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Corporate solar power funding jumps 34% to $9 billion in 2019By : Sustainability ..., Oct 10, 2019
Global corporate funding in the solar power sector jumped 34 per cent to $9 billion in the first nine months of 2019, according to clean energy consulting firm Mercom. In the third quarter ended September, solar funding more than doubled to $3 billion from $1.3 billion in the... Read more.. |
India: Shell joins the solar boom with acquisition of Orb EnergyBy : Sustainability ..., Oct 10, 2019
Global oil major Shell has taken another step towards India’s growing renewable energy market by purchasing a 20% stake in Bangalore-based Orb Energy, a company that provides credit to small and medium-sized enterprises (SMEs) to install rooftop PV. Founded in 2006, Orb... Read more.. Subject Tags: biofuels , hydrogen , Renewable Energy , renewable energy market , rooftop PV , Shell , Solar boom |
ReNew load shedding sees 300MW of solar assets put on the blockBy : Sustainability ..., Oct 9, 2019
ReNew Power, which until recently was a major acquirer of renewable assets in India, has put 300 megawatts (MW) of solar assets on sale as the company tries to cope with rising uncertainty in the industry, two people aware of the development said. The move to raise capital... Read more.. Subject Tags: green energy utility , ReNew Power , Renewable Energy , renewable energy sector , Solar Assets |
Minister to ask states to uphold PPAs with green energy firmsBy : Sustainability ..., Oct 7, 2019
Union power minister RK Singh will urge state governments to uphold the sanctity of contracts signed with renewable energy companies and speak about the impact of reneging from agreements when he addresses power ministers of states this week. Singh will emphasise at the... Read more.. Subject Tags: green energy firms , power purchase agreements , Renewable Energy , solar contracts , wind contracts |
Policy blues, tariff caps may curtail renewable energy capacity additions: reportBy : Sustainability ..., Oct 7, 2019
Due to policy uncertainty and tariff glitches, the country’s installed capacity in renewable energy (RE) could increase by just 40 GW to 104 GW by fiscal 2022 from 64.4 GW in fiscal 2019, ending about 42 per cent short of Government’s target of 175 GW. The sector has... Read more.. |
Solar energy: 29 govt colleges pay zero sum on electricityBy : Sustainability ..., Oct 7, 2019
Taking a major leap in harnessing solar power, state’s 29 government colleges are fulfilling their 100% power needs through solar energy. The solar panels were set up in these colleges in 2017-18 under the previous government to reduce expenditure on power. Until last year,... Read more.. |
Shell buys stake in India and Kenya-focused rooftop solar firmBy : Sustainability ..., Oct 4, 2019
Oil major Shell has made another foray into Indian renewables by acquiring close to a 20% stake in Bangalore-headquartered Orb Energy, which provides credit to small and medium-sized enterprises (SMEs) to install rooftop PV and lower power costs. Last year, Shell and European... Read more.. Subject Tags: affordable energy , Cleantech Solar , Renewable Energy , rooftop PV , rooftop solar system |
Bloom Energy and EnergyPower to Supply Reliable, Renewable, Zero Carbon Electricity From India’s BioWasteBy : Sustainability ..., Oct 4, 2019
EnergyPower will be deploying a new agricultural and municipal waste digester combined with Bloom Energy’s solid oxide fuel cell technology to deliver reliable, renewable power to customers in the Shirala district, Maharashtra. Anaerobic digesters will be used to breakdown... Read more.. |
Policy stability at state level must to boost renewable projets: ReNew CMDBy : Sustainability ..., Oct 4, 2019
Policy stability, particularly at the state level, is a must for boosting installation of clean energy capacity in the coming days, a top official of ReNew Power said on Thursday. His comments have come against the background of Andhra Pradesh seeking to renegotiate tariff... Read more.. |
US seeks greater involvement in Indian renewable energy sectorBy : Sustainability ..., Oct 4, 2019
A multi-institutional delegation from the US has arrived here to seek greater involvement in the Indian energy sector. The team consisting of Francis Fannon, a senior US State Department official on energy, the US government’s aid arm and its energy regulator and ministry... Read more.. |