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RE-Invest 2015

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News & Media


Govt plans to set up 25 solar power parks to promote renewable power generation

10 Mar 2015Business Standard

The union minister of state for coal, power and renewable energy, Piyush Goyal, said that the government is ambitious to promote clean energy in the country. "We are encouraging setting up of solar power projects through measures like grant of subsidy on off-grid applications, provision for renewable purchase obligation for solar in the National Tariff Policy, concessional import and excise duty exemption for setting up of solar power plants, accelerated depreciation and tax holiday, generation-based incentive and facility for bundled power for grid-connected solar power," he said.

Can India achieve its 100 GW solar target?

08 Mar 2015Business Standard

If these targets are met, India will join the ranks of the world's solar powerhouses in terms of installed capacity.

REPORT: Clean Energy Powers Local Job Growth in India

08 Mar 2015NRDC, CEEW

Increasing energy access, clean energy development, and job creation are national priorities for Prime Minister Narendra Modi’s government.

Default over Design: How India will really grow its solar industry

27 Feb 2015Bridge To India

For more and more energy-starved customers, solar will offer the best solutions. While these markets (private PPAs, mostly captive, for industries or telecom towers or appliances) are still small, they will scale up as tariffs rise, as consumer awareness and confidence grow and as sales and maintenance channels become established. They can offer companies a chance to innovate, excel and drive customer value, and by extension provide investors with more attractive returns.

Project Implementation to set up 15,000 MW of Grid-Connected Solar PV Power Plants through NTPC/ NVVNL under National Solar Mission

26 Feb 2015Press Information Bureau, Government of India

Successful completion of additional 15,000 MW capacity of Grid-connected solar PV power generation projects, mainly in the private sector, with largely private investment, under the National Solar Mission would accelerate the process of achieving grid tariff parity for solar power and also help reduce consumption of kerosene and diesel, which is presently in use to meet the unmet demand.

PM Modi right in focusing on smart cities; will lead to stronger growth: Michael Bloomberg

17 Feb 2015The Economic Times

Giving a special address at RE-INVEST 2015, Bloomberg said, "Prime Minister Modi is showing that confronting climate change goes hand-in-hand with smart economic growth."

UN special envoy Bloomberg praises PM Modi's green steps, says very bullish on India

17 Feb 2015Times of India

Speaking at global renewable energy investment summit (RE-INVEST 2015) here on India's leading role in moving the world toward a more sustainable future, Bloomberg - founder of the New York-based media company Bloomberg LP said, "I can tell you that, as the owner of a company that connects businesses and banks to capital markets, we are very bullish on India's future."

India's 100 GW Solar Target Could Create 1 Million Jobs by 2022

17 Feb 2015NRDC Switchboard

Delhi is abuzz as the first renewable energy-financing summit organized by the Indian government, RE-Invest 2015, wrapped up today with commitments totaling a whopping 266 GW of renewable energy in the next 5 years.

At 750MW, Madhya Pradesh to get world’s largest solar power plant

16 Feb 2015The Times of India

Next year on Independence Day, India will have the world's largest 750MW solar power plant in Rewa district of Madhya Pradesh, which will pip America's much-vaunted 550-megawatt Desert Sunlight solar project in California, commissioned four days ago.

Clean energy push: Drop in solar power cost a game changer, says PM Narendra Modi

16 Feb 2015The Economic Times

At the inauguration of a three day global conference, RE-Invest 2015, Modi on Sunday described the thrust on renewable energy production as an effort to ensure universal energy access for India's poor.