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India to be Electricity-Based Economy Eventually: RK Singh

Power Minister RK Singh has said that India is on route to becoming an electricity-based economy, as it embarks on power usage for cooking and running vehicles Union Minister of Power and New & Renewable Energy RK Singh has said that India is on route to becoming an electricity-based economy, as it embarks on power […]

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EESL Successfully Completes 10 Yrs; Aims to Become Rs 10k Cr Co in 3 Yrs

Government-backed Energy Efficiency Services Limited (EESL) has now completed 10 years of scaling up energy efficiency programmes in India and globally. With its rapid growth, the company now aims to become Rs 10,000-crore company in next three years. EESL was established in 2009 to unlock the potential of energy efficiency. It’s implemented initiatives have cumulatively […]

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EBRD Grants $37 Mn Loan for Expansion of Wind Project in Turkey

EBRD has approved a loan worth USD 37 million for financing the expansion of the Kiyikoy wind project in the northwest of Turkey. The European Bank for Reconstruction and Development (EBRD) has approved a loan worth USD 37 million giving a boost to renewable energy production in Turkey by financing the expansion of the Kiyikoy […]

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Cenfura, C4D to Tokenise Renewable Assets in South Africa

Cenfura and C4D will tokenise microgrid assets in South Africa, the partnership will construct and operate solar and battery storage-based microgrid assets Cenfura has entered into an agreement with C4D to tokenise microgrid assets in South Africa. The partnership will construct and operate the solar PV and battery storage-based microgrid assets in 6,500 gated communities across South […]

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Banque des Territoires Takes a 50% Stake in Total’s French Renewable Portfolio

Total and Banque des Territoires have signed an agreement for the latter to take a 50% stake in Total Quadran’s solar and wind energy assets in France Total, through Total Quadran – its renewable electricity production subsidiary in France, and Banque des Territoires have signed an agreement upon which Banque des Territoires takes a 50% […]

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Lighting up India’s hinterland

India has emerged as the fastest growing energy market in the world. Investments in the sector grew at 12 percent last year with spending on renewable energy (RE) exceeding fossil fuel-based power. The country aims at being a power surplus nation and RE can play a big role in the transition. In April 2018, the […]

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ADFD Approves Record $105 mn Funding for 8 RE Projects

ADFD has approved USD 105 million for eight renewable energy projects in developing countries in the seventh cycle of the IRENA/ADFD Project Facility. The Abu Dhabi Fund for Development (ADFD) has confirmed the allocation of approximately USD 105 million for eight renewable energy projects in developing countries in the seventh cycle of the IRENA/ADFD Project […]

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Cabinet Approves MoU With UK for Energy Self Sufficiency in Railways

The Union Cabinet has given its approval to MoU signed with the DfID of UK for enabling energy self-sufficiency in Indian Railways The Union Cabinet has given its approval to the Memorandum of Understanding (MoU) signed with the Department for International Development, Government of UK for enabling energy self-sufficiency in Indian Railways. An official release […]

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Interaction with Sushil Sarawgi, Managing Director, KOR Energy (India)

 Kor Energy (India) Pvt Ltd, founded in 2013, is an emerging Engineering, Procurement and Construction (EPC) services provider for the solar power plants in India. Besides, it is also involved in the mergers and acquisition for renewable energy projects, along with debt and equity syndication for the projects. The company is also involved in […]

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