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BlackRock raises $250 M for Climate Projects in Asia, Latin America, Africa

New York-based investment management company BlackRock has secured over $250 million from global investors and governments for the Climate Finance Partnership (CFP), which was introduced at the One Planet Summit in September 2018 under the leadership of French President Emmanuel Macron. CFP is a flagship blended finance vehicle that is designed to invest in climate solutions and […]

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SECI Issues Tender for 100 MW Solar Plant in Chhattisgarh

The Solar Energy Corporation of India (SECI) on Friday (July 9) released a tender for the Design, Engineering, Supply, Construction, Erection, Testing & Commissioning of 100 MW (AC) Solar PV Project with Land having 15 years Plant O&M At Chhattisgarh. SECI had earlier issued a tender for land parcels in the state for 100 MW  […]

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Tata Power Empaneled for 84MW Rooftop Solar Project By KSEB

Tata Power, India’s largest integrated power company, has been empaneled and won a contract worth Rs 400cr from the Kerala State Electricity Board Limited (KSEBL) on July 2, 2021 to develop 84MW solar rooftop project for domestic consumers across all districts of Kerala. As a part of this agreement, the company will implement projects through […]

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German Partners Launch Hamburg Project to Test H2-powered Aviation

A collaboration between aircraft services provider Lufthansa Technik, the City of Hamburg and other German partners plans to modify an Airbus A320 to test maintenance and ground-handling procedures for liquid hydrogen-powered aircrafts. Operation of the demonstrator is planned to begin in 2022 in Hamburg, the world’s third-largest aviation center, which is also funding the project. Liquid […]

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Norway Allocates $1.2 bn for RE Projects in Developing Nations

The Norwegian government has announced the allocation of $1.16 billion over five years for a new fund that will invest in renewable energy in developing countries with the aim of reducing greenhouse gas emissions. Speaking about the new fund, Minister of International Development Dag-Inge Ulstein said, “It is part of the solution to some of […]

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Power Equipment Major Alfanar Acquires Wind Energy OEM Senvion India

Saudi power equipment major Alfanar has made a formal entry into India’s energy sector through its 100% acquisition of wind turbine OEM Senvion India from Senvion GmbH. The acquisition was made through Global Renewable Energy Development Holding Company Limited (GREDHCL), a dedicated investment vehicle set-up by promoters of Alfanar. Announced back in December 2020, the […]

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Local Firm to Set Up 100 MW Solar Plant in Botswana

The Botswana energy regulator has granted a generation licence for a 100 MW solar project to local firm Shumba Energy, making it the first independent power producer to set up a large scale solar plant in the country, according to media reports. This landlocked country in Southern Africa does not currently have large scale solar […]

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ARCI Sets up Solar Thermal Components Testing Facility in Hyderabad

The Union Ministry of Science & Technology has set up a concentrated solar thermal (CST) based test rig facility in Hyderabad to solar industry test capability and performance of solar thermal components like solar receiver tubes, heat transfer fluids, concentrating mirrors. The facility was set up by the International Advanced Research Centre for Powder Metallurgy and […]

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Egypt Gets Sterling & Wilson’s First Data Centre Project

Sterling and Wilson Pvt Ltd (SWPL), a Shapoorji Pallonji group company and one of India’s leading engineering, procurement, and construction (EPC) company and also the promoters of Sterling and Wilson Solar, today announced that it has successfully delivered its first prefabricated data centre project in Egypt. Project The project was executed for Faisal Islamic Bank […]

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