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India needs massive investment in clean energy to kick start economy, says economic advisor

New Delhi, Feb 15 (ANI): Chief Economic Advisor Arvind Subramanian on Sunday said that the country needed massive investment in clean energy to kick start economy. Subramanian made the remarks at the first Renewable Energy Global Investors Meet and Expo, Re-invest 2015 in New Delhi. Subramanian said that focus of renewable energy should be on major investment in greening coal. India is the world's third-largest greenhouse gas emitter and often acts as the voice of the world's developing countries in United Nations talks on everything from climate change to economic cooperation.

Feb 15, 2015

293 Firms Commit to 266 GW of Renewable Power at Inaugural RE-Invest Conference

Many of the companies have expressed an interest to set up a factory shop to create the necessary infrastructure in India.

Feb 15, 2015

PM Modi confident about economic viability of solar energy - Part 2

New Delhi, Feb 15 (ANI): Prime Minister Narendra Modi on Sunday said he was confident that solar energy will become economically viable in the coming days. Modi was speaking at the inauguration of the first Renewable Energy Global Investors Meet and Expo, RE-Invest 2015. The Prime Minister said lakhs of families are still deprived of energy and we must use our resources to the optimum level. Talking about the issue of climate change, Prime Minister Modi said that due to lifestyle changes we are utilising the future generations' share of resources. The Prime Minister also stressed that India can show the ways of protecting humankind from the effects of global warming. The Re-invest 2015 Expo seeks to evolve innovative financial models for funding and aims to promote the partnership between the states and the Centre in harnessing renewable energy.

Feb 15, 2015