Credit to Author: Saurabh| Date: Wed, 30 Mar 2022 16:00:50 +0000
Canada-based Brookfield Asset Management is looking to expand its footprint in India’s renewable energy sector. According to media reports, Brookfield is looking to acquire a ‘significant stake’ in Mahindra Susten, a solar power project developer and EPC contractor. The enterprise value of this deal is potentially worth Rs 70 billion ($925 million) with an equity […]
Credit to Author: Saurabh| Date: Wed, 16 Mar 2022 15:30:47 +0000
Welcome to another issue of our India x Cleantech series! On a monthly basis, we are pulling news from across clean technology sectors in India into a single, concise summary article about the country.
Credit to Author: Saurabh| Date: Mon, 14 Mar 2022 16:05:26 +0000
The International Finance Corporation (IFC) has agreed to fund development of a 600-megawatt solar power park in India. According to media reports, the IFC will provide funding for development of infrastructure at a solar power park in the state of Uttar Pradesh. The park is being developed by TUSCO — a joint venture company between […]
Credit to Author: Saurabh| Date: Mon, 14 Mar 2022 15:40:29 +0000
The Indian government is soon expected to launch a fresh tender to allocate subsidies for companies to set up solar cells and modules. According to media reports, the Ministry of New and Renewable Energy is expected to call for bids from companies interested in expanding existing or setting up new module manufacturing facilities. The government […]
Credit to Author: Smiti| Date: Thu, 27 Feb 2020 18:35:13 +0000
India is struggling to attract renewable energy companies to set up new projects. Multiple factors, like delays in setting up transmission support infrastructure, delays in payment by off-takers, threats of retrospective changes to power purchase agreements, and delays in regulatory approvals have pushed developers away from recent tenders
Credit to Author: Saurabh| Date: Tue, 18 Feb 2020 03:00:11 +0000
Welcome to another issue of our new India x Cleantech series! On a monthly basis, we are pulling news from across clean technology sectors in India into a single, concise summary article about the country
Credit to Author: Saurabh| Date: Mon, 17 Feb 2020 19:30:04 +0000
The Coronavirus crisis in China will likely have far-reaching ramifications across the world as manufacturing has slowed down sharply. Among the various sectors likely to feel the pinch of this spreading disease is the solar power sector
Credit to Author: Saurabh| Date: Sat, 01 Feb 2020 18:35:57 +0000
The Solar Energy Corporation of India (SECI) has successfully concluded world’s largest renewable energy-cum-storage tender. The agency allocated 1.2 gigawatts of renewable energy capacity among two of India’s leading developers
Credit to Author: Saurabh| Date: Tue, 21 Jan 2020 02:30:15 +0000
India witnessed a sharp rise in new coal-based power generation capacity last year, with dirty power plants accounting for 44% of the total new power generation capacity added in the country. The share is a huge increase from just 21% in 2017 and 25% in
Credit to Author: Saurabh| Date: Tue, 21 Jan 2020 00:30:14 +0000
India has added 50 gigawatts of renewable energy capacity over the last five years, a major achievement for the country in which two-thirds of its capacity still uses fossil fuels to generate electricity