Like all other major state-owned companies in India, the Indian Railways has also been tasked with setting up large-scale solar power projects across the country. Indian Railways is planning to set up 1 GW of solar power capacity over the next few years and is currently working on a plan to … [continued]
Close on the heels of announcing Ultra Mega Solar Power projects of 21,000 MW, The Cabinet Committee on Economic Affairs (India) has approved another scheme for installation of 1,000 MW of grid-connected solar power projects by Public Sector Undertakings (PSU) and government organisations. This capacity is planned to come up during 2015–2018, and will … [continued]
India has managed to generate $2.85 billion in revenue from clean energy cess (taxes) it had introduced in 2010, essentially a coal tax. India’s plans to significantly boost renewable energy infrastructure over the next few years has got a shot in the arm as the government recently announced that it … [continued]
Taking inspiration from Gujarat’s Charanka Solar Park, during the 2014–15 financial budget, India’s Finance Minister had amongst other things announced a fund of Rs5 billion ($80 million) in order to promote Ultra Mega Solar Power Projects (UMSPP) across states with good solar potential. Accordingly, the Ministry of New and Renewable Energy (MNRE) had prepared a draft scheme for … [continued]
India’s Ministry of New and Renewable Energy is seeking funds to significantly increase India’s rooftop solar power capacity under the National Solar Mission. The ministry has approached the German development bank KfW for funding worth €1 billion to expand the rooftop solar power infrastructure in India. The plan is part of … [continued]
Growth in India’s renewable energy sector has accelerated at a rapid pace over the last few years through the support of favourable policy initiatives. In order to sustain this growth momentum India needs to implement innovative financing initiatives and ensure strict adherence to existing policies. A series of reports released … [continued]
Coal India Limited, the world’s largest coal company, will invest in solar power plants in reaction to government policy and environmental activism.
22,000 MW solar power capacity by 2022, a dedicated national-level program for promoting wind energy generation, implementation of the world’s largest solar power projects (with capacity of up to 4,000 MW), covering canals with solar panels, implementing dedicated transmission corridors for distributing electricity from renewable energy projects, and cleaning one … [continued]
Solar energy would be high on the agenda of a government led by Narendra Modi. This notion was clear even before the first ballots were cast in the world’s largest election that concluded earlier this year. India’s 14th Prime Minister has now taken the first steps to deliver on that … [continued]
Solar Energy Corporation of India (SECI) has announced yet another plan to boost India’s rapidly growing solar power capacity. SECI plans to set up a 1,000 MW solar photovoltaic (PV) park in the southern state of Andhra Pradesh. The project will get financial support from the Japanese International Cooperation Agency … [continued]
