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InfraCo Africa Signs $2.2 M Loan Agreements with Gigawatt Global

InfraCo Africa has signed $2.2 million convertible loan agreements with energy developer Gigawatt Global for the development of the Samburu Solar and Transmara Solar projects in Kenya. Each with a capacity of 10MWAC, the sister facilities will generate clean, reliable electricity in some of the poorest counties in the country. The financing committed by InfraCo Africa will […]

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Iberdrola Commences Work on $340 million Spanish Solar Plant

Spanish utility Iberdrola has commenced work on a 500-megawatt (MW) solar photovoltaic power plant in Badajoz, Spain. It is its first PV project in Europe. The facility, Iberdrola’s first photovoltaic plant in Europe, will use 1.5 million panels spread across a 1,000-hectare site. The company will invest around 300 million (US$340 million) euros in its development. Iberdrola […]

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China’s Ambitious Solar Power Space Project is a bet on the future

China plans to have a solar power station orbiting the earth at 36,000 km, allowing it to tap the energy of the sun’s rays without interference from the atmosphere or loss of sunlight. According to Chinese media, the country is working on plans to build a solar farm in space. The project is hugely ambitious […]

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Nordex Wins Wind Projects Totalling 108 MW in Greece

European wind energy major, Nordex Group has won new orders for wind farms from Greece. Terna Energy SA has ordered a total of 36 machines of different models with a capacity of 108 MW. The orders also include a Premium Service contract covering five years with an option to extend for a further five. “We […]

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ADB Commits $50 Mn in Noida-Based Solar Power Developer Avaada

The multi-lateral funding agency said the investment contributes to ADB’s goal to provide cumulative climate finance of $80 billion from 2019 to 2030.  The Manila based Asian Development Bank (ADB) announced that it has inked an agreement to invest $50 million in solar energy project developer Avaada Energy Pvt Ltd to help the company scale up rapidly. The investment will […]

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Tata Power Solar’s Retail Rooftop Solution Moves to Kolkata Now

Tata Power Solar has launched a residential rooftop solution in Kolkata after a city wise sequence of launches  including Delhi, Mumbai, Ajmer, Hyderabad and Guwahati. Tata Power Solar Systems Limited, India’s largest solar energy company, has launched a complete residential rooftop solution in Kolkata. The residential rooftop solutions are expected to save up to Rs […]

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KIA and Amazon Partner to Develop Efficient Home Charging Systems For EVs

Online retailer Amazon and South Korean automaker Kia have teamed up to provide one-stop shopping for chargers, in what is just the start of the retail giant’s reach toward EV and hybrid buyers. Korean car company KIA has become the second car company to team up with Amazon to simplify the installation of home charging equipment […]

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Panasonic Sets Up EV Charging Station at BSES Yamuna Power Limited

Panasonic, a diversified technology company, announced its collaboration with BSES Yamuna Power Limited to set up an electric vehicle charging station at their New Delhi head office. Globally known for sustainable efforts, Panasonic has developed the charging station in India at their in-house R&D center. The EV charging station was inaugurated in the presence of […]

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India, Maldives Exchange MoUs on Energy Efficiency

India and Maldives have signed one agreement and two MoU, including collaboration in the field of energy efficiency and renewable energy, in the presence of Sushma Swaraj and her Maldivian counterpart Abdulla Shahid. India and Maldives signed an agreement on the exemption from visa requirement for holders of diplomatic and official passports, while, the MoUs exchanged focused on Indian Grant Assistance for the implementation of High Impact Community Development Projects […]

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