With nearly half of its one billion citizens without a secure electricity supply, India faces many difficult social and environmental challenges as its economy develops in the new century. Currently over 40,000 villages and communities lack access to the national grid, suffering poor health, pollution, and poverty as a result.
Innovative local renewable energy solutions are [...]

India is getting focused in terms of increasing capacities of renewable power generation during preparations for crucial negotiations at the end of the month. New policies are being introduced in order to accelerate the transition. An important one was the announcement by India’s power tariff regulator in September about better feed-in tariffs for clean electricity. [...]

New regulations launching a system of feed-in tariffs (FIT)  for renewable energy were announced by  India’s Central Electricity Regulatory Commission (CERC), based in New Dehli, on September 17, 2009. This is a German model meaning an obligation for utilities to purchase, at a set price, the electricity generated by any renewable energy system. This means [...]

Yes Bank Limited (YBL) is in process of establishing its first ever private equity fund for clean energy. The South Asia Clean Energy Fund (SACEF) is hoping to raise $200 million by this summer. According to YBL they have already raised $125 million, even with the constraints of a global recession.
The fund is targeting renewable [...]