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ADB Approves $100 Mn Facility For Renewable Power Projects in Pacific

The Asian Development Bank (ADB) has approved an umbrella facility of up to $100 million which will provide financing support including loans, guarantees, and letters of credit to overcome constraints to private sector investment in renewable power projects in Pacific island countries. The ‘Pacific Renewable Energy Program’ will support an estimated 5 separate renewable energy projects in […]

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Exide Acquires Stake in Cleantech’s 3 SPV’s For Procuring Energy From Solar Plants

Exide Industries has announced that it has entered into 3 separate share subscription and shareholders agreements with Singapore-based Cleantech Solar Energy for three special purpose vehicle (SPV) companies. “Exide Industries Limited has entered into 3 separate SSSAs’ with Cleantech Solar Energy for 3 SPV companies for the purchase of energy from three Captive Power Plants […]

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Petronas Forays into Renewable Energy with Acquisition of Amplus Energy

Malaysia’s Petronas has acquired Amplus Energy Solutions, marking the Oil and Gas majors international foray into renewable energy. Petroliam Nasional Berhad (Petronas), Malaysia’s fully integrated oil and gas major, has entered into an agreement with I Squared Capital, a leading global infrastructure investor, to acquire 100% interest in Amplus (M+) Energy Solutions Pte Ltd, a […]

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Avaada Energy Secures Rs 1000 Cr Investment From ADB, DEG and FMO

Avaada is targeting an extensive portfolio of 5 GW solar projects across Asia and Africa of which about 2.4 GW capacities are under implementation. Avaada Energy has announced that it has received an investment of Rs 1,000 crore for financing its 2.4 GW solar energy portfolio of the targeted 5 GW capacity in Asia and Africa. The investment has come from Asian Development Bank; DEG, the […]

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More Than 100 GW of 1500V Solar Inverters to Be Shipped in Next 2 Years

According to a new report, more than 100 GW of 1500V solar inverters are expected to be shipped in the next 2 years. A new report by consultancy firm IHS Market predicts that having grown from just 2 GW of shipments in 2016 to surpass the 30 GW milestone in 2018, 1500V inverters will continue […]

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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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String Inverters – Igniting the Solar Market in 2018

The renewable energy sector is catapulting a holistic approach in the overall technology world. Especially ‘Solar Power’ which has a GW trail to his name is seen as the next big revolution in renewable energy sector. The power demands in future will become ruthless and Government is writing subpoena for Solar Experts and companies to […]

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China Starts World’s Biggest Floating Solar Project

The one billion yuan floating solar power project in Anhui province, developed by the Three Gorges Group, is to be constructed in May next year. China’s Three Gorges Group is building a 150-megawatt floating solar plant in the eastern part of country, the largest of its kind in the world, official Xinhua news agency reported. […]

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REPORT ON THE 11TH SNEC PV POWER EXPO

SNEC2017, with the exhibiting space reaching 180,000 square meters, attracted over 1,800 exhibitors and over 220,000 visits from 95 countries and regions The 11th SNEC PV POWER EXPO Successfully Held The largest PV tradeshow in the world — SNEC 11th (2017) International Photovoltaic Power Generation Conference & Exhibition was successfully rounded off on April 21st, 2017. […]

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