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IFC Eclipses $10 bn in Climate Finance Investments Since 2006

IFC has surpassed USD 10 billion in climate finance investments in financial institutions in emerging markets since 2006. IFC, a member of the World Bank Group, has announced that it has surpassed USD 10 billion in climate finance investments in financial institutions in emerging markets since 2006, a milestone that reflects the Corporation’s commitment to […]

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Nearly 1955 GW of new Solar Capacity to be Installed by 2028: Report

A new report presents a forecast of installed capacity, system prices for the global solar PV market, predicting 1955 GW in installations by 2028 A new report presents a forecast of installed capacity, system prices, application segments, and revenue for the global solar PV (SPV) market through 2028. Predicting the installation of 1955 GW of solar […]

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Net Metering to be Permitted Until Capacity Surpasses 500 MW in Haryana

HERC has issued a revised version of its regulations for rooftop solar grid-interactive systems based on net metering in Haryana The Haryana Electricity Regulatory Commission (HERC) in response to a petition filed by the Haryana Renewable Energy Development Agency (HAREDA), has issued a revised version of its regulations for rooftop solar grid-interactive systems based on […]

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Adani Green Energy’s Ashish Garg Resigns as CFO

Adani Green Energy Ltd (AGEL), a renewable energy arm of Adani Group, on Monday said that Ashish Garg, who was designated as the Chief Financial Officer (CFO) of the company has resigned with immediate effect. The company had informed in an exchange filing that “Ashish Garg has tendered his resignation as Chief Financial Officer of […]

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Siemens Gamesa Increases its Offshore Turbine Capacity to 11 MW

Siemens Gamesa has announced that it has expanded its product portfolio with the launch of the new offshore wind turbines with a capacity of 11 MW One of the leading offshore wind turbines manufacturer and developer, Siemens Gamesa Renewable Energy (SGRE) has announced that it has expanded its product portfolio with the launch of the […]

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Mitsubishi-Chubu Consortium to buy Eneco for EUR 4.1 bn

Eneco and a consortium of Mitsubishi and Chubu have reached an agreement on the proposed sale of all shares in Eneco for a total value of EUR 4.1 billion. Netherlands based producer and suppliers of natural gas, electricity and heat, Eneco has announced that the shareholders’ committee, Eneco and a consortium of Mitsubishi Corporation and […]

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Clean Energy Investments in Developing Nations Falls Post Slowdown in China

A new report has revealed that the investments in clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. A new report has revealed that the investments in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in […]

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Startup Feature – Future Generation Technology

Brief Details Total employees: 10 Turnover: Approx. Rs10 lakhtill FY 2018-19. Key operational areas (Products, Regions, Clients): Solar rooftop installation (Capex, Opex model). Additionally, the company is developing electric vehicle (EV) charging solution powered by solar energy. Founder/Promoter details: Prashant Kumar and Adarsh Rajput. Turning Point for the firm We just two months back finalized […]

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MHI Vestas Selected for 220 MW Japanese Offshore Wind Farm

MHI Vestas has been selected for the 220 MW Hibikinada Offshore Wind Farm. The first awarded, commercial-scale project to be announced in Japan. MHI Vestas has confirmed that its flagship V174-9.5 MW was selected as the preferred turbine for the Hibikinada Offshore Wind Farm. Hibikinada is the first awarded, commercial-scale project to be announced in […]

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