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Renesola Secures USD 12 Million Financing for 19 MW Solar Project

ReneSola has successfully closed a bridge financing with Eiffel Energy Transition Fund to finance the construction of its 19 MW solar project in Poland. ReneSola Ltd, a leading fully-integrated solar project developer has announced that it has successfully closed a bridge financing with Eiffel Energy Transition Fund to finance the construction of ReneSola Power’s 19 […]

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Farmers in UP City to get 160 Solar Pumps Under KUSUM Scheme

The Pilibhit agriculture department in UP is set to provide 160 solar pumps to farmers on subsidy, under the PM KUSUM scheme of the Union government. The Pilibhit agriculture department in Uttar Pradesh (UP) is set to provide 160 solar pumps to farmers on subsidy, under the Pradhan Mantri Kisan Urja Suraksha Utthan Mahabhiyan (KUSUM) scheme of the Union […]

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EV Industry a Rs 500 Billion Opportunity in India by 2025: Avendus

In a new report by Avendus Capital, the firm predicts that the EV industry in India could represent a Rs 500 billion opportunity by 2025. In a new report by Avendus Capital, the firm predicts that with the present and projected level of EV penetration in the country, the electric vehicle (EV) industry in India […]

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Record Number of Microgrids Installed in US Last Year: WoodMac

546 microgrids were installed in the United States during 2019, more than any previous year, according to new research from Wood Mackenzie. 546 microgrids were installed in the United States during 2019, more than any previous year, according to new research from Wood Mackenzie. Three organizations – PowerSecure, Enchanted Rock and The American Red Cross – installed a combined […]

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Solar Installations in Q1 2020 Slowed Down in India, China and US: Report

According to a new report, Q1 of 2020 has been a particularly lousy installation period for solar panels with just 15.8 GW getting installed. According to a new report, quarter 1 (Q1) of 2020 has been a particularly lousy installation period for solar panels with only one quarter in the past 9, being lower with […]

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Over 1 Bn at Risk From Lack of Sustainable Cooling Access: SEforALL

A new report from SEforALL looked at 54 countries and finds that 1.02 billion people lack cooling access and remain at high risk With significantly higher rates of poverty and malnutrition forecast throughout the year due to COVID-19, a new report from Sustainable Energy for All (SEforALL) shows that without access to sustainable cooling, countries will struggle to fully recover. The report ‘Chilling […]

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Solar to Push Much of Remaining Coal Fleet in Texas Offline: IEEFA

New utility-scale solar will push much of remaining coal-fired power fleet across Texas into retirement in the next few years, finds a new report by IEEFA New utility-scale solar is poised to push much of the remaining coal-fired power fleet across Texas into retirement in the next few years, finds a new report by the […]

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Rs 50K Crore Loss in Forex if SPDs Exempted from Customs Duty: AISIA

India will lose nearly Rs 50,000 crore in foreign exchange (forex) if SPDs are given exemption from basic customs duty on Chinese imports, AISIA has said. India will lose nearly Rs 50,000 crore in foreign exchange (forex) if solar power developers (SPDs) are given exemption from basic customs duty on Chinese imports, the All India Solar […]

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8 GW Project On Offer In NSW, Australia, After Success with May 3 GW Project

New South Wales, whose state capital Sydney is the largest financial and commercial centre in Australia, has announced its second 8 GW Renewable Energy Zone (REZ). the new announcement follows the success the state had with it first such zone, that was announced in May this year was for a capacity of 3 GW, and […]

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