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REDAVIA Secures $2 M Debt Financing for Expansion in Ghana

“ElectriFI’s funding will be a stepping stone towards the international expansion of our successful delivery model in Ghana,” Erwin added. In order to further expand the leasing of solar assets in Ghana, REDAVIA Global Asset SCA secured a USD 2 million debt financing from ElectriFI to be invested in Ghana in conjunction with the recently signed USD 4 million innovative debt financing deal from responsAbility […]

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Renewable Sources Contribute Over 40% to Germany’s Public Net Electricity Generation in 2018

Based on the production figures, solar energy showed the largest growth at 16 percent, ahead of wind energy with 5.4 percent growth. Researchers at the Fraunhofer Institute for Solar Energy Systems ISE have just released their annual assessment on the net electricity generation for Germany’s public power supply in 2018. Based on the production figures, […]

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Cabinet Gives Approval to India’s Approach for COP 24

The key focus of meeting was to finalize guidelines for implementation of Paris Agreement in post 2020 period. The Union Cabinet chaired by Prime Minister Narendra Modi has given its ex-post facto approval to the negotiating stand of India at the 24th Conference of Parties (COP) to the United Nations Framework Convention on Climate Change […]

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Ørsted Commissions 20 MW Battery in UK

The 20 megawatt (MW) battery, located in Liverpool, consists of three battery containers, as well as the associated power conversion system. Ørsted, Denmark’s biggest energy company has commissioned its first large-scale battery energy storage project of 20MW capacity. This project supports the 90MW wind farm’s production scheduling as well as providing some grid services. The […]

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Rajasthan Amends Net Metering Regulations

The regulations will be enforced after its notification in the official gazette and specifically deliberates upon “Energy Accounting and Settlement”. Bringing clarity to the renewable energy framework for grid interactive small solar power plants and solar rooftop installations, The Rajasthan Electricity Regulatory Commission has amended the state’s net metering regulations. The regulations will be enforced […]

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EESL Inks Pact for Rs 500 Cr First Long-Term Rupee Loan

The Punjab National Bank (PNB)-issued funds will be utilized by the company towards funding its capital expenditure for its flagship programmes including Street Lighting National Programme, Smart Meter National Programme, Solar Substation, and E-Mobility project. Energy Efficiency Services Ltd (EESL), a joint venture of PSUs under the Union Ministry of Power, has raised its first […]

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Viz-A-Viz with Dr. Avishek Kumar, Director, Sunkonnect

Q. To begin with, please tell our readers more about Sunkonnect and its offerings and key specialities? Sunkonnect is a global renewable energy management consulting firm based in Singapore. We work with system owners, developers, EPC players and manufacturers in making significant and longlasting improvements to their systems, products and processes. Our team has over […]

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GST on Renewable Products Slashed to 5%

Prior to this clarification, solar power developers were paying tax at the rate of 18% which had become a sticking point in the industry. Solar Industry is in a state of relief after the GST council clarified that the devices and parts related to renewable energy will be taxed a 5% while the services related […]

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Viz-A-Viz with Ramnath Vaidyanath, CEO, WiSH Energy

Q. To begin with, please tell our readers more about WiSH Energy and its contribution towards clean energy in India. WiSH (Wind-Solar Hybrid) Energy was created for the sole objective of bridging the energy gap and making renewable energy accessible and affordable for all. Through constant innovation, research and human interaction, we are paving the […]

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