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energy investments

Longi Solar Sets New Bifacial Mono-PERC Solar Cell World Record at 24.06%

The company’s latest breakthrough bifacial PERC solar cells tested by CPVT achieved a conversion efficiency of 24.06 per cent. LONGi Solar has achieved a new monocrystalline silicon PERC world record conversion efficiency using commercial wafer (M2) dimensions that exceeds 24 per cent for the first time, according to tests carried out by the National Center of […]

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EBRD Devoted 36% to Green Financing in 2018

It is well on the way to meeting a target of dedicating 40 per cent share of investments to the green economy by 2020. The European Bank for Reconstruction and Development (EBRD) has devoted 36 per cent of its total investments to the green economy in 2018. The bank said in a statement that, it […]

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Adani to Invest Rs 55k Cr in Gujarat including Solar Projects

Further, this will lead to creation of over 50,000 new direct and indirect jobs in the state. Billionaire Gautam Adani has announced over Rs 55,000 crore investment in next five years in a clutch of projects in Gujarat including the world’s largest solar park, a copper plant, a cement unit, and a lithium battery manufacturing complex. Speaking at the […]

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Exicom Wins EV Infrastructure Company of the Year Award

Exicom wins “EV Infrastructure Company of the Year” award at India Energy Storage Alliance (IESA) Industry Excellence Awards 2019 held at 6th Energy Storage India conference & expo. Powered by Customized Energy Solutions and Messe Dusseldorf India, IESA Industry Excellence Awards is an initiative by IESA to recognize the perseverance, innovation and achievements of organizations […]

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REDAVIA Secures $2 M Debt Financing for Expansion in Ghana

“ElectriFI’s funding will be a stepping stone towards the international expansion of our successful delivery model in Ghana,” Erwin added. In order to further expand the leasing of solar assets in Ghana, REDAVIA Global Asset SCA secured a USD 2 million debt financing from ElectriFI to be invested in Ghana in conjunction with the recently signed USD 4 million innovative debt financing deal from responsAbility […]

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EBRD Issues 600 Mn Euro Green Bonds

The proceeds of EBRD’s 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 EBRD’s inaugural benchmark Green Bond in the EUR market, […]

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New Jersey Moves to Phasing Out Solar Subsidies

At New Jersey’s Board of Public Utilities’ board meeting, the Board adopted a rule beginning the process of phasing out the current program. The state of New Jersey in the USA is planning to reduce the financial burden by reducing the subsidies given for the development of solar power. The Solar Renewable Energy Certificate program […]

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BP Sells 430 MW of Wind portfolio in the US

BP Wind Energy will use the proceeds from the deal to fund technology upgrades elsewhere within its substantial remaining US wind portfolio. BP has sold three wholly owned wind facilities totaling 430 MW to funds managed by affiliates of Ares Management Corporation, with Bank of America Merrill Lynch serving as financial advisor to BP in […]

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Industry Bullish on Renewable Sector but Issues Linger

High tariff and the expensive infrastructure mire the sheen of the sector, issues which the industry wants to be resolved in the forthcoming year. The recently held COP24 renewed the focus of world government’s on the increasing need of solar energy and India government and the industry also agrees with the fact. However, high tariff […]

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