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BP dedicates $70m to UK-India Green Growth Fund
giant BP has actually announced it will certainly invest $70 million in the UK-India Green Growth Equity Fund (GGEF) this year. The cash will certainly support
Jul 9, 2020 // Markets & Finance News, India, United Kingdom, Europe, Asia, bp, Dev Sanyal, Dhanpal Jhaveri, Sashi Mukundan, GGEF
Mercedes-Benz Unveils Made-in-India EQS Electric SUV
has launched its second Made-in-India electric vehicle, the EQS SUV 580 4MATIC, priced at Rs 1.41 crore. Manufactured at the Pune plant, this SUV
Sep 17, 2024 // Transport, India, Asia, Mercedes-Benz
GoodWe Hits 1.5 GW Milestone in India
as an indicator of the goodwill and also count on the brand name has gained in India for its top quality as well as efficiency. With its offerings in the utility
Mar 16, 2022 // Markets & Finance News, Inverters, India, Asia, GoodWe, Anil Bhat, awnish pandey, darshan kumar jain, India sales milestone, vipin bharadwaj
ACME, Norfund Alliance for Renewable Energy In India
business will certainly invest with each other in renewable energy projects in India. Norfund is the manager of Norwegian Climate Investment Fund (NCIF) and also
Jan 27, 2023 // Markets & Finance News, ReNew Power, energy transition, acme, green energy, norfund, carbon emission, KLP, Mark Davis, Norwegian Climate Investment Fund, Manoj Upadhyay, NCIF
NSEFI Allies with SolarPower Europe For India Particular 'solar release guidelines'
National Solar Energy Federation of India (NSEFI) and SolarPower Europe have actually collectively published the most effective method standards for
Jun 10, 2022 // Markets & Finance News, EPC, India, Walburga Hemetsberger, Asia, NSEFI, Engineering
India's $9 Billion Rooftop Solar Push to Energize Millions
India plans to invest $9 billion to power 10 million homes with rooftop solar panels in an effort to boost the country's renewable industry. The sluggish deployment of rooftop systems has raised doubts about India's target of quadrupling solar power generation capacity by the end of the decade. Prime Minister Narendra Modi aims to accelerate the solar-power rollout through subsidies and cheaper loans. The installations will also allow users to sell surplus electricity back to the grid, providing each household with 300 kilowatt hours of free power per month.The investment is part of Modi's plan ahead of the upcoming national elections, where he is seeking a third term as prime minister. India aims to install 40 gigawatts of rooftop solar capacity by 2026, following a strategy similar to China's to drive down energy prices. However, the cost of installations has been a barrier for small households, and the loan rates offered by banks may still be too expensive for many households. How is India planning to boost its renewable industry and achieve its solar power generation target? India plans to invest $9 billion to power 10 million homes with rooftop solar panels. Prime Minister Narendra Modi aims to accelerate the solar-power rollout through subsidies and cheaper loans. The installations will allow users to sell surplus electricity back to the grid, providing each household with 300 kilowatt hours of free power per month. The investment is part of Modi's plan ahead of the upcoming national elections. India aims to install 40 gigawatts of rooftop solar capacity by 2026. India is following a strategy similar to China's to drive down energy prices. The cost of installations has been a barrier for small households. The loan rates offered by banks may still be too expensive for many households.
