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investment

EBRD Invests in Second Solar Park in Kazakhstan

The EBRD’s investment in the southern Zhambyl region follows Burnoye Solar Park -1, the award-winning first utility-scale renewable energy project in Kazakhstan under the new legislation which enabled private investment in the sector. The European Bank for Reconstruction and Development is financing the 50 MW Burnoye Solar Park-2 project in Kazakhstan in partnership with the […]

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NIIF Ready to Provide Last Mile Funding to Stressed Projects

The government will set up two sub-funds under the NIIF -one in clean energy fund, which will primarily focus on renewable energy and another with focus on highway projects. The National Investment and Infrastructure Fund (NIIF) is ready to provide last mile funding to stressed projects funded by banks. The issue of funding from NIIF […]

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RenewSys Launches Production of India’s First 5 BB Solar Cells, Completes Ramp up of its Cell Line

RenewSys will start commercial production of its 5BB Solar PV Panels/Modules from July 2017 onwards. RenewSys, India’s first & only integrated manufacturer of Solar PV Modules & its components- Encapsulants, Backsheets and PV Solar Cells, became the first Indian company to launch the production of five Bus Bar (BB) Solar Photovoltaic (PV) Cells. The 5BB […]

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Vikram Solar hits 1GW solar module production capacity milestone

Vikram Solar is planning to further increase the solar module production capacity to 2 GW by 2020. Indian solar module manufacturing giant Vikram Solar has announced that it has reached 1 gigawatt production capacity milestone. In doing so, the company is contributing to the Indian government’s target of reaching 100 GW of installed solar energy […]

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Largest Floating Solar Farm Reflects China’s Clean Energy Ambitions

China’s clean energy ambitions were being reflected in the launch of the world’s largest floating solar farm. The 40-megawatt power plant has 160,000 panels resting on a lake that emerged after the collapse of a coal mine in central Anhui province.  As the United States was withdrawing from the Paris climate pact, China’s clean energy […]

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EBRD Approves US$ 500 Million for Private Renewable Energy Projects in Egypt

The European Bank for Reconstruction and Development (EBRD) financing will support the development of private renewable energy projects under the Egyptian government’s feed-in-tariff programme. The European Bank for Reconstruction and Development (EBRD) has taken a major step forward in the rollout of renewable energy with the approval of a US$ 500 million framework to finance […]

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Vivint Solar to Relaunch Residential Solar Energy Services in Nevada

Vivint Solar closed its operations in Nevada in 2015 following regulation that changed solar net energy metering rules and the state’s primary utility reaching its net metering cap Vivint Solar has announced that it plans to re-enter the Nevada market to bring its affordable residential solar systems to residents. Vivint Solar announced its intention to […]

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