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Greek Island First in Mediterranean to use Renewable Energy

The Greek Island is said to have a winter population of 400 and that of summer is around 3,000 which relies greatly on the uncertain electricity supplies. Tilos, a Greek island between Rhodes and Kos, has launched its first ever solar and wind power plant in order to reduce reliance on non-renewable energy sources. The […]

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EBRD May Extend $ 35.3 mn Loan for 30 MW Solar Park in Kazakhstan

The construction of the PV Park is seen to help offset around 49,000 tons of carbon dioxide (CO2) emissions and lower reliance on power imports and related transmission losses. The European Bank for Reconstruction and Development (EBRD) is thinking to grant a loan of USD 35.3 million for 30 MW solar parks in Kazakhstan. Subsidy […]

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SECI Quashes 2000 MW Wind Power Tender as Infra Blues Repel Bidders

SECI’s decision axed bids submitted by Renew Power, Adani Green Energy, Sprng Energy and Alfanar Energy. Solar Energy Corporation of India (SECI) has cancelled a 2000 MW wind power tender owing to the under subscription for 800 MW of power auction. A senior government official told ET, “We have decided to cancel the tender since […]

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NDB Clears $300 Mn to Fund South African Energy Sector

The recipient authority would be the Development Bank of South Africa who would further distribute funds according to the government allocations. New Development Bank (NDB), a multilateral development bank established by BRICS states, has approved the USD 300 million loan to fund energy sector projects in South Africa. The recipient authority would be the Development […]

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MIDHANI Sets up 4 MW Solar Power Plant

The solar power plant is spread over 20 acres of land and is expected to generate 7,000 MW hr/year of electricity with a projected saving of Rs 5 crore per year and reduction of 5,600 tonnes of carbon dioxide (CO2) per year. State-owned Mishra Dhatu Nigam (MIDHANI) has set up a 4 MW solar power plant with […]

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Viz-A-Viz with Atul Arya, Head, Energy Systems, Panasonic India

Q. How Panasonic is contributing towards India’s clean energy initiative? The management philosophy of Panasonic is based on the belief of its founder Konosuke Matsushita, who said: since a company runs its business by borrowing people, things, money, land, and so forth from the society, a company is “a public entity of society”. Following this […]

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Viz-A-Viz with Saurabh Marda, Founder and Managing Director | Freyr Energy

India’s long-term approach should be tax incentive based for solar sector To boost the solar sector in the country, a tax incentive based approach across all customer segments is going to be a more sustainable long term approach, believes Saurabh Marda, Founder and Managing Director, Freyr Energy, Hyderabad-based full solar service solutions provider. In conversation […]

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ABB Launches New Solar Power Storage Solution REACT 2

The major benefit of REACT 2 is its modular design, which can be easily expanded from 4 to 8 to 12kWh storage capacity to cope with the changing needs of any household, adapting as it grows and delivering double the maximum storage capacity of the first REACT model. ABB has launched a new solar power […]

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