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ADB Expands Clean Energy Project in India with AIIB Co-financing

The ADB financing comprised a $500 million government-backed loan and a further $500 million in non-sovereign lending to India’s national transmission company, Power Grid Corporation of India Limited (POWERGRID). The Asian Development Bank (ADB) has agreed to finance additional power transmission network components with co-financing from the Asian Infrastructure Investment Bank (AIIB) that will connect […]

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TMEIC Setups a Newly Established Power Electronics Factory in Karnataka

The newly established a factory of TMEIC is built to further reinforce company’s power electronics business in India. Toshiba Mitsubishi-Electric Industrial Systems Corporation (hereinafter, “TMEIC”; President & CEO Masahiko Yamawaki) has newly established a power electronics factory in Tumakuru district near Bengaluru, Karnataka State, in India. The new factory which is expected to be fully […]

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Viz-A-Viz with Lior Handelsman, VP of Marketing and Product Strategy | Founder | SolarEdge

Q. Please give us an overview of SolarEdge’s India operations and product offerings? What are the new products you are planning to bring in India? The first SolarEdge system was installed in India approximately three and a half years ago and the system has performed well, surpassing the customer’s expectations. SolarEdge systems have been installed on […]

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JLM Energy announces $25-million project finance investment

The investment was arranged by GoldenSet Capital Partners as subadvisor to the North Sky Alliance Fund II. CohnReznick Capital was the advisor to JLM Energy in this transaction. JLM Energy, a renewable energy technology company, has announced that it has secured $25 million to finance distributed energy storage projects for Commercial & Industrial (C&I) customers. […]

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Solar Leadership Series – Greenlight Planet Sets Stage for Rapid Pay-as-you-go Solar Growth in India

Greenlight Planet’s own PAYG technology-enabled products (EasyBuy), has seen exponential growth in Africa since its introduction in 2015.  The Solar Leadership Series, a proprietary event by Greenlight Planet brought together experts from across industries to explore the potential of Pay-As-You-Go (PAYG) technology in achieving energy inclusion. Aptly titled “Pay-As-You-Go: The Panacea for Energy Poverty”, this […]

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ONGC will encourage and fund solar electric stove project: Pradhan, Petroleum and Natural Gas Minister

“Funds from the “ONGC StartUp Program” will be used to make the idea of solar-powered electric stove a reality.”  The union government on Monday said energy major ONGC will fund and encourage startups to carry out research and innovation for development of advance electric household stoves which can be powered using solar power. According to […]

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Solar Photovoltaic (PV) Glass Market to Grow From USD 4.38 Billion in 2017 to USD 18.48 Billion by 2022: MarketsandMarkets

MarketsandMarket forecasts the solar photovoltaic (PV) glass market to grow from USD 4.38 Billion in 2017 to USD 18.48 Billion by 2022, at a CAGR of 33.4% from 2017 to 2022. Surging demand for solar energy in emerging economies and preference for solar energy in the residential applications are the key factors contributing to the […]

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Dr. Rahul Walawalkar receives Renewable Energy India Award

Dr. Rahul Walawalkar was selected by eminent Jury in the category of Leading Crusader for Energy Storage Solutions. Dr. Rahul Walawalkar, Executive Director of India Energy Storage Alliance (IESA) and President & MD of Customized Energy Solutions (India) has received the Renewable Energy India (REI) award in the category of Leading Crusader for Energy Storage […]

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