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ARENA to Fund USD 12.9 million to AEMO for its Distributed Energy Project

The Australian Renewable Energy Agency (ARENA) has today announced USD 12.9 million in funding to the Australian Energy Market Operator (AEMO) for the development of a major Victorian Distributed Energy Resources (DER) Marketplace trial named Project EDGE (Energy Demand and Generation Exchange). Project EDGE is a multi-year project to demonstrate an off-market, proof-of-concept Distributed Energy […]

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CIT Serves as Coordinating Lead Arranger for $256 Million Texas Solar Financing

CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as coordinating lead arranger on a $256 million financing for the 250-megawatt (MW) Taygete I Energy Project owned by 7X Energy, Inc (7X) and located in Pecos County, Texas. 7X Energy is a leading utility-scale solar developer, owner, and asset manager that has originated 1,350 (MWac) of solar […]

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India Drops to 2nd, Chile Takes No.1 on Climatescope Emerging Markets Ranking

India dropped back down to 2nd position, as Chile regained the top spot back in the latest Climatescope survey ranking by BNEF India, after topping BNEF’s Climatescope Emerging Markets Ranking in 2019, has dropped back down to second position in the latest Climatescope survey released by BNEF. Chile, which was ranked 2nd in last year’s […]

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China & India Remained Biggest Emerging Markets for Clean Energy Investments: BNEF

According to a new report by BNEF, China and India remained the biggest emerging markets for clean energy investment As 2019 came to a close, the outlook for renewable energy growth in developing economies was exceptionally bright. Power-generating capacity from solar plants such as solar projects reached 325 gigawatts (GW), up from just 1 GW […]

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Tender Issued for Solar Home Lighting Systems for SC Beneficiaries in Assam

A tender has been issued for fixation of rates for a period of 1 year for solar PV home lighting systems for the SC beneficiaries of Assam. The Directorate of Welfare of Scheduled Castes, Government of Assam, has issued a tender, inviting bids from eligible manufacturers/ distributors /dealers on a rate contract basis for fixation […]

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STMicroelectronics to be Carbon Neutral by 2027

STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, announced its goal to become carbon neutral by 2027, the earliest date anticipated for any semiconductor company globally. ST’s comprehensive roadmap to carbon neutrality includes two specific targets: compliance with the 1.5°C scenario defined at the Paris COP21 by 2025, which implies […]

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SECI Extends EOI for Empanelment of Agencies for Work in E-Mobility Space

SECI has extended its EOI for empanelment of agencies for the identification & implementation of business opportunities in the e-mobility space The Solar Energy Corporation of India (SECI) has extended its EOI for empanelment of agencies for the identification and implementation of business opportunities in the electric mobility (e-mobility) space in line with the national […]

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Andhra Pradesh Govt Discusses EV Plans With Niti Ayog

Andhra Pradesh has become the latest state to come out with an EV policy that seeks much more than more EV’s on the road by 2024.  The state’s new EV policy hopes to attract an investment of Rs 30,000 crore and create 60,000 jobs in electric vehicles (EVs) manufacturing. All this, while getting a million […]

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Veolia Secures Blade Recycling Contract in the US With GE Renewable Energy

GE Renewable Energy has signed a multi-year agreement with Veolia to recycle blades removed from its US-based onshore turbines during upgrades and repowering efforts. GE Renewable Energy has announced that it has signed a multi-year agreement with Veolia North America (VNA) to recycle blades removed from its US-based onshore turbines during upgrades and repowering efforts. […]

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