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Vineet Mittal’s Avaada Energy bags another $15 million from PROPARCO

French development financial institution PROPARCO, has been reported to have made a $15 million equity investment in independent renewable power producer Avaada Energy Private Limited. For the Vineet Mittal led Avaada Energy, the fund raise further buttresses its  credentials as an attractive option in India for funding by DFI’s. Earlier this year in April 2019, […]

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Shtigen Energy Commissions Armenia’s Largest Commercial PV Project

Shtigen Energy Systems, one of the leading EPC’s in Armenia, has recently commissioned Armenia’s largest commercial solar power station named ArSun. Furthermore, the 2 MW (AC) photovoltaic (PV) plant, with 2.2 MW (DC) PV panels installed, will supply power to Hrazdan community. This project used latest PV technologies including peak shaving, bifacial half-cut cells etc. […]

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NextEra Energy Commissions Shaw Creek Solar Plant in South Carolina

NextEra Energy Resources has announced the start of operations at its newest solar energy generating facility in South Carolina.   NextEra Energy Resources has announced the start of operations at its newest solar energy generating facility, the Shaw Creek Solar Energy Center in Aiken, South Carolina. Shaw Creek is owned and operated by a subsidiary of […]

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Greenlight Planet Joins Orange in Commitment Towards Energy Transition in Africa

Greenlight Planet and Orange have partnered to provide Orange’s customers with access to clean energy solutions to several nations in Africa Greenlight Planet, the largest solar pay-as-you-go provider in Africa, and Orange, one of the world’s leading telecommunications operators, have announced a partnership that aims to provide Orange’s customers with access to clean energy solutions […]

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BRICS Nations Urged to Adapt Fiscal Policies to Clean Energy Transition

Governments receiving revenue from fossil fuels will see a sudden gap in budgets if they don’t adapt their fiscal policy to the clean energy transition A new report has warned that if governments receiving a lot of revenue from fossil fuels—whether through their consumption or production—will see a sudden gap in their budgets if they […]

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Need Collaborative Approach to Building Future-Ready Energy Efficient Ecosystem

INSPIRE 2019 featured some ways to harness technology to make the next generation of urban and rural spaces resilient, inclusive, and energy-efficient. The two-day International Symposium to Promote Innovation & Research in Energy Efficiency (INSPIRE 2019) concluded in Mumbai and featured some of the most prominent leaders and experts discussing ways to harness technology to […]

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Sungrow now the Largest Supplier of String/Central Inverters in Americas

Sungrow is now the largest supplier to offer both string and central inverters to the Americas after witnessing rapid growth in the first half the year Sungrow, the global leading inverter solution supplier for renewables, is now the largest supplier to offer both string and central inverters to the Americas after witnessing rapid growth according to data for the […]

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Africa at the Centre of Global Energy Transition Until 2040: IEA

Africa is set to play a key role in shaping the global energy transition as it undergoes the largest process of urbanisation the world has ever seen. Africa is set to become increasingly influential in shaping global energy trends over the next two decades as it undergoes the largest process of urbanisation the world has […]

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U GRO Capital, Sunvest Capital Launch Rs.20 Crore Rooftop Solar Funding

Capital, the key missing link in so many solar rooftop plans, is finally coming to solar too. In another move to fill the vast gap that exists between potential, demand, and actual supply, SME focused finance start up U Grow Capital has joined hands with Sunvest Capital to provide co lending for solar rooftop and […]

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