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FMO Grants Rs 208 Cr to Srei Equipment For Refinancing Green Projects

Srei Equipment has received credit approval for Rs 208 crore from FMO. The industry leader in construction and mining equipment financing, Srei Equipment Finance Limited, a wholly-owned subsidiary of Srei Infrastructure Finance Limited has received credit approval for USD 30 million (Rs 208 crore) from FMO, a Netherlands based Development Finance Bank. According to Srei, […]

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Rooftop Solar Systems to Save NMRC Over Rs 4 Cr Annually

NMRC is in the process of installing rooftop solar panels at its all its stations to offset its power consumption by generating solar power. The Noida Metro Rail Corporation (NMRC), which launched its 21-station network in January this year, is in the process of installing rooftop solar panels at its all its stations and depot […]

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Inability to Forecast is not the Disability of Regulation

With openly accessible documents/regulations/ on Deviation Settlement Mechanism (DSM), due to forecasting and scheduling (F&S) of wind and solar power generation at different SLDCs like Punjab, Haryana, U.P., A.P., Telangana, Tamil Nadu, Rajasthan, Madhya Pradesh, Chhattisgarh, Gujarat (Mock-trial), it is surely that the forecasting of the variable generation is under litmus-test. The F&S of solar […]

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UNDP and IRENA to Accelerate Low-Carbon Energy Transition

UNDP and IRENA announced a global partnership to accelerate the low-carbon energy transition. The United Nations Development Programme (UNDP) and the International Renewable Energy Agency (IRENA) have announced a global partnership to accelerate the low-carbon energy transition and offer concrete steps to achieve sustainable development.  Under the cooperation, the organizations will explore joint initiatives aimed […]

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LONGi Ranked Most Financially Stable PV Manufacturer by BNEF

LONGi Solar has topped the BNEF Altman-Z score chart for solar module manufacturers for the first time. Chinese solar PV major, LONGi Solar has topped the Bloomberg New Energy Finance (BNEF) Altman-Z score chart for solar module manufacturers for the first time – and with a highly increased score. The Altman-Z ratio measures a company’s […]

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Climate Financing By MDB’s Hit Record High of $43.1 Bn in 2018

A new report has revealed that climate financing by the world’s largest MDBs in developing economies rose to an all-time high of $43.1 billion in 2018 A new report has revealed that the climate financing by the world’s largest multilateral development banks (MDBs) in developing countries and emerging economies rose to an all-time high of […]

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Vattenfall Issues its First Green Bond Worth EUR 500 Mn

In line with the company’s investments in fossil-free energy and climate-smart solutions, Vattenfall has for the first time issued a green bond. In line with the company’s investments in fossil-free energy and climate-smart solutions, Vattenfall has for the first time issued a green bond. The size of the bond issue is EUR 500 million, with […]

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APGENCO Floats Tender For 10 MW Solar-Wind Hybrid Project

APGENCO has issued tender for setting up of a 10 MW solar wind hybrid project in Andhra Pradesh. The Andhra Pradesh Power Generation Corporation (APGENCO) has issued tender for setting up of a 10 MW solar wind hybrid project at Ramagiri in Andhra Pradesh. The full scope of the tender includes the supply of electricity […]

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