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Egypt’s Solar Power Gets $102M Support from World Bank Agency

The Egyptian government is moving forward on a mega project that involves private sector companies building solar and wind plants under a FiT scheme. The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group has announced a guarantee of $102.6 million for the construction of six power plants in Egypt. The power […]

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Solar Power Projects Get Assistance from International Institutions: Government

The assistance for solar power projects under such schemes are available to all States/UTs depending on requirement and demand. The Government has various solar power programmes which are being implemented through assistance of World Bank, International Finance Corporation and other multilateral financial institutions. This was stated by Power and New & Renewable Energy Minister, Raj […]

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Three Solar Projects to Be Launched By Vietnam Based TTC, In First Half of 2018

With a combined investment of about 3 trillion dong ($132 million), the three projects in central and southern provinces of Vietnam will have a total capacity of around 150 megawatts (MW). Vietnam based TTC Corp expects to start construction work for the country’s first three solar power projects in the first half of 2018, its chairman announced. […]

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INDIA Marches Ahead

As 2017 comes to an end, it is worth taking a holistic look at the Indian solar market to analyze key trends, challenges and outlook. By many accounts, the Indian solar power industry is on a roll. According to a report released by consulting firm Bridge to India, India is expected to reach an installed […]

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Paris Agreement Enables India to Attract $3.1 Trillion of investments by 2030

India’s target of installing 175GW of energy capacity by 2022 claim to have potential of $448 billion worth investments. As per the report issued by the International Finance Corporation (IFC), around $3.1 trillion worth investments are to be expected by 2030. The investments majorly aimed at accomplishing goals as set by the Paris agreement. The […]

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Companies Spend Just 6 Percent of CSR Fund on Clean Energy: Report

Key findings of the report showcase that while Corporate Social Responsibility (CSR) programmes in education, sanitation or skills and livelihood have seen a dramatic increase, while it remain low for clean energy and energy access. A report released by Samhita Social Ventures showcases that Indian companies are spending a mere 6 percent of their CSR […]

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Investments in Renewable Energy Sector Could Hit $11T By 2040

India and China lead the development in renewable energy investments, accounting for almost 50 percent of new global capacity. Investments in renewable energy (RE) could climb to a cumulative $11 trillion by 2040, mostly in emerging markets, according to a study by the International Finance Corporation, a member of the World Bank Group. Major reforms […]

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Investonomics on Indian Sun is Hot!

Today, solar power is not merely a power demand catalyst rather this sector preaches colossal economics in the world affairs. Clouds around solar sector have dynamically revolved as murmurs of its transient nature of solar power are eluded. Solar and wind projects in the country would attract USD 20 billion investment each year from next […]

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Solar Leadership Series – Greenlight Planet Sets Stage for Rapid Pay-as-you-go Solar Growth in India

Greenlight Planet’s own PAYG technology-enabled products (EasyBuy), has seen exponential growth in Africa since its introduction in 2015.  The Solar Leadership Series, a proprietary event by Greenlight Planet brought together experts from across industries to explore the potential of Pay-As-You-Go (PAYG) technology in achieving energy inclusion. Aptly titled “Pay-As-You-Go: The Panacea for Energy Poverty”, this […]

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