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energy investments

EDF Announces to Develop 30 GW of Solar Capacity in France by 2035

EDF will invest about 25 billion euros to develop 30 gigawatt of solar capacity in France between 2020 and 2035. French state-controlled utility EDF announced it plans for a big push into solar energy in France that will cost up to €25bn. Jean-Bernard Lévy, EDF chairman and chief executive said the utility will invest about […]

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Kenyatta University Turns on 100KW Solar Power Plant

The 100KW solar power plant has cost a total of Sh17mn (US$165,400) and is located on the university’s main campus in Kenyan capital city, Nairobi. Kenyatta University located in Kenya’s capital city, Nairobi, has switched on the first phase of its solar power plant. The 100KW solar project has cost a total of Sh17mn (US$165,400) […]

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Old Mutual to Build 50 MW Solar Power Plants in Zimbabwe

The projects will entail the construction of two solar power plants in Gwanda and Chipinge Old Mutual plans to construct solar power projects in Zimbabwe with capacity to generate at least 50 megawatts, a senior official has said. The projects will entail the construction of two solar power plants in Gwanda and Chipinge, Old Mutual […]

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Solar Business: Greenlight Planet Raises $60 Million led by Apis Partners

Greenlight Planet will use the new debt and equity capital to expand its solar-energy product lines, distribution networks, and financing capabilities in Africa and Asia Renewable energy firm Greenlight Planet Inc has raised $60 million in a funding round led by London-based private equity fund manager Apis Partners. The debt and equity round, which was […]

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Jaguar Overseas to Complete First Tariff Based Solar Power Plant in Afghanistan

EPC Company has announced its progress in construction of its 10MW Afghanistan solar power project which is also the country’s first tariff based solar power plant. Jaguar Overseas, a New Delhi headquartered, Global Project Engineering-Procurement-Construction (EPC) Company has announced its progress in construction of its 10MW Afghanistan solar power project which is also the country’s […]

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International Solar Alliance Developing Risk Mitigation Mechanism to be Ready in a year

The International Solar Alliance will become a treaty-based international intergovernmental organisation on December 6, 2017. A mechanism for reducing the risks associated with financing of solar power projects and make them workable under the aegis of the International Solar Alliance (ISA) is set to be rolled out in a year, the Ministry of New and […]

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ISA to become a Treaty-based International Intergovernmental organization tomorrow

46 countries sign and 19 ratify the Framework Agreement of ISA In terms of its Framework Agreement, with ratification by Guinea as the 15th country on 6th November 2017, the International Solar Alliance (ISA) will become a treaty–based international intergovernmental organization tomorrow on 6th December 2017. The ISA, headquartered in India, has its Secretariat located […]

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Trina to Invest $500 Million in Indian Solar Industry

The company has purchased a land near Visakhapatnam to set up a manufacturing plant to produce solar cells and module of capacity of more than 1GW in 2015.   The world’s largest solar panel developer, Trina Solar is vying to pump in $500 million of investments in India if the profits are in favor. The […]

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Fortum to Buy 35 MW of solar power capacity in Russia

The Finnish power utility has agreed to acquire three solar power companies from Hevel Group in Russia. Finnish power utility Fortum has agreed to acquire 35 MW of solar power in Russia from local group Hevel. The Finnish company said the seller was Russian solar module maker and project developer Hevel Solar, without disclosing the […]

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