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FAME II Scheme Funds 6 EV Charging Infrastructure Projects

FAME II scheme completes funding of 6 Projects to support the creation of charging infrastructure in selected cities and along major highways to address range anxiety among users of electric vehicles Six projects for setting up of EV charging infrastructure have been funded under Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles —FAME II […]

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Grid-Tied Solar Capacity Approaching 30 GW: RK Singh

The cumulative grid-connected installed solar power capacity in India is approaching the 30 GW mark, as per the data revealed by RK Singh. The cumulative grid-connected installed solar power capacity in India is approaching the 30 GW mark sooner rather than later with the installed capacity at the end of May 2019, being 29,409 MW, […]

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PFC Raises $ 300 Million Through Syndicated Loans

PFC raises $ 300 million through a three-year syndicated loan from SBI, Honk Kong and MUFG Bank, Singapore. The Power Finance Corporation (PFC), a state-owned non-banking financial company (NBFC) that funds power sector projects has announced that it has raised $ 300 million through a three-year syndicated loan from the State Bank of India, Honk […]

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Innovation, Policy Revisions and Digitization are Escalating the Energy Transition

Renewable energy technology advances, innovation and digitization are escalating the pace of the global energy transition, according to the latest EY research Renewable energy technology advances, innovation in storage and digitization and increased distributed energy generation are escalating the pace of the global energy transition, according to the latest EY research in collaboration with IDC. […]

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Hanergy Bags 400 MW Solar Project in DR Congo

Hanergy has announced a strategic order for setting up a 400 MW solar power plants in Congo, the country’s first and largest solar power plant project, yet. Hanergy Thin Film Power Group has announced that it has secured a strategic order for setting up a 400 Megawatt (MW) solar photovoltaic power plants in the Democratic […]

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ADB Grants $30 Million Loan for 100 MW Solar Project in Kazakhstan

ADB has granted a $30 million loan to M-KAT Green LLP to build and operate a 100 MW solar plant to boost the share of renewables in Kazakhstan’s energy mix. The Asian Development Bank (ADB) has signed an agreement for a $30.5 million loan in tenge equivalent to M-KAT Green LLP—a special purpose vehicle created […]

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Wind & Chemical Industry Partner to Advance Turbine Recycling

WindEurope, Cefic and EUCIA have created a cross-sector platform to advance novel approaches to the recycling of wind turbine blades. WindEurope, Cefic (the European Chemical Industry Council) and EUCIA (the European Composites Industry Association) have created a cross-sector platform to advance novel approaches to the recycling of wind turbine blades. In 2018 wind energy supplied […]

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Solar Market Predicted to Reach 4767 GW by 2026: Report

According to a new report, the global solar power market will derive growth from the increasing awareness to grow to 4767 GW by 2026. According to a new report, the global solar power market will derive growth from the increasing awareness regarding conservation of conventional energy sources and reducing environmental pollution, to grow to 4767 […]

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Every lamp post as EV charging point? It’s Happening!

IN the UK, a firm called char.gy has pioneered an Electric Vehicle (EV) charging solution that converts a lamppost to a charging station. India’s quest for green mobility just got a boost with the announcement of the second phase of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME-2) scheme early this year. […]

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