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ADB Provides $250 mn to EESL to Expand Energy Efficiency Investments in India

ADB has approved a loan of USD 250 million as part of an assistance package to EESL to expand energy efficiency investments in India. The Asian Development Bank (ADB) has approved a loan of USD 250 million as part of an assistance package to Energy Efficiency Services Limited (EESL), a public sector energy service company, […]

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Microgeneration and Power Trading – Will it work for India

At the outset let us define what is microgeneration. In simple terms, it is defined as the small-scale production of electricity from a low carbon source. This includes the design and installation of advanced distributed generation systems using traditional or renewables technologies. Given that traditional power systems are efficient only at scale, they typically do […]

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EIB Grants €50 mn Loan to Iberdrola for 111 MW Wind Farm in Spain

EIB will provide EUR 50 million in financing to an Iberdrola and Caja Rural de Navarra JV, to build wind energy projects worth a combined 111 MW in Spain The European Investment Bank (EIB) has announced that it will provide EUR 50 million in financing to Renovables de la Ribera, a 50-50 joint venture between Iberdrola and […]

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India and Germany to Collaborate on Development of Solar Projects

India and Germany will collaborate on solar energy projects amongst other projects as part of bilateral cooperation in energy and urban development sectors India and Germany will collaborate on Mumbai Metro and solar energy projects as part of bilateral cooperation in energy and urban development sectors, a senior official with Germany’s Ministry of Economic Cooperation has said. Talking to […]

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EESL and SDMC Partner to EV Infrastructure in Delhi

EESL has signed a Memorandum of Understanding (MoU) with SDMC to establish infrastructure for Electric Vehicles (EV) in the SDMC area over a 10-year period. Energy Efficiency Services Limited (EESL), a joint venture under the Ministry of Power has signed a Memorandum of Understanding (MoU) with South Delhi Municipal Corporation (SDMC) to establish infrastructure for […]

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Engie EPS Supplies 5 MW Storage Solns for RE Project in New Caledonia

Engie EPS, an arm of Engie Group and a specialist in the microgrids and storage solutions, has supplied its storage system of 5MWh for the renewable energy project in New Caledonia. The company has supplied its energy storage solutions to EEC Engie, an arm of Engie Group, for the ‘Lifou 100 percent Renewable Energy by 2020’ […]

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Iberdrola Commissions Lithium-ion Energy Storage System in Spain

Iberdrola subsidiary, i-DE has commissioned the first electrical energy storage system with lithium-ion batteries for distribution networks in Spain. Iberdrola has announced that its electricity distribution arm, i-DE has commissioned and inaugurated the first electrical energy storage system with lithium-ion batteries for distribution networks in Spain. The project, which is the first in the country, […]

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Andhra Pradesh has Developed Over 1 GW of Solar Projects in Naxal Areas

According to MNRE, Andhra Pradesh has reported the development of over 1 GW of ultra-mega solar power projects in Naxal affected regions of the state. According to the information provided by the Ministry of New and Renewable Energy (MNRE), the state government of Andhra Pradesh has reported the development of over 1 GW of ultra-mega […]

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IRENA Report on Future of Solar Photovoltaic

Wind energy and concentrated solar power (CSP) have reduced their costs significantly, but it is solar photovoltaic (PV) that has reduced its costs dramatically, thanks to rapid developments in China. And a new report has predicted that with annual investments of more than 7 billion, Latin America’s solar PV capacity could increase from the current 7 […]

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