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clean energy transition

Oxford PV secures £8.1m funding and three key strategic investors

Oxford Photovoltaics has announced a further equity investment of £8.1million, which adds to the company’s £8.7m first close investment announced on 18 th October 2016. The bulk of this investment comes from three new strategic investors Statoil ASA, Legal & General Capital and a technology-focused, innovative family fund investor who sees the potential of the […]

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Geostellar Partners with Progressive National Baptist Convention and Together Solar to Launch Nationwide Community Solar Program

Geostellar, the nation’s original online solar energy platform, announced today a partnership with the Progressive National Baptist Convention (PNBC), a vital Baptist denomination with an estimated membership of 2.5 million people, and Together Solar, a developer of shared-solar energy generation projects, to offer clean, renewable power through PNBC member churches to their communities and congregations. […]

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OPIC, ReNew Power enters into an agreement for 100 MW solar project in Telangana

U.S. Government’s development finance institution, Overseas Private Investment Corporation (OPIC) has signed an agreement with ReNew of approximately $74 million for a 100 MW solar project in Telangana. Announced during the 22nd session of the United Nations Framework Convention on Climate Change Conference of Parties (COP22), this project is expected to diversify the country’s power […]

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LUT developed new model shows the functioning of an electricity system that fulfills the targets set by Paris agreement

Lappeenranta University of Technology (LUT) has developed a new model that shows how an electricity system mainly based on solar and wind works in all regions of the world. The new model also shows the functioning of an electricity system that fulfills the targets set by the Paris agreement by using only renewable energy sources.  […]

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Paris Agreement to combat climate change comes into force

The Paris Agreement to fight climate change becomes international law today; a landmark that UN says signals at the foundation of a new chapter for civilization and demonstrates that countries are serious about addressing global warming. According to Associate Press so far 96 countries, accounting for just over two thirds of the world’s greenhouse gas […]

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You would soon see higher capacity, higher power density inverters for the local markets: ABB

In an Exclusive interview with Saur Energy International – Xavier Scaria, LPG Manager – Solar Inverters, ABB asserted that the organization has a significant role to play in decoupling the growth of carbon emissions in a growing economy like India. He also pointed out about the company’s roadmap, project and challenges. Edited excerpts from the […]

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Tesla makes an offer to acquire SolarCity

Tesla seeks to accelerate the world’s transition to sustainable transportation by offering increasingly affordable electric vehicles. Last year in March the company launched Tesla Energy, which through the Powerwall and Powerpack allow homeowners, business owners and utilities to benefit from renewable energy storage. Now the company has made an offer to acquire SolarCity. The company […]

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India on track for 20GW Goal from Indian Large-Scale Solar Pipeline – MNRE

Ministry of New and Renewable Energy(MNRE) reports that it has accumulated six new projects to its accredited solar parks, which will now create 33 parks across 21 states, with an aggregate PV capacity of 19.9 GW. The promising spur of the Indian National Solar Mission (NSM) has underlined another milestone closer towards a revised 175 […]

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