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RE Producers can Move NCLT Against Discoms Over Dues: RK Singh

Flagging non-payment of dues by Discoms to renewable energy producers, RK Singh has cautioned states that the developers could approach NCLT Flagging non-payment of dues by power discoms to renewable energy producers, Union Power Minister RK Singh has cautioned seven states, including Maharashtra and Karnataka, that the developers could approach NCLT against the distribution companies to recover payments of […]

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Solar Leads as RE Investment Skyrocket Past $2.5 Trillion

In the last ten years, the investments in the renewable energy sector have crossed the threshold of 2.5 Trillion dollars with solar at the top. The decade of investment (2010‐2019) quadruples renewables capacity from 414 GW to about 1,650 GW Solar capacity alone will have risen to more than 26 times the 2009 level — […]

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Australia Says 2020 Clean Energy Targets Met This Year

The CER informed that on August 30, 2019, this milestone was met ahead of schedule. But despite this nugget of good news, Australia has been walking backward on climate change. Australia’s’ Clean Energy Regulator (CER), in an official statement, has confirmed that it has now enough approved capacity to guarantee that its renewable energy targets of […]

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Engie Acquires African Off-Grid Energy Firm Mobisol

ENGIE has expanded its decentralized energy offering in Africa through the acquisition of Mobisol French multinational electric utility company, ENGIE has expanded its decentralized energy offering in Africa through the acquisition of Mobisol, a pioneer of off-grid solar solutions in the region. Mobisol has operations in Tanzania, Rwanda, and Kenya and has installed more than […]

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India Pitches for Financial Support to Achieve Paris Agreement Targets

India has raised the pitch for finance and technology support to developing nations to achieve the Paris Agreement goals it had set in 2015 In the run-up to two key UN summits on Climate Change, India has raised the pitch for finance and technology support to developing nations to achieve the Paris Agreement goals of […]

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Raymond Group goes solar with Waaree Energies’ Group Captive Solution

Waaree Energies has associated with Raymond Group to provide open access solar solutions in Maharashtra. Waaree Energies, one of India’s largest solar PV manufacturer and a leading EPC player has associated with Raymond Group, a leader in the fashion retailing space, to provide open access solar solution in Ahmednagar, Maharashtra. With a capacity of 2.5 […]

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Mitsubishi Invests in BBOXX to Bring Off-Grid Solar Energy to Africa and Asia

Mitsubishi Corporation has announced its decision to invest in BBOXX Limited, a next-generation utility providing off-grid energy solutions in Africa & Asia Japanese multinational conglomerate, Mitsubishi Corporation (MC) has announced its decision to invest in UK-based BBOXX Limited, a next generation utility providing off-grid energy solutions in Africa and Asia. Since its establishment in 2010, […]

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Adani Green Energy Revenue Jumps 40% YoY in Q1 2019-20

Adani Green Energy has reported total revenue in Q1 of Rs 661 crore, a jump of 40 percent yoy from the same quarter in the last financial year. Adani Green Energy (AGEL), a part of the Adani Group, recently announced its financial results for the first quarter ending June 30, 2019, of the financial year […]

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