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Europe

Greek Island First in Mediterranean to use Renewable Energy

The Greek Island is said to have a winter population of 400 and that of summer is around 3,000 which relies greatly on the uncertain electricity supplies. Tilos, a Greek island between Rhodes and Kos, has launched its first ever solar and wind power plant in order to reduce reliance on non-renewable energy sources. The […]

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China’s Goldwind, UNSW Ally for Australia’s 1st Wind Technology Test Lab

AUD 2 million Memorandum of Understanding (MoU) had been signed between the parties at the UNSW China Center inaugurated in Shanghai earlier. China’s largest wind turbine technology and energy solutions provider, Goldwind has partnered with Australia’s University of New South Wales (UNSW) to establish the country’s first ever laboratory to test renewable wind technology. As […]

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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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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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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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