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renewable energy investment

China’s Goldwind, UNSW Ally for Australia’s 1st Wind Technology Test Lab

AUD 2 million Memorandum of Understanding (MoU) had been signed between the parties at the UNSW China Center inaugurated in Shanghai earlier. China’s largest wind turbine technology and energy solutions provider, Goldwind has partnered with Australia’s University of New South Wales (UNSW) to establish the country’s first ever laboratory to test renewable wind technology. As […]

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Arcadia Power Nets $25 Mn Fund for Expansion

The community solar pipeline will include solar projects of 40 new large scale solar farms to be built across 600 acres availing clean energy options especially for the Arcadia Power members. DC based renewable energy digital utility, Arcadia Power has securely collected USD 25 million in the series b funding and planning to building 120 […]

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Silfab Solar, DSM Ally to make Back-Contact PV Solar Modules

Silfab Solar is incorporating a conductive backsheet launched by DSM which is expected to increase the power output from solar energy almost by 30 percent. North American leading solar PV module manufacturer, Silfab Solar has collaborated with purpose-led science-based sustainable living-promotional company, DSM to mass produce high-power back-contact PV solar modules. Silfab Solar is incorporating […]

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China Challenges US Safeguard Duty on Solar Imports before WTO

China Government has requested WTO dispute consultations with the U.S. to take appropriate measures at the state and municipal level that provide incentives for the use of domestically sourced renewable energy products and technologies for dispute settlement. Adding to its wide range of conflicts with U.S., China has questioned the U.S. imposed safeguard duties on […]

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Juwi Energies secures business for EPC of 250 MW Solar Parks in S.Africa

The USD 206 million contracts include the 86-MW Waterloo and the 78-MW Bokamoso solar plants, both to be located in North West Province, as well as the 86-MW Droogfontein 2 PV farm in the Northern Cape. Leading renewable energy development services provider, Juwi Energies has bagged contracts for Engineering, Procurement and Construction (EPC) and Operations and […]

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EBRD May Extend $ 35.3 mn Loan for 30 MW Solar Park in Kazakhstan

The construction of the PV Park is seen to help offset around 49,000 tons of carbon dioxide (CO2) emissions and lower reliance on power imports and related transmission losses. The European Bank for Reconstruction and Development (EBRD) is thinking to grant a loan of USD 35.3 million for 30 MW solar parks in Kazakhstan. Subsidy […]

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World Reaches 1TW of Wind and Solar; 2TW by 2023, says BNEF

According to the BNEF estimation, second terawatt of wind and solar will arrive by mid-2023 and cost 46 percent less than the first. The world has attained the landmark figure of 1,000 GW of wind and solar generation capacity installed, as per the Bloomberg New Energy Finance (BNEF) report. According to the BNEF estimation, second […]

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Domestic Solar Power Industry

Solar tariffs in India saw the lowest ever level of Rs.2.44 per unit in reverse auctions carried out by Solar Energy Corporation of India (SECI) in May 2017 for 200 MW and again twice in July, 2018, for 600 MW in each instance.  As per the final findings dated 16th July, 2018, in the investigations […]

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Rico Autos foresees Rs 2,000 crore turnover by 2020

Gurugram based auto parts maker Rico Auto Industries has claimed the procurement of orders worth 1,200 crore from electric vehicles manufacturers. Following a three-way future growth strategy, the company expects revenue of Rs. 1,500 crore in the FY 2018-19 and a turnover of Rs. 2,000 crore in the following year. In order to reach this […]

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