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Morocco Secures USD 25 Million Loan for Solar Energy Projects

The project’s innovative hybrid solar design is also built on a unique Public-Private Partnership between the Moroccan Agency for Sustainable Energy (MASEN) and private sector sponsors – with a Build, Own, Operate and Transfer project structure and implementation approach Morocco has received USD 25 million loan from the Climate Investment Funds’ Clean Technology Fund, for […]

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Piramal Finance Introduces ‘Flexi Line of Credit’ for Renewable Energy, Sanctions an Additional Rs. 700cr to ACME Solar

Piramal Finance Limited (PFL) had first invested Rs. 499 Cr with ACME in July 2016, together with its partner APG. Piramal Enterprises, through its subsidiary Piramal Finance Limited (PFL), sanctioned an additional Rs.700Cr to ACME Solar Holdings Limited. The deal was made through Corporate Finance Group (“CFG”) of Piramal Finance Limited by introducing a new […]

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Philips Lighting secures renewable energy certificates in the Gulf region

Philips Lighting is the first major international company to secure its renewable energy consumption in the Gulf region using the pioneering International REC Standard. Philips Lighting has announced that it has purchased traceable renewable electricity from Dubai Electricity and Water Authority (DEWA’s) Mohammed bin Rashid Al Maktoum Solar Park in Dubai. The company has purchased […]

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Schools in the Limits of GVMC to Get Solar Power

The proposed capacity of 250kWp solar power photovoltaic system will be installed in the 144 schools under Greater Visakhapatnam Municipal Corporation to meet the energy demand as part of the Smart Cities Mission. Around 144 schools located in the limits of Greater Visakhapatnam Municipal Corporation (GVMC) will soon draw electricity from solar photovoltaic (SPV) systems […]

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India Can Integrate 175 Gigawatts of Renewable Energy into the Electricity Grid: Study

The report developed under the U.S.-India bilateral program “Greening the Grid”, confirms the technical and economic viability of integrating 175 gigawatts (GW) of renewable energy into India’s power grid by 2022, and identifies future course of actions that are favorable for such integration Power, Coal, New & Renewable Energy, Piyush Goyal recently released the first part of the study “Pathways […]

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Swedish Court of Appeal Rules Against Fortum in Income Tax Case

Fortum will book a tax cost of 1,175 MSEK (EUR 123 million) in the second quarter 2017 results. The booking will not have any cash flow effect for Fortum, as the additional taxes and interest have already been paid in 2016. The Court of Appeal in Stockholm, Sweden on 30 June 2017 ruled against Fortum […]

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Solar Films Manufactured by Heliatek Installed on ENGIE Laborelec’s Building in Linkebeek, Belgium

In 2016 the ENGIE Group acquired a 6.6% stake in Heliatek, one of the world leaders in the production of organic photovoltaic (OPV) films. Solar films manufactured by German company Heliatek have been installed on ENGIE Laborelec’s building in Linkebeek, Belgium. The HeliaFilm organic films have been incorporated into the façade and windows and will […]

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TMEIC Launches Next Gen Solar Ware Samurai 3.2MW Central Inverter

The new Solar Ware Samurai Inverter is the latest addition to TMEIC’s portfolio of PV utility-scale solar inverters for industrial markets, offering 3.2MW at 1500V. TMEIC Corporation has unveiled the next generation of Solar Ware Samurai Inverters, approved for outdoor installation.  The new Solar Ware Samurai Inverter is the latest addition to TMEIC’s portfolio of […]

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