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US Department of Energy

Two Bangladeshi Companies Wins $1 Million For Developing Platform For Household Solar System Users

A minimum of 100 smart grids serving as many as 15,000 people with the help of the granted funds. Two Bangladeshi firms Grameen Shakti and ME SOLshare were recognized for their project with $ 1 Million by UN linked funds, the project allows villagers to access more solar power and boosts entrepreneurship. The platform helps solar system […]

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Air-breathing Battery Could Cut Costs of Renewable Energy Storage

Solar power and wind are increasingly popular sources for renewable energy. But intermittency issues keep them from connecting widely to the U.S. grid: They require energy-storage systems that, at the cheapest, run about $100 per kilowatt hour and function only in certain locations. Now MIT researchers have developed an “air-breathing” battery that could store electricity […]

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India-World Bank Ink $100 Million Loan Agreement For Clean Energy

The solar parks will be mostly under the Ministry of New and Renewable Energy’s (MNRE) Solar Park Scheme. In a significant development, India and the World Bank have signed a $100 million loan and a grant agreement to help the country increase power generation capacity through cleaner, renewable energy sources. In a statement the World […]

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Elgin Energy Seeking Permission to Build a 100-Acre Solar Photovoltaic (PV) Park in Kilkenny

The project will also eliminate 300,000 tonnes of carbon dioxide emissions in its whole operation lifespan of 30 years. In a slew of proposal applications to develop solar park, Elgin Energy’s application to build a huge 100-acre solar photovoltaic (PV) park in UK’s Kilkenny. The high inflow of applications has been considered as the major […]

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USAID Announces 6.3 Million Dollars in Awards to Bolster Sub-Saharan Africa’s Off Grid Energy Sector

USAID has floated fund to provide capital to companies engaged in household solar-systems and micro-grids to expand operations. The United States Agency for International Development (USAID) awards 6.3 million dollars to facilitate in advancing off-grid energy solutions in sub-Saharan Africa. USAID has also announced several new awards at the Unlocking Solar Capital:  Africa Conference in […]

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Tata Power Delhi Distribution and GIZ Sign MoU for Renewable Energy

The Memorandum of Understanding includes Tata Power and GIZ to work jointly for the achievement of common goals and utility objectives related to promotion of grid-connected solar rooftop PV, energy storage system, electric vehicle and smart grid initiatives. Tata Power Delhi Distribution, India’s leading power distribution company and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) have […]

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ENACT Systems with Everest Industries Launches Solar Project Management Solution In India

ENACT’s software platform automates sales proposals, design, financing, installation and asset management for commercial and residential solar projects, improving workflow efficiency, reducing cost and helping scale new energy businesses. ENACT Systems, one of the leading enterprise software platform for solar projects in the US market has launched its offering for the Indian solar market. ENACT’s […]

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ADB Expands Clean Energy Project in India with AIIB Co-financing

The ADB financing comprised a $500 million government-backed loan and a further $500 million in non-sovereign lending to India’s national transmission company, Power Grid Corporation of India Limited (POWERGRID). The Asian Development Bank (ADB) has agreed to finance additional power transmission network components with co-financing from the Asian Infrastructure Investment Bank (AIIB) that will connect […]

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