Solar News

EDF Successfully Installs 100,000 Smart Meters in India 

EDF has successfully installed 100,000 smart meters in India under its EESL contract, commercial roll-out of 5 million smart meters is next. Global low-carbon electricity leader EDF has announced that it has successfully installed 100,000 smart meters in India under its contract with Energy Efficiency Services Limited (EESL), an energy service company under the administration […]

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Sterlite Power & Vinci Energia tie-up for Purchase of Vineyards Project

Sterlite Power, a leading developer of power transmission infrastructure in India and Brazil, and Vinci Energia (VIGT11), through Vinci Infraestrutura Gestora de Recursos LTDA, have announced the formalisation of the commitment of first acquisition of issuance of debentures convertible into shares for the Vineyards Project that is in the final phase of implementation in Brazil. […]

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Europe Invested €43 Bn in 2020 to Cover 20 GW of new Wind Farms

Europe invested EUR 43 billion in new wind farms in 2020, the second-highest annual amount on record, to fund 20 GW of new projects. Europe invested EUR 43 billion in new wind farms in 2020, the second-highest annual amount on record. The investments cover 20 GW of new capacity that will be built in the […]

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India is not Responsible for Climate Change That is Happening: Javadekar

Prakash Javadekar has said that India will raise its climate ambitions, but it is not responsible for climate change that is happening. Union Minister of Environment, Forest and Climate Change Prakash Javadekar while addressing the press after a meeting with French Foreign Minister Jean-Yves Le Drian at the French Embassy has said that India will raise its climate ambitions but […]

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At 0.88% of all Vehicle Registrations, EVs Record Their Highest Share in Indian Market

According to the CEEW-CEF, registrations for EVs accounted for 0.88% of all registrations in the last fiscal- the highest share ever achieved. According to the CEEW Centre for Energy Finance’s (CEEW-CEF) electric mobility dashboard, the e-mobility sector in India has been slowly pulling itself out of the COVID-19 induced slump recording nearly 1.35 lakh electric vehicle […]

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Syska to Participate in Carbon Finance Based Gram Ujala LED Scheme With CESL

Syska LED has won the tender by CESL to supply LEDs for homes in rural India based on carbon finance under the Gram Ujala scheme Syska LED has announced that it has won a uniquely structured tender by public sector entity Convergence Energy Services Limited (CESL) to supply LEDs for homes in rural India based […]

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New Zealand Makes World’s 1st Climate Change Law For Financial Firms

New Zealand is about to become the world’s first country to bring a law into force that demands environmental accountability from financial firms by asking them to report on how their businesses affect climate change. The aim is to bring the financial sector on board with the efforts being made towards achieving the country’s target […]

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IKEA’s First Investment in Russia’s Solar Projects Covers 160 MW

Ingka Group, the largest IKEA retailer, has announced that its investment arm, Ingka Investments, will fund 160 MW of solar projects, worth $272 million, in south-west Russia, so as to accelerate its investment in renewable energy. The Netherlands-based company has signed an agreement with Solar Systems, LLC, to acquire a 49% stake in its eight […]

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Talen Energy Forms JV with Pattern Energy to Grow Renewables Infrastructure Portfolio

Talen Energy Corporation (“Talen”) announced today that it has entered into a joint venture with Pattern Energy Group LP (“Pattern Energy”) named “PT Energy Transitions” to pursue the development, financing, construction and operation of approximately 1.4 Gigawatts of utility scale renewable energy projects over the next five years. PT Energy Transitions will benefit from the collective strengths of its […]

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