Daily News Wrap-Up 2G Ethanol Plant Worth ₹9 Billion Inaugurated in Haryana

Daily News Wrap-Up: 2G Ethanol Plant Worth ₹9 Billion Inaugurated in Haryana

Here are some noteworthy cleantech announcements of the day from around the world: Prime Minister Narendra Modi inaugurated a 2G ethanol plant at Panipat Refinery in Haryana. The plant was ...
/ / Other, Renewable Energy
UK Announces $4 Million Grant to Place Solar Panels in Space

UK Announces $4 Million Grant to Place Solar Panels in Space

In a first globally, the United Kingdom government has announced a £3 million (~$4 million) grant for space-based solar projects aimed at collecting the sun's energy using solar panels orbiting ...
/ / Off-grid, Solar
New Research Shows Perovskite Solar Panels can be Printed on Steel Atop Buildings

New Research Shows Perovskite Solar Panels can be Printed on Steel Atop Buildings

In a new three-year collaborative study between the Wales-based Swansea University and Tata Steel U.K., researchers found that perovskite solar panels can be printed on steel atop establishments using screen ...
/ / Solar, Technology
UK Government Stops 35% Plug-in Grant for Purchase of Electric Cars

UK Government Stops 35% Plug-in Grant for Purchase of Electric Cars

The UK government is closing the plug-in grant program after successfully kickstarting the country’s electric car revolution and supporting the sale of half a million electric cars. in 2011 to ...
Project Finance Brief Bluefield Solar Acquires 80 MW Battery Storage Projects in the UK

Project Finance Brief: Bluefield Solar Acquires 80 MW Battery Storage Projects in the UK

From: Mercom Capital Group Bluefield Solar, an income fund focused on acquiring and managing renewable energy and storage assets predominantly in the UK, acquired two standalone 40 MW battery storage ...
/ / Other, Renewable Energy
Britain’s New Energy Security Strategy Aims at 70 GW of Solar Capacity by 2035

Britain’s New Energy Security Strategy Aims at 70 GW of Solar Capacity by 2035

The United Kingdom has set out an Energy Security Strategy to accelerate the deployment of new renewable projects, including wind, nuclear and solar, to contribute to 95% of the electricity ...
/ / Other, Renewable Energy
Shell to Develop Utility-Scale Solar Projects in the UK

Shell to Develop Utility-Scale Solar Projects in the UK

Global energy conglomerate Royal Dutch Shell has signed a framework agreement with the renewable energy developer Island Green Power to develop solar photovoltaic (PV) projects with co-located battery storage potential ...
/ / Manufacturing, Solar
Generation Investment Acquires 13 Stake in Octopus Energy for $600 Million

Generation Investment Acquires 13% Stake in Octopus Energy for $600 Million

Octopus Energy Group (Octopus) has announced a strategic partnership with Generation Investment Management (GIM), a firm founded in 2004 to invest in businesses that promote sustainability and the fight against climate ...
/ / Finance and M&A, Other
The UK Infuses £265 Million to Support Renewable Energy Projects

The UK Infuses £265 Million to Support Renewable Energy Projects

The U.K. Government will infuse £265 million (~$366 million) to support renewable energy projects in the upcoming Contracts for Difference (CfD) auction. CfDs are 15-year private contracts between renewable energy ...
/ / Other, Renewable Energy
United Kingdom to Invest $1.2 Billion in India’s Renewable Energy Projects

United Kingdom to Invest $1.2 Billion in India’s Renewable Energy Projects

The Government of the United Kingdom will invest $1.2 billion through public and private investments in green projects and renewable energy in India to support the latter’s target of 450 GW ...
/ / Other, Renewable Energy
E-Mobility Company REE Automotive Secures $17 Million in Funding from the UK Government

E-Mobility Company REE Automotive Secures $17 Million in Funding from the UK Government

Israel-based e-mobility company REE Automotive announced that its REEcorner technology had secured $17 million in funding from the United Kingdom government as part of a $57 million investment coordinated through the Advanced ...
/ / Finance and M&A, Other
Macquarie's Green Investment Group Launches Solar Energy Company With an 8 GW Portfolio (1)

Macquarie’s Green Investment Group Launches Solar Energy Company With an 8 GW Portfolio

Macquarie's Green Investment Group (GIG) has launched Cero Generation, a specialist solar energy company working across Europe to support a net-zero future transition. Consolidating GIG's existing and future European solar ...
/ / Commercial, Solar
UK Mulls Changes in its Renewable Program to Increase Generation

UK Mulls Changes in its Renewable Program to Increase Generation

The United Kingdom is one of the first few major economies to announce that it would cut emissions to net-zero by 2050. This is a landmark decision, and it confirms ...
/ / Other, Renewable Energy
UK’s Oil Giant bp to Invest $70 Million in India’s Green Growth Equity Fund

UK’s Oil Giant BP to Invest $70 Million in India’s Green Growth Equity Fund

United Kingdom-based oil giant BP announced its plans to invest $70 million (~$5.22 billion) in India’s Green Growth Equity Fund (GGEF), which aims at promoting zero carbon and low carbon energy ...
GuarantCo and Sindicatum Renewables Sign Deal for Green Bonds Worth $60 Million

UK’s Zouk Capital Acquires Majority Stake in Italy’s Electric Mobility Utility BE Power

Zouk Capital, an infrastructure and private equity fund manager, based out of the United Kingdom, has acquired a majority stake in BE Power. BE Power is a digital utility active ...
The United Kingdom Joins International Solar Alliance

The United Kingdom Joins International Solar Alliance

The United Kingdom is the latest entrant to the International Solar Alliance (ISA), joining hands with India and 73 other member nations toward a common goal of sustainability. The United ...
Siemens and Drax Power Enter £40 Million Contract for Upgradation of Biomass Turbines

Siemens and Drax Power Enter £40 Million Contract for Upgradation of Biomass Turbines

Drax Power and Siemens have signed a £40 million ($52.47 million) contract for the upgrade of turbines on three of Drax Power’s biomass units over the next three years. The ...
/ / Other, Other Energy
Import and Export

Solar Imports Grew by 40 Percent Year-over-Year, Exports Declined 22 Percent in the First Seven Months of Financial Year

In the seven months from April to October in financial year (FY) 2016-17, export and import activity totaling $1.22 billion (~Rs.83.22 billion) was registered in the Indian solar sector. This ...
/ / Markets & Policy, Solar
Export Import

India Solar PV Imports and Exports Rising

India exported solar modules and cells worth $41 million (~Rs.2.74 billion) from April to July 2016, which was up 116 percent from the same time last year. During that same ...
/ / Markets & Policy, Solar