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World Bank Commits $1 Bn for Battery Storage to Bolster Renewables Globally

Also, the program aims to finance 17.5 GWh of battery storage by 2025 – more than triple the 4-5 GWh currently installed in all developing countries. The World Bank Group has committed to investment USD 1 billion for a new global program to ramp up investments in battery storage for energy systems in developing and […]

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EIB Allies ISA to Assist Solar Advances in India

Significantly, ISA plans to raise $1 trillion by 2030 from public and private investors to invest in such solar projects. India has got another push in its bid to attain target of installed 100 GW of solar power by the year 2022 with European Investment Bank (EIB) planning to partner with the International Solar Alliance […]

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PROINSO, Joules Power Win Asian Power Award for Bangladesh’s 28 MW Solar Project

PROINSO has completed this 28MWp project in Teknaf, Bangladesh in partnership with Joules Power (JPL). UK-headquartered PROINSO has won the Asian Power Award 2018 for the 28MWp utility scale project in Bangladesh under the category of “Solar Power Project of the Year – Bangladesh”. PROINSO has completed this 28MWp project in Teknaf, Bangladesh in partnership […]

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JinkoSolar Ranked as Top Solar Brand Used in Debt-Financed Projects and Most “Bankable” PV Manufacturer by Bloomberg New Energy Finance

SHANGHAI – September 14, 2018 – JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE:JKS), a global leader in the solar PV industry, today announced that in addition to being ranked as a top solar brand in debt financed projects, it was named the most “bankable” PV manufacturer by Bloomberg New Energy Finance (BNEF) among 57 […]

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Tata Power Solar Launches Complete Residential Rooftop Soln in Mumbai

The residential rooftop solutions of Tata Power Solar can enable a customer to save up to Rs 50,000 annually for 25 years. Country’s leading solar energy company Tata Power Solar has launched a complete residential rooftop solution in Mumbai. The residential rooftop solutions of Tata Power Solar can enable a customer to save up to […]

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India to Overachieve 175 GW Renewable Energy Target: UBM MD at REI Pre-Expo Press Meet

Asia’s leading renewable energy Expo ‘REI Expo’ is expected to attract participation of around 45 countries and 750+ exhibitors in the field of renewable energy. Global B2B event organizer, UBM held a pre-expo press briefing underlining the know-how of the Renewable Energy India Expo (REI Expo)scheduled for September 18th-20th, 2018. Asia’s most leading renewable energy […]

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SECI seeks Bids for Tender of 160 MW Solar-Wind Hybrid Power Plant in Andhra Pradesh

The tender includes design, engineering, supply, construction, erection, testing & commissioning including 10 years plant O&M under International competitive bidding. Under the ‘Innovation in Solar Power and Hybrid Technologies Project’, Solar Energy Corporation of India (SECI) has floated tender for 160 MW of solar-wind hybrid power plant with Battery Energy Storage System (BESS) in Anantapur […]

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REC Signs € 200 mn Loan Agreement with Germany’s KfW Bank

This is REC’s fourth line of credit under Indo-German Development Cooperation which will be utilized to fund green energy projects in India. State-run entity responsible for financing rural infrastructural projects, Rural Electrification Corporation (REC) has signed a loan agreement with German bank KfW worth euro 200 million for funding renewable energy projects. This is REC’s fourth line […]

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