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African Development Bank Grants $265M Loan for Two Solar Power Plants

The bank has committed $265 million for Morocco where two solar power plants named NOORM I and NOORM II with a combined capacity of 800MW The African Development Bank (AFDB) has approved $324 million loan for two renewable energy projects in Africa. The Bank has set aside US$265 million for two solar power plants named […]

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MNRE announced new National Lab Policy for Renewable Energy

As per MNRE, India’s target of achieving 175GW of renewable energy by 2022 has made it mandatory to have and robust and precise policy. In order to acquire better quality and reliability of projects under the renewable energy category in India the Ministry of New and Renewable Energy (MNRE) has recently announced the new and […]

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Solar Business: Greenlight Planet Raises $60 Million led by Apis Partners

Greenlight Planet will use the new debt and equity capital to expand its solar-energy product lines, distribution networks, and financing capabilities in Africa and Asia Renewable energy firm Greenlight Planet Inc has raised $60 million in a funding round led by London-based private equity fund manager Apis Partners. The debt and equity round, which was […]

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Trina to Invest $500 Million in Indian Solar Industry

The company has purchased a land near Visakhapatnam to set up a manufacturing plant to produce solar cells and module of capacity of more than 1GW in 2015.   The world’s largest solar panel developer, Trina Solar is vying to pump in $500 million of investments in India if the profits are in favor. The […]

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Clean Energy Can Become India’s Sustainability Model For World: Sweden

Lars Ronnas, Swedish Ambassador for Climate Change, asserted that there are “very strong interests” in his country for bilateral cooperation in this field. India has the “intellectual capacity” and potential to be a model for the rest of the world in tackling environmental issues, especially through the use of renewable energy sources, Sweden’s envoy for […]

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ABB and HPE Bring Intelligence to Industrial Plants

ABB and HPE will deliver joint industry solutions that merge OT and IT to turn industrial data into insights and automatic action, combining widely-adopted cloud platforms like Microsoft Azure with IT systems running in corporate data centers and at the edge of the network. ABB and Hewlett Packard Enterprise (HPE) have announced a strategic global […]

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Ingeteam and My Sun Collaborated to Bring Affordable and High Quality Rooftop Solar Solutions

MYSUN portal to be the online portal to sell INGETEAM’s string inverters in the Indian market INGETEAM, a global company specializing in power and control electronics and MYSUN, India’s leading rooftop solar platform focused on providing end to end solar solutions announced a strategic partnership to make rooftop solar accessible to every home in India. […]

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EESL Organises Global Event INSPIRE 2017 on Energy Efficiency in Jaipur

INSPIRE 2017 is a global conference which aims to bring various stakeholders such as policy makers, innovators, financiers, influencers to showcase best practices in the sector. Energy Efficiency Services Limited (EESL) in alliance with the World Bank and Alliance for an Energy Efficient Economy (AEEE) organised the first edition of the International symposium to promote […]

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Mobisol Successfully Installs Off-Grid Solar Power Plant with 10MW Capacity in East Africa

Mobisol fights global climate change by offsetting 50,000 tons of CO2 equivalent per year through smart rent-to-own solar power systems. Mobisol, a Germany-based provider of decentralized solar power solutions, has successfully installed a capacity of 10MW and electrified over 500,000 people in East Africa to date. The company fights global climate change by offsetting 50,000 […]

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