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EIB Finances 200 MW Solar Projects in Spain, 2 Wind Farms in Austria

EIB is investing EUR 43.5 mn to finance 200 MW solar projects in Spain, and EUR 63 mn for construction and operation of two new wind farms in Austria. The European Investment Bank (EIB) has announced that it is investing EUR 43.5 million to finance the largest solar project in Andalusia and one of the most powerful in […]

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Xpeng Starts Delivery of its Intelligent EV Sports Sedan ‘P7’

Xpeng Motors has begun nation-wide delivery of its new P7 super-long range, high-performance, smart EV sports sedan to customers. Xpeng Motors, a leading Chinese electric vehicle and technology company, has announced that it has begun nation-wide delivery of its new P7 super-long range, high-performance, smart EV sports sedan to customers. This follows the receiving of […]

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Sterling and Wilson Solar to Train Locals in Absence of Full Workforce


Amid uncertainty over the return of migrant labourers, Sterling and Wilson Solar plan to train the locals to compensate for the shortage in their workforce. Sterling and Wilson Solar have announced that amid uncertainty over the return of migrant labourers who left for their villages due to the COVID-19 fears, they plan to train the […]

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How India has Become the World’s Largest Clean Energy Auction Market: BNEF

BNEF has released a new white paper detailing how India has become the world’s largest and most competitive clean energy auction market Bloomberg Philanthropies and BloombergNEF (BNEF) released “India’s Clean Power Revolution,” a new white paper detailing how India has become the world’s largest and most competitive clean energy auction market – and a model […]

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World’s 1st Wireless Charging EV Taxi Fleet to Come up in Oslo

Momentum Dynamics will provide its wireless charging system to Jaguar vehicles to support the City of Oslo with the world’s first wireless EV taxi fleet. Momentum Dynamics has announced that it will provide its wireless charging system to Jaguar Land Rover vehicles to support the City of Oslo with the world’s first high-powered wireless EV […]

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World Bank Approves $750 Mn Credit to Help the Power Sector in Nigeria

World Bank has approved the PSRO of USD 750 million in IDA credit to improve the reliability of electric supply and enhance the overall power sector in Nigeria. The World Bank Board of Directors approved the Power Sector Recovery Operation (PSRO) of USD 750 million in International Development Association (IDA) credit to improve the reliability […]

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The Philippines Power Sector can Reach Resilience by 2021: IEEFA

The Philippines could come out COVID-19 with cheaper electricity prices and a more competitive and reliable power sector a new report from IEEFA details The Philippines could come out COVID-19 with cheaper electricity prices and a more competitive and reliable power sector if it swapped its reliance on expensive coal power for cheaper renewables and […]

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New South Wales Pilot REZ Gets Proposals Worth 27 GW

The government of New South Wales has received proposals for 27 GW of wind, solar and battery storage projects for its pilot 3 GW REZ in the state. The government of New South Wales has revealed that the plan to create a 3-GW renewable energy zone (REZ) in the state has been met with phenomenal […]

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Rs 90,000 Crore Relief Package for Discoms a Non-Starter

The Rs 90,000 crore relief package for Discoms has been a non-starter as state governments are reluctant to extend guarantees on loans given to such Discoms The Union government’s ambitious Rs 90,000 crore relief package plan to inject liquidity for electricity distribution companies (Discoms) has been a non-starter as state governments are reluctant to extend […]

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