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renewable energy power

Companies Spend Just 6 Percent of CSR Fund on Clean Energy: Report

Key findings of the report showcase that while Corporate Social Responsibility (CSR) programmes in education, sanitation or skills and livelihood have seen a dramatic increase, while it remain low for clean energy and energy access. A report released by Samhita Social Ventures showcases that Indian companies are spending a mere 6 percent of their CSR […]

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Canadian Solar to Build 367 MW Solar Projects in Mexican Energy Auction

Canadian Solar will develop and build three projects, totaling 367 MW in Mexico’s third Long-term Auction for renewables held on Nov. 15 Canadian Solar Inc. has announced that it won 367 MW of solar power projects in Aguascalientes, Hermosillo and Obregón, Mexico, in the country’s third Long-term Auction for renewables held on Nov. 15. Canadian […]

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Investments in Renewable Energy Sector Could Hit $11T By 2040

India and China lead the development in renewable energy investments, accounting for almost 50 percent of new global capacity. Investments in renewable energy (RE) could climb to a cumulative $11 trillion by 2040, mostly in emerging markets, according to a study by the International Finance Corporation, a member of the World Bank Group. Major reforms […]

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Qatar to Adopt First Renewable Energy Strategy

Many government bodies in Qatar are cooperating to adopt the first renewable energy strategy to diversify energy sources and reduce harmful emissions. To cut carbon emission and diversify energy sources, Qatar has increased its efforts to adopt the first renewable energy strategy. Dr Mohammed bin Saleh Al Sada, Minister of Energy and Industry, speaking at […]

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Arctech Solar’s First African Solar Power Project Successfully Constructed

Arctech Solar is expecting a significant solar power yield increase from this project. It is also the first solar power tracker project in southern Namibia so far. The 6MWp solar power plant in Namibia, built by the PowerChina Guizhou Engineering Company, was successfully constructed and is expected to be commissioned and grid connected by the […]

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Sudden Imposition of Anti Dumping Duty Can Disrupt Ongoing Solar Projects, Renewable Ministry Cautions

MNRE notification has cautioned Directorate General of Anti Dumping against imposing high solar duties Ministry of New and Renewable Energy (MNRE) has cautioned anti dumping authorities against imposing high duties on imported solar equipment on the grounds that this can increase tariffs, make several projects unviable and seriously hamper the growth of the sector. According […]

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TechnipFMC Installs Solar Power System at School in Tamil Nadu

TechnipFMC in India would install solar power system of 6 kW under CSR program ‘Seed of Hope’ With an aim to generate electricity from renewable energy sources, UK-based Company TechnipFMC has taken up a CSR initiative to install a solar power system at a school in Tamil Nadu. TechnipFMC in India would install solar power […]

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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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