Tagged: Renewable

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...

Solar power start-up expanding

Working on making clean energy accessible for all, the city-based start-up, Red Solar, is on an expansion mode. Founded by Rajesh Varma and Venkatesh Majji in January last with a capital investment of Rs....