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renewable energy investment

Delhi Solar Policy

Delhi Solar Policy Updates 2017 Delhi Solar Policy 2016 released by the Delhi state government applicable for the period, 2016-2020. Promotion for investment climate enabling multiple financial models is the primary focus of the policy. With the major focus on self-owned Capital Expenditure (CAPEX) to third-party owned Renewable Energy Service Company (RESCO) models applied to […]

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UNSW engineers set a new world record in solar cell efficiency

Engineers at the University of New South Wales have developed a new solar cell configuration that is 34.5 percent efficient at converting unfocused sunlight into electricity. The new solar cell is 44 percent better than the previous record – made by Alta Devices of the USA, which reached 24% efficiency with a larger solar array. […]

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World Bank approves $750 Million loan to Support India’s Grid Connected Rooftop Solar Program

The World Bank Board has approved a $625 million loan to support the Government of India’s grid connected rooftop solar programme to generate clean energy. World Bank has also approved a co-financing loan of $120 million on concessional terms and a $5 million grant from Climate Investment Fund’s (CIF) Clean Technology Fund. The project will […]

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IKEA to install Tennessee’s largest solar rooftop array on its Memphis store

Swedish home furnishing retailer, IKEA has announced plans to install a solar energy system atop its Memphis store opening late Fall 2016. It is said be the largest rooftop solar array in the State of Tennessee. The 271,000 square-foot future IKEA Memphis, including approximately 800 parking spaces, will be built on 35 acres in the […]

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GE Power and Partners convened to discuss the country’s evolving electricity landscape

GE and partners convened distinguished members from the government of India, policy leaders and industry experts to discuss the country’s evolving electricity landscape and explore pathways towards a modern, affordable, reliable and sustainable energy future. The most prominent topics of discussion were energy efficiency and digital solutions for India, which were shown to have the […]

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Construction Machinery Giant – Caterpillar forays into the Solar Storage and Microgrid Business

Caterpillar – a known name in construction machinery and generators has forayed into the storage and microgrid markets which combine solar PV and energy storage with the company’s power generation equipment. Bringing along a years of experience in power generation –both in provider of generators and power projects, the company has acceptably sneaked into the […]

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EGPNA starts construction of the Aurora utility-scale distributed PV solar project in Minnesota

Enel Green Power North America (“EGPNA”), has announced that it has started construction of the Aurora utility-scale distributed photovoltaic (PV) solar project in Minnesota. Aurora will consist of 16 PV plants with a total installed capacity of 150 MWdc1 and will be able to generate over 210 million kWh annually – equivalent to the energy […]

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CEO of SEIA Rhone Resch stepping down after 12 years of leadership

Rhone Resch has announced to step down as President and CEO of the Solar Energy Industries Association (SEIA) on May 31st, 2016. SEIA will name an interim leader and begin the executive search process before his departure. Chairman of SEIA’s board of directors- Nat Kreamer has expressed the association’s gratitude to Rhone for his accomplishments as […]

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