The state cabinet on Wednesday granted its approval to the implementation of the Goa State Solar Policy, 2017, to facilitate generation of solar power in the state.
Reaffirming its green credentials, the International Finance Corporation (IFC) has made an equity investment of USD 15 million in CleanMax Solar.
India’s renewable energy expansion is set to overtake that of the European Union for the first time by 2022. The installed renewable energy generation capacity in the country would also double by then, says a report titled ‘Renewables 2017’ released by the International Energy Agency.
Nettlinx Limited, a city-based internet infrastructure company today announced acquisition of a controlling 51 per cent stake in Sri Venkateswara Green Power Projects Limited, a firm involved in developing and implementing a viable and environmentally sustainable 12 MW power plant, a renewable energy project.
Green power is driving the growth in India’s electricity generation as total installed solar capacity, including rooftop and off-grid projects, has crossed 10 gigawatts (gW), latest government and market data show.
Orient Green Power Company (OGPL) has announced that its board has approved exclusive discussions with IL&FS Wind Energy to evaluate a potential merger of the wind energy generation businesses of both entities.
Infrastructure Leasing and Financial Services (IL&FS) is in advanced talks to merge its wind energy assets with Chennai-based listed Orient Green Power BSE 4.17 %.
With an eye on green power and after kick starting solar power generation supported by viable programs, the government