LATEST NEWS
EBRD and ADB Finance $50 Million for a Solar Project in Kazakhstan
The European Bank for Reconstruction and Development (EBRD) and Asian Development Bank (ADB) are investing heavily in the solar photovoltaic (PV) sector of Kazakhstan. The EBRD, Clean Technology Fund and Asian ...
IFC Signs Mandate to Foster Uzbekistan’s Renewable Energy Expansion
The International Finance Corporation (IFC), a member of the World Bank Group, has signed a mandate with the government of Uzbekistan to increase its renewable power capacity and encourage private ...
MNRE Extends EoI Deadline for 1 GW of Offshore Wind Projects in Gujarat
The National Institute of Wind Energy (NIWE) has extended the deadline for the submission of Expression of Interest (EoI) for 1 GW of offshore wind projects which are to be developed ...
India and France Sign MoU for Expansion of Renewable Energy
India has signed a Memorandum of Understanding (MoU) with France to cooperate in the field of renewable energy. Through the signed MoU, the two countries will work to establish a ...
BLP Sells its Entire Stake in the Joint Venture SBSS to Statkraft
Statkraft, a European renewable energy generator, and Bharat Light and Power (BLP), an Indian renewable energy generation and technology firm, have announced the end of their partnership. As part of ...
EDITORS' PICKS
ADB to Finance Solar Projects Worth $40 Million in Indonesia
The Asian Development Bank (ADB) will fund solar photovoltaic (PV) projects worth $40 million in Indonesia. The bank has announced a private sector financing package totaling $40 million to invest in ...
Dynapower and Raychem Sign Deal to Bring Energy Storage Inverter Technology to India
Dynapower, an energy storage solutions provider, has entered into an agreement with Raychem RPG to bring its energy storage inverter technology and know-how to India and other SAARC (South Asian Association ...
NLC India Commissions 300 MW of Grid-Connected Solar Projects in Tamil Nadu
The state-owned Neyveli Lignite Corporation (NLC) India has commissioned 300 MW of grid-connected solar photovoltaic (PV) projects in the state of Tamil Nadu. According to a Bombay Stock Exchange (BSE) filing ...
SECI Indefinitely Extends Bid-Submission Deadline for 200 MW of Solar Projects
The Solar Energy Corporation of India (SECI) has indefinitely extended the bid-submission deadline for the development of 200 MW (AC) of solar projects under the domestic content requirement (DCR) category ...
Karnataka’s New Utility-Scale Solar Benchmark Tariff is 30% Less at ₹3.05/kWh
The Karnataka Electricity Regulatory Commission (KERC) has fixed generic tariffs for renewable energy projects developed across the state. Generic Tariff for Solar Projects: For grid connected MW-scale solar projects of ...
40,500 Solar Home Systems to be Bid in Philippines to Power Off-Grid Communities
Solar Home Systems are helping to bring electricity to thousands of homes in off-grid communities in Mindanao, the second largest island in the Philippines. According to the National Electrification Administration ...
Sandia Laboratories to Receive $10.5 Million to Design a Cheaper Solar Energy System
Solar energy technology entities are witnessing a lot of dynamism and attracting early-stage research and development funding. Sandia National Laboratories will receive $10.5 million to research and design a cheaper ...
MNRE Extends Implementation Timeline for Distributed Solar Projects on Two Islands
The Ministry of New and Renewable Energy (MNRE) has extended the implementation timeline of 40 MW of distributed grid-connected solar photovoltaic (PV) power projects in Andaman & Nicobar, and Lakshadweep ...
Indian Government to Soon Provide Solar-Powered Internet Access to 250,000 Villages
Soon, 250,000 villages across India will have solar-powered internet under the Common Service Centres (CSCs) program. This initiative by the government is aimed at providing banking, pension, digital literacy, and ...
Four Companies Win Tender to Supply 2,000 EV Chargers for EESL
The tender floated by Energy Efficiency Services Limited (EESL) for the procurement of 2,000 Electric Vehicle (EV) chargers was bagged by four energy storage solutions companies, namely SBD Green Energy and Infra ...
Is India’s Electric Vehicle Push for Real This Time?
The shift from fossil-fuel powered vehicles to electric vehicles (EVs) has become more important than ever for India. The country has to embrace EVs quickly, if it wants to cut ...
Afghanistan Awards 50 MW of Hybrid Solar Projects to be Developed in the Country
The Ministry of Energy and Water (MEW) of Afghanistan has awarded 50 MW of solar hybrid projects to be developed in the country in two separate orders. The MEW has ...
Trina Solar Acquires Spain’s Solar Tracker Manufacturer Nclave Renewables
Trina Solar, a Chinese solar module and cell manufacturer has completed the acquisition of Nclave Renewable S.L., a Spanish solar tracker system manufacturer. The value of the deal has not ...
Lack of ISTS Connectivity Results in Delay of 7 GW of Solar Auctions
The lack of inter-state transmission system (ISTS) connectivity is hampering the growth of renewables, especially solar in India. In the past few days, the implementing agencies have postponed bid-submission deadlines ...
Bank of America Raises $2.25 Billion in its Largest Issue of Green Bonds
One of the world’s leading financial institutions, Bank of America, has announced a $2.25 billion green bond to support clean energy projects. In a media statement released by the bank, ...
Microgrids an Important Piece of the Puzzle for Energy Access in Frontier Markets
Microgrids are becoming important part of the frontier power markets for distributed energy systems. Advances in technology such as energy storage along with rising diesel prices, and favorable government policies ...
SoftBank Wins SECI Auction to Develop 200 MW of Solar Projects Quoting ₹2.82/kWh
The Solar Energy Corporation of India (SECI) has auctioned 200 MW of grid-connected solar photovoltaic (PV) projects to be developed at the Pavagada solar park located in Tumkur district of ...
Department of Commerce to Soon Have Directorate General of Trade Remedies
The government of India’s Department of Commerce will soon have a Directorate General of Trade Remedies (DGTR). The Commerce and Industry Minister, Suresh Prabhu, has given his approval for the ...
L&T Construction Wins Three Orders Worth ₹24.4 Billion for Electrification and Solar
Major engineering company Larsen and Toubro has announced that its subsidiary L&T Construction has bagged a bunch of orders worth ₹24.4 billion (~$358 million). In a statement issued by the ...
Cabinet Approves National Policy on Biofuels
The central government’s cabinet, headed by prime minister Narendra Modi, approved the National Policy on Biofuels - 2018. Biofuels in India are of strategic importance as they augur well with ...
