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ADB Expands Clean Energy Project in India with AIIB Co-financing

The ADB financing comprised a $500 million government-backed loan and a further $500 million in non-sovereign lending to India’s national transmission company, Power Grid Corporation of India Limited (POWERGRID). The Asian Development Bank (ADB) has agreed to finance additional power transmission network components with co-financing from the Asian Infrastructure Investment Bank (AIIB) that will connect […]

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NTPC Invites Bid for 225MW of Solar Under DCR in Uttar Pradesh

The 225MW solar power project tender comes under the Domestic Content Requirement (DCR) category, which mandates equipment to be sourced locally. India’s largest utility NTPC has invited bids from eligible bidders on Single Stage Two Envelope Basis (i.e. Envelope-I: Techno-Commercial Bid and Envelope-II: Price Bid) with Reverse Auction for development of aforesaid 225 MW Solar […]

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TMEIC Setups a Newly Established Power Electronics Factory in Karnataka

The newly established a factory of TMEIC is built to further reinforce company’s power electronics business in India. Toshiba Mitsubishi-Electric Industrial Systems Corporation (hereinafter, “TMEIC”; President & CEO Masahiko Yamawaki) has newly established a power electronics factory in Tumakuru district near Bengaluru, Karnataka State, in India. The new factory which is expected to be fully […]

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Fate of Paris Climate Accord

“WE’RE GETTING OUT.” These were the words that made headlines in the entire world, and were used specifically by the US President Donald Trump to signify America’s exist from the Paris Climate Agreement. The Republican Party Premier cited a number of negative statistics about the predicted economic impact from the climate deal, including a $3 […]

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Solar Photovoltaic (PV) Glass Market to Grow From USD 4.38 Billion in 2017 to USD 18.48 Billion by 2022: MarketsandMarkets

MarketsandMarket forecasts the solar photovoltaic (PV) glass market to grow from USD 4.38 Billion in 2017 to USD 18.48 Billion by 2022, at a CAGR of 33.4% from 2017 to 2022. Surging demand for solar energy in emerging economies and preference for solar energy in the residential applications are the key factors contributing to the […]

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PM Modi launches Pradhan Mantri Sahaj Bijli Har Ghar Yojana “Saubhagya”

The solar power packs of 200 to 300 Wp with battery bank for un-electrified households located in remote and inaccessible areas, comprises of Five LED lights, One DC fan, One DC power plug. It also includes the Repair and Maintenance (R&M) for 5 years. PM Narendra Modi has launched a new scheme Pradhan Mantri Sahaj […]

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Enel Commissions Largest Solar Project in South America

Enel has commissioned two solar plants that include the 254 MW and the 292 MW located respectively at Ituverava and Nova Olinda solar parks. Italian developer Enel’s subsidiary Enel Green Power Brasil Participações (EGPB) announced the operation of two solar power plants located in Brazil with an aggregate capacity of 546 megawatts. The two solar […]

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