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Hanergy Registers over 600% Jump in Operating Revenue

Hanergy has also reported a 30 fold year on year (YoY) surge in its net profits touching the unprecedented number of HKD 7.329 billion (USD 0.96 billion). The company has registered an over 600 percent increase in its operating revenue reaching a total of HKD 20,414 billion (USD 2,653 billion) in the first half of […]

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IEX, PXIL Green Certificate Sales Nosedive 49.34% in August

The drop in the sales of RECs took place within a time period of 1 month as it was around 16.18 lakh in July, 2018. Sales of Renewable Energy Certificates (REC) plunged around 49.34 percent to 8.19 lakh units on the country’s REC Exchanges, Indian Energy Exchange (IEX) and Power Exchange of India (PXIL). The […]

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Bengaluru Commuters May Travel on Electric Buses in 5 Years

The authority has started an electric bus in 2014 on pilot bases but shut the service citing high costs. In a bid to reduce the environmental pollution caused by worn diesel buses, state’s Deputy Chief Minister, G. Parameshwara has affirmed that the authorities will discontinue the use of all diesel buses over the next five […]

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PM Modi to Launch FAME India II on September 7

The 1st phase of FAME India scheme came into effect on 1st April 2015 in order to incentivize the mass adoption of electric/hybrid vehicles and to support hybrid/electric vehicles market development and manufacturing eco-system. Enhancing India’s approach towards the use of hybrid and electric vehicles, PM Narendra Modi will launch the 2nd phase of FAME […]

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TMEIC Receives ‘Global Company of the Year Award 2018’

The firm selected TMEIC by market in areas such as Japan, the Asia Pacific and other areas globally and bestows Best Practice Awards annually to companies that have achieved outstanding performance in respective industries. Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC)’s President & CEO, Masahiko Yamawaki received the 2018 Global Company of the Year Award in […]

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Iran Commissions its Largest Wind Farm

The 18-turbine wind farm, located in Tarom County in northern Iran, has a nominal capacity of generating 61 megawatt hours of power annually, Xinhua reported. Iran inaugurates its largest wind farm as part of its efforts to increase production of electricity from renewable sources. The 18-turbine wind farm, located in Tarom County in northern Iran, has a […]

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Cygni Energy Raises $6.4 mn to Back Expansion

Cygni Energy equity funding is led by Endiya Partners, a leading early-stage venture capital firm that invests in product startups, and the debt by IndusInd Bank, a leading Private Bank in India. Hyderabad based innovative Solar-DC solutions startup, Cygni Energy has raised a funding of USD 6.4 million through a combination of Equity and Debt. The equity funding […]

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India to Overachieve 175 GW Renewable Energy Target: UBM MD at REI Pre-Expo Press Meet

Asia’s leading renewable energy Expo ‘REI Expo’ is expected to attract participation of around 45 countries and 750+ exhibitors in the field of renewable energy. Global B2B event organizer, UBM held a pre-expo press briefing underlining the know-how of the Renewable Energy India Expo (REI Expo)scheduled for September 18th-20th, 2018. Asia’s most leading renewable energy […]

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NIWE Plans to Hold Workshop and Conference on Small Wind Turbines

The workshop and conference is aimed at bringing a wide national & international audience under one umbrella to build, learn and compare global small wind turbine know-how. Enabling small wind turbine players, National Institute of Wind Energy (NIWE) has planned to organize a 14-day workshop and conference on Small Wind Turbines at its Kayathar and […]

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