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IFC Raises $569 mn From 1st Canadian Green Bond

IFC has issued its 1st Canadian dollar green bond, raising USD 569 million for climate-smart business. The International Finance Corporation (IFC), a member of the World Bank Group, has issued its first Canadian dollar green bond, attracting strong investor demand and raising CAD750 million (USD 569 million) for climate-smart business. The proceeds of the five-year […]

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GWEC Predicts 330 GW of new Wind Capacity by 2023

The GWEC updated market outlook has predicted an additional 330 GW of new wind energy capacity will be added to the global energy market from 2019 to 2023 The Global Wind Energy Council’s (GWEC) recently released updated market outlook has predicted an additional 330 GW of new wind energy capacity will be added to the […]

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Solar Leads as RE Investment Skyrocket Past $2.5 Trillion

In the last ten years, the investments in the renewable energy sector have crossed the threshold of 2.5 Trillion dollars with solar at the top. The decade of investment (2010‐2019) quadruples renewables capacity from 414 GW to about 1,650 GW Solar capacity alone will have risen to more than 26 times the 2009 level — […]

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THDCIL Receives Bids for Rs 3215 cr Against Rs 1500 cr Bond

THDCIL has received bids for Rs 3215 crore in response to its corporate bond series-II of Rs 1500 crore with a greenshoe option of Rs 1000 crore THDC India Limited (THDCIL), a joint venture of Government of India and Government of Uttar Pradesh, which was incorporated to develop, operate and maintain the 2400 MW Tehri […]

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Central Railways Tenders for 165 kW Rooftop Solar Plants

Central Railways has issued an RfP for the installation of rooftop solar PV systems worth 165 kW at two locations in Solapur. Solapur Division-Electrical under the Central Railways has issued a Request for Proposal (RfP) for the installation of rooftop solar PV systems worth 165 kW at two locations in Solapur. The first plant of […]

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MNRE Directs SECI, NTPC to Release Bank Guarantees for RE Projects in 45 Days

MNRE has directed SECI and NTPC to release the Performance Bank Guarantees for the solar and wind energy projects in 45 days The Ministry of New and Renewable Energy (MNRE) has directed the Solar Energy Corporation of India (SECI) and NTPC Ltd., the two leading state-owned agencies involved in the renewable energy sector to release […]

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Modi Wants to see India as Solar Power Battery Hub

Amid his thrust on renewable energy, PM Modi recently said that he wonders whether India could become a hub of solar power battery manufacturing Amid his thrust on renewable energy, Prime Minister Narendra Modi recently said that he wonders whether India could become a hub of solar power battery manufacturing, which can play a major role in the country’s march towards clean energy. Responding […]

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TP-DDL, Deakin University Partner to Develop Accurate Power Forecasting Solutions

TP-DDL and Deakin University, an apex Australian educational university have joined hands to develop an accurate Power Forecasting Solution Tata Power Delhi Distribution (TP-DDL), a leading power utility supplying electricity to a populace of 7 million in Delhi and Deakin University, an apex Australian educational university with more than 40 years of experience in the fields […]

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BEE Launches Tool for Real Time Appliance Energy Use: NEEM Dashboard

The NEEM Dashboard is devised to understand the data on residential energy end-use and appliance energy consumption at the household level The state-run power agency- Bureau of Energy Efficiency (BEE) today launched a residential energy use dashboard called National Energy End-use Monitoring (NEEM). The NEEM dashboard has 4 visible panels which shows the energy used per […]

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