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Maharashtra to Solarise Mhaisal Lift Irrigation Scheme

The Irrigation Department of Maharashtra Government has begun to bank on earnest use of renewable electricity to support irrigation for its farmers. In a first of its kind initiative in the state, the Mhaisal Lift Irrigation Scheme will be operated on solar energy. In the irrigation project, the water will be lifted from Krishna River […]

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Trina Solar Lays Claim To Second Rank As Module Supplier Globally

Based on the financial statements of leading module manufacturers, Trina Solar has claimed second rank worldwide in its shipments of 8GW modules in the Jan-March quarter. Trina Solar claims to be one of the world’s largest PV and smart energy total solutions providers. The official statement of Trina Solar says that this is consistent with […]

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Iberdrola signs its largest green loan worth €1 B with Banco Santander

Spanish electric utility Iberdrola has signed its largest green loan with Banco Santander for an amount of €1 billion, which in turn is backed by an Export Credit Agency (ECA), said the company. The loan has a maximum term of 15 years.The funds will be used mainly to finance Iberdrola’s orders to suppliers of turbines […]

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Clean Energy Financing Specialist

Support in technical assistance activities related to innovative financing instruments like InvITs, green bonds, alternate investment funds, concessional financing etc. The technical assistance shall include preparation of concept notes/presentations/reports, stakeholder discussions and transaction support like valuation, structuring and documentation. Developing excel based financial models, concept notes, reports and presentations on financing aspects pertaining to clean […]

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Green ammonia from green hydrogen can reduce India’s fertiliser subsidy burden

A shift to green ammonia would significantly reduce the Indian government’s massive fertiliser subsidy burden and boost energy self-reliance by cutting dependence on imports of expensive liquified natural gas (LNG) for fertiliser manufacturing, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Of course, green ammonia itself would come […]

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Hero Lectro Launches Brand-Owned E-comm Website

In a move towards augmenting its overall brand experience, Hero Lectro, the E-Cycles brand of Hero Cycles Ltd. has announced the launch of its new website to promote D2C sales and strengthen its overall omni-channel presence. With access to Hero Lectro’s complete range of e-cycles and cargo e-bikes, the platform will enable visitors and buyers […]

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Solar resource variability in key global markets increases scrutiny on solar asset performance: Study

A ten-year analysis of solar irradiance released today by Solargis, a data and software architect for bankable solar investments,  has illustrated the impacts of significant resource variability on several key global solar markets including India, Australia and North America. As margins tighten for solar asset owners and investors, investment in high-quality data is crucial to understanding […]

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Andrew Forrest, The Aussie Metals Billionnaire-turned Green Investor

“Our organisations will be going like crazy because for us it’s a minimum $50 billion expenditure,” said Fortescue Metals Group’s billionaire founder Andrew Forrest this week while referring to a major agreement, as per which his Australian iron ore mining company will produce 10 million tonnes of hydrogen for German energy giant E.ON. Fortescue later […]

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Vestas Will Discontinue Four Wind Energy Projects in Russia

Danish wind energy major Vestas will reportedly stop four wind farm projects that are being developed currently in Russia. This is an outcome of the Russian invasion of Ukraine, which had drawn sanctions especially from the US and Europe. The development of the four key wind energy projects commenced by Vestas in September, 2021. These […]

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