SUBSCRIBE NEWS LETTER

energy resources

UK Government Gives £100 million for Renewable Energy Projects in Africa

The new investment triples funds for the Renewable Energy Performance Platform (REPP), to support up to 40 more renewable energy projects over the next 5 years UK Government has earmarked a fund of £100 million for the development of renewable energy projects in Africa. The new investment triples funds for the Renewable Energy Performance Platform […]

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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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Solar Energy Corporation to Issue Tenders of 4000 MW in Nov-Feb Period

The proposal however, will not guarantee India meeting its solar energy target under the national solar mission In order to fast-track the energy output from solar energy, government has instructed the Solar Energy Corporation of India (SECI) to issues tenders for 4000 MW of solar energy by the month of February 2019. The proposal however, […]

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ENGIE Acquires 90% Stake in Simpa Energy India

ENGIE has acquired 90 percent stake in Simpa Energy India French clean energy giant ENGIE has acquired a controlling stake in Simpa Energy India Pvt Ltd the company announced. The move is set to expand ENGIE’s geographical footprint and accelerate the company’s growth. ENGIE has acquired 90 percent stake in Simpa Energy India from its […]

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INSPIRE 2018 Concludes After Three Days of Insightful Deliberations; Showcased Four Unique & Innovative Solutions for Energy Efficient India

The three-day International Symposium to Promote Innovation & Research in Energy Efficiency (INSPIRE 2018) concluded in New Delhi, today. Organised by Energy Efficiency Services Limited (EESL), a joint-venture of PSUs under the Ministry of Power, Government of India, and the World Bank, the third edition of INSPIRE witnessed participation from over 300 experts and delegates […]

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EESL & World Bank to Organise INSPIRE 2018 for Promoting Innovation in Energy Efficiency

Energy Efficiency Services Limited (EESL), a joint-venture of PSUs under the Ministry of Power, Government of India, and the World Bank are organising the third edition of the three-day International Symposium to Promote Innovation & Research in Energy Efficiency (INSPIRE-2018) from 11th to 13th November in New Delhi. The three-day conference will be held in collaboration with […]

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CMI Inaugurates MiRIS: Europe’s Largest Industrial Energy Storage Pilot Plant

MiRIS Project investigates energy storage, PV, and microgrid integration and optimization CMI Energy’s MiRIS project will be integrated with the CMI Group’s headquarters complex to allow its engineers to perform detailed analysis of renewable integration with energy storage CMI Energy, part of CMI Group, will be inaugurating Europe’s largest industrial energy storage facility on October 26, […]

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Egypt Could Meet Over 50% Electricity Demand via Renewable Energy: IRENA

The Egypt Renewable Energy Outlook report finds that pursuing higher shares of renewable energy could reduce the country’s energy bill by up to USD 900 million annually in 2030. Egypt has the potential to generate up to 53 per cent of its electricity from renewable sources by 2030, according to a new report by the International Renewable Energy Agency (IRENA). The Egypt Renewable Energy Outlook report finds that pursuing higher shares […]

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AFRICA: World Bank invests in batteries to boost solar energy

The World Bank has decided to invest $1 billion for energy storage in Africa. The objective is to support the production of batteries to stimulate the production of solar energy. Africa is increasingly relying on solar energy to increase the rate of access to electricity for its population. Intermittence is the main disadvantage of the […]

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