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Quantum Materials Licenses its Thin Film Cell Tech “Quantum Dot” For Indian Manufacture

Leading American cadmium-free quantum dot and nano-materials manufacturer Quantum Materials Corp has received an initial $500K (Rs 3.44 crore) along with confirmation that the $500K balance payment is in the process as part of the upfront license fee for the License and Development Agreement consummated with Amtronics CC. The license is the foundation for the […]

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EMEC Secures $35 Mn For Floating Wind Project in North-West Europe

The project is led by the European Marine Energy Centre (EMEC) working in partnership with SEAI, SAIPEM and other organisations in France, Germany, Ireland, the Netherlands, and the UK. A EUR 31 million ($35 million) project has been approved for an ambitious four-year floating offshore wind project. Subject to consenting, it is planned that a […]

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ADB and LEAP Sign $18.7 Mn Loan Agreement For Financing 5MW Solar Plant in Mongolia

The loan agreement marks ADB’s first co-financing with LEAP in Mongolia’s renewable energy sector. The Asian Development Bank (ADB) and the Leading Asia’s Private Infrastructure Fund (LEAP) today signed an $18.7 million loan with Sermsang Power Corporation Public Company Limited (SSP) and Tenuun Gerel Construction LLC (TGC) to build, operate, and maintain a 15 MW […]

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West Bengal Issues Tender For 7 MW Solar Plant in Durgapur

The last date for bid submission is April 10, 2019. The West Bengal Renewable Energy Development Agency (WBREDA) has issued a tender for developing of a 7 MW grid-connected solar PV power plant on turnkey basis at Durgapur, West Bengal. The brief scope of work for selected bidders will include the design, engineering, manufacture/procurement,  supply, […]

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CECEP Connects World’s Largest Floating Solar Plant in China

Chinese state-owned developer CECEP, in collaboration with French floating solar specialists Ciel & Terre, has connected its 70 MW floating solar power plant in Anhui, China to the grid after the project successfully cleared all tests and monitoring. Located on a former coal-mining area, in Yongqiao district, Suzhou city, the floating PV array will mainly […]

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DERC Approves PSA Between SECI and Tata Power-DDL For Sale of 50 MW Wind Power

The Delhi Electricity Regulatory Commission (DERC) has approved the Power Sale Agreement (PSA) between the Solar Energy Corporation of India (SECI)  and Tata Power Delhi Distribution Limited (TPDDL) for the sale of 50 MW of wind power. The order was passed after TPDDL had petitioned the commission to approve the PSA and adopt a tariff […]

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723 GW of New Wind Capacity Expected in the Next Decade : WoodMac

Wood Mackenzie Power and Renewables ‘Global Wind Power Market Outlook Update: Q1 2019’ report predicts the additions of nearly 723 GW of new wind capacity in the decade leading up to 2028. According to the report, 50.2GW of new wind power was added globally in 2018, a 4% increase Year on Year (YoY) and the […]

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InfraCo Africa Signs $2.2 M Loan Agreements with Gigawatt Global

InfraCo Africa has signed $2.2 million convertible loan agreements with energy developer Gigawatt Global for the development of the Samburu Solar and Transmara Solar projects in Kenya. Each with a capacity of 10MWAC, the sister facilities will generate clean, reliable electricity in some of the poorest counties in the country. The financing committed by InfraCo Africa will […]

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