With an investment of $90 billion in renewables, India leads the list of developing countries in the list of top 20 countries New Delhi: India has so far committed a mammoth $90 billion investment in the renewable energy sector and is fast emerging as a leading investor for green energy projects, according to United Nations […]
Energy project financier PFS to raise Rs 4,000 cr from various investors in FY20
Renewable energy sector has been doing quite well and the company’s 60 per cent exposure is in the sector. As of now, the company has zero stress, Pawan Singh, MD and CEO of PTC India Financial Servicestold in an interview. New Delhi: Energy project financier PFS is planning to raise up to Rs 4,000 crore […]
Vietnam shoots past renewable energy target
Renewables account for 9 percent of Vietnam’s energy mix now, already surpassing the target of 7 percent set for 2020. As of July the country’s solar energy capacity was 4,543 megawatts (MW) and wind power capacity was 626.8 MW, Le Hai Dang, a strategy board member at Vietnam Electricity (EVN), said at the opening of […]
Green finance for renewable energy
HÀ NỘI : Renewable energy has great potential to meet growing demand if it has appropriate policies and financial support. The statement was made by Simon James, Climate Change and Energy Adviser at World Wildlife Fund (WWF) in Việt Nam, at a conference held in Hà Nội on Wednesday. The workshop aimed at updating the […]
Competition to find out innovations on renewable energy to begin next month
The Centre for Research and Information (CRI), Power Cell, Power Division, Ministry of Power, Energy and Mineral Resources (MPEMR) and Green Delta Insurance Company Limited signed an MoU to that end on Monday in Dhaka. Young innovators will be able to submit their proposals online. A month-long activation events will be held in 15 university […]
Andhra High court reserves order on renewable contracts renegotiation
The Andhra Pradesh high court had on July 25 stayed the state government’s July 1 order in a case filed by renewable energy companies against renegotiation of all power supply contracts. New Delhi : The Andhra Pradesh government has reserved judgment in the case filed by renewable energy companies against renegotiation bid of the state […]
How payment delays, fear of tariff renegotiations hurt renewable energy projects
Discoms are large buyers of electricity in India and their revenue shortfalls have hit payments to power producers During 1 January-15 August, renewable energy projects in India Rating’s portfolio saw 25% more downgrades than upgrades Mumbai: India Ratings and Research Pvt Ltd downgraded its ratings outlook for the solar sector to stable from positive, citing […]
DEWA developing clean solar energy programme to drive Dubai growth
Integrated programme will allow a tenth of citizens’ homes to be self-sufficient in terms of water, food and energy Dubai is developing an integrated programme to build a comprehensive system that will allow a tenth of its citizens’ homes to be self-sufficient in terms of water, food and energy, mainly with the help of clean […]
India important actor in climate action, making fantastic efforts in renewable energy: UN chief
“India is a very important actor and “fundamental partner” in international efforts on climate action,” UN chief Antonio Guterres has said. UNITED NATIONS: India is a very important actor and “fundamental partner” in international efforts on climate action and is making a “fantastic effort” to grow its renewable energy basket, UN chief Antonio Guterres has […]
Dispute resolution panel for renewable energy projects to give decisions in 3 weeks: MNRE
The committee will hear all such cases of solar/wind projects being implemented through SECI as well as NTPC. New Delhi: The government will by next week make functional a resolution committee which would settle disputes of solar and wind energy projects beyond contractual agreements within 21 days, a senior official said. In June this year, […]