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Sustainable Debt Issuance Records 78% Growth to $465 bn in 2019: BNEF

A new record was set in 2019 for the volume of sustainable debt issued globally in any one year, with the total hitting USD 465 billion globally A new record was set in 2019 for the volume of sustainable debt issued globally in any one year, with the total hitting USD 465 billion globally, up […]

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Govt Releases State Energy Efficiency Index 2019

With an aim to track the progress of energy efficiency initiatives in thirty six states and union territories based on ninety seven significant indicators, the Bureau of Energy Efficiency (BEE) under the Ministry of Power on Friday released the ‘State Energy Efficiency Index 2019’. The index was launched by RK Singh, Minister of State (Independent Charge) […]

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NTPC Tenders for 870 kW Rooftop Solar PV Plant

NTPC Ltd. has issued a tender for the supply and erection of an 870 kW rooftop solar PV power plant at the firm’s TG Hall at NTPC Vindhyachal St-II. NTPC Ltd. has issued a tender for the supply and erection of an 870 kW rooftop solar PV power plant at the firm’s TG Hall at […]

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Mercedes-Benz & Geely Holding JV to Develop Premium EVs

Mercedes-Benz & Geely have established their global JV “smart Automobile” with the aim to transform it into a leading player in premium-and intelligent EVs. Mercedes-Benz AG and Zhejiang Geely Holding Group, the German and Chinese automotive groups, have announced that they have formally established the global joint venture (JV) “smart Automobile Co., Ltd.” for the […]

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Solar Installations to Grow by 142 GW in 2020, 14 GW in India: Report

According to a new report global annual solar installations in 2020 will reach 142 gigawatts (GW), recording a 14 percent rise over the previous year. Global solar installations will continue double-digit growth rates into the new decade, according to the new “2020 Global Photovoltaic (PV) Demand Forecast” by IHS Markit. New annual installations in 2020 […]

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RWE Renewables Brings 100 MW Solar Project Online in Texas

RWE Renewables has announced that it has achieved commercial operation on its 100 MW West of the Pecos solar project, located in Texas RWE Renewables has announced that it has achieved commercial operation on its West of the Pecos solar project, located in Reeves County, Texas, approximately 75 miles southwest of Midland-Odessa. The project is […]

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Vestas Announces Target to Become Carbon Neutral by 2030

Vestas has worked with customers to reduce greenhouse gas emissions and now it plans to be a carbon-neutral company by no later than 2030 For Vestas, the reality of the climate crisis is at the centre of its business. In more than 40 years of pioneering and leading the wind energy industry, it has worked […]

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Sunnova Closes $150 mn in Financing to Fund Growth

Sunnova Energy has closed an aggregate USD 150 million in financing with an aim to fund its continued growth in customer count and battery storage sales Sunnova Energy International has announced that it has closed an aggregate USD 150 million in financing through an approximately USD 95 million revolving asset-based loan facility and a private […]

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Can Surplus Renewables Production in West Rajasthan Build A Big Battery?

Back in 2017, when Tesla set out to make the 129 MW lithium ion based battery installation in Australia at the Hornsdale Wind Farm, many people scoffed at its usefulness. However, it proved its role as a load balancer to stabilize the grid in case of sudden drops in power generation elsewhere. So much so […]

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