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environmental

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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AAI Seeks Contractors for 4 MW Solar Plant at Bhubaneswar Airport

The estimated project cost is Rs 258,781,444 and the project completion timeframe is four months from the time the contract is awarded. The Airports Authority of India (AAI) is looking for an engineering, procurement, and construction (EPC) contractor to develop a 4 MW ground-mounted solar photovoltaic (PV) project at the Biju Patnaik International (BPI) Airport in Bhubaneswar. The […]

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Masdar Launches ‘Noor’ Solar Home System Solution

The solar energy storage systems, equipped with high-performance solar batteries, will provide a cost-effective and sustainable source of electrical power. Masdar, the Abu Dhabi Future Energy Company, building on it’s extensive experience delivering renewable solutions in remote communities, has launched its solar home system solution kits named “Noor”. The kits consist of a fully integrated […]

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MoF Adopts E-Mobility Programme in Partnership with EESL

Further, 28 charging points (24 slow charging points, 4 fast charging points) have also been installed at North Block for charging these vehicles. Marking the adoption of e-mobility, Department of Economic Affairs, Ministry of Finance (MoF), Government of India has signed an agreement with Energy Efficiency Services Limited (EESL), an entity under Ministry of Power […]

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Andhra Pradesh Launches New Solar Policy

The policy aims to target a minimum total solar power capacity addition of 5,000 MW in the next five years in the state of Andhra Pradesh. With an objective of providing a framework for promotion of large grid connected solar PV systems in the state of Andhra Pradesh, the state government has released ‘Andhra Pradesh […]

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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 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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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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