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World Bank

IESA Celebrates IESW on the Occasion of 3rd World Energy Storage Day

Global Energy Storage Alliance proposes 22nd September as World Energy Storage Day India Energy Storage Week (IESW) to kick start with a myriad of activities like India Energy Storage & EV Technology Forum, 3rd India Energy Storage & EV Policy Forum, IESA Investment Forum & start-up competition and Masterclass on energy storage manufacturing Pune, India: […]

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BNEF Bankability Survey Ranks Solis 3rd Among Asian Brands

BNEF released its survey entitled ‘Solar Module & Inverter Bankability 2019’, with Solis the third highest-rated firm amongst the Asian brands. Recently, BloombergNEF (BNEF) released its survey entitled “Solar Module & Inverter Bankability 2019”, which included the investigation of inverters for the first time. Chinese Inverter brand Ginlong Solis was revealed as the third highest-rated […]

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Energy Vault Gets $110 mn Investment From Softbank Vision Fund

Energy Vault has announced that it has completed a USD 110 million Series B funding round led by the SoftBank Vision Fund. Energy Vault, the creator of renewable energy storage products that are transforming the world’s approach to long duration, utility-scale energy storage, has announced that it has completed a USD 110 million Series B […]

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Senvion Signs EUR 100 Mn Loan Agreement to Avoid Bankruptcy

The DIP facility enables Senvion to continue its business operations following last week’s self-administration filing.  Germany-based Senvion, a leading global manufacturer of onshore and offshore wind turbines and its lenders and main bondholders have signed a binding loan agreement, setting forth terms for a EUR 100m debtor-in-possession (“DIP”) facility.  The DIP facility has received Board […]

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EXIM Bank Extends 3 LOCs Worth $83.11 Mn to Congo For 3 Solar Projects

The loan will be utilised for financing three solar photovoltaic power projects with a total capacity of 35 MW in the three provinces — Karawa, Mbandaka and Lusambo. The Export-Import Bank of India (Exim Bank0 has, on behalf of the Government of India, extended 3 Lines of Credit (LOC) aggregating USD 83.11 million to the […]

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Exporting Solar. EXIM Bank to Provide $1.4 Bn For Projects in 15 nations

The bank has already provided LOCs worth $226 million to finance 16 solar projects in various developing countries. The Export-Import Bank of India (EXIM) will finance 27 solar power projects worth $1.4 billion spread across 15 countries, according to the Managing Director of the Bank, David Rasquinha. “As an agent of Government of India, we […]

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Egypt Building One of the World’s Largest Solar Parks

The park on completion will house 32 power stations across the 37 sq. km. site and will be able generating close to 1,650 MW of electricity. One of the world’s largest and most ambitious solar energy projects is underway at a site in the Western Desert, some 650 km south of Cairo. The Benban Solar […]

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India brings the world together to discuss Renewable Energy; global community applauds India’s Role

2nd Global Re-invest 2018 a resounding success The Ministry of New and Renewable Energy hosted the First Assembly of International Solar Alliance (ISA), 2nd Indian Ocean Rim Association (IORA) Energy Ministerial Meet, 2nd Global RE-Invest Meet & Expo that concluded today at the India Expo Mart in the National Capital Region. The three events were […]

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Softbank group’s CEO Mr. Masayoshi Son offers free Electricity after 25 years

Chief Executive Officer, Soft Bank Group, Mr Masayoshi Son, addressed the plenary session of the 2nd Global Renewable Energy Investment Meeting and Expo, (REINVEST- 2018), organised by the Ministry of New and Renewable Energy, Government of India. The First Assembly of International Solar Alliance (ISA); the 2nd IORA Renewable Energy Ministerial Meeting and the 2nd […]

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