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Off-Grid Solutions Provider SolarHome Raises $1 Mn Follow-On Equity

Singapore-based off-grid solutions provider, SolarHome has announced that it has secured an additional $1 million in equity funding as part of its series A round. The startup which is working on providing off-grid solar solutions to households in Myanmar on a Pay-As-You-Go (PAYG) model has secured the funding from its existing investor Trirec. TRIREC an […]

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Solar Power Capacity in U.S. Cities Has Doubled in the Last 6 Years: Report

Solar energy capacity more than doubled in 45 of America’s 57 largest cities over the last six years according to a new study. Over the past six years, solar energy capacity more than doubled in 45 of America’s 57 largest cities, according to a new study released by the Environment America Research & Policy Center. […]

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Azure Power Commissions 150 MW Solar Plant in Rajasthan

Azure Power, one of India’s leading solar power producers has commissioned a 150 MW solar power plant in Bhadla solar park in Rajasthan. The plant is a part or the first phase of 200 MW capacity that was allocated to the company by the Solar Energy Corporation of India (SECI). As per the  Power Purchase agreement that […]

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EBRD and GCF Provide $16.7 Mn For Kazakh Solar PV Plant

The European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF) have together provided $16.7 million as a loan to support the development of a new 30 MW solar PV power plant in Zhangiz-tobe in Kazakhstan. Stepping up its efforts to support renewables in the country, EBRD signed the financing agreement with China’s […]

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India Likely to Install 54.7 GW of New Wind Capacity by 2022: Report

Delays to the implementation of tendered projects and more muted interest in new auctions will present a substantial hurdle to fulfilling these envisioned expansion plans. India is likely to install 54.7 GW of wind capacity by 2022 against the 60-GW target set by the government, a new report has revealed. According to the latest Fitch […]

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REC Sales Drop Again, Down 65% in April to 3.68 Lakh

Sales of renewable energy certificates dropped by about 65 percent to 3.68 lakh units in April as compared to 10.62 lakh in the same month last year. Sales of renewable energy certificates dropped by about 65 percent to 3.68 lakh units in April as compared to 10.62 lakh in the same month last year due […]

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World Bank’s New Program to Accelerate Sustainable Cooling in Developing Countries

The program will provide technical assistance to ensure that efficient cooling is included in new World Bank Group investment projects and mobilize further financing. The World Bank has announced a new program to accelerate the uptake of sustainable cooling solutions, including air conditioning, refrigeration and cold chain in developing countries. The program will provide technical […]

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NTPC Floats Tender For O&M of 10 MW Solar Plant at Unchahar Facility

The last date for bid submissions is May 10, 2019. NTPC Ltd. has issued a tender, seeking bids from eligible companies to provide Operation and Maintenance (O&M) services for its 10 MW solar PV power plant under operation at its Unchahar facility in Uttar Pradesh. The scope of work for the selected bidders will include […]

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Caffeine Improves Performance of Perovskite Solar Cells

A team of scientists at the University of California, Los Angeles have discovered that caffeine can be a promising alternative to make traditional solar cells more efficient at converting light to electricity. The latest research which began as a cafeteria joke over morning coffee led to this unusual solution. “One day, as we were discussing […]

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