SUBSCRIBE NEWS LETTER

World Bank

IEA Predicts Global Energy Demand Recovery Only In 2025, Key Solar Role

The International Energy Agency (IEA), in its annual World Energy Outlook 2020, (WEO-2020) has predicted a return to normalcy for world energy demand only by 2025. This is mainly due to the sluggish recover being experienced from the Covid pandemic worldwide, including fears of a second wave of infections in key markets like Europe and […]

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Fimer Connects its Central Inverters at the 750 MW REWA Solar Park

Fimer has installed its PVS980-58 2 MVA central inverters to power what is at the moment the country’s largest single-site solar power plant at REWA. As India aims to meet ambitious targets to achieve 175 GW (gigawatt) of installed renewable energy capacity by 2022, Fimer has announced that it has installed its PVS980-58 2MVA (megavolt […]

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SECI’s 100 MW Solar Plus 50 MW Storage Tender Gets Timeline Changes

SECI’s latest tender for the commissioning of a 100 MW solar along with a 50 MW storage in Chhattisgarh has seen alterations to some tender dates. Solar Energy Corporation of India’s (SECI’s) latest tender for the commissioning of a 100 MW (ac) solar project (200 MWdc) along with a 50 MW/ 150 MWh Battery Energy […]

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Tender Issued for 100 MW Wind Projects in Bangladesh

BPDB has tendered for selection of project sponsors for implementation of wind power projects of 100 MW (50 MW x 2) capacity at two sites in Bangladesh. The Bangladesh Power Development Board (BPDB) has issued a tender for the selection of project sponsors for the implementation of grid-tied wind power projects having a capacity of […]

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SECI Tenders for 100 MW Solar Plus 50 MW Storage in Chhattisgarh

SECI has issued a tender for the commissions of a 100 MW (ac) solar project along with a 50MW/ 150 MWh storage in Rajnandgaon, Chhattisgarh. The Solar Energy Corporation of India (SECI) has issued a tender for the commissioning of a 100 MW (ac) solar project (200 MWdc) along with a 50MW/ 150 MWh Battery […]

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Covid Continues To Reshape India’s Global Solar Ties

The global covid pandemic is reshaping the solar landscape like never before. While on one hand it has jolted countries like India to the need for establishing their own supply chains, on the other hand it has also brought home the imperative for a shared energy future. “We are in the process of overhauling India’s supply chain […]

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Nepal Exported Electricity Worth Rs 60 Crore to India in 2019-20

Nepal has exported electricity worth nearly one billion Nepali rupees to India in the last fiscal year, according to a report published by the NEA. Nepal has exported electricity worth nearly one billion Nepali rupees to India in the last fiscal year, according to a report published by the Nepal Electricity Authority (NEA). During the year, Nepal was able to export electricity worth 95 […]

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Climate Financing by 7 of the Largest MDB’s Totalled $61.6 Bn in 2019

Climate financing by seven of the world’s largest multilateral development banks (MDBs) totalled USD 61.6 billion in 2019 Climate financing by seven of the world’s largest multilateral development banks (MDBs) totalled USD 61.6 billion in 2019, with USD 41.5 billion (67 percent) in low- and middle-income economies, according to the 2019 Joint Report on Multilateral Development […]

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IFC, EBRD, and EU to Support First Solar Project in Armenia

IFC, EBRD and the EU have signed on to support the development of the first utility-scale solar power plant in Armenia, the 55 MW Masrik Solar Project. The International Finance Corporation (IFC), a member of the World Bank Group, the European Bank for Reconstruction and Development (EBRD), and the European Union (EU) have signed on to […]

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