Tags: renewable energy

MNRE issues advisory against fake websites under KUSUM scheme

The Ministry of New & Renewable Energy (MNRE) has warned public against fake websites under KUSUM scheme. MNRE notes that “It has been noticed that few websites have cropped up claiming to be registration portal for KUSUM Scheme. Such websites are potentially duping general public and misusing data captured through fake registration portal. “ The […]

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Private firms, NGOs appeals political parties to include renewable energy in manifestos

A total of 160 private companies and NGOs on Monday made an appeal to all political parties to include decentralised renewable energy solutions in their manifestos for the general elections. The appeal was signed by Panasonic India, Barefoot Power, CSIR-NEERI, Observer Research Foundation, Prayas Energy Group and several others. The appeal was sent on behalf […]

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L&FS Group to receive first set of bids under asset monetization

Cash-strapped IL&FS Group will receive first set of bids under asset monetization process on Monday as part of resolution process, according to sources. The company’s board will later consider bids for Rs 8,000 crore renewable energy business that was put on the block in November 2018, the sources said. This will be the first set […]

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Siemens acquires KACO’s string inverter business

Siemens has announced acquisition of the string inverter business of the KACO new energy GmbH for an undisclosed sum. The project development and EPC activities are not part of the acquisition. The closing of the transaction is expected in the first half of 2019. KACO new energy, headquartered in Neckarsulm, Germany, is active in more […]

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ReNew Power raises USD 375 million via green bonds

Clean energy firm ReNew Power on Thursday said it has concluded a green bond issue of $375 million, which would be used for capital expenditure on green projects and refinancing external commercial borrowings. The five-year non-call two notes were offered at a yield of 6.67 per cent per annum, a company statement said. The bond […]

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Investment in off-grid energy sector surpassed $500 million in 2018: Wood Mackenzie

Total annual investment in the off-grid energy access sector surpassed $500 million in 2018, according to a new report from Wood Mackenzie Power & Renewables and Energy 4 Impact. ‘Strategic investments in off-grid energy access: Scaling the utility of the future for the last mile‘ highlights the rapid acceleration in investment across the energy access sector. […]

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India on track to achieve Paris climate change agreement target: US expert

India, which is successfully pushing its aggressive policy of adding renewable energy to its energy profile, is projected to be on track to achieve its target set under the historic Paris climate change agreement, a top US energy expert has said. Testifying before a Congressional Committee on Paris Climate Change Agreement Commitment, energy expert from […]

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Cabinet apprised of MoU between India, Tajikistan in the field of Renewable Energy

The Union Cabinet chaired by Prime Minister Narendra Modi was apprised for the Memorandum of Understanding (MoU) between India and Tajikistan on Cooperation in the field of Renewable Energy. The MoU was signed on 8th October, 2018. Benefits: The MoU will enable establishment of a basis for a cooperative institutional relationship between India and Tajikistan to […]

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Chief Minister of Assam lays foundation stone of 70 MW Solar Park

Chief Minister of Assam, Sarbananda Sonowal on Wednesday laid the foundation stone of a 70 MW Solar Park at Japisajia village of Amguri in Sibsagar district. The state is promoting solar to boost power production and promote green energy in the state. According to ET the 70 MW solar will be set up on 340 […]

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