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The Sunshine Sector’s Gender Challenge

Why the solar sector needs to have more women As yet another International Women’s Day (IWD) came around on 8th March this year, the theme this year was ‘Balance for Better’- A balanced world is a better world. That got us thinking about the solar sector in India. The many industry conferences with their rare […]

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Step Up Research on Minerals and Energy From Oceans to Boost Economy : Naidu

Vice President Venkaiah Naidu recently said that a focused approach in areas such as minerals and energy from oceans can help India become the third largest economy in the next 10-15 years.  Addressing scientists at the CSIR-National Institute of Oceanography (NIO) near here, he said that at the same time, further degradation of marine ecosystems should […]

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Quantum Materials Licenses its Thin Film Cell Tech “Quantum Dot” For Indian Manufacture

Leading American cadmium-free quantum dot and nano-materials manufacturer Quantum Materials Corp has received an initial $500K (Rs 3.44 crore) along with confirmation that the $500K balance payment is in the process as part of the upfront license fee for the License and Development Agreement consummated with Amtronics CC. The license is the foundation for the […]

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DERC Approves PSA Between SECI and Tata Power-DDL For Sale of 50 MW Wind Power

The Delhi Electricity Regulatory Commission (DERC) has approved the Power Sale Agreement (PSA) between the Solar Energy Corporation of India (SECI)  and Tata Power Delhi Distribution Limited (TPDDL) for the sale of 50 MW of wind power. The order was passed after TPDDL had petitioned the commission to approve the PSA and adopt a tariff […]

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723 GW of New Wind Capacity Expected in the Next Decade : WoodMac

Wood Mackenzie Power and Renewables ‘Global Wind Power Market Outlook Update: Q1 2019’ report predicts the additions of nearly 723 GW of new wind capacity in the decade leading up to 2028. According to the report, 50.2GW of new wind power was added globally in 2018, a 4% increase Year on Year (YoY) and the […]

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Japan’s Eurus Energy Acquires Share in Winlab Africa

Japan’s wind energy developer Eurus Energy has acquired a share in Winlab Africa, a subsidiary of the Australian group Winlab Limited, with an investment of $10 million. The money will be used to finance several projects, including the Miombo Hewani wind farm in southwest Tanzania. A company statement explained that through this investment, Eurus Energy, […]

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ENEL Acquires 650 MW of Renewable Capacity From EGPNA REP

The overall consideration paid for the transaction amounts to approximately 256 million US dollars, for an enterprise value equal to around 900 million US dollars. Enel S.p.A., acting through its renewable subsidiary Enel Green Power North America Inc. (EGPNA), finalised the acquisition of 100 percent of seven fully operational renewable plants totalling 650 MW from […]

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India, Maldives Exchange MoUs on Energy Efficiency

India and Maldives have signed one agreement and two MoU, including collaboration in the field of energy efficiency and renewable energy, in the presence of Sushma Swaraj and her Maldivian counterpart Abdulla Shahid. India and Maldives signed an agreement on the exemption from visa requirement for holders of diplomatic and official passports, while, the MoUs exchanged focused on Indian Grant Assistance for the implementation of High Impact Community Development Projects […]

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AfDB Pledges $25 Bn to Climate Finance For 2020-25

Key Bank projects include the co-financing of the 510 MW Ouarzazate Solar Complex in Morocco, one of the largest solar complexes in the world. The African Development Bank will double its climate finance commitments for the period 2020-2025, the Bank’s President announced at the One Planet Summit taking place in Nairobi. Akinwumi A. Adesina said […]

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