India’s government has long attempted to protect its poorer consumers by controlling the prices of fuels such as diesel, kerosene, and liquefied petroleum gas (LPG, used as a cooking fuel in the country). But inefficient implementation of the subsidy regime has resulted in a sizeable fiscal deficit as India imports about 80% … [continued]
The Indian government and Indian corporates have started taken measures to raise the potential billions of dollars required to reach the ambitious renewable energy targets. Indian Export-Import Bank sold $500 million of green dollar bonds with a yield of 2.75%. With a huge installed capacity target of 175 GW renewable … [continued]
Spanish wind turbine manufacturer Gamesa has cemented its leadership position in some of the most attractive and fast emerging markets around the world. As per the findings of BT Consult, Gamesa is the top-ranked original equipment manufacturer (OEM) in India as well as Mexico. In Mexico the company has an … [continued]
In a written statement published on the Department of Energy & Climate Change website, the UK’s Secretary of State for Energy and Climate Change has announced that the UK Government, along with the UK’s Green Investment Bank, will back a new pilot program to the tune of £200 million to invest … [continued]
SunEdison and Imergy Power Systems have introduced a sustainable solar/energy storage business model for up to 5000 villages in India — just for starters.
Shanghai headquartered, Chinese PV developer Solar Power Inc recently announced a partnership with startup Aqua Clean Energy to develop floating PV projects across the US and Mexico. As per the press release, a combined capacity of 50 MW floating PV projects will be built, spread across the states of California, Arizona, Texas, and New … [continued]
Mercom Capital Group has released its solar industry forecast for 2015, with predictions that the industry will install 54.5 GW. In its latest quarterly update, Mercom Capital, a global clean energy communications and consulting firm, released predictions for 2015 while providing updated numbers on “actual installation numbers for 2014.” Specifically, … [continued]
Debt-ridden Sulzon Energy is expected to take probably the biggest measure to cut its huge debt as its shareholders approved the sale of a European subsidiary. India’s largest integrated wind energy solutions provider Suzlon Energy will sell off Senvion, a Germany-based offshore wind energy technology provider, that it acquired in 2007. … [continued]
Citigroup had recently announced plans to lend, invest, and facilitate deals worth $100 billion by 2025, to support projects that will fight climate change and protect the environment. While this might seem to be a lofty target, the company had previously set a goal of $50 billion for similar initiatives in 2007, and was able … [continued]
Originally published on 1Sun4All. The first departure date from Myanmar for Solar Impulse 2 (Si2) has been updated by Solar Impulse to be March 26. While we wait for the 5th flight of the round-the-world attempt that will carry the sun-powered airplane from Mandalay, Myanmar, to Chongqing, China, it might be fun to see what Martin Saive … [continued]
