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UN Fund GCF Removes Veto Power Over Climate Projects

UN’s Green Climate Fund changed its rules at the latest meeting where it announced US$267 million towards United Nations Development Programme (UNDP) supported countries. The United Nations’ Green Climate Fund has changed its rules so no single country can block finance, as recently it happened when the US intervened in a Chinese bid. The decision […]

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EDPR Secures PPA for 126 MW Wind Farm in Brazil

EDPR has secured a 20-year PPA, to sell the energy to be produced by Monte Verde VI and Boqueirão I-II wind farms in Brazil. EDP Renováveis (EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, through its subsidiary EDP Renováveis Brasil, S.A., has secured a 20-year […]

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Investing in More Resilient Infrastructure Can Save $4.2 Trillion: World Bank

Investing in a more resilient and sustainable infrastructure in low- and middle-income countries can have four times the benefit for each dollar spent, says World Bank & GFDRR The net benefit on average of investing in more resilient infrastructure in low- and middle-income countries would be $4.2 trillion with $4 in benefit for each $1 […]

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Total Eren Begins Work on 128 MW Solar Projects in Kazakhstan

Total Eren has announced the beginning of construction of two solar PV projects in Kazakhstan totalling a capacity of 128 MW. Total Eren, a leading renewable energy Independent Power Producer (IPP) based in Paris, has announced that it has begun the construction of two solar PV projects in Kazakhstan totalling a capacity of 128 MW. […]

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Union Budget 2019: A Mixed Bag for the Solar Industry

As expected from Modi Government 2.0, India’s first full-time woman Finance Minister Nirmala Sitharaman had few eggs in her basket for the renewables sector. Here’s how the key stakeholders of the solar industry, including policymakers, think tanks, leading private players have reacted to the government’s Budget for FY19-20: After the budget, Power Minister R. K. […]

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Budget 2019: Solar Industry Seeks Quick Reforms from Modi 2.0

When the Narendra Modi-led National Democratic Alliance government was voted back to power in a landslide victory in the recently concluded general polls, expectations of the corporate world and especially from the renewable industry grew mile high from the Union Budget 2019 which will be presented on 5th July. Now with the continuation of the […]

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Hanergy Bags 400 MW Solar Project in DR Congo

Hanergy has announced a strategic order for setting up a 400 MW solar power plants in Congo, the country’s first and largest solar power plant project, yet. Hanergy Thin Film Power Group has announced that it has secured a strategic order for setting up a 400 Megawatt (MW) solar photovoltaic power plants in the Democratic […]

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Kerala Begins Groundwork for Ambitious EV Policy

After announcing its EV policy late last year, the Kerala government has started to take steps in the direction to make the plan a reality. Kerala Chief Minister Pinarayi Vijayan at the inauguration of a two-day event ‘Evolve: Kerala mobility conference and expo’ announced not only rolling out electric vehicles but under the EV policy […]

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Onshore Wind O&M Market in China to hit $5 Billion by 2029

The onshore wind operation and maintenance (O&M) market in China has been predicted to surpass a total of $5 billion over the next 10 years. According to new research, the onshore wind operation and maintenance (O&M) market in China is expected to total US$5 billion over the next 10 years.  According to consultancy firm Wood Mackenzie […]

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