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renewable energy

World Bank’s IFC Funds CleanMax Solar with $15 Million

IFC also invested $125 million in Hero Future Energies, Hero Group’s renewable arm against an undisclosed equity stake. A senior executive from rooftop solar company CleanMax Solar has announced that the firm which is currently backed by American private equity giant Warburg Pincus has recently secured $15 million of funding against equity capital from International […]

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Hydrogen Fuel for Cars One Step Closer to Reality

The technology, described in a paper in the journal Energy Storage Materials, could be especially useful in rural areas, or to military units serving in remote locations. Researchers at University of California, Los Angeles have designed a device that can use solar energy to inexpensively and efficiently create and store energy, which could be used […]

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Two Bangladeshi Companies Wins $1 Million For Developing Platform For Household Solar System Users

A minimum of 100 smart grids serving as many as 15,000 people with the help of the granted funds. Two Bangladeshi firms Grameen Shakti and ME SOLshare were recognized for their project with $ 1 Million by UN linked funds, the project allows villagers to access more solar power and boosts entrepreneurship. The platform helps solar system […]

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India Adds 2.2 GW Solar Capacity in Q3, Faces Slowing Activity – Mercom

Newly-installed solar parks in India will stand at 9.5 GW and 10 GW, as compared to its previous forecast for about 10 GW. India has added 2,247 MW to the electricity grid in the third quarter of 2017 but activity there is seen to slow down and lead to weaker-than-expected fourth quarter, according to a […]

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Solar Lights Distributed To 350 Homes of J&K’s Kargil by Schneider Electric India

The children and the residents of area will be the major beneficiary of the program. Solar lights to as many as 350 homes has been provided by the Schneider electric India along with non-government organizations in Jammu and Kashmir’s Kargil under the umbrella of their social corporate social responsibility project under  the aegis of Schneider […]

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China Aims To Install Record Amount Of Solar Power Capacity

China has left Germany behind having most installed photovoltaic power capacity in 2015. China, being the world’s largest carbon emitter, now aims to be the biggest installer of solar power capacity with record numbers pushing the researchers to add almost 80 percent more capacity to stipulated one. The amount of additional capacity of 30GW of […]

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World’s Largest OPV System Installed on French School Roof

The goal of this experimental project is to open the door to longer term and large-scale development of OPV technology. French multinational Engie has inaugurated the world’s largest organic photovoltaic (OPV) system on a roof at a school in France, with Heliatek’s technology. The 530m2 roof of the Pierre Mendès-France secondary school, in La Rochelle, […]

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Telangana Government to Generate 5000MW Solar Power by 2019

During the last three years, the Telangana state has produced 2792MW solar power which is highest by any state in the country. The Telangana Government is all set to achieve 5000 MW solar power generation by 2019, Energy Minister B Jagadesh Reddy said. Telangana State at present produces 2792 MW solar power which is highest […]

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Two PV Projects for Pakistan and Brazil Allotted to Siemens

The Bahawalpur PV project in Pakistan will have a generation capacity of 100MW, but is also expected to be expanded to a capacity of 300MW in the near future The two PV projects based out in Brazil and Pakistan has been sanctioned for the installation and the German technology company Siemens has received the contract […]

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