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As MoUs Worth Lakhs OF Crores Are Announced By PFC, REC, Hopes Rise

The Central government’s power project financing arms, PFC and its subsidiary REC, have made a slew of green funding announcements recently. In total, the NBFCs Power Finance Corporation Ltd (PFC) and REC Ltd have signed agreements worth ₹5 lakh to fund projects of major green energy firms. While the PFC signed pacts worth ₹2.37 lakh […]

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Using the Piecewise Method to Check the PV String Ground Point

Background As the running time of PV plants increases, the DC line slowly ages, and the waterproof performance of the DC terminal (MC4 terminal) deteriorates. As a result, the insulation impedance of the DC line is too low, or the positive and negative terminals are short circuited to the ground. Either way, major failures may […]

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Wind and Solar to Account 25% of US Generating Capacity by 2026: FERC

The utility-scale solar and wind of the US appear to be on track to provide a quarter of the nation’s installed electrical generating capacity within three years, as per a review by the SUN DAY Campaign of data newly released by the Federal Energy Regulatory Commission (FERC). According to the most recent “Energy Infrastructure Update” […]

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Masdar Raises US$750 Million Green Bond

Abu Dhabi Future Energy Company PJSC – Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. Showing positive appetite from regional and international investors, the order book peaked at US$ 4.2 billion, i.e. oversubscription of 5.6x. Pricing tightened 35 bps between launch and final terms, […]

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Building Sustainable Cyprus: Central Energy Storage for Hybrid Renewables

Cyprus has set out a policy framework for the integration of energy storage systems after reaching a funding agreement with the European Commission (EC). The Mediterranean island’s Ministry of Energy, Commerce and Industry (MECI) last week announced its ‘General policy framework for energy storage systems’. It said the government will be deploying centralised energy storage […]

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EIB Delegation to India to Focus on RE Intiatives, Green Hydrogen Ecosystem

A European Investment Bank (EIB) delegation is embarking on a four-day business visit to India this week to strengthen collaboration with Indian public and private sector partners. The visit of the delegation, which includes EIB Vice-President Kris Peeters, will primarily focus on discussing EIB’s support for clean energy investments and transportation initiatives in the country. […]

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1C Charging Joins The EV Rush With Charging Solutions

India, as the world’s furth largest auto market, is fast emerging as one of the fastest-growing Electric Vehicle (EV) markets in the world too. The size of the industry is projected to grow from USD 3.21 billion in 2022 to USD 113.99 billion by 2029. With growing sales of EV, various brands are also emerging […]

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Eku Energy Secures Exclusive Rights for 1 GW Battery Storage Projects in Italy

The energy storage developer Eku Energy has signed a Framework Agreement with Renera Energy, a European consulting, trading and development group, securing the former exclusivity over 1 GW of battery storage projects in Italy. As part of the agreement, Eku Energy is already funding projects with a combined capacity of over 100 MW in the […]

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Goldi Solar Forays Into The Inverter Business, Launches VAMA 

Goldi Solar, an Indian solar company, today launched its on-grid smart string inverter-VAMA. The firm has launched the product to cater to the energy needs of its residential and Commercial & Industrial consumers. Surat-based Goldi Solar has been known as a solar PV module manufacturer and an EPC player.  Capt. Ishver Dholakiya, Founder & Managing […]

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