SUBSCRIBE NEWS LETTER

solar project finance

ESMAP, World Bank Report Make Case For Energy-Plus Storage In India

A recent report from the World Bank on energy storage program, introduced a framework for addressing intermittency challenges in solar and wind energy. The proposed solution involves integrating battery energy storage to manage variable energy output effectively. This report is by the Energy Management Assessment Program (EMAP) in collaboration with the World Bank (WB), the […]

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Sterlite Power Acquires Neemrana II Kotputli Transmission Limited from PFC

Sterlite Power, a power transmission developer and solutions provider in India and Brazil, has announced the acquisition of Neemrana II Kotputli Transmission Limited, a Special Purpose Vehicle (SPV) from PFC Consulting Limited (PFCCL). PFCCL is a wholly owned subsidiary of Power Finance Corporation Limited (PFC), a Maharatna Public Sector Enterprise. The project was awarded to […]

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EU New Electricity Market Design To Speed-Up Renewable Deployment

A latest report shared by the European Council and the Parliament has revealed that they have reached a provisional agreement to reform the EU’s electricity market design (EMD). “This deal is great news, as it will help us reduce even more the EU’s dependence on Russian gas and boost fossil-free energy to cut greenhouse gas […]

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Rajasthan Biggest Beneficiary Of Renewable Energy Lending: Report 

A latest report by Climate Trends and the Centre for Financial Accountability (CFA) on the financing of coal and renewable projects claimed that Rajasthan remained the largest beneficiary of renewable energy lending in the country. The study assessed 68 project finance loans across 11 coal and renewable energy projects in India that reached financial closure […]

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Brazil, India, Indonesia Hold Largest Markets For Electric Cooking: IRENA

A recent report by International Renewable Energy Agency (IRENA) recently studied the growth of renewable-based electric cooking globally. It found a global improvement in access to clean cooking over the last two decades. The IRENA report said that the improvement was mainly found in five countries: Brazil, China, India, Indonesia, and Pakistan. The report studies […]

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Profit Uncertainty Holding Back Europe’s BESS Growth: Rystad Report

A recent research report on battery storage energy systems (BESS) by Rystad Energy claimed that the profit uncertainties in Europe have held back the growth of BESS. According to the latest research, which analyzes day-ahead power prices in Europe for 2023, Bulgaria (BG), Italy (NORD) and Hungary (HU) offer the highest profit potential for BESS […]

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Startup India & Avaana Climate Launch Grand Challenge for ClimateTech Innovation

Avaana Climate & Sustainability Fund, an early-stage VC that invests in disruptive technology-led climate startups, in collaboration with Startup India, a flagship initiative of the Government of India has unveiled the ‘Grand Challenge for ClimateTech Innovation’. This initiative aims to identify and support entrepreneurs building world-class solutions, to aid India and the entire world, in […]

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Sembcorp Eyes Wind Assets of 428 MW in India & China

Singapore-based renewables player Sembcorp Industries Ltd has announced the signing of two agreements for the acquisition of 428 MW of operational wind farms in China and India. In China, the wholly-owned arm of the Sembcorp Group, Sembcorp Energy (Shanghai) Holding Co Ltd has entered into an agreement worth (USD 97.3m/EUR 88.8m) with Envision Energy Co […]

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China’s Module Giants Sound Alarm Over Falling Prices

At the Bloomberg New Energy Finance Summit in Shanghai on November 27, the leaders of China’s, and the world’s largest solar module firms expressed worries on the all time low module prices seen in recent weeks and months. For what it is worth, prices are expected to drop even further before any recovery can start. […]

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