The US government now promotes Solar & Wind Energy The USA government has been a laggard in supporting solar and wind power compared to other developed nations such as Germany and Spain. While the 30% investment tax credit has helped fuel solar power growth, there has been no big bang policy of pushing solar energy […]

Renewable Energy Auctions A new study has come out with results that we at Greenworldinvestor already knew of and have propagated through our columns. The research by Climate Policy foundation says that auctions are the most cost effective way to increase the deployment of green energy, after going through the results of 20 auctions around […]

India’s Renewable Energy Target India set a record 4 GW of renewable energy capacity last year, as the new government strong pushed green energy incentives. Wind energy returned to growth once again, as the government restored the accelerated depreciation and GBI benefits. State solar auctions also boosted the growth in the solar capacity. Biomass and […]

Hypersolar Hypersolar Inc (HYSR) is an electric utility company that produces renewable hydrogen using sunlight and water. The company was founded in 2009 and is based in Santa Barbara, California. It is a micro-cap company with $10.5 million market value, working in a niche technology of producing green hydrogen. Recently the state of California mandated […]

RPO in India Renewable Purchase Obligation (RPO) was launched in 2010, making it mandatory for distribution companies, open-access consumers and captive power producers to meet a part of their energy needs through green energy. According to the RPO, a certain percentage of a state’s electricity generation must come from clean energy sources. CERC mandated that by […]

Maharashtra – RE Policy with solar focus Maharashtra is India’s largest industrial state and home to India’s financial capital – Mumbai. The state has massive power requirements and as per CERC guidelines requires to install large amounts of renewable energy capacity.  Maharashtra has lagged in renewable energy capacity installation compared to other states like Gujarat, […]