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RK Singh Kicks Off ‘#iCommit’ Campaign to Unite All Stakeholders

Power and New & Renewable Energy Minister RK Singh have launched the ‘#iCommit’ initiative, giving a clarion call to all stakeholders and individuals to continue moving towards energy efficiency, renewable energy, and sustainability to create a robust and resilient energy system in future. RK Singh has launched the campaign, through video conference in New Delhi, […]

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US’ DFC Okays $350 Mn for Development in India Including over $200 Mn for Solar

The US-Based Development Finance Corporation (DFC) has sanctioned about $350 million of investment for development in India under various projects including more than $200 million for the solar energy projects. DFC is an independent agency of the US Government that provides financing for private development projects. This investment is part of the $1 billion of […]

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ReNew Power Inks Pact to Buy AI & ML Startup Climate Connect

With an aim to access energy management services, Gurugram-headquartered renewable energy independent power producer (IPP) ReNew Power has signed a definitive pact to acquire Regent Climate Connect Knowledge Solutions Pvt Ltd (Climate Connect), a specialist in artificial intelligence (AI) and machine learning (ML). Startup Climate Connect was co-founded by Nitin Tanwar and Sanand Sule, alumni […]

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RK Singh Unveils Real Time Market in Electricity; India Now in Few Global Markets

Power and New & Renewable Energy Minister RK Singh have launched the pan-India Real-Time Market (RTM) in electricity, placing India amongst a league of few electricity markets in the world having such system. RK Singh has launched the RTM through video conference in New Delhi, on Wednesday. On explaining the significance of the RTM, RK […]

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Vivint Solar Closes USD 545 Million of new Financings

Vivint Solar has announced the closing of two separate debt transactions, totaling USD 545 million in incremental lender commitments. Vivint Solar, a leading full-service residential solar provider in the United States, has announced the closing of two separate debt transactions, totaling USD 545 million in incremental lender commitments. The first is a USD 245 million upsize to the company’s already existing multi-lender […]

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Sungrow Smart Energy Virtual Show to Kick off on June 15th 2020

The situation changes on a daily basis due to the COVID-19 pandemic, while the global market still witnesses a big growth in solar and storage segments. Sungrow, a global inverter solution supplier, keeps pioneering in advanced technologies and announced recently that it would bring an extraordinary smart energy virtual show on June 15th-19th despite the […]

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Tracking SDG 7: The Energy Progress Report (2020)

his joint tracking report monitors and assesses global progress in the quest for sustainable, affordable, reliable, and modern energy services for everyone. Published annually by the custodian agencies of Sustainable Development Goal (SDG) 7 on energy, the report serves to guide international co-operation and policy-making to achieve universal, sustainable energy access by 2030. The annual […]

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COVID-19 Intensifies Need to Expand Sustainable Energy Solutions Globally

A new report has found that the world will fall short of ensuring universal access to affordable, reliable, and sustainable energy by 2030 unless efforts are scaled up significantly Despite accelerated progress over the past decade, the world will fall short of ensuring universal access to affordable, reliable, sustainable, and modern energy by 2030 unless […]

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IEX Follows PXIL in Launching RTM for Electricity Transactions

IEX has today (June 1, 2020) launched the real-time electricity market (RTM) on its platform, to help utilities buy and sell power just an hour before the requirement. Energy trading platform Indian Energy Exchange (IEX) has today launched the real-time electricity market (RTM) on its platform, a move that will help utilities buy and sell power just an hour before the […]

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