In Short : Cuba has launched the first of 92 planned solar parks to tackle its energy crisis. Supported by China, the project aims to add 1,200 MW of solar power and boost renewables to 24% by 2030. With frequent blackouts due to aging infrastructure, Cuba is prioritizing solar energy to enhance energy security and […]
Indian Oil Corporation to invest Rs 25,000 cr in green energy
Rising environmental concerns are increasingly swaying government energy policies across the globe, prompting energy companies to invest in greener options. New Delhi: Indian Oil CorporationNSE -0.95 % (IOC), the nation’s largest refiner and fossil fuel retailer, plans to invest Rs 25,000 crore in green energy projects, including solar and wind power plants, bio-fuels plants, and […]
Government blacklists Chinese solar gear company after failing to honour contract
This is the first time that the ministry is considering such a step (blacklisting a company) against a foreign solar equipment supplier. BENGALURU: India plans to blacklist China Sunergy (CSUN), as the Chinese solar module supplier has failed to meet its contractual obligations with local project developers, new and renewable energy secretary Anand Kumar said. […]
