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Australia Offers USD 340 Million in Climate Funding to Pacific Islands

Australia will be granting a USD 340 million climate change package to the pacific island countries to help them invest in renewable energy projects Prime Minister Scott Morrison has announced that Australia will be granting an AU$ 500 million (USD 340 million) climate change package to the pacific island countries. The move to grant the […]

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Andhra Tenders for Rooftop Systems on Government Buildings

NREDCAP has issued a tender for the implementation of solar rooftop systems on government buildings in Andhra Pradesh under RESCO model. The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has issued a tender, inviting bids from eligible bidders for implementation of grid-connected solar rooftop systems on government buildings in the state under […]

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Assam Tenders for 8 MW Rooftop Plants in Residential Sector

Assam Energy Development Agency has tendered for setting up 8 MW rooftop solar systems for the residential sector in the state. The Assam Energy Development Agency (AEDA) has announced a new tender for setting up of 8 MW grid-connected rooftop solar power systems under the CAPEX model for the residential sector in the state. The […]

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Japan’s GPIF and ADB Partner to Finance Green Projects

ADB and Japan’s GPIF recently formed a partnership to support green project financing through investments in ADB’s green bonds. The Asian Development Bank (ADB) and Japan’s Government Pension Investment Fund (GPIF) recently formed a partnership to support green project financing through investments in ADB’s green bonds. “We are pleased to collaborate with GPIF on this […]

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Macquarie to Acquire 40% of Iberdrola’s 714 MW Scottish Offshore Wind Farm

Macquarie Green Investment Group has entered into an agreement to acquire a 40% stake in the East Anglia ONE offshore wind farm from Iberdrola Macquarie Green Investment Group (GIG) has entered into an agreement, subject to the satisfaction of customary completion conditions, to acquire a 40 percent stake in the East Anglia ONE (EA1) offshore […]

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Portugal Awards World’s Lowest Cost Solar Contract

Portugal has for now become the country with the world’s lowest-cost solar PV contract. After it offered contracts worth just €14.76/MWh Portugal has for now become the country with the world’s lowest-cost solar PV contract. After the European nation offered the lowest ever contracts worth just €14.76 per Megawatt Hour (MWh), or $16.54 per MWh in the […]

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Resiliency to Drive US Microgrid Growth: WoodMac

A new report has predicted that the US microgrid industry may find substantial future growth in areas that are repeatedly affected by power outages, as customers seek out resiliency solutions. The U.S. microgrid industry may find opportunities for substantial future growth in geographical areas that are repeatedly affected by power outages, as customers seek out […]

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Central Railways’ Danapur Division to go Solar

The East Central Railways’ Danapur division has reportedly taken a decision to switch completely from the conventional power to solar energy. The Indian Railways Danapur division has signed an agreement with a private company and is likely to install solar energy systems at all its main office buildings and railways stations by the end of […]

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China’s Benling Planning New E-Bike Launch in India

After successfully selling close to 800 electric two-wheelers in the country, Chinese EV maker Benling India is planning to launch an all-new electric bike to rival India’s Revolt 400. Boosted by the demand for its electric two-wheeler products, China’s Benling has announced its plan to expand its electric portfolio with more EVs soon. Benling India […]

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