SUBSCRIBE NEWS LETTER

Renewable energy generation

Adani Green Seals Its Largest Project Financing Of USD 1.36 billion

Adani Green Energy Ltd (AGEL) announced a follow-on funding of USD 1.36 billion (Bn) to further boost its Construction Financing Framework to USD 3 Bn backed by a consortium of renowned international banks.  The renewable energy firm said that the green loan facility would play a pivotal role in enabling the development of AGEL’s next […]

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Possible To Abate 400 Mt CO2 Emissions Globally With Carbon Capture: IEA

IEA (International Energy Agency) report on carbon capture and storage identifies challenges in deployment of clean energy technology and in reducing carbon emission. It also compares carbon capture technology, which based on technology for CO2 reduction, with solar PV (Photovoltaic) technology which aim at electricity generation. The report finds that, the depending on other variables […]

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Sierra Leone Set to Welcome its First Wind Farm in Sherbro Island

Sierra Leone is set to welcome its first wind farm at Sherbro Island. Towards this, the generation unit of Octopus Energy has joined hands with Idris Elba and Sherbro Alliance Partners (SAP) to realise this goal. Sherbro Alliance Partners is an infrastructure development firm. The significant announcement was made at COP28. The agreement will pave […]

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TOPCOn Makes Inroads In India’s Solar Manufacturing Sector

Around 2019, mono-PERC (Passivated Emitter Rear Contact) was well on its way to dominate the solar market in India, in a market that was ruled by polycrystalline modules until then. Researchers and developers had already estimated its dominance five years ago in 2014, but it took a wholesale shift to mono-PERC by leading Chinese manufacturers […]

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Sungrow’s 1+X Modular Inverters Back Brazil’s Solar 267MWp

Sungrow, the leading global inverter and energy storage system supplier, announced that the Company supplied Comerc Renew, BU (business unit) of centralized renewable generation of Comerc Energia Group, with its featured 1+X Modular Inverter solutions to a 267 MWp PV project in Brazil.The project is seen as a significant milestone in Brazil’s renewable ambitions. The […]

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EU Action Plan Proposes 40% Investment In Electricity Grids Till 2030

The European Union (EU) Commission released an ‘Action Plan’ which supports the European Green Deal. The Commission’s proposed action plan aims at supporting the Europe’s electricity demand, which is expected to increase by 60% till 2030. The prosed system is expected to help deliver a digitalized, decentralized and flexible system. It claims to accommodate millions […]

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To Triple RE Capacity, India Needs 448GW Of Solar Power By 2030: Report

A latest report by global think tank Ember said that plan to triple its renewable energy capacity by 2030 in India, would require an additional financing of $293 billion. The analysis finds that India’s 14th National Electricity Plan (NEP14) put the country on track to more than triple its renewable energy capacity by 2030. But […]

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Remove Fossil Fuel Subsidy To Meet 2030 RE Targets: BloombergNEF

A latest report from BloombergNEF on the issue of global renewable targets claimed that solar is on track for what’s needed to achieve the 2030 target. The report highlighted that the world needs to reduce subsidies in fossil fuels to boost the growth of renewables. This comes at a time when several global leaders are […]

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