Clean Energy

Evolution II Fund Reaches Final Close at $216 Million

Inspired Evolution has secured additional commitments, to reach total capital commitments of USD 216 million at the final closing of its Evolution II Fund. Investment management business, Inspired Evolution has secured a further USD 87.75 million in commitments from CDC Group, Cyane Holdings, the European Investment Bank, KLP Norfund Investments, Morgan Stanley Alternative Investment Partners […]

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UN HQ Gets Solar Panels as Goodwill Gift From India

The UN Building in New York will now be powered by solar panels, given as a goodwill gesture by India to promote clean and renewable energy The UN Head Quarters and office in the New York will now be powered by Solar Panels. These installed panels on the roof of the building are a gift […]

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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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Interview: Govt Can Create Better Awareness for Promotion of Energy Efficiency

The government could go one step further and create better awareness by highlighting various technologies that aid in improving energy efficiency in industries and buildings. In addition, the success of Bureau of Energy Efficiency’s Perform-Achieve-Trade (PAT) scheme can also be scaled up to other sectors at faster rate than is happening today. These coordinated activities […]

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Canadian Solar Signs O&M Agreement for 300 MW Solar Plant in Australia

Canadian Solar has signed O&M agreement with Gannawarra, Hayman and Daydream Solar Farm for three solar plants totaling 300 MW in Australia China-based Canadian Solar, one of the leading global solar power companies, has announced that it has signed an Operation and Maintenance (O&M) agreement with Gannawarra Solar Farm Pty Ltd, Hayman Solar Farm Pty […]

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Atlas Renewable Energy Begins Operation of 156 MW Solar Plant in Brazil

Atlas Renewable Energy has announced that its largest project in Brazil, the 156 MW Juazeiro Solar Plant, is now fully operational. Atlas Renewable Energy, a leader in clean energy across Latin America, has announced that its largest project in Brazil, the 156 MW Juazeiro Solar Plant, is now fully operational. The plant has an installed capacity of 156 […]

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Payment Dues to RE Firms Climbs to Rs 6872 Crore

A new report has revealed that power Discoms across the country owe close to Rs 6872 crore to RE developers in payment dues A new report has revealed that the power distribution companies (Discoms) across the country owe close to Rs 6872 crore to renewable energy developers in payment dues up to August 16, 2019. […]

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MNRE Issues Guidelines for Phase-II of 40 GW Rooftop Solar Programme

MNRE has issued the implementation guidelines for the second phase of the 40 GW Rooftop Solar Programme, with the focus this time on Discoms for better execution The Government of India (MNRE) has set the target of achieving 100 GW of solar power capacity in the country by the year 2022 of which 40 GW […]

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Gujarat Issues Tender for Solar Projects Worth 1 MW at Tourist Locations

The Tourist Corporation of Gujarat has issued a tender for setting up of on-grid solar systems, solar parking lots, and off-grid solar benches at various smart tourist locations in the state. The Tourist Corporation of Gujarat Ltd. (TCGL) has issued a tender, inviting bids from eligible parties for setting up of on-grid solar systems, solar […]

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