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renewable energy investment

Mumbai Temple Harnesses Solar Power to Reduce Annual Power Bills By 40 Percent

The prominent Manas Mandir derasar in Shahapur has installed solar rooftop panels that will reduce pollution and save 40 percent of its annual cost of electricity. Many Mosques and temples in several parts of India have started to harness electricity from renewable energy sources. This time, the prominent temple in Mumbai, Manas Mandir derasar in […]

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African Development Bank Grants $265M Loan for Two Solar Power Plants

The bank has committed $265 million for Morocco where two solar power plants named NOORM I and NOORM II with a combined capacity of 800MW The African Development Bank (AFDB) has approved $324 million loan for two renewable energy projects in Africa. The Bank has set aside US$265 million for two solar power plants named […]

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EDF Announces to Develop 30 GW of Solar Capacity in France by 2035

EDF will invest about 25 billion euros to develop 30 gigawatt of solar capacity in France between 2020 and 2035. French state-controlled utility EDF announced it plans for a big push into solar energy in France that will cost up to €25bn. Jean-Bernard Lévy, EDF chairman and chief executive said the utility will invest about […]

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International Solar Alliance to Develop an Insurance Scheme

International Solar Alliance has created an international expert group to work on blue print of the mechanism which is expected to come out in next year. The International Solar Alliance (ISA), which became a treaty-based global entity on December 6, is planning to develop an insurance scheme – Common Risk Mitigating Mechanism – to protect […]

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Czech Republic to Invest in Punjab, Envoy Met CM Amarinder Singh

The Ambassador further offered unique 15-seater aircraft for boosting regional mobility in Punjab. Punjab Chief Minister Amarinder Singh and Czech Republic Ambassador Milan Hovorka met each other to discuss and discover over investment opportunities in the field of manufacturing in Punjab. As per an official release, Hovorka and the accompanied high-level delegation possessed keen interest […]

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Kenyatta University Turns on 100KW Solar Power Plant

The 100KW solar power plant has cost a total of Sh17mn (US$165,400) and is located on the university’s main campus in Kenyan capital city, Nairobi. Kenyatta University located in Kenya’s capital city, Nairobi, has switched on the first phase of its solar power plant. The 100KW solar project has cost a total of Sh17mn (US$165,400) […]

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Game of Forecast

As per F&S regulations, it is clear that the wind and solar power generators connected to the State grid shall, either by themselves or through a QCA or through an Aggregator, Considering National Action Plan on Climate Change, Nationally Determined Contributions (NDCs), India’s national policies and other initiatives encouraging renewable, India has a massive target […]

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Solar Business: Greenlight Planet Raises $60 Million led by Apis Partners

Greenlight Planet will use the new debt and equity capital to expand its solar-energy product lines, distribution networks, and financing capabilities in Africa and Asia Renewable energy firm Greenlight Planet Inc has raised $60 million in a funding round led by London-based private equity fund manager Apis Partners. The debt and equity round, which was […]

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International Solar Alliance Developing Risk Mitigation Mechanism to be Ready in a year

The International Solar Alliance will become a treaty-based international intergovernmental organisation on December 6, 2017. A mechanism for reducing the risks associated with financing of solar power projects and make them workable under the aegis of the International Solar Alliance (ISA) is set to be rolled out in a year, the Ministry of New and […]

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