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ADB Secures GCF Funding for Innovative Climate Finance Fund in China

GCF has approved $100 mn in funding for an ADB project in Shandong province in China to mobilise financing for climate change mitigation and adaptation. The Green Climate Fund (GCF) has approved USD 100 million in funding for an Asian Development Bank (ADB) project in Shandong province in the People’s Republic of China (PRC) that […]

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Wind Industry to Invest $1.8 bn in Colombia Over Next 3 Years

In the first RE auction in Colombia, more than 1 GW wind capacity was awarded through PPA deals, which will bring in investments worth $1.8 billion by 2022 In last month’s first renewable energy auction in Colombia, 1.3 GW of renewable energy capacity was awarded through 15-year Power Purchase Agreement (PPA) deals, with wind energy […]

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Vivint Solar to Offer Solar + Storage PPA in California

Vivint Solar is launching a new PPA option that includes one simple rate for both solar and battery storage in California. Vivint Solar, a leading full-service residential solar provider in the United States, wants homeowners to have the power to choose the kind of experience they get from their energy provider and is now launching […]

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EESL Trims EV Order by a Massive 70%, After Andhra Cancellation

EESL has scaled down its EV order by a whopping 70 percent to 3,000 units and blamed its largest customer Andhra Pradesh for the crisis. Energy Efficiency Services Limited (EESL) has scaled down its electric vehicle (EV) order by a whopping 70 percent to 3,000 units and blamed its largest customer Andhra Pradesh for the crisis […]

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Need Collaborative Approach to Building Future-Ready Energy Efficient Ecosystem

INSPIRE 2019 featured some ways to harness technology to make the next generation of urban and rural spaces resilient, inclusive, and energy-efficient. The two-day International Symposium to Promote Innovation & Research in Energy Efficiency (INSPIRE 2019) concluded in Mumbai and featured some of the most prominent leaders and experts discussing ways to harness technology to […]

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Sungrow now the Largest Supplier of String/Central Inverters in Americas

Sungrow is now the largest supplier to offer both string and central inverters to the Americas after witnessing rapid growth in the first half the year Sungrow, the global leading inverter solution supplier for renewables, is now the largest supplier to offer both string and central inverters to the Americas after witnessing rapid growth according to data for the […]

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U GRO Capital, Sunvest Capital Launch Rs.20 Crore Rooftop Solar Funding

Capital, the key missing link in so many solar rooftop plans, is finally coming to solar too. In another move to fill the vast gap that exists between potential, demand, and actual supply, SME focused finance start up U Grow Capital has joined hands with Sunvest Capital to provide co lending for solar rooftop and […]

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Investments in Climate Action Increasing, but not Fast Enough: Report

A new study shows that while investments in climate action have been steadily increasing, it remains far short of the economy-wide transformation required. Four years after world leaders negotiated the Paris Climate Agreement, national policies and market signals are starting to reflect the urgency of increasing finance into areas of the economy that address climate […]

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US DOE Grants $128 Mn to Advance Solar Technologies

The US Department of Energy (DOE) has announced the selections for USD 128 million in new projects to advance solar technologies. The U.S. Department of Energy (DOE) announced selections for USD 128 million in new projects to advance solar technologies. Through the Office of Energy Efficiency and Renewable Energy’s Solar Energy Technologies Office, DOE will […]

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