Tagged: Renewable

Role of EVs in achieving solar power dreams

India has set itself an ambitious target of reaching 175 GW of renewable energy capacity by 2022, of which 160 GW is from solar and wind power. This translates to 30% of India’s total...

Initiatives for Clean and Green Indian Navy

On February 12, 2017, INS Sarvekshak, a survey ship of the Indian Navy had completed installation of a 5KW solar power system on board [1]. It is estimated that in this project, the profit generated...

Azure Power to Issue India’s First Solar Green Bond

Azure Power Energy Ltd, a wholly owned subsidiary of Azure Power Global Limited (NYSE: AZRE), a leading independent solar power producer in India, will issue an inaugural US$500,000,000 green bond offering, maturing in 2022...

World Bank Loan for Solar Projects

World Bank financing of USD 100 Million for development of internal infrastructure of solar parks has been planned by Indian Renewable Energy Development Agency Ltd. (IREDA) under the aegis of Ministry of New & Renewable Energy....

USAID & ADB Sign MoU to Develop Solar Parks in India

The U.S. Agency for International Development (USAID) and the Asian Development Bank (ADB) have signed a Memorandum of Understanding to facilitate $848 million (Rs. 5,681 crore) in funding to develop solar parks across India....

Tamil Nadu to tax rooftop solar, cut support

CHENNAI: At a time when the popularity of solar power as a cheap source of energy is growing, the state-owned power utility has come out with a proposal that will reduce the return on...

South Korea Just Announced a Major Energy Policy Move

South Korea’s President Moon Jae-in has announced a turnaround in the country’s energy policy, which is now headed toward a greener future. By 2030 the country  (which currently gets 70 percent of its electricity from...