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Sacramento Airport Opens New Solar Energy Facility in California

The solar project utilises more than 23,000 LG solar panels mounted on NEXTracker racking that tracks the sun from east to west over the course of the day, thereby maximising efficiency and energy generation Sacramento International Airport has formally opened a new solar energy facility which is likely to generate more than 30 percent of […]

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Europe Moves to Grow Green Economy at Paris Climate Meeting

European leaders in Paris called for a sector-by-sector approach to investments that makes good use of the single market in the European Union. Commemorating the Paris climate agreement, European leaders said they are committed to establishing the bloc as the destination for green development. European and international delegates are in Paris for a series of […]

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INDIA Marches Ahead

As 2017 comes to an end, it is worth taking a holistic look at the Indian solar market to analyze key trends, challenges and outlook. By many accounts, the Indian solar power industry is on a roll. According to a report released by consulting firm Bridge to India, India is expected to reach an installed […]

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Solar Business: Greenlight Planet Raises $60 Million led by Apis Partners

Greenlight Planet will use the new debt and equity capital to expand its solar-energy product lines, distribution networks, and financing capabilities in Africa and Asia Renewable energy firm Greenlight Planet Inc has raised $60 million in a funding round led by London-based private equity fund manager Apis Partners. The debt and equity round, which was […]

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World Bank’s IFC Funds CleanMax Solar with $15 Million

IFC also invested $125 million in Hero Future Energies, Hero Group’s renewable arm against an undisclosed equity stake. A senior executive from rooftop solar company CleanMax Solar has announced that the firm which is currently backed by American private equity giant Warburg Pincus has recently secured $15 million of funding against equity capital from International […]

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ADB Grants 44.76 Million Dollars Loan to Develop Solar Power Plant in Afghanistan

The new on-grid solar power generation project will not only provide access to a clean and reliable power supply, but also demonstrate the viability of future renewable energy investments through public-private partnerships. The Asian Development Bank (ADB) has approved a $44.76 million grant to develop Afghanistan’s first 20 megawatts on-grid solar power plant and boost […]

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Solar Rooftops to Cater 90 Percent Power To Chennai Corp Buildings

By installing these solar panels, it is assumed that 90 percent of the power needs of the corporation buildings will be met through this project. In a bid to swerve towards clean energy from non-renewable energy, the Greater Chennai Corporation is all set to install solar panels in 1,378 Chennai corporation owned buildings. According to […]

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International Solar Alliance Energizing Future

India’s brainchild, the International Solar Alliance celebrated its inception this November, and looks ahead to become a legal entity on 6th December 2017. An Indian initiative to forge a global coalition to harness solar energy, International Solar Alliance was launched at the CoP21 Climate Conference by Prime Minister Narendra Modi and the then French President Francois […]

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Espy of Solar Sector 2017

The substratum of achieving massive solar power goals is developing a new cult for India. Not just the arid but the meadows are equally sharing rich and low vegetative lands to meet the power demand of this growing economy. It’s well said that when you change the controversy, challenge seem to be a submerged destiny. […]

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