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Zouk Capital Invest in Italian e-Mobility Firm BE Power

UK-based infrastructure and private equity investor, Zouk Capital, recently announced that it had invested in BE Power, a subsidiary of Building Energy (BE), marking the entry of the UK fund into the Italian electric mobility market. Zouk Capital has acquired a majority stake in BE Power through a capital increase. The funding will allow BE […]

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Kimberly-Clarks Turns On Rooftop Solar Plant at Tuas Facility

The plant, which has been developed using 7,730 photovoltaic panels mounted on its roof will generate 3.5 Gigawatt-Hours (GWh) of clean energy, enough to power up a thousand 3-bedroom HDB flats for a year. American multinational personal care corporation, Kimberly-Clark has announced the commissioning of its solar installation at its manufacturing facility in Tuas, Singapore. […]

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Artificial Photosynthesis Can Bring Green Tech Closer to Solar Energy Storage

Chemists at the University of Illinois have successfully produced fuels using water, carbon dioxide and visible light through artificial photosynthesis. By converting carbon dioxide into more complex molecules like propane, green energy technology is now one step closer to using excess CO2 to store solar energy – in the form of chemical bonds – for […]

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Microsoft Signs Purchase Agreement For 90 MW Wind Power with Eneco

Microsoft Corp. has announced a new wind energy agreement in the Netherlands. Microsoft will purchase 90 MW from the massive 731.5 MW offshore wind project, Borssele III/IV, from Dutch sustainable energy company and wind farm developer Eneco. Eneco will provide Microsoft’s datacenters with green power for 15 years starting in 2022. This is Microsoft’s second purchase of wind […]

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JSERC Approves PPA For Procurement of 10 MW Solar Power

The state commission of Jharkhand has approved a PPA signed between JBVNL and SECI, subject to approval by the CERC. The Jharkhand State Electricity Regulatory Commission (JSERC) acting on a petition filed by the Jharkhand Bijli Vitran Nigam Limited (JBVNL) has approved the Power Purchase Agreement (PPA) for procurement of 10 MW solar power. JBVNL had […]

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Kerala Commission Orders State Discom to Clarify PPA Arrangements For Wind Project

The Commission noted that both the parties need to arrive at a consensus for getting the approval of the PPA to be entered, and regarding the tariff, commercial operation date. The Kerala State Electricity Regulatory Commission (KSERC) recently held a hearing for a petition filed by Kosamattam Finance Ltd. (KFL) regarding the project tariff period, […]

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NISE Offering Programme on Prospects For Startups in Solar Sector

The programme will be held from June 10, 2019, to June 14, 2019, at the NISE campus and seats will be allotted on a first come first serve basis. The National Institute of Solar Energy (NISE), an autonomous institute under the Ministry of New and Renewable Energy (MNRE), in line with the Startup India Initiative […]

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Maharashtra Discom Warned Over Late Payment to Wind Developers

If MSEDCL deviates from its commitment to Petitioners to clear the dues within the time limit, penal interest will accrue thereafter at 1.25% per month on any Late Payment Surcharge/Delayed Payment Charge. The Maharashtra Electricity Regulatory Commission (MERC) has cautioned state Discom Maharashtra State Electricity Distribution Corporation Ltd. (MSEDCL) over the delay in making payments […]

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