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80 MW Al Jomaih solar project in Gujarat bags ₹4 B loan from ADB

The 80 MW AJ Solar Power Project, situated in Gujarat, has been granted a Rs 4,063 million loan by the Asian Development Bank (ADB) for environmentally sustainable growth and inclusive economic progress. The project is being sponsored by Al Jomaih Energy and Water Company, which emerged as a winner in the 500 MW solar auction […]

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US startup raises $4.2 M to make affordable Green H2 for heavy industry

Advanced Ionics, a US-based provider of next-generation industrial electrolyzers that can produce green h2 for less than $1/kg, has announced the closing of its initial financing of $4.2 million led by Clean Energy Ventures, a venture capital firm funding early-stage climate tech innovations, with participation from SWAN Impact Network. “By requiring significantly less electricity than […]

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SECI Extends Deadline for Floating Solar At Getalsud Dam, Ranchi

The Solar Energy Corporation of India (SECI) has extended the last date for submission of bids for the Design, Engineering, Supply, Construction, Erection, Testing & Commissioning of 100 MW (AC) Floating Solar PV Project having 10 years plant O&M at Getalsud Dam, Ranchi, Jharkhand. Like most large floating solar projects, plans for a plant at […]

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Iberdrola signs its largest green loan worth €1 B with Banco Santander

Spanish electric utility Iberdrola has signed its largest green loan with Banco Santander for an amount of €1 billion, which in turn is backed by an Export Credit Agency (ECA), said the company. The loan has a maximum term of 15 years.The funds will be used mainly to finance Iberdrola’s orders to suppliers of turbines […]

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World’s Largest Green Hydrogen Project to Get $500m from US Govt

The US Department of Energy (DOE) has announced that it has conditionally committed for up to $504 million in debt financing for the Advanced Clean Energy Storage Project which is expected to be the world’s largest industrial green hydrogen production and storage facility. The commitment is made to companies: Advanced Clean Energy Storage, Mitsubishi, Magnum […]

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E-commerce firms need to collaborate with EV makers for right-size delivery vehicle: Report

E-commerce companies should collaborate with electric vehicle (EV) makers for the development of right-size delivery vehicles, a report by World Business Council for Sustainable Development (WBCSD) and Flipkart released on Tuesday said. According to the report, a 100 per cent electrification of e-comm delivery fleets is possible with a conducive policy environment and greater collaboration […]

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Norway to become member of International Solar Alliance

Norway has decided to become a member of the International Solar Alliance, an initiative of India aimed at promoting renewable energy and sustainable development. Norwegian Foreign Minister Anniken Huitfeldt announced Norway’s membership of the International Solar Alliance (ISA) during her official visit to India, a statement by the country’s Embassy said on Tuesday. The International […]

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First Solar to Supply 1GW Solar Module to Leeward Renewable Energy

Renewable energy players First Solar and Leeward Renewable Energy (LRE) have signed an agreement under which First Solar will supply 1 GW of advanced, ultra-low carbon and thin-film PV solar modules to Leeward. The official statement of the companies says that LRE will deploy these modules across its 20GW solar development and construction pipeline in […]

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Solar Startup Enerzy Solar Steps In with Rooftop Solar Insurance And More

Rooftop Solar systems, that much neglected yet critical part of the solar push have finally got some insurance cover. Till now, the premium amount in such cases was too low for most insurance agents to push hard for these. But now, if you are digital savvy, Pune-based Enerzy Solar claims to provide rooftop solar insurance […]

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