Ground-Mounted Solar Projects Not Part of Shams Dubai Program Anymore
Dubai Electricity and Water Authority (DEWA) has announced that ground-mounted solar power projects are no longer included under the Shams Dubai program. DEWA’s Shams Dubai solar program, which was introduced ...
Singapore Solar Company LYS Energy Raises $10 Million from United Overseas Bank
LYS Energy Group (LYS), a Singapore-based solar independent power producer (IPP), has received S$14 million (~$10 million) green loans from the United Overseas Bank (UOB), Southeast Asia’s third-largest finance group ...
Emirates Flight Catering Installs Solar System to Power Eight of its Facilities
Emirates Flight Catering (EKFC), one of the world’s largest catering operations owned by Emirates Airlines, has announced the commissioning of a solar power system at its premises. Under the project, ...
Bharathi Cement Turns to Solar with a 10 MW Solar Project at its Facility in Andhra Pradesh
Bharathi Cement, a leading cement manufacturer, has commissioned a 10 MW ground-mounted solar power project in its manufacturing facility at Kadapa in Andhra Pradesh. The project is a part of ...
Evolution II Fund Secures Another $87.75 Million for Clean Energy Access in Africa
Inspired Evolution, an Africa-focused investment advisory firm that specializes in providing clean energy access, has secured another $87.75 million, reaching a total capital of $216 million at the final closing ...
Indian Oil Corporation Plans to Invest ₹250 Billion in Renewable Energy Projects
The Indian Oil Corporation (IOC) plans to diversify its business verticals and make significant investments to the tune of ₹250 billion (~$3.48 billion) in clean energy projects like solar, wind, ...
Nigeria to Raise $41.5 Million Through its Second Green Bond Issue
The debt management office (DMO) of the federal government of Nigeria has announced that it is looking to execute a second green bond issuance - Series II Green Bonds amounting ...
Singapore’s United Overseas Bank Says No to Coal Lending
In a decision taken at its annual general meeting held recently, the United Overseas Bank (UOB), Southeast Asia's third-largest finance group and Singapore’s third largest bank, has said that it ...
Nepal Begins Construction of its Landmark Power Transmission Line with Aid from EU
Nepal’s Minister of Energy recently inaugurated the ceremony to formally mark the initiation of construction of the Chilime-Trishuli transmission system in central Nepal. This project is expected to allow access ...
India Signs MoU with IEA to Enhance Innovation for Clean Energy Transition
As a joint program under Mission Innovation, the Department of Biotechnology (DBT), India’s Ministry of Science and Technology, and the International Energy Agency (IEA) have signed a Memorandum of Understanding ...
India Installs LiDAR for Assessment of Offshore Wind Resource in Gujarat
The Government of India, through its various ministries and departments is actively pursuing the goal of making India a cleaner and greener country by expanding the usage of renewable energy ...
Quick Recap of Major Developments in India’s Renewable Energy Sector in January 2018
The first month of 2018 kickstarted the year with a flood of activity in India’s renewable energy sector, with a series of announcements by government agencies and industry players alike ...
MNRE to Spend $10 Million to Foster Clean Energy Awareness
The Ministry of New and Renewable Energy (MNRE) is planning to spend ₹660 million (~$10.3 million) over the next two financial years on increasing renewable energy awareness in India. “The ...
December 2017 Wrap-up: New Developments in India’s Solar and Renewable Energy Sector
A rundown of notable news covering everything from auctions and deals to tax developments from the month of December December proved to be a crucial month for India’s renewable energy ...
Reliance Money Secures ₹3 Billion Loan from IREDA for Renewable Energy Projects
The Indian Renewable Energy Development Agency (IREDA) will provide loan to the tune of ₹3 billion (~$45.7 million) to Reliance Money, a brand by Reliance Commercial Finance Limited, a subsidiary ...
Month in a Minute: Important Headlines and Data Points from the Indian Renewable Energy Sector in August 2017
IDFC Alternatives’ India Infrastructure Fund II (IIF II), through its wholly-owned subsidiary Vector Green Energy, has entered into definitive agreements with First Solar Power India and its affiliates to acquire ...
