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Walmart, SunPower Sign 23 MW Solar Pact

As part of the project, a mix of rooftop and ground-mount solar systems are expected to account for 23 MW, with start of construction targeted for the first half of 2019.   Retail stores chain operator Walmart has reached an agreement with SunPower to have the commercial energy provider install solar systems at 19 stores […]

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Egypt Could Meet Over 50% Electricity Demand via Renewable Energy: IRENA

The Egypt Renewable Energy Outlook report finds that pursuing higher shares of renewable energy could reduce the country’s energy bill by up to USD 900 million annually in 2030. Egypt has the potential to generate up to 53 per cent of its electricity from renewable sources by 2030, according to a new report by the International Renewable Energy Agency (IRENA). The Egypt Renewable Energy Outlook report finds that pursuing higher shares […]

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Nestlé Waters NA, ENGIE Resources Ink Renewable Energy Deal

As per the deal, ENGIE will supply over 50 percent of the energy needed for NWNA’s manufacturing and distribution facilities in Texas. Bottled waters supplier Nestlé Waters North America (NWNA) has entered into a renewable energy pact with ENGIE Resources, a subsidiary of ENGIE North America. As per the deal, ENGIE will supply over 50 percent […]

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Shaw Air Force Base, Duke Energy Join Hands for New Solar Project

Duke Energy’s Solar Rebate Program helped with the costs of the Shaw project and has provided more than USD 50 million in rebates as an extra incentive for customers who wanted to go solar across its South Carolina footprint. Hunt Southern Group along with its military partner, Shaw Air Force Base, has collaborated with Duke […]

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India’s Rooftop Solar Market – High on Opportunities and Loaded with Challenges

Experts from the industry, policy makers and market researchers will share their experience and views and suggest the ways to accelerate the market during three rooftop conference sessions at Intersolar India on December 11-13, 2018 in Bangalore. Net metering was introduced in India as a measure to make rooftop solar more accessible and economical for […]

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Green Climate Fund Invests $1 Bn for Developing Countries

The 19 new projects amount to a total investment from GCF of USD 1,038 million, and including co-financing the projects will channel over USD 4,244 million of climate finance for low-emission, climate-resilient development. The Green Climate Fund (GCF) in its 21st board meeting in Bahrain has approved over one billion dollars of new projects and […]

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India, Bahrain, Lesotho, SA Clinch UN’s Top Honour for Investment Promotion

Invest India received the award for excellence in servicing and supporting a major global wind turbines company in the establishment of a blade manufacturing plant in India while committing to train local staff and produce 1 gigawatt of renewable energy. In another significant development, the agencies – Invest India, Bahrain Economic Development Board (EDB Bahrain), Lesotho […]

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Marathon Capital Sells OCI Solar Power’s 66MW Project Ivory to DESRI

The project, located in Dawson County, Texas, is anticipated to reach commercial operation in November 2018. One of the leading financial advisory and investment banking firm Marathon Capital has sold OCI Solar Power’s 66 MWDC in-construction solar photovoltaic project (Project Ivory) to D. E. Shaw Renewable Investments (DESRI). However, the company said that, OCI Solar Power funded the […]

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New Innovation from Germany: Graforce Produces Environmentally Friendly Fuel from Wastewater

Plasmalysis converts pollutants into energy and reduces emissions by up to 60 % The Berlin-based tech company Graforce has introduced a unique technology: Plasmalysis saves resources in its highly efficient generation of hydrogen from industrial waste water. Mixing in biogas produces hydrogen-enriched compressed natural gas (HCNG) – a cost-effective, environmentally friendly fuel for vehicles that […]

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