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renewable energy sources

Solar Installations in Q1 2020 Slowed Down in India, China and US: Report

According to a new report, Q1 of 2020 has been a particularly lousy installation period for solar panels with just 15.8 GW getting installed. According to a new report, quarter 1 (Q1) of 2020 has been a particularly lousy installation period for solar panels with only one quarter in the past 9, being lower with […]

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IFC, EBRD, and EU to Support First Solar Project in Armenia

IFC, EBRD and the EU have signed on to support the development of the first utility-scale solar power plant in Armenia, the 55 MW Masrik Solar Project. The International Finance Corporation (IFC), a member of the World Bank Group, the European Bank for Reconstruction and Development (EBRD), and the European Union (EU) have signed on to […]

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MNRE Extends Timelines for ‘One Sun One World One Grid’

MNRE has announced that it has extended the timelines of the RfP for implementing the One Sun One World One Grid initiative. The Ministry of New and Renewable Energy (MNRE) has announced that it has extended the timelines of the Request for Proposal (RfP) for developing a long term vision, implementation plan road map, and […]

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UK to Relax Legislations Making it Easier to Construct Large-Scale Batteries

The UK Government will be relaxing the planning legislation to make it easier to construct large-scale storage batteries to store renewable energy The UK Government has announced that it will be relaxing the planning legislation to make it easier to construct large-scale storage batteries to store renewable energy from solar and wind farms across the […]

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Now Punjab Wants to Tear Up Solar Contracts

Even as the issues from Andhra Pradesh are still to be resolved, comes the news of Punjab State Power Corporation Limited (PSPCL), the key state discom, pushing for a 10 percent discom from solar power producers. PSCL’s logic? The hit to collections during the Covid-19 pandemic, and the amazing argument that while determining the rate, […]

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OLADE, IRENA put RE at Heart of Economic Recovery in LAC

IRENA and OLADE will boost ties to put the renewables-driven energy transformation at the heart of LAC economic recovery following the COVID-19 outbreak. The International Renewable Energy Agency (IRENA) and the Latin American Energy Organization (OLADE) will boost ties to put the renewables-driven energy transformation at the heart of Latin America and the Caribbean (LAC) […]

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CleanMax Receives Financing From GCPF for Southeast Asia Expansion

GCPF has announced the closure of a transaction, which will enable CleanMax to expand its operations into Southeast Asia, targeting Thailand first. The Global Climate Partnership Fund (GCPF) has announced the closure of a transaction, which will enable Indian commercial and industrial (C&I) solar leader CleanMax to expand its operations into Southeast Asia, targeting Thailand […]

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L&T Infrastructure Finance Closes $100 Million ECB Loan From AIIB

L&T Infrastructure Finance has received the first tranche of 50 million dollars of the total 100 million external commercial borrowing loan from the AIIB. L&T Infrastructure Finance Company Ltd (LTIF) has received the first tranche of 50 million dollars of the total 100 million external commercial borrowing loan from the Asian Infrastructure Investment Bank (AIIB), […]

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Sunrun to Acquire Vivint Solar for Enterprise Value of $3.2 Billion

Sunrun and Vivint Solar have entered into a definitive agreement under which Sunrun will acquire Vivint Solar in an all-stock transaction Sunrun, a leading provider of residential solar, battery storage and energy services, and Vivint Solar, a leading full-service residential solar provider in the United States, have announced that the companies have entered into a […]

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