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Renew Financial Sells Residential PACE Assets for $160 Million

Renew Financial has announced the sale of USD 160 million of residential Property Assessed Clean Energy (PACE) assets to Amalgamated Bank Renew Financial has announced the sale of USD 160 million of residential Property Assessed Clean Energy (PACE) assets to Amalgamated Bank, America’s socially responsible bank. PACE programs allow property owners to finance the costs […]

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Joule Helping 25,000 New York Households to Save Electricity Costs With RE

Joule Community Power has rolled out community choice aggregation programs to more than 25,000 households in seven communities in New York State. Joule Assets, via Joule Community Power, has rolled out community choice aggregation (CCA) programs to more than 25,000 utility account holders in seven communities in the New York State.  The six towns that […]

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Energy Storage Industry Sees New Opportunities in Sitharaman’s Budget 2020

Welcoming the Finance Minister Nirmala Sitharaman’s Union Budget 2020, which was tabled in the parliament today, the energy storage industry body India Energy Storage Alliance (IESA) has sought numerous opportunities in this year’s Budget for the energy storage sector. From Sitharaman’s second Union Budget, the energy storage industry analyzed that it will not only provide […]

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EXIM Bank Grants $35.8 Mn to Republic of Suriname for Hybrid PV Systems

Exim Bank has extended a LOC to the Government of the Republic of Suriname, for financing a rural electrification project using solar DG hybrid PV systems The Export-Import Bank of India (Exim Bank) has, on behalf of the Government of India, extended a Line of Credit [LOC] of USD 35.80 million, to the Government of […]

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AutoGrid, Schneider Electric to Provide Integrated Soln for Digitizing Electric Grid

Flexibility management software provider for the energy industry, AutoGrid has entered into a strategic partnership with Schneider Electric, a specialist in global energy management and automation. The motive behind the deal was to help energy providers integrate customer-owned or -operated flexible distributed energy resources (DERs) into their distribution management operations. The joint solution will integrate […]

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Boson Robotics Sees Opportunity in India

One of the biggest challenges in maintaining a solar farm is the issue of cleaning. Keeping the panels clean can make a huge difference to productivity of solar power, especially at utility scale. That has led to the emergence of firms specialising in the job. It wasn’t long though, before a Chinese firm started to […]

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India Needs $2.64 Tn in Investments to Meet UN SDGs by 2030: Report

A new report has revealed that India will need an estimated USD 2.64 trillion in investments to meet the UN SDGs by 2030. A new report has revealed that India will need an estimated USD 2.64 trillion in investments to meet the United Nation’s sustainable development goals (SDGs), offering the private sector an investment opportunity of over […]

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What are your key expectations you hope will be addressed in New Year?

Aspirations of solar industry are also rising in this New Year, as the year gone by was filled with many challenges which resulted into slowing down the speed of growth of the solar industry as compared to the previous years. Here’re some expectations of the industry stakeholders that they wish will be fulfilled in the […]

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Huaneng Dongfang Power Plant: Intelligent for Three Years, Still Going Strong

Three years ago, the Huaneng Company and Huawei jointly digitalized the Dongfang Power Plant. As the first PV project to be digitalized, it is worth looking back to see how the new technology has bolstered performance. 20% Higher Energy Yield The project was initiated on June 30, 2016 for grid-tied power generation. It adopted the […]

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