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EBRD May Extend $ 35.3 mn Loan for 30 MW Solar Park in Kazakhstan

The construction of the PV Park is seen to help offset around 49,000 tons of carbon dioxide (CO2) emissions and lower reliance on power imports and related transmission losses. The European Bank for Reconstruction and Development (EBRD) is thinking to grant a loan of USD 35.3 million for 30 MW solar parks in Kazakhstan. Subsidy […]

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E.ON launches ‘Fix and Drive’ Tariff for EVs

The consumers have to sign up with the company to avail the offer of a fixed unit price for which they will have to undertake free driving miles per year. Germany based leading electric utility service provider, E.ON has launched a rewarding tariff for the electric vehicle (EV) owners. The consumers have to sign up […]

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London District embarks Green Car Parking Tariff

The parking programs set by the company have marked GBP 6.8 an hour for oldest and the most polluting vehicles and GBP 4 for vehicles qualifying for low emissions. How more would a country contribute towards a greener future? Now, at the London’s Square Mile parking lot, drivers will have to pay a parking tariff […]

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Global Solar Capacity to Reach 1 TW Mark by 2023

China, India and Japan will account for the biggest share in the development of the capacity according to Solar Market Outlook Update for Q2 released by GTM Research. Leading information services provider in next-generation electricity systems, GTM Research declares global solar capacity to surpass 1 terawatt mark by 2023. Surprisingly, China, India and Japan will […]

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REC Signs € 200 mn Loan Agreement with Germany’s KfW Bank

This is REC’s fourth line of credit under Indo-German Development Cooperation which will be utilized to fund green energy projects in India. State-run entity responsible for financing rural infrastructural projects, Rural Electrification Corporation (REC) has signed a loan agreement with German bank KfW worth euro 200 million for funding renewable energy projects. This is REC’s fourth line […]

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Ikea’s Hyderabad Store to use Solar-powered Rickshaws for Delivery

The solar powered auto rickshaws will be run by electric motors which will source energy from batteries which will be charged at the Ikea’s solar facility fitted with around 4,000 rooftop solar panels. Excess energy will be used by the store inside. Sweden based MNC furniture and home accessories company, Ikea has opened its store […]

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India Far from 100GW Solar Power Target: CRISIL

The agency also stated in the report that with best possibilities the country would be able to attain 78 to 80 GW of solar power by the end of 2022 up from the current installed capacity of 21.65 GW. Impacting the solar sentiments of India, ratings and research agency, Credit Rating Information Services of India (CRISIL) has asserted that India […]

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Airbus’ High Altitude Solar Aircraft ‘Zephyr’ Flies for 26 Straight Days

The purpose of the Airbus aircraft is to provide local satellite-like services. It is believed to endure like a satellite, focuses like an aircraft and is cheaper than either of them. European aerospace giant, Airbus claims a 26-day run of its High Altitude Pseudo-Satellite unmanned aircraft, Zephyr in a single stretch. The purpose of the […]

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