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Australia Could Meet Its Paris Agreement Targets 5 Years In Advance : ANU

Australian National University has found that Australia is installing renewable energy faster than any other country, helping it to meet its entire Paris Agreement emissions reduction targets five years early. According to new research conducted by the Australian National University, the pipeline for new wind and solar photovoltaic (PV) electricity systems in the country is about […]

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IREDA IPO Expected By September

IREDA will issue fresh 13.90 crore shares, increasing the paid-up share capital of the company from Rs 784 crore to Rs 923 crore. The initial public offer (IPO) of state-owned Indian Renewable Energy Development Agency (IREDA) will be launched before September 2019, a top official has confirmed.  “We can raise up to 15 percent of our equity. […]

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Bangalore International Airport Inaugurates Rooftop Solar Plant

The solar system is expected to generate around 4.7 million units of power per annum. The Kempegowda International Airport (Bangalore) inaugurated its 3.35 MW rooftop solar power plant. The power generated from the rooftop systems will be used to meet the electricity demands of the airport. The solar system is expected to generate around 4.7 […]

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France Launches First Offshore Wind Power Project

LOC Renewables supplied MWS across the project, which enabled an efficient and successful delivery of the 2MW Floatgen.   LOC Renewables, a part of LOC Group, a leading international marine and engineering consulting firm, has successfully overseen the launch of France’s first offshore wind project. LOC Renewables supplied marine warranty surveying services (MWS) across the […]

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EBRD & GCF Provide $50.4 Mn for Solar Project in Kazakhstan

The new plant will generate over 102 GWh of electricity per year and will help reduce CO2 emission by 86,000 tons per year. Renewable power generation is set to play a greater role in Kazakhstan’s energy mix as a result of financing led by the European Bank for Reconstruction and Development (EBRD) for the construction of […]

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4000 MW of Wind Projects Stay Stranded in Gujarat deadlock

A Strange game of non cooperation and poor coordination in Gujarat has trapped projects worth 4000 MW in red tape. Media had reported in December 2018 about, the Gujarat government’s intransigence regarding projects allotted before its new land policy for wind projects comes up. The policy, which was announced in July 2018, has led to […]

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ReneSola Secures Financing for Hungary and Poland Projects

Eiffel Energy Transition Fund will finance ReneSola’s 41.3 MW project in Hungary and 55 MW projects in Poland in the amount of Euro 13,428,000. ReneSola Ltd., a leading fully integrated solar project developer, has entered into a bridge financing agreement with Eiffel Energy Transition Fund for its photovoltaic projects in Hungary and Poland. Xianshou Li, Chairman and Chief Executive Officer of ReneSola, said, […]

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Solar Import Woes. After Safeguard Duty Failure, No Easy Way Out

With a free trade agreement in place with Thailand, the government could find it more difficult than usual to impose any protection from imports from that country. The recently released figures on India’s Solar equipment Imports confirm what the Industry’s manufacturing body, the Indian Solar Manufacturers Association (ISMA) has been claiming. The Safeguard Duty has […]

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Big Technology Trends for 2019

The year 2018 was projected to be one of the best years for the PV market and it lived up to this projection in the beginning of the year. But, due to the China 531 policy and tariff announcements, the market situation changed quickly. At the moment, the market is in recovery mode and we […]

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