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NDB, ISA Join Hands to Promote Solar Energy

The Declaration was signed by K V Kamath, the NDB President and Upendra Tripathy, Interim Director General of ISA, in the presence of Finance Minister Arun Jaitley. The New Development Bank (NDB), formerly known as the BRICS Development Bank, and International Solar Alliance (ISA) has tied up to promote solar energy across the globe. “On […]

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Green Energy: Ukraine to Launch Its First Solar Power Plant at Chernobyl

According to the company, the solar installation is to go on stream within weeks. Ukraine’s Chernobyl is all set to launch its first solar plant to revive the abandoned territory. The new one-megawatt power plant is located just a hundred metres from the new “sarcophagus”, a giant metal dome sealing the remains of the 1986 […]

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Fortum Connects 100MW Solar Power Plant to Grid in India

The completion of Pavagada solar power park has double the Fortum’s solar production capacity in India from 85 to 185 MW. Fortum has now connected a 100-MW solar power plant to grid at Pavagada solar park in the Tumkur District, Karnataka, India. This solar power plant more than doubles Fortum’s solar production capacity in India […]

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Developing World Says Rich Nations Shirking On Climate Change Pledge

The climate change pact rests on voluntary carbon-cutting pledges from virtually every country in the world. The failure of wealthy nations to deliver on short-term climate commitments could hinder the rollout of a landmark treaty, a bloc of 134 developing countries, including India and China, warned today at UN negotiations in Bonn. The diplomatic spat […]

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Mechanochemistry Paves the Way to Higher Quality Perovskite Photovoltaics

Mechanochemistry is a rapidly developing field of science dealing with chemical reactions occurring directly between solid-phase compounds upon activation by mechanical force. For several years, tension has been rising in line with the approaching commercialization of perovskite photovoltaic cells. Now, there has been another small earthquake: it turns out that devices based on these materials […]

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Bifacials Changing Face of The Solar Industry

As solar technology has improved over the last decade, the prices have dropped exponentially as module efficiency has advanced. In recent years, there’s been a growing concern that we are approaching an efficiency ceiling. Bifacial solar cells and modules are making a big comeback as the photovoltaic industry is looking for more ways to generate […]

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EBRD Earmarks 200 Million Euros for Renewables in Kazakhstan

The EBRD Board of Directors has approved a financing framework of up to €200 million. This will be used to finance primarily private renewable energy projects with a total generating capacity of 300 MW within the next five years. As Kazakhstan prepares to celebrate the 25th anniversary of its independence, the European Bank for Reconstruction […]

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First Project of BRICS Development Bank Starts Operation

The The New Development Bank approved its loans worth USD 811 million in April 2016. Four of the bank’s loan projects are in China. The first project funded by The New Development Bank, set up by India and other members of the BRICS grouping of emerging economies, has started operation in Shanghai. The USD 76 […]

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Global Solar Investment to be Higher than Coal, Gas and Nuclear Combined in 2017: Frost & Sullivan

Frost & Sullivan forecasts the global solar investment to be higher than coal, gas and nuclear combined in 2017. With prices for both solar and wind continuing to decline, renewable investment keeps booming at the expense of traditional power generation. Lower project costs and continued regulatory support for renewable energy in key markets will see […]

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