The Reserve Bank of India's (RBI) revised guidelines for Priority Sector Lending (PSL) have helped ease credit constraints in the renewable energy sector, according to a report by the State Bank of India (SBI).
Lucknow (Uttar Pradesh) [India], March 25: In a significant move to bolster India's renewable energy landscape, Value Plus Retail, North India's largest electronic retailer, proudly announces the launch of its in-house rooftop solar brand, AISEN Solar. This initiative aligns with Prime Minis
India's solar capacity, over the past decade, has grown at an impressive 38 per cent compound annual growth rate (CAGR), now accounting for over 60 per cent of the country's total renewable energy portfolio, the Rubix Data Sciences said in a report.
The rapid expansion of renewable energy projects is expected to increase the direct and indirect jobs in the industry. It is also leading to transformation in workforce dynamics, skills demand, and retention trends.
New Delhi [India], March 20: ENGIE, a global leader in low-carbon energy production, network, and supply, has recently established a branch in India for its Supply & Energy Management activities. With this strategic move, ENGIE shows its commitment to supporting India's transition to a c
The Indian renewable energy (RE) sector may soon face regulatory pressures taking cues from Europe and China to combat emerging challenges such as grid disturbances, subsidy-driven incentives, and negative energy prices, according to a report by JM Financial.
Several factors, including the expansion of domestic manufacturing capacity and the government's proactive measures, have over the past years contributed to a positive change in India's overall solar landscape.
The scheme offers collateral-free loans of up to Rs 2 lakhs at a marginal interest rate of 6.75 per cent through 12 public sector banks. So far over 3.10 lakh loan applications have been received by banks and over 1.58 lakh sanctioned. Loans under the scheme are disbursed to over 1.28 lakh a
Jaipur (Rajasthan) [India], March 12: Deakin University, Australia, ranked among the top 1% globally, and Manipal University Jaipur (MUJ), a leader in innovation-driven education, have joined forces to launch exclusive Dual-Degree Programs in Civil Engineering, Electrical and Renewable Energ
The discussion also covered ways to strengthen cooperation and expand bilateral ties, particularly in the fields of economy, trade, investment, renewable energy, infrastructure, and artificial intelligence, among other sectors that serve mutual interests and benefit both nations.