U.S. Begins Year-Long Withdrawal Process from Paris Climate Change Accord

U.S. Begins Year-Long Withdrawal Process from Paris Climate Change Accord

The United States government has said that it has submitted its formal notification of withdrawal from the Paris Climate Change Agreement to the United Nations, starting the one-year-long process. President ...
Budget 2019 Provides Impetus to India’s Transition to E-Mobility and EV Manufacturing

Budget 2019 Provides Impetus to India’s Transition to E-Mobility and EV Manufacturing

In the latest Union Budget for FY 2019-2020, the Modi government 2.0 has provided strong support to the nascent electric vehicle industry with the announcement of tax incentives to speed ...
Decrease in Cost of Solar by 50% can Increase Solar Penetration by 8 Times: NITI Aayog

African Development Bank Approves $220 Million Loan for a Solar Project in South Africa

The African Development Bank (AfDB) has approved a senior loan of ZAR 3 billion (~$220.3 million) to the 100 MW Redstone concentrated solar power project. The project is located in the ...
/ / Markets & Policy, Solar
MNRE to Spend $10 Million to Foster Clean Energy Awareness

MNRE to Spend $10 Million to Foster Clean Energy Awareness

The Ministry of New and Renewable Energy (MNRE) is planning to spend ₹660 million (~$10.3 million) over the next two financial years on increasing renewable energy awareness in India. “The ...
/ / Markets & Policy, Solar
Solar Renewable Energy Certificate Trade Volume in 2016 Surpasses Last Year's Numbers

Solar Renewable Energy Certificate Trade Volume in 2016 Surpasses Last Year’s Numbers

Solar Renewable Energy Certificates (RECs) started trading in India in 2012 and have been growing steadily since the first year trading volume of 6,288. In 2014, there was a slight ...
/ / Markets & Policy, Solar