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BYD Wins the Largest Pure-Electric Bus Order outside of China

Electronics, automobiles, new energy, and rail transit hi-tech company, BYD has announced that it has won cumulative orders to supply 1,002-unit pure-electric buses (E-buses) to the capital of Colombia, Bogotá. This is the largest order for pure-electric buses outside of China the firm has received to date, which sets a new record in sales volume […]

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Neglecting Renewables Could Cost Indonesia’s Energy Edge: IEEFA

No country is immune to the rapid disruption occurring in the global energy sector. New technological innovations in both supply and demand have changed the technical versus economic discourse. Renewables are now cheaper than any fossil fuel in most parts of the world. And Indonesia’s no exception to this transition as per IEEFA. The sharp […]

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Grenergy Renovables S.A. and Natixis Close Solar PV Portfolio Financing in Chile

Grenergy Renovables S.A. (“Grenergy”), with Natixis as Sole Lead Arranger, Hedge Provider, LC Issuing Bank and Administrative Agent, have successfully closed senior secured facilities totaling US $91 million for an expected 130 MWp portfolio of 14 solar photovoltaic (“PV”) plants in Chile. This marks Natixis’ first transaction with Grenergy and was fully underwritten by Natixis. The Grenergy portfolio […]

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cKers Finance Ties Up with OTO Capital, Promoting E2Ws in India

cKers Finance, a ‘sustainable energy finance firm” yesterday announced its debt financing tie-up with OTO Capital, a finance startup for two-wheelers, for its electric two-wheelers (E2Ws) leasing program in India. cKers has set-up an initial line of INR 30 million for OTO. OTO will use this facility to purchase E2Ws in India, which will then be […]

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Savosolar Signs Delivery Contract for a Solar Thermal System in France

Savosolar signs delivery contract for a solar thermal system to AbSOLAR in Cadaujac, France Savosolar has signed a delivery contract with AbSOLAR SAS valued at approximately c. EUR 300 thousand for a solar thermal plant delivery in Cadaujac, France. Delivery of this plant will happen during the first half of 2021. Savosolar informed on April […]

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ReneSola Power Announces Sale of 12.3 MW of Projects in Hungary

ReneSola Ltd, a leading fully integrated solar project developer, today announced that it entered into an agreement to sell a portfolio of projects located in Hungary to Obton, a leading international solar investment company headquartered in Aarhus, Denmark. The portfolio comprises 20 solar plants in five locations, including Sárbogárd, Kömlöd, Szajol, Lukacshaza, and Törökszentmiklós, with a combined capacity […]

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India’s Solar Manufacturing- A Tale of failed Government Initiatives

India’s solar manufacturing prowess, or lack of it, has been a regular cause for concern ever since the country started powering forward in capacity additions from 2016 onwards. A new report from IEEFA and JMK Analytics puts the spotlight on the sector, especially on its failure to ramp up even as demand went up domestically. […]

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Javadekar: India the Only Country Keeping Commitments on Climate Change

Union environment minister Prakash Javadekar has said that he believes that only India is keeping its commitments on climate change Union environment minister Prakash Javadekar has said that he believes that only India is keeping its commitments on climate change, despite accounting for only six to seven percent of total carbon emissions in the world. Speaking at a […]

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Blown: How India Lost The Solar Rooftop Battle

Back in 2015, when India declared its renewable energy target of 175GW for 2022, with 100 GW as the share of solar power, the euphoria over the sheer ambition papered over a lot of questions. For not only was this target truly ambitious, but to many, it finally declared the government’s resolve to break away […]

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