Solar 101: Is my roof ready for solar?
In this series, we’ll break down the decision-making process into bite-sized pieces so you can navigate the process and feel good about your choices.
Green taxonomy first step towards building a resilient society
The second wave of Covid-19 reminds us to build a resilient society. Climate Change, not unlike Covid-19, will deliver devastating effects to our planet and disrupt our way of life. So, in this climate decade, India must channel investments into sustainable activities. The first step is to construct a robust “green taxonomy” – a green list of sustainable activities.
ReNew Power’s US$ 585-million green bonds list on India INX
The renewable energy producer plans to utilize the capital raised to repay outstanding debt. The bonds, with a maturity period of 7.25 years, carry a 4.5% per annum rate.
SwitchON, PNB sign MoU for solar pump financing
Under the partnership, the West Bengal-based not-for-profit organization shall set up a guarantee fund to facilitate the financing of solar pumps for unbankable small and marginal farmers without having to offer any collateral.
Cabinet extends manufacturing incentive program to solar modules
The national production-linked incentive scheme introduced to encourage domestic manufacturing will now encompass solar. The PV policy will offer increased rewards for the production of more efficient panels and for Indian content.
Waaree Energy Storage System secures seed funding of US$2 million
The energy storage manufacturer will use the funds to expand its manufacturing capabilities, and aid product development with emphasis on smart Internet of Things (IOT) based batteries and telematics.
Tata Power and Social Alpha invest in energy analytics startup ‘Urja’
The startup has developed an industrial Internet of Things-enabled sensor and analytics solution that allows manufacturing and power industries to track device-level energy wastage in real time.
JICA extends 10-billion yen support for renewable energy projects in India
Japan International Cooperation Agency has signed an agreement with Tata Cleantech Capital to mobilize JPY 10-billion debt fund for projects across renewable energy, e-mobility, and energy efficiency sectors.
India’s rooftop solar installation still dismal at 3.9 GW
Rooftop solar, at 3.9 GW, accounts for only around 10% of the cumulative grid-connected solar capacity installed by the nation as of February end this year.
India’s $122bn energy stimulus spending may benefit fossil fuels most
A report says India’s energy investment commitments over the last 14 months largely feature measures for power transmission and distribution that could benefit greenhouse-gas-producing fuels more than renewables.
