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GE Renewable Energy

Haryana govt. exempts solar devices from VAT to encourage manufacturing in the state

Solar devices exempted from VAT includes solar lanterns, solar home systems, stand-alone street lighting systems, solar water heating systems, solar water pumping systems, solar cooker boxes and dish type, solar chargers or inverters and solar photovoltaic modules. The Haryana government has exempted solar devices, equipment or parts used in installation of solar power projects from […]

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Mercedes-Benz Energy, Vivint Solar partners to Bring Automotive Battery Innovation to the U.S. Residential Solar Market

The two companies will introduce a joint offering that will provide customers with the German engineering and performance of Mercedes-Benz Energy batteries coupled with Vivint Solar’s expertise in designing, installing and servicing solar energy systems. Mercedes-Benz Energy and Vivint Solar announced an exclusive strategic collaboration to bring the Mercedes-Benz customizable home energy storage system to […]

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Boost to India’s renewable energy plan as China steps-up investment in solar

“Chinese investments in Indian coal projects have been declining. At the same time, Chinese investments in India on solar projects are slowly increasing,” India is treading a strong renewable energy path post-Paris Agreement as it witnesses a step-up in Chinese investments in solar energy. Additionally, there’s a significant slowdown in Chinese investments in thermal power […]

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Fronius SnapINverters are Increasing the Supply of Renewable Energy Around the World

With SnapINverter from Fronius, The vision of 24 hours of sun is growing ever closer. Solar technology pioneer Fronius has developed a generation of inverters that are inspiring planners, installers and PV system operators alike: the SnapINverter. These devices are already being used successfully in a wide range of applications around the world, from family […]

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ADB Issues Green Rupee-Linked Bond to Support Renewable Energy in India

ADB’s green rupee-linked bond to support renewable energy in India carries a 6.00% interest rate with a 3.75-year maturity, falling due in February 2021. The bonds, which are denominated in Indian rupees but settled in US dollars, were underwritten by JP Morgan and TD Securities as Joint Lead Managers The Asian Development Bank (ADB) has […]

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Vietnamese Province Green-Lights $35 Million Solar Energy Plant

The 30 MW solar energy plant is being developed as a joint venture between local energy companies Song Lam Investment & Construction and Song La Energy JSC, and is being entirely domestically-funded, with a total investment of VND800 billion (US$35 million). Vietnam’s north-central province of Thanh Hoa is set to build a new 30 MW […]

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8minutenergy Expands Into Energy Storage Market With 1 Gigawatt Project Pipeline

8minutenergy is working with industry-leading manufacturers to offer energy storage solutions featuring lithium-ion and flow batteries, flywheels, and other storage mediums 8minutenergy Renewables has announced that it has expanded into the energy storage market with a 1 gigawatt (GW) project pipeline. The company is focused on standalone storage and hybrid (solar PV + storage) systems, […]

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International Finance Corporation to Invest 40 Million Dollars in Tata Cleantech Capital to Promote Renewable Energy Projects

World Bank’s private-sector arm will use the money raised through green bonds to financing environment-friendly Renewable Energy Projects. International Finance Corporation is planning to invest up to $40 million in Tata Cleantech Capital Ltd’s (TCCL) green bond issue to help the company expand long-term environment-friendly infrastructure funding. The money raised through green bonds will be […]

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Odisha CM seeks intervention of PM for early set up of National Institute of New Energy in the state

Odisha government has allocated about 73.86 acres of land free of cost near IIT, Bhubaneswar for the construction of the proposed National Institute of New Energy (NINEI), the Ministry of New and Renewable Energy is yet to take possession of the land and start construction of the building Odisha Chief Minister Naveen Patnaik has sought […]

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