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PGCIL Seeks US$ 1,000 Million Loan from ADB for Green Energy Corridor

Power Grid Corporation of India Limited (PGCIL) has sought a loan of US$ 1,000 million for green energy corridor from the Asian Development Bank (ADB). The USD 1,000 million loan comprises Sovereign guaranteed loan of US$ 500 million and Non-Sovereign loan of US$ 500 million said Piyush Goyal, Minister of State (IC) for Power, Coal, […]

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3019 MW of Solar Energy Capacity Added in 2015-16: Piyush Goyal

Power, Coal, New & Renewable Energy and Mines, Minister Piyush Goyal in Lok Sabha on Thursday said that a total of 3019 MW of solar energy capacity addition was recorded during the year 2015-16. The minister shared that World Bank has recently approved a total amount of US $ 625 million consisting of World Bank […]

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Geostellar Partners with Progressive National Baptist Convention and Together Solar to Launch Nationwide Community Solar Program

Geostellar, the nation’s original online solar energy platform, announced today a partnership with the Progressive National Baptist Convention (PNBC), a vital Baptist denomination with an estimated membership of 2.5 million people, and Together Solar, a developer of shared-solar energy generation projects, to offer clean, renewable power through PNBC member churches to their communities and congregations. […]

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House Energy Committee Votes to Advance Future Energy Jobs Bill

Exelon Generation and ComEd today applauded the Illinois House Energy Committee’s passage of the Future Energy Jobs Bill, noting that the legislation will continue to be refined by policymakers as they move toward the close of veto session in early December. The current bill creates significant benefits for Illinois consumers, saving and creating tens of […]

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Sunew announces the largest global use of 3rd generation solar energy

SUNEW, a Brazilian company located in one of the principal poles of solar energy on the planet, just announced the largest global use of OPV (Organic Photovoltaic) technology, considered to be the third generation in solar energy, installed on the outside of a commercial building. OPV used on glass is capable of transforming sunlight into […]

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National Energy Partners Secures $15 Million in Financing from Forum Equity Partners

National Energy Partners (“NEP”) and Forum Equity Partners (“Forum”) announced that they had signed an agreement in which Forum will provide up to $15 million in growth financing for NEP, a leading developer of distributed Photovoltaic Solar Generation Systems for commercial and municipal customers. Under the agreement, Forum will provide development capital and construction equity […]

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Former First Solar CEO to Lead EOS Energy Storage

Eos Energy Storage – a safe, ultra-low cost Znyth battery major announces incumbency of former CEO of First Solar – Jim Hughes. Joining as Chairman of the Board, Jim will be responsible to avant-garde the company from technology development to commercial manufacturing and product deployment. The strategic appointment comes amid the company’s announcement of a $23M Series […]

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Viking Cold Solutions’ Thermal Energy Storage system demonstrates over 30% energy savings in a 3rd party study and is recommended for adoption by utilities in California

Viking Cold Solutions, announced that a Southern California Utility, along with an independent 3rd party energy management firm, ASWB Engineering, completed a Field Demonstration Study of the Viking Cold Thermal Energy Storage (TES) system. The study verified a reduction in electricity consumption of 30% and 39% in two separate low temperature cold storage facilities in the San […]

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Vasari Energy Doubles Solar Project Development in Arizona to 140 MW

Vasari Energy has announces the expansion of its utility-scale solar project in Maricopa County and Gild Bend, Arizona, doubling the company’s solar generating projects within the state, and increasing capacity from 68 MW to 140 MW. The California based energy provider plans to construct and operate a solar facility on the 900 acre development site which will connect the Arizona transmission grid “The Maricopa […]

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