Feb 14, 2024 // Rooftop PV, India, Asia
India, Germany Look To Raise Renewable Energy to 500 GW by 2030
Indian Government officials met Jochen Flasbarth, State Secretary of the Ministry for Economic Cooperation and Development, Germany, in New Delhi as well as
Apr 26, 2022 // Markets & Finance News, clean energy, Germany, India, Europe, Asia, narendra modi, Jochen Flasbarth, Harsh Vardhan Shringla
Leading 10 Rooftop Solar States by Installed Capacity in India
of states with the greatest set up roof solar power generation capability in India. It's complete roof solar ability as on February 29, 2020, stood at 468.9
May 8, 2020 // Plants, Large-Scale, Commercial, Rooftop PV, India, Asia, rooftop PV
Solarpack's Ganeko Hybrid Project Secures 25-Year PPA in India
agreement (PPA) for a 482-MW solar and wind hybrid project in Gujarat, India. The PPA was awarded by Indian state-owned company SJVN Ltd, with
Jun 14, 2024 // Plants, Large-Scale, Commercial, India, Asia, Solarpack
Enphase as well as Salcomp showcase Make in India partnership for solar microinverters
of microinverter-based solar-plus-storage systems, today showcased its India manufacturing device, set up in partnership with Salcomp-- a world-leading
Mar 1, 2022 // Inverters, microinverters, Enphase, Make in India, manoj gopal nair, salcomp, sasikumargendham, Sunil Thamaran
EDEN Renewables India Adds 1.35 GW of new Solar Plants to its Profile
globe leaders in renewable energy, have actually revealed that EDEN Renewables India, their similarly possessed joint endeavor dedicated to the Indian solar
Oct 1, 2020 // Plants, Large-Scale, Commercial, India, Total Eren, SECI, Asia, EDF Renewables, NHPC, solar projects, Frédéric Belloy, Fabienne Demol
Enphase To Develop Installer Network In India
and has strategies to preserve its reputation with its established network in India too. Becoming part of the EIN network will certainly give selected installers
Jun 3, 2021 // Inverters, India, Asia, Enphase, EIN
India Extends US$75m credit for solar parks in Cuba
with a credit line of $75m for backing photovoltaic farms. Cuban BEC and Indian Exim Bank inked the agreement half a year ago. It became effective on the
Jan 7, 2020 // Markets & Finance News, India, Asia, North America, Cuba, LoC
International Finance Corporation Will Finance 600MW Solar Power Park in India
an organization of the World Bank that focuses on private sector funding, in India. Based on the reports, the solar power park project will be based in the
Mar 16, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, India, Solar Energy, Asia, international finance corporation, ifc, mnre, Renewable Energy, Solar Park, RE, Uttar Pradesh, TUSCO, Ultra Mega Solar Parks
NLC India Seals PPA for 810-MW Solar Park in Rajasthan
India’s state-run NLC India Renewables Limited (NIRL) has landed a milestone power-purchase agreement for the entire output of an 810-megawatt solar park it plans to build near Pugal in Rajasthan’s sun-drenched Bikaner district. The deal—inked with state utility Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL)—marks NIRL’s largest photovoltaic undertaking to date and tightens the utility’s grip on India’s fast-expanding clean-energy market. Why it matters Record-scale project: At 810 MW, Pugal Solar Park will vault NIRL past the gigawatt-scale threshold of solar capacity once completed, underscoring the company’s shift from lignite power toward renewables. Heavy-duty output: Engineers expect the plant to produce roughly two billion kilowatt-hours of electricity a year—enough to light more than 600,000 average Indian homes—while avoiding about 1.5 million tonnes of CO₂ annually. Government push: The site forms part of India’s Ultra Mega Renewable Energy Power Parks (UMREPP) programme, an initiative designed to de-risk large projects by bundling land, permits and transmission access. Competitive tariff: NIRL won the project in an RVUNL-run reverse auction, signalling continued price pressure in India’s solar market even as module costs fluctuate. Tariff details were not disclosed but are thought to be below INR 2.60 per kWh. 2030 roadmap: Chairman-managing director Prasanna Kumar Motupalli said the agreement moves the group “meaningfully closer” to its target of installing 10 GW of renewable capacity by the decade’s end, complementing its legacy lignite mines and thermal plants. Next stepsConstruction is slated to begin once financial closure is achieved later this year, with phased commissioning expected from late 2026. Pugal’s desert location offers one of the nation’s highest solar-irradiation levels, though engineers must contend with extreme summer heat and frequent sandstorms. Grid integration will occur via a dedicated 400-kV substation, easing congestion on Rajasthan’s already renewable-heavy transmission corridors. Analysts say successful execution could cement NLC India’s status as a serious player beyond its traditional strongholds in Tamil Nadu and Odisha, while granting RVUNL a sizable slice of price-stable, zero-carbon power. For Delhi policymakers, the project is another building block toward the national goal of 450 GW of renewables by 2030—proof, they argue, that India’s clean-energy pivot is gathering speed even as coal remains in the mix for grid stability.
May 7, 2025 // Plants, Large-Scale, Commercial, India, Asia, PV Power Plant, NLC India