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EBRD Lends 5.9 Mn Euros for 15 GW Macedonian Solar Plant

Since the new solar plant is located at the site of an exhausted lignite coal mine it will also support ELEM’s efforts to rehabilitate the 26 hectare mine site. The European Bank for Reconstruction and Development (EBRD) is lending 5.9 million euros to ELEM, Macedonian state-owned electricity company, to build the first large-scale solar power […]

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Vibrant Gujarat to See RE Deals Worth Rs 50,000 Cr

Gujarat Power Corp Ltd, owned by the Gujarat government, will be laying the foundation stone for one of the biggest solar power park. The 9th edition of the Vibrant Gujarat Global Summit 2019 (VGGS) which is happening from January 18th to 20th, 2019, is expected to witness investment commitment of a massive Rs 50,000 crore […]

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EBRD Issues 600 Mn Euro Green Bonds

The proceeds of EBRD’s bonds are earmarked to support a specific portfolio of environmentally and socially sustainable projects. The European Bank for Reconstruction and Development (EBRD) has issued a five-year 600 million euro ($685 million) green bond, the bank said in a statement. This transaction represents EBRD’s inaugural benchmark Green Bond in the EUR market, […]

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Texas Can Be Free of Coal, Study Finds

Texas could meet a significant portion of its electricity demand from renewable power without investing much into extensive battery storage. Texas is the state from where the USA started its journey of oil, turns out it is also the place where wind and solar energy can provide power round the clock, a new research has […]

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Canadian Solar to Provide EPC Services for Australian Solar Farm

The solar plant will be built on approximately 1,000 acres of grazing, crop and irrigated lands near Finley, New South Wales, Australia. Canadian Solar has recently announced that it will be partnering with Signal Energy to provide engineering, procurement and constructions (EPC) services and supply solar modules for ESCO Pacific’s 175MWp Solar Farm in Australia. […]

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Indian Railways to Set Up 1 GW Solar Capacity by 2020-21

Indian Railways has an existing capacity of 71.19 MW of Solar plants from rooftops solar installations at various Railways stations. Ministry of Railways has planned to set up 1000 Mega Watt (MW) solar power by 2020-21 which would help Railways to source about 10% of its electrical energy from renewable source, Minister of State of […]

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Cabinet Gives Approval to India’s Approach for COP 24

The key focus of meeting was to finalize guidelines for implementation of Paris Agreement in post 2020 period. The Union Cabinet chaired by Prime Minister Narendra Modi has given its ex-post facto approval to the negotiating stand of India at the 24th Conference of Parties (COP) to the United Nations Framework Convention on Climate Change […]

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Ørsted Commissions 20 MW Battery in UK

The 20 megawatt (MW) battery, located in Liverpool, consists of three battery containers, as well as the associated power conversion system. Ørsted, Denmark’s biggest energy company has commissioned its first large-scale battery energy storage project of 20MW capacity. This project supports the 90MW wind farm’s production scheduling as well as providing some grid services. The […]

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100% Electrification in 25 States: RK Singh

Now, only about 10.48 Lakh households are left to be electrified in 4 States, Assam, Rajasthan, Meghalaya and Chhattisgarh. By the end of 2018, India has achieved 100% electrification in households in 25 states, The Minister of State for Power and New & Renewable Energy RK Singh said. Now, only about 10.48 Lakh households are […]

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