Indian Renewable Energy Mandate not Met India’s much hyped market based renewable energy incentive system of “Renewable Energy Certificate” (REC) has crashed. The REC market which started in 2012 at two power exchanges had initially shown a lot of promise with increasing volumes. It had offered a market based remuneration system for renewable energy developers […]

Solar Plant Price Reduction in India The rapid decrease in solar panel prices has led to a sharp decrease in overall solar system prices, with the India’s central electricity regulator reducing the reference prices for a solar PV plant to $1.5/watt during 2013; a sharp cut of 20% from the previous year. Note solar panels […]

Problems of Tamil Nadu Solar Energy In Greenworldinvestor, we earlier wrote about Tamil Nadu’s Solar Energy Policy which had generated huge investor interest. The main reasons about the huge enthusiasm seen for setting up solar energy in Tamil Nadu is that, the state is home to almost 60% of India’s wind energy capacity and suffers […]

India’s western state of Rajasthan which had won the lion’s share of solar panel projects under India’s central subsidy scheme has come out with a state solar subsidy scheme of its own. Note we had earlier stated that Rajasthan and Gujarat will lead India’s growth in solar power capacity. While Gujarat has leapfroggred far ahead […]

Agriculture Industry in India It is needless to say that the agriculture industry provides the principal means of livelihood for over 58.4% of India‚Äôs population. India was known to be the agrarian economy since its independence in 1947 and the sector currently contributes approximately one-sixth of total gross domestic product (GDP). Agriculture accounts for about […]

Illegal Mining and Environmental Degradation has been a major problem in India with corruption spread across the political and business spectrum. Millions of tons of iron ore have been mined illegally in major ore producing states such as Karnataka, Orissa and Goa. Some of the mining barons have made billions of dollars in illicit profits. […]