Latest Renewable Energy Sector News & Updates

New Delhi, May 20 (IANS) An estimated $110-120 billion investment is expected to flow into the Indian renewable energy sector in the next few years, primarily for solar and wind projects, a new report showed on Wednesday.By 2030, the upcoming solar and wind projects would translate into $10–15 billion opportunity in land aggregation and acquisition. This growth outlook is led by the government’s definitive targets to transition to cleaner and greener energy sources in its bid to become net z…

Amaravati, Jan 23 (IANS) Andhra Pradesh Chief Minister N. Chandrababu Naidu on Friday asked banks to provide loans extensively to the renewable energy sector, saying the Central and state governments are giving top priority to the sector.Stating that power distribution companies (DISCOMs) are also providing counter-guarantees, he urged bankers to take the initiative in providing loans to the renewable energy sector.Presiding over the 233rd and 234th meetings of the State Level Bankers’ Committ…

Imphal, Dec 29 (IANS) Moirangthem Seth, founder of SNL Energy Solutions Private Limited, on Monday said that Prime Minister Narendra Modi’s recognition of grassroots innovators is a strong boost for clean energy efforts and innovation coming from remote parts of the country. Speaking to IANS, Seth said such mentions help bring real development stories from places like Manipur into the national spotlight.Seth, who runs his solar enterprise from Yairipok Bhamon Leikai in Manipur’s Thoubal dist…