Renewable Energy

PM Modi Lays Foundation Stone for World’s Largest Renewable Energy Park at Kutch

PM Modi foundation Khavda Kutch Solar Park (1)

On 15th December 2020, prime Minister Shri Narendra Modi laid foundation of of the world’s largest Renewable Energy park in Gujarat’s Kutch. The Renewable Energy project will account for a large chunk of India’s ambitious target of generating 175 GW in renewable energy by 2022 and 450 GW by 2030.  In march 2020, India’s Ministry …

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What is Renewable Purchase Obligation – RPO and Renewable Energy Certificate – REC

RPO REC Green Energy Certificate Renewable Purchase Obligation

The concept of Renewable Energy Certificates (RECs) seeks to address mismatch between availability of renewable energy and the requirement of the obligated entities to meet their renewable purchase obligation (RPO) by purchasing green attributes of renewable energy remotely located in the form of RECs. The REC mechanism is a market based instrument, to promote renewable …

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Budget 2018-19 for Solar and Renewable Energy Sector

India-Renewable-Energy-Targets-FY2018-19

The much-anticipated Union Budget 2018-19 was tabled in Lok Sabha by Finance Minister Arun Jaitley on 1st February 2018. However the budget is lacking any great incentives or schemes for renewable energy sector. Due to the prevalent uncertainties, increasing costs of project development in the country and external competition, the industry was hopeful for a few subsidies …

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Yes Bank-EIB invest $400 million in wind and solar projects

Yes Bank-EIB invest $400 million in wind and solar projects

Yes Bank and the European Investment Bank will co-finance USD 400 million funding for renewable power generation in the country. “The new financing programme will streamline financing for a range of renewable energy projects being built and operated by leading Indian corporations and private sector developers,” Yes Bank and EIB said in a joint statement issued here today. Of the …

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Shapoorji Pallonji Group in talks to sell off 400 MWp Indian Solar portfolio

Shapoorji-Pallonji-Group-in-talks-to-sell-off-400-MWp-Indian-Solar-portfolio

The consolidation exercise continues in India’s green energy space with diversified conglomerate Shapoorji Pallonji Group in stake sale talks for its solar power project portfolio. The privately-held SP Group, which had $5 billion in revenue in 2016, is seeking a financial investor given that financing at the lowest cost holds the key to success. This …

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Earth Then and Now: Global Warming in Pictures

If you compare some of the photographs which can be found on NASA’s website, you can really see how human beings have changed the appearance of our world over the years. The time difference between these following images ranges from five to 100 years. 1. Pedersen Glacier, Alaska. Summer, 1917 — summer, 2005 2. Lake Oroville, California. July, 2010 — August, 2016 3. McCarty Glacier, …

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