Engie plans to stop its gas consumption by 2050

December 2017

French multinational electric utility company ENGIE has announced its plan to switch from gas operations to clean fuel by 2050. The utility plans to use biogas and hydrogen to achieve 100 per cent green operations. […]

ISA becomes an international treaty-based organisation

December 2017

The International Solar Alliance (ISA) became a treaty based inter-governmental international organisation on December 6, 2017. It received four additional ratifications in November 2017 from Australia, Cuba, Malawi and Peru, thus taking the alliance’s overall […]

India and Spain collaborate to promote solar energy

December 2017

The National Solar Energy Federation of India has signed a cooperation agreement with Spanish solar association UNEF to promote solar energy and defend the interests of the segment in both the countries. Under the agreement, […]

ReNew Power acquires 103 MW of wind projects

December 2017

ReNew Power has acquired 100 per cent stake in KCT Renewable Energy Private Limited (KCTREPL) from the Karm Chand Thapar [KCT] Group for Rs 10 billion. With this, ReNew Power has the ownership of KCTREPL’s […]

CleanMax Solar raises $15 million investment

December 2017

CleanMax Solar has received $15 million investment from the International Finance Corporation (IFC) in the form of compulsorily convertible debentures. The funds will be utilised for the construction of CleanMax’s greenfield solar projects across India. […]

PFC issues green bonds worth $400 million

December 2017

The Power Finance Corporation (PFC) issued $400 million of green bonds on the new International Securities Market of the London Stock Exchange on November 29, 2017. The Climate Bonds Initiative-certified green bonds have a tenor […]

Enphase Energy opens its R&D centre in Bangalore

December 2017

Enphase Energy has opened its first Indian research and development (R&D) centre in Bengaluru, Karnataka, on December 3, 2017. With the new R&D centre, the company aims to provide employment opportunities for engineering, operations, sales […]

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