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Engie Acquires African Off-Grid Energy Firm Mobisol

ENGIE has expanded its decentralized energy offering in Africa through the acquisition of Mobisol French multinational electric utility company, ENGIE has expanded its decentralized energy offering in Africa through the acquisition of Mobisol, a pioneer of off-grid solar solutions in the region. Mobisol has operations in Tanzania, Rwanda, and Kenya and has installed more than […]

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Vestas Receives 60 MW Turbine Order for 2 Projects in Finland

Vestas has bagged an order from OX2 for two wind projects in Western Finland that will be realised on a merchant basis without any direct financial support. Danish wind energy major, Vestas has announced that it has bagged an order from the Nordic developer OX2 backed by the UK investor Infracapital for the wind projects […]

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India Pitches for Financial Support to Achieve Paris Agreement Targets

India has raised the pitch for finance and technology support to developing nations to achieve the Paris Agreement goals it had set in 2015 In the run-up to two key UN summits on Climate Change, India has raised the pitch for finance and technology support to developing nations to achieve the Paris Agreement goals of […]

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Bangladesh Gets $185 mn World Bank Financing for Renewable Energy

The government of Bangladesh has signed a financing agreement with the World Bank to add about 310 MW renewable energy generation capacity The government of Bangladesh has signed a USD 185 million financing agreement with the World Bank to add about 310 MW renewable energy generation capacity, which will contribute to reliable, affordable electricity and […]

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Vestas Sells Majority Stake in 3 Romanian Wind Projects

Vestas has entered into an agreement to sell 80% of its shares in the subsidiaries owning the 3 Romanian wind power plants at a price of EUR 136 million Wind Energy Major, Vestas Wind Systems has announced that it has entered into an agreement to sell 80 percent of its shares in the subsidiaries owning […]

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Amara Raja Launches EV Charging Stations and Electric Autos in Tirupati

Amara Raja has launched electric vehicle (EV) charging and battery swapping stations and a fleet of electric autos in the temple town of Tirupati Amara Raja Batteries, a wholly-owned subsidiary of the Amara Raja Group has launched electric vehicle (EV) charging and battery swapping stations in the temple town of Tirupati, Andhra Pradesh. The firm, […]

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How much of impact would a 25% weight decrease on a panel be to the industry?

Compared with dual glass bifacial, JinkoSolar’s Swan reduces the weight by 25%. How much would this mean to the investors, developers, EPCs and O&M? Would it make much of a difference, or would the savings be significant enough to 100% shift to it? Will weight increase of glass-glass bifacial diminish its returns or offset the […]

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NCLT Approves IL&FS Proposal to Sell 7 Wind Assets

NCLT has cleared the sale of IL&FS’s 7 wind energy assets to Orix Corporation for Rs 4,800 crore The National Company Law Tribunal (NCLT) on August 28, 2019, has cleared the sale of IL&FS’s seven wind energy assets to Japan’s Orix Corporation for Rs 4,800 crore which will partially help reduce its debt burden of over […]

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Australia to Invest $15 mn in Ultra Fast EV Charging Network

Australia has today announced $15 million in funding to Evie Networks to roll out the largest ultra fast battery EV charging network along Australia’s highways. On behalf of the Australia Government, the Australian Renewable Energy Agency (ARENA) has announced $15 million in funding to Evie Networks to roll out the largest ultra fast battery electric […]

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