West Bengal seeks central funding for pumped storage project

The government of the east Indian state West Bengal has asked the central government to partly fund a 1-gigawatt pumped-storage hydroelectric project. The system to...
Clean energy grid India

India okays clean energy pacts with US, France, Mongolia

The union cabinet on Wednesday endorsed, retrospectively, the agreements India signed with the US, France and Mongolia to promote clean energy through new and...
Australia_Renewables

Iranian, Spanish companies sign pact for renewable energy development

Iran’s state-run company SUNIR (Iran Power & Water Equipment and Services Export Company) and Spanish company Bester have signed an agreement for technical cooperation...
Renewable energy cities

NCEF likely to get $2.05 bn coal cess in 2015–16

Coal cess to the tune of Rs163.88 billion (about $2.57 billion) was collected into National Clean Energy Fund (NCEF) till 2014-15. Of this, the NCEF garnered Rs...
Northeast_Hydel_Project

Northeast raising hydel power capacity with six projects

States of Indian Northeast and Sikkim are getting sixteen hydropower projects, of which 11 are being developed by the private sector. According to DoNER Minister...
Mozambique_Renewable_Energy

India, Mozambique sign MoU for cooperation in renewable energy

India and Mozambique have signed a memorandum of understanding (MoU) aimed at improving cooperation in new and renewable energy sector. The countries have maintained profitable...

YES Bank gets $49.4 mn investment in green infrastructure bonds

YES Bank, an Indian private sector bank, has received International Finance Corporation’s (IFC’s) support to raise INR3.19 billion ($49.4 million) from its green infrastructure...
Afghanistan_Clean_Energy

Afghanistan invites Indian investors to support clean energy development

Afghanistan is looking for investment from other countries, particularly its neighbor India, to develop its clean energy sector. The sector holds “tremendous potential” for...

CESC to invest Rs 3,000 crore in renewable energy

R.P.-Sanjiv Goenka Group-owned power utility CESC Ltd. has posted a net profit of Rs.152 crore for the quarter ended June 30, as compared to...

Google to triple its purchase of clean energy over next decade

Global search giant Google has pledged to increase its purchase of power from renewable energy-based projects by three times in the next decade. According to...

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