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Clean Energy Investments in 2018 Exceed $300 Bn with Decline in Solar Commitments: BNEF

Even with PV additions crossing the 100 GW mark for the first time, Solar commitments declined 24 percent ($ value) in 2018. According to figures issued by research company BloombergNEF (BNEF), Global clean energy investment totaled $332.1 billion in 2018, marking the fifth consecutive year that investments crossed the $300 billion mark. However, investments in […]

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Cygni Energy’s Solar Tech is Lighting Up Homes in Rural India

Out of the 44,854 total installations planned, 30,828 have been completed so far. Solar-Direct Current (DC) Inverterless Technology, pioneered by Cygni Energy Private Limited, a startup that was incubated by the Rural Technology Business Incubator (RTBI) of IIT-Madras, is lighting up homes in remote parts of the country which are beyond the reach of electricity […]

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Masdar Launches ‘Noor’ Solar Home System Solution

The solar energy storage systems, equipped with high-performance solar batteries, will provide a cost-effective and sustainable source of electrical power. Masdar, the Abu Dhabi Future Energy Company, building on it’s extensive experience delivering renewable solutions in remote communities, has launched its solar home system solution kits named “Noor”. The kits consist of a fully integrated […]

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Composite Insulators Market to exceed $2.5 Bn by 2024

Composite Insulators Market is set to grow from its current market value of more than USD 1.5 Billion to over USD 2.5 Billion by 2024; according to a new research report by Global Market Insights, Inc.  The global composite insulators market is expected to gain major traction on account of the fact that the world […]

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Sterlite Power Bags Power Augmentation Project in West Bengal

These seven districts include Purba Medinipur, Mushidabad, Burdwan, Kolkata, North 24 Paragnas, South 24 Paragnas and Hoogly. Power transmission infrastructure developer Sterlite Power has been awarded a power augmentation project across seven districts of West Bengal. These seven districts include Purba Medinipur, Mushidabad, Burdwan, Kolkata, North 24 Paragnas, South 24 Paragnas and Hoogly. The project […]

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India’s Energy Needs to Triple by 2040: World Bank

In fiscal 2018, when total installed capacity was more than twice the amount of peak demand, peak demand shortage still registered 2.1% in India,World Bank said. Energy demand in India will grow 30% between 2018 and 2040, a new report by the World Bank titled Dark: How Much Do Power Sector Distortions Cost South Asia […]

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Shell and EDF Renewables Form JV to Develop Wind Farm

The lease area holds the potential to produce approximately 2,500 MW of wind energy – enough to power close to one million homes. Forming an equal partnership joint venture, EDF Renewables North America and Shell New Energies have joined hands to co-develop wind energy area in New Jersey. The lease area holds the potential to […]

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Power Ministry Issues Guidelines for EV Charging Stations

The guidelines published by the Power Ministry are slated to rake up the cost of installing these charging stations with both of these technologies being mandated. Power Ministry has issued guidelines for electric vehicles public charging stations and has mandated the installation of both Japanese and Chinese charging technologies. The guidelines published by the Power […]

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Australia’s CEFC Invests $72 Mn in Renewables Fund

This is the largest equity investment ever made in renewable energy in Australia with an aim to encourage institutional investors. Making a tremendous renewable energy push, Australia’s Clean Energy Finance Corporation (CEFC) has invested US $72 million (AU $100 million) in the Australian Renewables Income Fund (ARIF). This is the largest equity investment ever made […]

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