ADB, GCF, and Australia Together Pledge $44.6 Million for Tonga’s Renewable Expansion

ADB, GCF, and Australia Together Pledge $44.6 Million for Tonga’s Renewable Expansion

The Asian Development Bank (ADB), the Green Climate Fund (GCF), and the Government of Australia have signed an agreement to develop renewable energy in Tonga. The total grant for expanding ...
/ / Other, Renewable Energy
IAN Fund Invests ₹124 Million in a Startup Providing Solar Panel Cleaning Solutions

IAN Fund Invests ₹124 Million in a Startup Providing Solar Panel Cleaning Solutions

The IAN Fund, a seed fund, has led an investment worth ₹124 million (~$1.7 million) in Pune-based Nocca Robotics. The investment also saw participation from prominent angel investors from Indian ...
/ / Finance and M&A, Solar
Renewable Project Developer Greenko Receives $329 Million in Equity

Renewable Project Developer Greenko Receives $329 Million in Equity

After receiving $495 million (~₹33.92 billion) as primary equity from General Insurance Corporation (GIC) and Abu Dhabi Investment Authority (ADIA), Greenko Energy Holdings (Greenko), has now secured another $329 million ...
/ / Finance and M&A, Other
Karnataka is the Top Solar State in India with 5 GW in Cumulative Installed Capacity

KERC Asks State Agencies to Halt New Solar Tenders and Auctions in Karnataka

Karnataka, India’s top state in terms of installed solar capacity, is looking to stop the tender and auction process for large-scale ground-mounted projects as power generation exceeds demand in the ...
Jammu & Kashmir to get 23 GW of Solar Projects Starting With 2.5 GW in Kargil and 5 GW in Leh

NLC India Inks Pact with TANGEDCO to Set Up 1 GW of Solar Projects in Tamil Nadu

Government-owned mining and power generating company, NLC India (NLCIL), has announced that it has signed a memorandum of understanding (MoU) with the Tamil Nadu government to develop 2,640 MW of ...
/ / Markets & Policy, Solar
Solar Accounted for 2 Percent of India’s Total Power Generation in FY 2017-18

Solar Accounted for 2 Percent of India’s Total Power Generation in FY 2017-18

During the financial year (FY) 2017-18, India produced approximately 25.90 billion units (BUs) of solar power, according to data released by the Central Electricity Authority (CEA). This was an increase ...