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NEPCO Gets $265 Mn EBRD Loan to Bolster Jordan’s Renewable Energy

The loan will strengthen NEPCO’s balance sheet through refinancing of existing short-term debt and will fund vitally needed investments to enhance the capability of the grid to absorb and manage renewable power. Multilateral developmental investment lender European Bank for Reconstruction and Development (EBRD) will provide a USD 265 million loan to Jordan’s National Electric Power […]

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EBRD to Pump €15 Mn for Green Infrastructure in Romania’s Craiova

The move will benefit around three lakh people of the city. The European Bank for Reconstruction and Development (EBRD) will be providing €15 million long-term loan to pump key urban projects in Craiova city of Romania. The move will benefit around three lakh people of the city. The Bank will finance the rehabilitation of 14 public buildings […]

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Power Cable Alliance Launched to Advocate Need for Quality Electrical Infrastructure in India

Today, India witnessed the start of a movement for quality infrastructure with the launch of Power Cable Alliance (PCA). Two Copper Rod Manufacturers, Eight Indian leading Power Cable manufacturers & One International Power Cable entity – have come together to form PCA. PCA is an association of organizations and individuals which will work together to […]

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West Bengal Issues Tender for Two MW Rooftop Project

The tender will also include five years warranty and comprehensive maintenance in residential, institutional, and social sector on turnkey basis. Pushing for solar rooftops in the state, the West Bengal Renewable Energy Development Agency has issued a tender for 2MW of grid-connected solar-rooftop projects to be developed. The tender will also include five (5) years […]

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Rooftop Solar: Democratising Power Generation – One Roof at a Time

Rooftop solar was the fastest-growing segment within India’s renewable energy sector last year, but it is still not growing fast enough. Capacity adwdition in rooftop solar stood at around 870 megawatt (MW) in 2017, a far cry from the ambitious target of 5,000 MW for FY 2017-18. As of December 2017, cumulative rooftop solar installed […]

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EV Motors India Launches its First EV Charging Station ‘PlugNgo’

PlugNgo will further develop 6500 charging outlets each with multiple charging stations over the course of next 5 years with a total estimated cost of about $200 million. In a major push for EV charging infrastructure, electric vehicles start-up EV Motors India inked pact with DLF, Delta Electronics India and ABB India to launch its […]

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Instruments to Accelerate the Advent of Energy Storage in India

With all the buzz going around energy storage these days, very often than not it is claimed to be the holy grail of renewable energy. Owing to the intermittency and unpredictability in solar and wind generation, high degree of flexibility in Loads and Sources is needed by the electricity grid for absorbing renewable energy beyond […]

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GoI, ADB Lend $300 Mn via IIFCL to Fund Projects Including Renewables

ADB funding is expected to fund at least 13 sub-projects through IIFCL, involving roads and renewable power generation, under the last tranche, says Kenichi Yokoyama. The Government of India (GoI) and Asian Development Bank (ADB) signed a USD 300 million loan agreement to support lending by India Infrastructure Finance Company (IIFCL). The Ministry of Finance […]

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Adapt or Die – Can Renewables Save the Planet, or Is It Too Late?

Since the recently held Global Climate Action Summit where global leaders debated the practicalities of taking the climate change battle to the next level, media sources the world over have all been reporting the same thing: if global warming is not kept in check, there will be dangerous environmental and socio economical consequences. The BBC headlined with […]

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