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IFC is offering a USD 25 million lending to NMB Bank to increase financing for eco-friendly projects and tiny and also average enterprises (SMEs) in Nepal

A new machine learning algorithm added to ABB’s software platform allows industrial consumers to avoid peak hour costs with no need of battery storage. Zurich-based corporation has developed two applications for its energy forecasting software assisted by an AI specialist.

DSD Renewables has partnered with Solar Optimum to develop a 522-kW rooftop solar project for Molding Corporation of America, a full-service customized injection molding business based in Pacoima, California. The setup, which DSD will certainly own and operate long-term, is anticipated to be operational in 2022.

Ratch Group and Nexif Energy shine bright with new 74-MWp solar project in the Philippines, powering Aboitiz Power Corp and the wholesale market.

ENEOS and Toshiba partner to power Japan with solar energy, cutting 955 tonnes of CO2 emissions annually through innovative PPAs.

Sunnova Energy Corporation is collaborating, through the Solar Foundation’s “Solar Saves Lives” program, with non-profit organizations in Puerto Rico to support critical energy projects on the island.

EneCoat and Toyota Motor Corporation join forces to develop and commercialize highly efficient automotive perovskite solar cells to contribute to achieving carbon neutrality. Their joint venture seeks to advance renewable energy, self-sufficiency, and power generation efficiency.

Qatar General Electricity as well as Water Corporation has revealed financial close on the 800 MW Siraj-1 solar project with Mizuho Bank as well as the state-owned Japan Bank for International Cooperation. The project, secured in a tender by France's Total and also Japan's Marubeni, will offer power for $0.01449/ kWh.

Dutch offshore PV professional SolarDuck B.V., together with teamwork partners, is developing a demonstrator for the use of offshore photovoltaics in Tokyo Bay.

ADB secures financing for 100-MW solar project in Bangladesh, with support from ILX Fund I and Japan International Cooperation Agency. Dynamic Sun Energy leads the charge towards renewable energy.

ReNew Power, with 100% of its generation from renewable energy sources, helped avoid 0.5% of India's carbon emissions and 1.1% of the emissions from the power sector. ReNew avoids carbon emissions which are 200 times its scope 1 and 2 emissions. 400,000 lives impacted across 200+ villages in 9 Indian states through community development initiatives in FY 20-21.

Arctech will certainly supply its remedies to the 312 MW solar energy project which is the biggest in Central Asian nation. It will be supplying SkyLine II solar tracker system.

India set up more than 12GW of solar PV in the fiscal year 2022 (FY2022) yet this is expected to soar to more than 20GW in FY2023 as the nation aims to accelerate its solar implementation, according to JMK Research.

The Indian state of Karnataka has snagged the top spot on the Ministry of New and Renewable Energy’s State Rooftop Solar Attractiveness Index.

Some 1 GW of utility scale project ability was contributed to the end of June.