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PGCIL to Build Renewable Energy Management Centre in Hyderabad

The Power Grid Corporation of India Limited (PGCIL) Chairman Managing Director K Sreekant has said that PGCIL will establish a Renewable Energy Management Centre (REMC) with 100 per cent grant of Rs 17.6 crore at Vidyut Soudha, Hyderabad. The CMD said that artificial intelligence-based forecasting and scheduling tools will be employed at the Renewable Energy […]

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The Top 5: Biggest Exporters of Electricity in the World

In the aftermath of the Russian invasion of Ukraine, the western world reacted with a slew of sanctions on Russia. As it turns out, the sanctions topped short of a complete ban on Russian energy – oil, gas, and coal imports. Even as the UK decided to phase out Russian oil by the end of […]

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Solar-powered butterfly-shaped mobile home all set for a world tour

The SolarButterfly, named Larso, plans to identify, record and publicize 1,000 climate change solutions and works of pioneers to serve as an inspiration for others to follow suit. It has just been announced that LONGi, a major solar technology company, will be a key partner for this project. The project involves a solar-powered mobile home […]

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Unavoidable multiple climate hazards in next 2 decades, warns new report

Human-induced climate change is causing dangerous and widespread disruption in nature and affecting the lives of billions around the world, despite efforts to reduce the risks, scientists warned in the latest Intergovernmental Panel on Climate Change (IPCC) report released on Monday. “This report is a dire warning about the consequences of inaction,” said Hoesung Lee, […]

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Husk Secures Funding For Solar Microgrids in Rural India

Patna based Husk Power Systems, the rural clean energy services leader in Africa and Asia and operator of the largest fleet of community solar microgrids in India, today announced the successful close of a Rs.31 crores  ($4.2 million) debt financing from the India Renewable Energy Development Agency (IREDA) Ltd. Besides the IREDA loan, Husk expects […]

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Swiss Sustainability Fund Guides Hydropower Developers Towards Sustainability

Hydropower project developers and operators can now apply for funding from a ‘sustainability fund’ for independent assessment of their project’s sustainability performance. The sustainability fund is patronized by the Swiss government. Apart from the sovereign’s backing, the fund has the support of a few other eminent institutes – the International Hydropower Association (IHA) and the […]

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Aquila Capital in Deal for Solar Project Portfolio in Spain

With an eye of a 500MW solar photovoltaic (PV) portfolio in Spain, Aquila Capital has signed an agreement with Viridi RE and Solar Ambition. Aquila is a German investment and asset development company and Solar Ambition is a subsidiary of Green Enesys Group. The deal has it that Viridi RE and Solar Ambition will work […]

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Green Firm Renew Power Raises $400 M from Global Debt Investors

ReNew Power has raised USD 400 million from global debt investors, making it the second issue from the country after Reliance Industries’ mop-up of USD 4 billion. The renewable energy firm said the money was raised by the Mauritius-based Clean Energy Holdings, a wholly-owned subsidiary of Renew Energy Global Plc that is the parent of […]

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Mozambique Takes First Step Towards Large Solar With 44 MW Floating Solar Plan

Mozambique, the 32 million strong South East African country is making its first bid for a floating solar plant. State-owned power company Electricidade de Mocambique (EDM) is seeking a consultancy that will conduct a feasibility study to assess the potential and implications of setting up a floating solar farm at a hydro power reservoir in […]

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