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Southeast Asia Needs US$200bn for Swift Energy Transition by 2030: IEA

The International Energy Agency (IEA) in its latest report has noted that Southeast Asia will need at least US$200bn worth of investment in the energy sector by 2030 to speed up their clean energy transition. As per reports, the investments in renewables  need more impetus with sufficient policies to support the development of robust project […]

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IFC Issues Sustainability-Linked Bond Worth $50 Million To Tata Cleantech Capital

A new funding is set to spur India’s renewable energy capacity and help improve access to climate finance, with International Finance Corporation (IFC) investing INR 3,750 million (about $50 million) in a sustainability-linked bond (SLB) issued by Tata Cleantech Capital. This is the first such instrument issued by a private financial institution in India and […]

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ISA & UNDP Launch Pilot Solar Projects in 10 African Member Nations

The International Solar Alliance (ISA) and UNDP announced the launch of ISA’s first programme, Scaling Solar Applications for Agriculture Use (SSAAU), in ten African ISA Member Countries: Benin, Democratic Republic of Congo, Mali, Niger, Republic of Sudan, Senegal, South Sudan, Togo, Tuvalu, and Uganda. The programme is slated to be implemented over the next two […]

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Pakistan Solar Association Wants Govt to Allow $800m for Solar Imports

At a time when Pakistan is facing acute power outages and the renewable energy sector posting sluggish growth, the Pakistan Solar Association (PSA) has requested the Power Ministry of Pakistan to allow the import of solar panels and other solar equipment. The PSA has asked for an annual limit of $800 million for the solar […]

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BluEarth Acquires 1 GW Solar & Wind Portfolio from Ozone Renewables in USA

Canadian power producer BluEarth Renewables has announced that it has acquired seven wind and solar development projects in the United States. The total acquired renewable energy capacity is about 1 GW from Connecticut-Based renewable energy giant Ozone Renewables. BluEarth mentioned in its official release that the green energy portfolio is acquired in Washington, Oregon, Ohio, […]

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RECPDL Hands Over 6 Special Purpose Vehicles to PGCIL

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, an NBFC Maharatna CPSU under the Ministry of Power, has announced the handing over of six projects’ specific SPVs (Special Purpose Vehicles) to PGCIL (Power Grid Corporation of India Limited). These SPVs have been mainly established for constructing transmission projects in […]

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2W EV Firm BikeWo Launches BikeWo Shield with Five-Year Warranty

Hyderabad-headquartered BikeWo, a multi-brand two-wheeler Electric Vehicle (EV) firm has launched ‘BikeWo Shield’. The shield promises a five years’ warranty, which the firm hopes will increase the adoption of EV by instilling confidence in customers with regards to safety and reliability of EVs. BikeWo maintains that the scheme stands out from other such existing ones […]

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ISA Hosts Lecture on Deployment of Renewable Technologies in Developing World

The International Solar Alliance (ISA) recently hosted a special lecture in New Delhi, which also saw the presence of officials from The Rockefeller Foundation. The theme of the lecture was ‘Tackling the Climate Crisis by Dramatically Expanding Access to Renewable Technologies Across the Developing World’. The Rockefeller Foundation, a philanthropy body built on collaborative partnerships […]

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