Financing of renewable energy projects via carbon credits is increasing with the developmental activities of renewable energy in India. The below chart from Renewable Energy World site shows Clean Development Mechanism (CDM) projects in India and carbon credits called Certified Emission Reductions (CER) issued. Source

A recent news items says that India has a geothermal power potential of 10,600MW, but the country is yet to see a single commissioned project that harnesses this technology. Though the capital cost for generating energy through geothermal is Rs80 million ($A2.46 million) to Rs100 million per MW, the operating...

With an idea to have a devoted power generation firm directly under the central government to tap renewable energy sources, the ministry of new and renewable energy (MNRE) is examining the possibility of setting up a PSU to tap renewable energy sources. MNRE has promoted a company, Indian Renewable Energy...

The potential of India's energy efficiency market is estimated at more than US $3.1 billion. Indian government is undertaking various energy efficiency actions and few programs from Renewable Energy India 2009 Expo site is given below•Energy saving potential in the range of 23% - 46% has been identified through energy...

The Indian Renewable Energy Development Agency (IREDA) provided Rs. 1265 crore during 2005-08 to 17 States to promote renewable energy projects. During the last 6 years it has provided Rs. 160 crore for the same purpose. IREDA however provides loan to the eligible project promoters/developers for setting up renewable energy/...

Wind power projects aggregating 9522 MW have been installed in the country till end of last month. As compared to the achievement of about 5456 MW of wind power during the Tenth Five Year Plan, a target for capacity addition of 10,500 MW has been fixed for the Eleventh Five...

Here is a link for interesting article on “Future Direction of Renewable Energy Policy for India” This paper outlines some of the broad policy directions for accelerated development and application of renewable energy in the country. It also explains the various renewable energy sectors operating in India and its current...

Bunker Roy’s Barefoot College, which has been providing lighting using solar panels in over 136 remote Himalayan villages across seven states, won the Ashden Award for community welfare and S.P. Gon Chaudhuri’s West Bengal Renewable Energy Development Agency, which has been supplying grid-quality electricity to Sagar Island in Sunderbans, received...

Minister of State for New and Renewable Energy said, the amount of solar energy incident over the land area of the country is around five trillion kilowatt hour. The Ministry of New and Renewable Energy is implementing schemes on promotion of solar energy in the country. A total of 4.02...

Jan, 2009Dow Chemical International Pvt. Ltd. (Dow India), and Royal Castor Products Ltd. (Royal Castor), Sidhpur, Gujarat signed a commitment on the opening day of Vibrant Gujarat to conduct research in environment friendly bio–based products & solutions using Castor Oil. The commitment was signed by Dr. Ramesh Ramachandran, President &...