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Masdar Achieves Financial Close on 100 MW Solar Project in Uzbekistan

Masdar has announced the financial close of the 100 MW Nur Navoi Solar Project – Uzbekistan’s first successfully-financed independent power producer (IPP) solar project. The Nur Navoi Solar Project was awarded to Masdar last year under the WBG’s Scaling Solar program, with Masdar tendering the lowest tariff in a competitive auction. In November 2019, Masdar […]

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Vikram Solar Commissions Rooftop Solar Plant at its Manufacturing Facility

Vikram Solar has commissioned a 919.73 kWp rooftop solar plant at its manufacturing facility in Falta, West Bengal. Vikram Solar, a leading module manufacturer and comprehensive EPC solutions and rooftop solar service provider, has announced that it has commissioned a rooftop solar plant at its manufacturing facility in Falta, West Bengal earlier this month. The […]

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Solar Farms Generating 50% of Iran’s Renewable Power

Iran’s Renewable Energy and Energy Efficiency Organization (SATBA) has released data indicating that the share of solar power plants in Iran has reached 49 percent. Based on the data, the total capacity of Iran’s renewable power plants is 844.59 megawatts (MG) at the end of November 2020. The solar surge should be no surprise considering […]

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Focus on Electrification of 3W More as Compared to 4W: TERI

One of the most significant challenges in the 3W segment is with respect to finances. However, that cost is now coming down to 25-30% in India The Energy and Resources Institute (TERI), with the support of Shakti Sustainable Energy Foundation (SSEF), has released a report on the Roadmap for Electrification of Urban Freight in India. Speaking […]

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“EEG-Novelle”, New Renewable Energy Law For Germany

The parliament of Germany has approved a draft of the reform of the new renewable energy law called “EEG-Novelle.” With the new provisions, several changes will be introduced for the PV sector. One of the most important ones is the exemption from the payment of the EEG-levy, which is usually applied to all power producers […]

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Gujarat’s Borosil Renewables Raises Rs 200 Crore via QIP

Borosil Renewables has raised Rs 200 crore by issuing 1.58 crore shares through qualified institutional placement (QIP) India’s first and only solar glass manufacturer Borosil Renewables Ltd (BLR) has raised Rs 200 crore by issuing 1.58 crore shares through qualified institutional placement (QIP). As per the company’s statement, BRL has successfully completed fundraising of Rs […]

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Taaleri’s SolarWind II Fund Sees Third Close at EUR 320 Million

The Taaleri SolarWind II fund has held the third closing with approximately EUR 320 million in total commitments. The Taaleri SolarWind II fund has held the third closing with approximately EUR 320 million in total commitments. The third-close investors include Obligo Global Infrastuktur II Fund, YLE Pension Fund, the Nordic Environment Finance Corporation (NEFCO), institutional […]

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The 20,000th Solaris Electric Bus is Running on the Roads of Warsaw

Europe’s leading Bus manufacturer, Solaris has been producing innovative and environment-friendly buses since 1996. The company has manufactured five types of buses till now and released its 20,000th bus, the electric Urbino 18 on 15th December 2020. Manufactured in Solaris factory in Bolechowo, the electric Urbino 18 is running on the streets of Poland’s capital, […]

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