Solar's 1 million job bonanza
From a perennially energy-deficient state with a peak shortage of 14 per cent in 2010 to a peak shortage of less than one per cent in 2018, India has moved miles from the days of energy blackouts and frequent power cuts.
Power-packed M&A thrust
It can be a pure 'make-in-India' story in the making. Ever since the US has decided to pull out of the historic 'Paris Accord on Climate Change,' the weather for the renewable sector in the country is turning out to be exciting.
Despite its huge potential in a largely agrarian country, biomass lacks competitiveness in India. It is also meagre in comparison with the other green energy sources.
Imports of solar cells and modules on the upswing
Imports of solar cells and modules are on the rise, with in-bound shipments surging over three times to Rs.15,523 crore in 2015-16 from Rs.5,051 crore in 2014-15, Parliament was informed.
Banks, FIs provide over Rs.78,000 cr for clean energy projects
Banks and financial institutions (Fis) have sanctioned about Rs.78,830 crore funding for clean energy projects, of which Rs.33,482.83 crore has been released till March end this year, Minister of New and Renewable Energy Piyush Goyal informed the Parliament.
40percent of wind power capacity under cloud
Leading wind power producers are facing problems over payments and demand that affect close to 11,000 MW, or 40 per cent of the wind power generating capacity in the country.