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SolarEdge to Acquire S.M.R.E. Spa

The company has more than fifteen years of experience developing end-to-end e-mobility solutions for electric and hybrid vehicles. SolarEdge Technologies a global leader in smart energy, has announced its entry into a definitive agreement to acquire S.M.R.E Spa. SMRE provides innovative integrated powertrain technology and electronics for electric vehicles. Founded in 1999 SMRE has three []

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Andhra Pradesh Launch New Wind Energy Policy

The policy shall come into operation with effect from the date of issuance and shall remain applicable for a period of five years. In order to promote Wind power projects in the state of Andhra Pradesh, the state government has recently released the Andhra Pradesh Wind Power Policy 2018. To meet the twin objectives []

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EBRD Lends 5.9 Mn Euros for 15 GW Macedonian Solar Plant

Since the new solar plant is located at the site of an exhausted lignite coal mine it will also support ELEMs efforts to rehabilitate the 26 hectare mine site. The European Bank for Reconstruction and Development (EBRD) is lending 5.9 million euros to ELEM, Macedonian state-owned electricity company, to build the first large-scale solar power []

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Vibrant Gujarat to See RE Deals Worth Rs 50,000 Cr

Gujarat Power Corp Ltd, owned by the Gujarat government, will be laying the foundation stone for one of the biggest solar power park. The 9th edition of the Vibrant Gujarat Global Summit 2019 (VGGS) which is happening from January 18th to 20th, 2019, is expected to witness investment commitment of a massive Rs 50,000 crore []

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Vikram Solar Wins Best Contribution in Solar Energy at CBIP Awards

The award was conferred to the module maker by R. K. Singh, Minister of Power and New and Renewable Energy. Amongst other awardees were Hero Future Energies and West Bengal State Electricity Distribution Company (WBSEDCL). Countrys one of the leading module makers Vikram Solar has been awarded with Best Contribution in Solar Energy at the []

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Govt Mandates Mass Emission Standard for BS-VI on Pan India from Apr 2020

The government has also notified that the registration mark for Battery Operated Vehicles to be on a Green background. The Government of India has mandated mass emission standard for BS-VI throughout the country with effect from April 01, 2020, told Mansukh L Mandaviya, Minister of State, Road Transport & Highways in a written reply to []

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EBRD Issues 600 Mn Euro Green Bonds

The proceeds of EBRDs bonds are earmarked to support a specific portfolio of environmentally and socially sustainable projects. The European Bank for Reconstruction and Development (EBRD) has issued a five-year 600 million euro ($685 million) green bond, the bank said in a statement. This transaction represents EBRDs inaugural benchmark Green Bond in the EUR market, []

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Oakridge Energy Raises Line of Credit for Residential Rooftop Solar

Oakridge will use this money to offer payment plans to home owners who install solar rooftop plants with easy repayment options. One of North Indias leading residential rooftop solar companies, Oakridge Energy has raised the first line of credit from the Indian arm of Dutch social impact investor Oikocredit. The credit has been provided for []

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Texas Can Be Free of Coal, Study Finds

Texas could meet a significant portion of its electricity demand from renewable power without investing much into extensive battery storage. Texas is the state from where the USA started its journey of oil, turns out it is also the place where wind and solar energy can provide power round the clock, a new research has []

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