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Home2020July

Month: July 2020

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International News

African Development Bank approves Euro 225 million loan for Egypt’s Electricity and Green Growth Support Program

July 26, 2020

The African Development Bank has approved a Euro 225 million loan to finance Egypt’s Electricity and Green Growth Support Program (EGGSP). The EGGSP is a reform programme that seeks to promote a sustainable, competitive and […]

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International News

Statkraft and Ocean Sun to start construction of a floating solar plant in Albania

July 26, 2020

Statkraft Albania and Norwegian renewable energy generator Ocean Sun are ready to start the construction of a 2 MWp floating solar pilot project in Albania. The pilot floating solar project will receive an estimated total […]

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International News

Repsol to invest EURO 60 million in green hydrogen project

July 26, 2020

Repsol plans to set up two industrial decarbonisation projects together with Spanish and international partners. The projects will be located at the port of Bilbao and its surrounding area. They will attract a combined initial […]

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International News

Infosys joins The Climate Pledge to meet the Paris Agreement goal by 2040

July 26, 2020

Amazon and Global Optimism have announced that Infosys has joined the Climate Pledge to meet its Paris Agreement goals by 2040. The signatories to the Climate Pledge commit to becoming net carbon zero across businesses […]

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International News

ADB to invest $17.7 million in a 35 MW solar project in Bangladesh

July 26, 2020

The Asian Development Bank (ADB) has signed a $17.7 million financing agreement with Spectra Solar Park Limited to invest in a 35 MW utility-scale solar PV plant in Bangladesh. This plant will be one of […]

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International News

d.light and Solar Frontier Capital announce $65 million financing facility for Kenya

July 26, 2020

Solar Frontier Capital Limited, a wholly owned subsidiary of African Frontier Capital (Mauritius) LLC, and d.light design Inc. (d.light) have jointly announced the establishment of a $65 million financing vehicle, Brighter Life Kenya 1 Limited […]

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Miscellaneous

Praj Industries plans to enter the renewable chemicals and materials sector

July 26, 2020

Praj Industries has announced that it will diversify into the global renewable chemicals and materials (RCMs) industry. As a part of its newly launched Bio-Prism portfolio, Praj is developing technologies to produce bio-based RCMs. RCMs […]

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Financings

Inox Wind announces financial results for the fourth quarter of 2020

July 26, 2020

Inox Wind has announced its financial results for the quarter ended March 31, 2020. The company has recorded revenues of Rs 1,967.4 million, an increase from the Rs 1,841.4 million recorded for the same period […]

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Financings

Hindustan Zinc plans to sell 273 MW of wind energy assets

July 26, 2020

Hindustan Zinc, a subsidiary of the Vedanta Group, is planning to sell its wind energy assets of 273 MW, valued at around Rs 15 billion. The assets have been listed as non-core assets by the […]

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Financings

Enel Green Power signs agreement with Norfund to set up renewable energy projects in India

July 26, 2020

Enel Green Power (EGP), through its Indian subsidiary Enel Green Power India (EGP India), has signed a long-term agreement with Norfund, a Norwegian investment fund for developing countries, to jointly finance, build and operate new […]

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Financings

India’s Green Growth Equity Fund to receive $70 million from BP

July 26, 2020

The global oil and gas company BP has announced that it will invest $70 million in India’s Green Growth Equity Fund (GGEF). With this, BP will become a limited partner in the GGEF and get […]

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Projects

EESL floats large tender for solar lighting systems

July 26, 2020

Energy Efficiency Services Limited (EESL) has invited bids on behalf of the International Solar Alliance (ISA) for the supply of 9,347,000 solar home lighting systems to the member countries of the ISA. The scope of […]

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Projects

ReNew Power plans to manufacture solar cells and modules in India     

July 26, 2020

ReNew Power has announced its plan to start manufacturing of solar cells and modules in India. The company will invest Rs 15-Rs 20 billion in setting up this facility, which will initially have a 2 […]

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Projects

MEDA invites bids for rooftop solar projects at Nagpur’s healthcare centres

July 26, 2020

The Maharashtra Energy Development Agency has issued a tender for the development of rooftop solar plants at 34 primary health centres in Nagpur, Maharashtra, after the first issue in May 2020. The projects will be […]

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Projects

Odisha floats a tender for 1.47 MW of rooftop projects

July 26, 2020

The Odisha Renewable Energy Development Agency has issued a tender for setting up of 1.47 MW of rooftop solar projects at 115 panchayat samiti offices in the state. The tender also includes setting up of […]

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Projects

SunSource wins 1.95 MW solar plus storage project

July 26, 2020

SunSource Energy has won the contract from SECI for developing 1.95 MW of solar power with a 2.15 MWh battery energy storage station in Lakshadweep. The project will power four islands on Lakshadweep: 300 kW […]

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Projects

SECI floats a tender for developing 5 MW of solar power projects in Tuticorin

July 26, 2020

SECI has floated a tender for setting up 5 MW of solar projects at the VO Chidambaram Port Trust in Tuticorin, Tamil Nadu. The scope of work for the selected developers will include the design, […]

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Projects

SECI issues tender for 15 MW of floating solar projects in Himachal Pradesh

July 26, 2020

SECI has floated a tender to develop 15 MW of floating solar projects in Bilaspur district of Himachal Pradesh. The projects will be set up at the Nangal Pond, near Neilla Village in Bilaspur. Even […]

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Projects

SSCL issues tender for 25 MW of canal-top solar pants in Karnataka

July 26, 2020

Shivamogga Smart City Limited (SSCL) has floated a tender for the development of 25 MW of canal-top solar plants on the Upper Tanga canal stretches, passing through Shivamogga City in Karnataka. SSCL, through a public-private […]

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Projects

SJVN floats tender for setting up 100 MW of capacity at Dholera Solar Park

July 26, 2020

SJVN limited has invited bids for developing 100 MW of solar power capacity at the Dholera Solar Park in Gujarat. The project capacity was won by SJVN in the Phase IX tender floated in March […]

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