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ET Energy

IFC Grants $25 Mn to NMB Bank to Boost Green Financing in Nepal

IFC is providing a USD 25 million loan to NMB Bank to boost financing for green projects and small and medium enterprises (SMEs) in Nepal The International Finance Corporation (IFC), a member of the World Bank Group, is providing a USD 25 million loan to NMB Bank, one of Nepal’s premier banks, to boost financing […]

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Solis Bags All Quality Matters From TÜV Rheinland for its 5G Inverter

Solis has been awarded the “All Quality Matters” award for its commercial inverters Solis-(25-50) K-5G in recognition for the outstanding product quality in 2020. The 2020 “All Quality Matters” Solar Congress Award Ceremony, organised by TÜV Rheinland, was recently held in Suzhou, Jiangsu. Chinese inverter major Ginlong Solis has been awarded the “All Quality Matters” […]

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UAE’s Post-COVID-19 Recovery Plan Will Focus on Sustainable Economic Growth

The UAE’s post-COVID-19 recovery plan will focus on sustainable economic growth, Dr. Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, said today at a virtual event for Masdar employees. Masdar is playing a leading role both in food security and in renewable energy development, where it is supporting “building a greener, healthier […]

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Average Power Price in RTM Lowers to Rs 2.22 per Unit in June

The average spot power price in the RTM was at Rs 2.22 per unit in June, which is lower than Rs 2.35 per unit in the day-ahead market at the IEX. The average spot power price in the real-time market (RTM) in its first month of operation of June was at Rs 2.22 per unit, […]

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NSEFI Pitches For A 6 Months Extension Across Solar Projects

The New Delhi-based NSEFI (National Solar Energy federation of India) has pitched for a clean 6 month extension for solar projects at various stages  of completion, citing multiple causes for delays beyond the lockdown period laid down by the MNRE. The body, an umbrella federation of stakeholders in the solar energy sector, sent a letter […]

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E-Mobility Firm Magenta Power has a new Technology Head in Sanjeev Tripathi

Magenta Power has announced that it has strengthened its leadership Team with the appointment of Sanjeev Tripathi as the Head of Technology at the company. Leading green energy solutions provider and e-mobility focusses firm – Magenta Power has announced that it has strengthened its leadership Team with the appointment of Sanjeev Tripathi as the Head […]

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MNRE Declares March 25-May 31 as Lockdown Period for RE Projects

MNRE has clarified that the lockdown period for time extension for renewable energy projects will be considered from March 25, 2020, to May 31, 2020. [Updated July 2, 2020 – 09:15] The Ministry of New and Renewable Energy (MNRE) has issued a new order clarifying that the lockdown period for time extension for renewable energy […]

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REC Group wins prestigious Intersolar Award 2020 for its Alpha solar panels

Norway headquartered REC Group, which has its operational headquarters in Singapore, has announced that its flagship REC Alpha solar panel has won the prestigious Intersolar Award 2020 in the “Photovoltaics” category. For the REC Group, this is the second win at Intersolar for the global module maker, after the  REC TwinPeak Series won in 2015. […]

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