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ADB Grants $4Mn Loan For 15.1 MW Solar Plant in Afghanistan

The Asian Development Bank (ADB) has signed a $4 million loan with a special purpose vehicle (SPV) to help build a 15.1 megawatt (MW) solar power plant in Afghanistan. The Asian Development Bank (ADB) has signed a $4 million loan with a special purpose vehicle (SPV) and subsidiaries owned by the 77 Construction, Contracting, and Trading […]

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Rural Electrification Corporation Posts Q4 Profit Rise of 50%

The REC’s total income increased to Rs 6,685.90 crore in the March quarter, compared with Rs 5,948.09 crore a year ago. State-owned Rural Electrification Corporation (REC) posted around 50 percent jump in standalone net profit to Rs 1,256.13 crore in the March 2019 quarter, mainly on the back of higher income. The company’s standalone net […]

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EVs, Batteries Can Drive Solar Rooftop Growth, Says Report

In order to boost the growth of renewable energy including solar rooftop, the dropping costs of electric vehicles (EVs) and batteries with equal grid market access can be helpful, says the report released by the Institute for Energy Economics and Financial Analysis (IEEFA). This ‘Electric Vehicles and Batteries Can Drive Growth of Residential Solar’ report […]

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ADB Agrees To Help Finance 100-MW Solar Project in Cambodia

The Asian Development Bank (ADB) said today it will extend a loan of USD 7.64 million to support the construction of a 100-MW photovoltaic (PV) park in Cambodia. The National Solar Park Project was developed with grants from the governments of Canada and Singapore and envisages the installation of a power plant in Kampong Chhnang […]

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Missing The Sunshine – Mini Grids in India

Even as the solar story develops in India, there is a part of the sector that has quietly been working and making an impact in its own way. Yes, Mini Grids and even micro grids, in the limited opportunities they have had in the country, have made a strong case for themselves. Serving areas that […]

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SOLshare’s Nano Grids Work In Bangladesh. Opportunity Awaits

Dr Sebastian Groh, the Founder of SOLShare might have started the firm to prove a point to detractors. But now, the innovative firm has acquired a life of its own, spreading out with its nano grids to Bangladesh, and soon, India too. The story of Dhaka-based SOLShare is as interesting as one can think of. […]

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Ather Energy Begins Deployment of Fast Charging Network in Chennai

The fast charging network can be used by all electric two-wheelers and four-wheelers and this facility is being offered free of charge till the end of the year by the Bangaluru startup. Ather Energy has announced the installation of their fast-charging network, Ather Grid in Chennai. The city will see 50 – 55 such points […]

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CleanChoice Energy Announces 20.51 MW Community Solar Project

CleanChoice Energy, one of the largest community solar providers in Minnesota with more than 85 MW of solar capacity, has announced that is opening 20.51 MW of community solar capacity available for residential customers in Minnesota. The new capacity is being supplied by fifteen solar farms owned and operated by Altus Power America in Blue Earth, Dakota, Douglas, Goodhue, McLeod, […]

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