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GE Renewable Energy

USAID, DFC to Grant $41 Mn Loan to Help Indian SMEs Finance Rooftop Solar

USAID and DFC are sponsoring a USD 41 million loan portfolio to help finance investments by Indian SMEs in renewable energy, including rooftop solar. The United States Agency for International Development (USAID) and the U.S. International Development Finance Corporation (DFC) are jointly sponsoring a USD 41 million loan portfolio guarantee to help finance investments by […]

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Sunlight Secures ~$2.5 Bn in Solar Financing via Expanded Partnership With Tech CU

Sunlight Financial, a premier, technology-enabled point-of-sale residential solar financing platform, today announced that Tech CU, a Silicon Valley-based credit union, has committed to fund another nearly $2.5 billion in residential solar and storage systems sold and installed by Sunlight partners over the next three years, expanding upon a long-term partnership between Sunlight and Tech CU […]

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Adani Green Raises $1.35 Bn for 1.69 GW of Solar, Wind Assets in Rajasthan

Adani Green Energy has successfully raised USD 1.35 billion to initially finance a 1.69 GW portfolio of solar and wind projects in Rajasthan. Adani Green Energy Limited (AGEL) has announced that it has successfully raised a USD 1.35 billion debt package for its under-construction renewable asset portfolio through definitive agreements signed with a group of […]

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Shuchi Anant Virya Partners with HPCL to Build EV Charging Points

Shuchi Anant Virya, a 50:50 joint venture of a renewable energy solutions provider Fourth Partner Energy and EV fleet operator Lithium Urban Technologies, was set up for electric vehicle (EV) charging infrastructure in March 2020. Today, Suchi Anant Virya has announced its partnership with ONGC owned Hindustan Petroleum Corporation Limited (HPCL) , to set up […]

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EESL Report Reinforces the Objectives of India Cooling Action Plan

Energy Efficiency Services Limited, (EESL), a joint venture under the Ministry of Power, Government of India, with support from Global Environment Facility (GEF) and UN Environment Programme (UNEP) launched a market assessment study for Super- Efficient ACs. A report on District Cooling Potential in India was also launched in collaboration with UNEP, GEF, District Energy […]

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Siemens Commissions India’s First HVDC Power Transmission Link

Siemens has successfully commissioned India’s first high-voltage direct current (HVDC) link between Pugalur and Thrissur. Siemens Limited has announced that it has successfully commissioned India’s first high-voltage direct current (HVDC) link featuring voltage-sourced converter (VSC) technology. The 2,000 megawatts (MW) electricity transmission system, consisting of two links between Pugalur in the state of Tamil Nadu […]

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Five Years After Paris Agreement, Slow Progress On RE Commitments- IRENA

The International Renewable Energy Agency has released a report including updates on renewable energy and climate change pledges after five years of the Paris Agreement. With the adoption of the Paris Agreement on 12 December 2015, nearly all countries around the world agreed to keep the rise in the average global temperature well below 2 […]

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GWEC: 22 GW Wind Power Additions in North, Latin America In 2020

A recent report by the Global Wind Energy Council (GWEC) confirms that both North and Latin America, installed nearly 22 GW of new capacity of wind power in the region, a 62 percent spike over 2019 beating back the impact of COVID 19 comprehensively. According to the latest data released by GWEC Market Intelligence, in […]

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