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Abu Dhabi’s Masdar Eyes Minority Stake in Hero Future Energies

Asian energy producers including Petronas of Malaysia, Masdar and Singapore’s Sembcorp are in separate discussions to acquire a minority stake in Hero Future Energies Abu Dhabi’s Masdar Clean Energy has thrown its hat into the ring  for a minority stake in Hero Future Energies. It has entered into exclusive talks to acquire a 30-35% stake […]

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BESCOM to Rollout Tool for Rooftop Solar Potential

The tool essentially shows which part of the roof is suitable, based on the colour codes. It then calculates and generates the best system design to set up solar panels. Bangalore Electricity Supply Company Ltd (Bescom) is looking to add a first-of-its-kind tool that evaluates which part of one’s rooftop can generate maximum solar energy […]

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U.S. Energy Storage Market size to exceed $4 Bn by 2024

The U.S. energy storage market is anticipated to continue its exponential growth graph as storage continues to get cheaper, out-competing other resources. U.S. Energy Storage Market is set to grow from its current market value of more than USD 400 Million to over USD 4 Billion by 2024; according to a new research report by Global […]

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MNRE Issues Notification for Quality Control Order on SPV Goods

Domestic module manufactures whose annual module production capacity is less than 50MW are exempted for BIS certification for two years. The Ministry of New & Renewable Energy (MNRE) under the BIS Act has notified the Solar Photovoltaics Systems, Devices and Components Goods Order 2017 for quality assurance in SPV Power Projects. It includes SPV modules, […]

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SolarReserve Names Tom Georgis as CEO

For the past 10 years, Georgis has been an integral part of SolarReserve’s leadership team, serving as it’s Senior Vice President. Solar power projects developer SolarReserve has appointed Tom Georgis as it’s Chief Executive Officer (CEO). For the past 10 years, Georgis has been an integral part of SolarReserve’s leadership team, serving as it’s Senior Vice […]

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EBRD Devoted 36% to Green Financing in 2018

It is well on the way to meeting a target of dedicating 40 per cent share of investments to the green economy by 2020. The European Bank for Reconstruction and Development (EBRD) has devoted 36 per cent of its total investments to the green economy in 2018. The bank said in a statement that, it […]

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BHEL, Libcoin to Build India’s 1st Lithium Ion Battery Plant

The government is further expecting that, this project will bring energy independence by replacing oil imports with abundant renewable. Public sector electric equipment maker Bharat Heavy Electricals Ltd (BHEL) and Libcoin are in talks to form a consortium to initially build 1GWh lithium ion battery plant in India, says government. The Ministry of Heavy Industries […]

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Waaree Installs Solar Plant at HIAL University in Leh

HIAL is expected to save close to Rs 2 lakh per year. Waaree Energies, one of India’s leading solar PV manufacturer has unveiled its 25 kW rooftop solar project at Himalayan Institute of Alternatives (HIAL) in Leh, Ladakh. The project was completed under the company’s CSR programme and is part of its ongoing efforts to […]

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