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IFC, EBRD, and EU to Support First Solar Project in Armenia

IFC, EBRD and the EU have signed on to support the development of the first utility-scale solar power plant in Armenia, the 55 MW Masrik Solar Project. The International Finance Corporation (IFC), a member of the World Bank Group, the European Bank for Reconstruction and Development (EBRD), and the European Union (EU) have signed on to […]

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AIIB Grants $60 Mn Loan for 500 MW Solar Project in Oman

AIIB has approved a USD 60 million loan to increase the renewable power generation capacity in Oman by financing a 500 MW solar PV project in the country The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a USD 60 million loan to increase the renewable power generation capacity in Oman to help […]

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India has Offshore Wind Potential of 67 GW off the Coast of Tamil Nadu, Gujarat

Approximately 36 GW offshore wind power potential exists off the coast of Gujarat and 31 GW off the coast of Tamil Nadu, MNRE Minister RK Singh has said Based on the preliminary studies carried out by the National Institute of Wind Energy (NIWE) in collaboration with various multilateral agencies, the Government has identified eight zones […]

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India’s Reservoirs Can Generate 280 GW Power via Floating Solar: TERI

India’s reservoirs have 18,000 sq. km of area with the potential to generate 280 GW of solar power through floating solar photovoltaics (FSPVs) plants, according to a new study by The Energy and Resources Institute (TERI), an energy and environment think tank. TERI’s new report titled ‘Floating Solar Photovoltaic (FSPV): A Third Pillar to Solar […]

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US DOE Announces $297 Mn for Sustainable Transportation Research

The US DOE has announced an investment of USD 297 million in funding for research and development of sustainable transportation technologies. The US Department of Energy (DOE), has announced the investment of USD 297 million in funding for research and development of sustainable transportation resources and technologies.  The investment, split up between three, separate funding […]

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BP Increases Stake in Lightsource BP to Form a 50:50 JV

The management of Lightsource BP and BP have agreed to equalise their shareholdings in Lightsource BP to create a simplified 50:50 JV structure The management of Lightsource BP and BP have agreed to equalise their shareholdings in Lightsource BP to create a simplified 50:50 joint venture (JV) structure. As part of the transaction, BP will purchase newly-issued equity […]

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The smarter E India to Organise its 11th Edition Next Week

The smarter E India will be celebrating its 11th edition by next week from November 27 -29, 2019 in Bengaluru. With three parallel energy exhibitions, ‘The smarter E India’ is the country’s innovation hub for the new energy world. It presents cross-sector energy solutions and technologies and reflects the interaction of the solar, energy storage […]

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65 GW of European Onshore Turbines Need Upgrade or Replacement by 2028

A new report has revealed that 65 GW of European onshore wind turbines will reach end-of-design-life by 2028 and will be needing upgrades or replacement A new report has revealed that 65 GW of European onshore wind turbines will reach end-of-design-life by 2028. From 2019 to 2028, an average of 4 GW of turbines per […]

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World’s Largest Individual Solar Project Now Operational in Abu Dhabi

EWEC has started operation of the 1.18 GW Noor Abu Dhabi solar project, the largest individual solar power project in the world. The world’s largest single solar plant, Noor Abu Dhabi, with a production capacity of nearly 1,177 MW commences commercial operation – a major milestone for the future of #sustainablenergy pic.twitter.com/HHVMyaMXYY — المكتب الإعلامي لحكومة أبوظبي […]

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