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EverSource Capital and NIIF to Invest $330 Mn in CDC’s Ayana Renewable Power

This investment is a part of CDC’s commitment to invest a further $ 1.7 billion in India and neighbouring countries over the next three years. EverSource Capital (a joint venture between Everstone Capital and Lightsource BP) and the National Investment and Infrastructure Fund of India (NIIF) have announced a partnership with UK-based Finance Institution CDC […]

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Top Stories of the Week for Solar Industry

Narendra Modi Flags Off First Ever Diesel to Electric Locomotive Prime minister Narendra Modi has flagged off the world’s first ever diesel to electric converted locomotive at the Diesel Locomotive Works in Varanasi. The Prime Minister unveiled the first of its kind converted electric locomotive during his visit to Varanasi, Uttar Pradesh on February 19, […]

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EBRD Deepens Green Finance in Armenia with €2.5 Mn Loan

Possible investments include technologies such as thermal insulation, photovoltaic solar panels, geothermal heat pumps and water efficient irrigation systems. The European Bank for Reconstruction and Development (EBRD) is intensifying efforts to strengthen energy efficiency in Armenia with the launch of a new Green Economy Financing Facility for the country, co-financed by the Green Climate Fund (GCF). Small and medium-sized enterprises (SMEs) […]

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Aligarh Muslim University Unveils New Rooftop Solar System

The total capacity of solar plants in the campus now stands at 6.5 MWp. Aligarh Muslim University (AMU) has recently inaugurated a new on-grid solar system on the rooftops of its Senior Secondary School-Girls, Ajmal Khan Tibbiya College, Sarojni Naidi Hall, S N Hall, Women’s Polytechnic, Bibi Fatima Hall, Department of Computer Engineering, New Hall for Girls, […]

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KPIT Announces Winners of the Fifth Edition of Its National Innovation and Design Contest, KPIT Sparkle 2019

Team Aqua from Army Institute of Technology, Pune won the Platinum Award at KPIT Sparkle 2019 KPIT, a global leader in automotive engineering and mobility solutions, has announced the winners of its annual national design and development innovation contest, KPIT Sparkle 2019. The competition aims at fostering innovation among students by providing them with an […]

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European Offshore Wind Capacity Grew By 18% in 2018

Europe installed 2.6 GW of new offshore wind energy capacity in 2018, according to statistics released by WindEurope. That’s an 18% increase in Europe’s offshore wind capacity. Europe now has 105 offshore wind farms across 11 countries with a total capacity of 18.5 GW. This is around 10% of the total installed wind energy capacity […]

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Sungrow Shipments to India Hits 3 GW

Sungrow has crossed the 3 GW mark for inverter shipments in India, and the company claims to have contracts signed and ready for the shipment of another 1 GW of inverters soon. Sungrow, one of the leading inverter solution supplier for renewables, recently announced that it has surpassed 3GW of inverter shipments, announcing it is accelerating […]

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Wind Now Provides 14% of Europe’s Electricity 

Wind energy provided 14% of the EU’s electricity last year, up from 12% in 2017, according to statistics released by WindEurope. Wind power capacity rose in Europe by 11.3 GW in 2018. Continued growth in capacity and the use of more powerful turbines are helping to drive up wind’s share in the electricity mix. Denmark […]

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Hyundai Steel And World Vision India Install Solar Street Lights in 4 TN Villages

This initiative is part of the Happy Safe Village Project, Tamil Nadu which aims at protection and safety to the communities in these villages. In line with the vision of creating safer and happy villages, Hyundai Steel and World Vision India have jointly installed 101 Solar Street Lights across four villages in the Sriperumbudur panchayat […]

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