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Scatec Solar Reports Strong Q4 With 32% EBITDA Growth

Scatec Solar has delivered continued strong growth in the fourth quarter (Q4) 2019 with proportionate revenues of NOK 1,642 million Scatec Solar has delivered continued strong growth in the fourth quarter (Q4) 2019 with proportionate revenues of NOK 1,642 million (1,666) (USD 181 million), and EBITDA of NOK 434 million (329). Power production reached 298 […]

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Despite MERC Order, Will Myrah Energy Execute 100 MW Project in Time?

If you ever needed to see the long journey and pitfalls a developer has to travel between bidding and actually completing a renewable project in India, then the case of Mytra Energy subsidiary Mytrah Vayu (Vedavati) Private Limited (MVEL) versus the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) and Maharashtra State Electricity Transmission Co. Ltd […]

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42 Global Organisations Agree on Guiding Principles for Batteries

As many as 42 global organisations including Amara Raja have agreed on a new set of guiding principles for batteries to power sustainable energy transition. As many as 42 global organisations including Amara Raja Batteries from India have agreed on a new set of guiding principles for batteries to power a sustainable energy transition. Announcing the new […]

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Jinko Signs one of its Biggest Distribution Agreements in Brazil

Jinko Solar Holding and Aldo Solar have announced a long-term partnership in one of the most important distribution deals signed by Jinko Solar in Brazil Jinko Solar Holding, one of the largest and most innovative solar module manufacturers in the world, and Aldo Solar, which stands out among the leading distributors of solar power equipment […]

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Nitya Group to Invest Rs 200 Cr in Next 5 Years

Encouraged with the government’s vision of Make in India, FMEG and industrial power distribution equipment maker Nitya Electro Controls (NEC) said that it is mulling to invest an amount of about Rs 200 crore within next 5 years. The move is not only expected to generate multiple employment opportunities but also ensure environment protection through […]

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UAE Announces new Funding Agreements under $50 Mn Caribbean RE Fund

The UAE-Caribbean RE Fund has entered into the second cycle of its 3-year plan to build climate-resilient renewable energy projects in 16 Caribbean nations The UAE-Caribbean Renewable Energy Fund (UAE-CREF) has entered into the second cycle of its three-year plan to build climate-resilient renewable energy projects in 16 Caribbean nations, successfully completing new development and […]

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Bank of America Meets 100% Renewable Electricity Goal a Yr Ahead

American lender Bank of America (BoA) on Tuesday said it has met its 100 percent renewable electricity (or carbon neutrality) goal a year ahead of its schedule. However, it is pending to the third-party verification. It was accomplished by reducing Scope 1 and 2 emissions from its facilities, purchasing 100 percent renewable power and buying […]

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NISE to Organise Skill Development Prog on Solar PV System Design

The National Institute of Solar Energy (NISE) is organizing its 23rd skill development program on solar photovoltaic (PV) system design using “PVSYST & PVSOL” software with cost economics and policies. This is a five day training programme which will commence from February 03, 2020 and will end on February 07, 2020. The motive behind the […]

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Sterlite Power Launches New HPC Soln ‘ACCC Ganga ULS’ to Solve Transmission Issues

Global player in power transmission Sterlite Power said on Monday that it has launched a carbon composite core conductor solution ‘ACCC ULS Ganga’ that will help utilities in overcoming their toughest transmission constraints across long span river crossings. Further, ACCC ULS Ganga is a high-performance low sag conductor which was developed to address the dual […]

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