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Hero Lectro Partners with Logistics Firms to Deploy E Cargo Bikes in India

Hero Lectro, the EV arm of the Hero Motors Company (HMC), announced today new partnerships with logistics service providers Fast Despatch Logistics and Turtle Mobility as part of a new ecosystem to enable greater use of e-mobility in last mile delivery. Under the partnership, Hero Lectro’s E Cargo bikes will be rolled out into the […]

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Fortum Divests 500 MW Indian Solar Assets To Investor Actis

Actis, the global emerging markets investment firm focused on the private equity, energy, infrastructure, and real estate asset classes is acquiring 500 MW assets of Finnish firm Fortum in India. The news was first reported in business daily, Economic Times. Actis has a growing portfolio of investments across Asia, Africa, and Latin America and US$12 […]

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FIMER Launches 2 New Platforms for Utility PV Market

Leading solar inverter supplier FIMER has announced the launch of two new platforms for the utility-scale sector – a high-power multi-MPPT string inverter and a modular conversion solution – which are designed to cater for both decentralized and centralized applications covering 100 percent of utility applications. With the most recent Renewable Energy Market Update from the International Energy […]

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ACME Signs Deal With Brookfield Renewable for 450MW Solar Project

One of the largest solar power developers in India, ACME Solar Holdings Ltd. has announced signing a deal with Brookfield Renewable,  an owner and operator of renewable assets, for a 450 MW solar power project in Rajasthan, India.  Brookfield Renewable is one of the world’s largest investors in renewable power, with approximately 21,000 megawatts of […]

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Solis Seminar, Episode 24: PV Panel Micro-Crack Problems and Identification Methods

The last Solis Seminar introduced the problem of PID effect and its solutions. This seminar will give details on the causes of cell micro-cracks, how to identify them and ultimately prevent them. PID effect, micro-cracks, and hot spots are three important factors that can affect the performance of crystalline silicon photovoltaic modules. Among them, PID […]

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Experts Find Lower Costs, Cheap Credit To Be Decisive For Energy Future

What does the energy landscape look like in the post-Covid era? Ajay Mathur, Director, International Solar Alliance, believes that as we look to the future, two-three key changes emerge: One, post the pandemic, energy equipment buyers are considering the operating costs of energy with greater emphasis, largely because of the greater availability of credit, which […]

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IFC and Rockefeller Foundation to Co-finance RE Development in Africa

The International Finance Corporation, the private sector arm of the World Bank Group, and The Rockefeller Foundation (RF) yesterday announced a new partnership to finance renewable energy development in Sub-Saharan Africa and some other regions. The joint venture aims to deploy $150 million of RF’s catalytic capital in blended finance to mobilize up to $2 […]

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Sungrow Partners With UCC for Distribution In Bangladesh

Leading global inverter solution supplier, Sungrow has today announced its partnership with United Computer Center (UCC) to enhance the company’s distribution networks for commercial & industrial, residential inverters in Bangladesh. Sungrow has a wide portfolio of products for applications in distributed generation markets covering product verticals within commercial and industrial, as well as residential inverters. […]

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Amid Renewable Energy’s Expansion, Gas is Losing Traction: IISD Report

The Step Off the Gas report, published earlier this month by the International Institute for Sustainable Development (IISD),  examines international public finance for natural gas expansion in the Global South and the choices countries face in how to develop their energy systems while meeting socio-economic needs. The report assesses economic and environmental risks from gas […]

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