the country now believes that the solar power is cheaper than coal without subsidy, US lawmakers have been told.
Governments will try to bolster a 2015 pact to combat climate change at annual talks in Germany from Monday strained by President Donald Trump’s plan to pull out and instead promote the U.S. coal and oil industries.
Finance Minister Arun Jaitley on Thursday said more and more multilateral institutions and development banks need to join hands with the International Solar Alliance (ISA) to promote renewable energy.
ISA And The EBRD Sign Joint Financial Partnership Declaration To Deepen The Cooperation In Support Of Renewable Energy
The International Solar Alliance (ISA) and the European Bank for Reconstruction and Development (EBRD) signed here today the Joint Financial Partnership Declaration in the august presence of the Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley with an objective to deepen the cooperation in support of Renewable Energy.
TPREL, Tata Power’s 100% owned renewable energy subsidiary, has commissioned a 30 MW solar plant, spread over 140 acres in Palaswade village in Maan Taluka, in Satara district located 350km south of Aurangabad city, Maharashtra.
Though India was a major inspiration behind the formation of the Gurugram-headquartered International Solar Alliance, the government’s earlier thrust on renewable energy seems to have abated, stakeholders say.
Hyderabad-based renewable power producer Greenko Group has raised INR 30 billion (USD 463m/EUR 397m) from issuing Indian rupee-denominated bonds.
The Consultative Committee attached to Ministries of Power and New & Renewable Energy met under the chairmanship of Union Minister of State (IC) for Power & New & Renewable , RK Singh in Guwahati today .
State Bank of India (BOM:500112), or SBI, on Monday announced it will extend INR 23.17 billion (USD 357m/EUR 307m) in financing 575 MW of grid-connected rooftop solar projects.