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Microgeneration and Power Trading – Will it work for India

At the outset let us define what is microgeneration. In simple terms, it is defined as the small-scale production of electricity from a low carbon source. This includes the design and installation of advanced distributed generation systems using traditional or renewables technologies. Given that traditional power systems are efficient only at scale, they typically do […]

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EIB Grants €50 mn Loan to Iberdrola for 111 MW Wind Farm in Spain

EIB will provide EUR 50 million in financing to an Iberdrola and Caja Rural de Navarra JV, to build wind energy projects worth a combined 111 MW in Spain The European Investment Bank (EIB) has announced that it will provide EUR 50 million in financing to Renovables de la Ribera, a 50-50 joint venture between Iberdrola and […]

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Kinetic Green Collaborates With Autoline to Develop E-Cycles

Kinetic Green has signed a pact with auto component maker Autoline Industries for joint development and marketing of e-cycles. Pune-based electric vehicle (EV) maker Kinetic Green said it has signed a pact with auto component maker Autoline Industries for joint development and marketing of e-cycles. Under the alliance, Autoline will undertake the development of the […]

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EESL and SDMC Partner to EV Infrastructure in Delhi

EESL has signed a Memorandum of Understanding (MoU) with SDMC to establish infrastructure for Electric Vehicles (EV) in the SDMC area over a 10-year period. Energy Efficiency Services Limited (EESL), a joint venture under the Ministry of Power has signed a Memorandum of Understanding (MoU) with South Delhi Municipal Corporation (SDMC) to establish infrastructure for […]

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Engie EPS Supplies 5 MW Storage Solns for RE Project in New Caledonia

Engie EPS, an arm of Engie Group and a specialist in the microgrids and storage solutions, has supplied its storage system of 5MWh for the renewable energy project in New Caledonia. The company has supplied its energy storage solutions to EEC Engie, an arm of Engie Group, for the ‘Lifou 100 percent Renewable Energy by 2020’ […]

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MHI Vestas Selected for 257 MW Baltic Sea Offshore Wind Project

MHI Vestas has been selected by Parkwind to supply 27 V174-9.5 MW turbines for the 257 MW Baltic Sea offshore wind project. In a signing ceremony in Copenhagen, MHI Vestas and Parkwind have signed a conditional agreement for the turbine supply for Arcadis Ost 1 offshore wind project in the German Baltic Sea. The signing […]

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Ideanomics’ MEG Bags Second Order for EV Taxis in China

Ideanomics has announced that its MEG division has secured an order for 2,300 EV Taxis from the City of Guilin, in Guanxi province of China Ideanomics has announced that its Mobile Energy Global (MEG) division has secured an order for 2,300 EV Taxis from the City of Guilin, in Guanxi province of China though MEGs […]

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IFC Eclipses $10 bn in Climate Finance Investments Since 2006

IFC has surpassed USD 10 billion in climate finance investments in financial institutions in emerging markets since 2006. IFC, a member of the World Bank Group, has announced that it has surpassed USD 10 billion in climate finance investments in financial institutions in emerging markets since 2006, a milestone that reflects the Corporation’s commitment to […]

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Nissan Partners With EVgo to Provide EV Charging Access to new Owners

Nissan and EVgo are providing new owners and lessees access to EVgo’s US charging network through a new program Nissan and EVgo have announced that they are providing new Nissan LEAF EV owners and lessees access to EVgo’s US charging network through a new program, “Nissan Energy Perks by EVgo.” Nissan Energy Perks by EVgo […]

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