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Energy Transition

India and ADB Sign $175 Million Loan Agreement to help improve Solar Transmission System

Asian Development Bank has granted $175 Million Loan Agreement to India for supporting construction of high voltage transmission systems to evacuate power generated from new mega solar parks. The Government of India and the Asian Development Bank (ADB) signed a $175 million loan agreement to support construction of high voltage transmission systems to evacuate power […]

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Hero Future Energies Raises USD 125 Million from World Bank’s private investment arm to fund RE projects

HFE signed an agreement with IFC for the investment, the proceeds of which will be used to fund the construction of wind  and solar power plants Hero Future Energies (HFE) has raised US$ 125 million in equity infusion from International Finance Corporation (IFC), the World Bank’s private investment arm.  HFE signed an agreement with IFC […]

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Suzlon Partners with AMP Solar for 15 MW Solar Project in Telangana

Suzlon Group has partnered with the AMP Solar for the development and construction of a 15 MW Solar PV Project located at Achampet, Mahaboobnagar District, Telangana. Under agreement signed between Suzlon Group and the AMP Solar on December 21, 2016, the AMP Solar shall acquire a 49% stake in Rudra Solarfarms Limited, a special purpose […]

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First Funding agreement signed for ARENA’s program to accelerate the rollout of big solar projects

Australian Renewable Energy Agency’s program to drive down the cost and accelerate the rollout of big solar projects has just seen the first funding agreement signed. The new agreement commits up to $8.9 million of ARENA funding towards Genex’s $126 million Kidston Solar Project in North Queensland. ARENA CEO Ivor Frischknecht said the Kidston project was […]

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Oxford PV secures £8.1m funding and three key strategic investors

Oxford Photovoltaics has announced a further equity investment of £8.1million, which adds to the company’s £8.7m first close investment announced on 18 th October 2016. The bulk of this investment comes from three new strategic investors Statoil ASA, Legal & General Capital and a technology-focused, innovative family fund investor who sees the potential of the […]

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Yingli Leads the Development of the First Clean Production Evaluation System for China’s PV Industry

Yingli Green Energy Holding Company Ltd. today announced that The Clean Production Evaluation Index System for PV Cells (the “System”) was recently officially released by the National Development and Reform Commission (“NDRC”), Ministry of Environmental Protection, and the Ministry of Industry and Information Technology (“MIIT”). The System was jointly developed by China National Institute of […]

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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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