A dramatic upsurge in demand for renewable energy from ambitious multinational companies was now shifting markets away from fossil fuels in more than 140 markets worldwide, a RE100 report said on Thursday.
India’s renewable energy space is turning out to be an attractive domain for foreign investors. In total, this sector has drawn $6.84 billion FDI from April 2000 to June 2018.
Chairperson of the Joint Electricity Regulatory Commission (JERC) M K Goel said the government is serious about promoting renewable energy. It is wrong to assume that JERC has vested interests in promoting thermal energy alone, he said.
Southeast Asia is a potential hotspot for renewable energy, yet the region has not met expectations because it lacks policy frameworks that would encourage investment, the International Renewable Energy Agency (IRENA) told Reuters.
Renewable energy (wind and solar) major Siemens Gamesa India has bagged two wind power orders from ReNew Power, totalling 176.8 MW.
Ambassador of France to India Alexandre Ziegler will head a delegation of over 100 French company leaders to Nagpur on November 2 to enhance France’s cooperation with India in all aspects of sustainable urban development.
India still has a long way to go to realize its renewable energy goals, said Joerg Gaebler, principal advisor of Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), an agency which works with the government of Germany for sustainable development.
In order to address the renewable energy sector’s anxiety stemming from low tariffs discovered in the recent auctions
Renewable energy firm ReNew Power Ltd said Monday it has won a tender for developing a 3 MW floating solar power project in Visakhapatnam, Andhra Pradesh.
Leap Green Energy is targeting to have an installed capacity of above 3,000 MW by 2019-20
Renewable energy developer Leap Green Energy announced it will raise $250 million as primary capital to fund its expansion plans. The company currently has operational wind energy capacity of 750 Megawatt (Mw) and 400 Mw of under-construction wind assets.