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EBRD Issues 600 Mn Euro Green Bonds

The proceeds of EBRD’s bonds are earmarked to support a specific portfolio of environmentally and socially sustainable projects. The European Bank for Reconstruction and Development (EBRD) has issued a five-year 600 million euro ($685 million) green bond, the bank said in a statement. This transaction represents EBRD’s inaugural benchmark Green Bond in the EUR market, […]

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Oakridge Energy Raises Line of Credit for Residential Rooftop Solar

Oakridge will use this money to offer payment plans to home owners who install solar rooftop plants with easy repayment options. One of North India’s leading residential rooftop solar companies, Oakridge Energy has raised the first line of credit from the Indian arm of Dutch social impact investor Oikocredit. The credit has been provided for […]

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Texas Can Be Free of Coal, Study Finds

Texas could meet a significant portion of its electricity demand from renewable power without investing much into extensive battery storage. Texas is the state from where the USA started its journey of oil, turns out it is also the place where wind and solar energy can provide power round the clock, a new research has […]

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Clearway Energy Signs PPA for 75 MW Hawaiian Solar Projects

Apart from these two projects, Clearway Solar also has three other projects in development which will be completed in 2019. Clearway Energy Group which has its headquarters in San Francisco has signed a power purchase agreement with utility Hawaiian Electric Company for solar projects of a combined 75 MW capacity. The two projects comprise of […]

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Energy Storage India 2019 to drive India’s National Energy Storage Mission

Ahead of ESI 2019, there is tech tour planned on 8th Jan ’19 at Tata Power- DDL’s smart grid lab and at National Institute of Solar Energy. Taking strides in the field of renewable energy, India is leading the way in decarbonizing the atmosphere. But as renewable capacity takes a lead, so should storage technology. […]

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BSES and SECI Sign Agreement for 200 MW Wind Energy

The two discoms will procure capacity from SECI which will act as an intermediary procurer, a company statement said. Power discoms owned by Reliance Infrastructure in Delhi, BSES Yamuna (BYPL) and BSES Rajdhani (BRPL) have signed an agreement with Solar Energy Corporation of India (SECI) for sourcing 200 MW wind power at Rs 2.84 for […]

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Canadian Solar to Provide EPC Services for Australian Solar Farm

The solar plant will be built on approximately 1,000 acres of grazing, crop and irrigated lands near Finley, New South Wales, Australia. Canadian Solar has recently announced that it will be partnering with Signal Energy to provide engineering, procurement and constructions (EPC) services and supply solar modules for ESCO Pacific’s 175MWp Solar Farm in Australia. […]

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Indian Railways to Set Up 1 GW Solar Capacity by 2020-21

Indian Railways has an existing capacity of 71.19 MW of Solar plants from rooftops solar installations at various Railways stations. Ministry of Railways has planned to set up 1000 Mega Watt (MW) solar power by 2020-21 which would help Railways to source about 10% of its electrical energy from renewable source, Minister of State of […]

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Cabinet Gives Approval to India’s Approach for COP 24

The key focus of meeting was to finalize guidelines for implementation of Paris Agreement in post 2020 period. The Union Cabinet chaired by Prime Minister Narendra Modi has given its ex-post facto approval to the negotiating stand of India at the 24th Conference of Parties (COP) to the United Nations Framework Convention on Climate Change […]

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