Tags: India

India extends INR 500 crore line of credit to Cuba for financing solar parks

India has extended a line of credit of USD 75 million (over Rs 500 crore) to Cuba for financing solar parks.An agreement signed between Export-Import Bank of India (Exim Bank) and Banco Exterior De Cuba in July last year came into effect from December 12, the RBI said in a statement on Thursday. Banco Exterior […]

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India taking continuous initiatives to develop clean energy: Harsh Vardhan

Union Minister Harsh Vardhan on Monday said that India has continuously taken initiatives and shown leadership qualities for developing clean energy and counter climate change. “India has continuously taken initiatives and shown leadership qualities for working towards clean energy. We have developed an incubator in Delhi which will help in clean energy testing. Prime Minister […]

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India, Saudi Arabia ink 12 agreements in sectors including renewable energy

India and Saudi Arabia on Tuesday signed 12 MoUs and agreements in key sectors including defence industries collaboration, renewable energy, security cooperation and civil aviation. The agreements were signed in the presence of Prime Minister Narendra Modi and Saudi Crown Prince Mohammed bin Salman. The two countries signed a Strategic Partnership Council agreement to further […]

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India sees rise in solar photovoltaic employment: IRENA

India saw expand in solar photovoltaic employment in 2018, while China, the US, Japan and the European Union lost jobs, the International Renewable Energy Agency (IRENA) said on Thursday. In total, 11 million people were employed in renewable energy worldwide in 2018, up from 10.3 million in 2017. As more and more countries manufacture, trade […]

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Bancha in MP becomes first solar kitchen only village in India

Bancha in Betul district is the first village in India to have zero wooden stoves and almost no use for LPG cylinders with all its 75 houses relying on solar-powered stoves to meet their cooking needs, claims social activist Mohan Nagar. “There are places in India where solar plates are used sporadically for cooking, but […]

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Here is why solar installation in India went down by 49 percent

According to a report solar installation in India during January-March period of this year stood at 1,737 megawatt (MW), registering a year-on-year decline of 49 per cent. The report states that solar installation was down mainly because of difficulty faced by installers in getting the required approvals due to general elections. The installations were at […]

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India and Bhutan finalizes Mangdecchu hydro project’s power tariff protocol

India and Bhutan has finally signed tariff protocol for the output of 720 MW Mangdechhu hydro project. The Protocol was signed between both the countries on 23rd April, 2019 by Dasho Yeshi Wangdi, Secretary, Ministry of Economic Affairs, RGoB and Ajay Kumar Bhalla, Secretary, Ministry of Power, GoI. Prior to this protocol finalization, basic tariff […]

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Cabinet approves Renewable Energy Agreement between India and Denmark

The Union Cabinet, chaired by the Prime Minister Narendra Modi, has given its approval for a Cooperation Agreement between Ministry of New and Renewable Energy of India and Ministry for Energy, Utilities and Climate of the Kingdom of Denmark on strategic sector cooperation in the field of Renewable Energy with a focus on Offshore Wind […]

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India, Germany agree to provide financial support to climate conservation projects

India and Germany on Wednesday agreed to provide financial support to climate conservation projects aimed at reducing greenhouse gas emissions, promoting renewable energies and sustainable forest management in India. Addressing the third Indo-German Environment Forum in New Delhi, German Federal Minister for Environment, Nature Conservation and Nuclear Safety, Svenja Schulze said, “India is an important […]

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