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WB Grant For China RE and Battery Storage Promotion Project

The World Bank has approved a $300 million loan for the China Renewable Energy and Battery Storage Promotion Project to increase RE adoption and transition The World Bank’s Board of Executive Directors have approved a $300 million loan for the China Renewable Energy and Battery Storage Promotion Project to increase the integration and utilisation of […]

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RfP For Consultants To Develop Floating Solar Plants in Arabian Gulf

DEWA has issued an RfP for appointing consultants to study, develop and construct floating solar photovoltaic plants in the Arabian Gulf. The Dubai Electricity and Water Authority (DEWA) has issued a request for proposal (RfP) for appointing consultants to study, develop and construct floating solar photovoltaic plants in the Arabian Gulf. The RfP has been […]

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Govt Planning To Open 50-GW Battery Manufacturing Tenders

Two months after the cabinet okayed the National Mission on Transformative Mobility and Battery Storage, the govt is in the process to open tenders to set up 50-GW battery manufacturing base in India The government is planning to issue tenders inviting companies to set up 50-GW battery manufacturing base in India soon. This will form […]

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CPWD To Install ‘Solar Trees’ in Central Govt Residential Complexes

The Central Public Works Department (CPWD) has directed its officials to explore the possibility of installing “solar trees” in residential complexes of government employees. The move intends to promote renewable energy and reduce carbon footprint by the CPWD, the prime construction agency of the central government. According to an official, the concept of “solar trees” […]

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Market Consolidation will Promote R&D and Growth of Solar: Heraeus

Heraeus Photovoltaics has stated that there is strong evidence that the PV market continues to outperform forecasts. Additionally, current industry consolidation will actually set the stage for a period of high-impact, uncapped innovation. Those insights were some of the major themes of an industry briefing by Heraeus Photovoltaics President Martin Ackermann at the 2019 SNEC […]

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Greece Launches Europe’s Second Renewable Hybrid Power Project

The Greek Island Ikaria became home to the second hybrid project in Europe after a long wait of more than 3 decades Greece’s Public Power Corp (PPC) has launched Europe’s second hybrid renewable energy park, combining wind and hydraulic power, on the island of Ikaria. The first hybrid plant was launched in 1983 on Kythnos […]

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IFC and HSBC Green Bond Targeting Climate Finance in Emerging Markets

IFC and HSBC have announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets. IFC, a member of the World Bank Group, and HSBC Global Asset Management recently announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets, increasing access to […]

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South Sioux City in US To Add 1.5-MW of Battery Storage for Solar Project

The city of South Sioux City will become a “demonstration site” for the storage of electric power generated by the city’s 1,200-panel solar installation. A large-scale battery with the capacity to store 1.5 megawatts of power will be installed by Florida-based NextEra Energy Inc. this winter, according to the City Administrator Lance Hedquist. The battery […]

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Regulatory Challenges a Limiting Factor for RE in India

The increasing share of renewables in the total energy mix of the country may lead to an increase in regulatory challenges for coal-based projects in the long term, global rating agency Moody’s Investors Service has revealed. The higher share of renewable energy in the total energy mix presents key regulatory challenges in terms of integrating new renewable […]

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