International

LONGi Solar Signs 200 MW Module Supply Deal in Vietnam

LONGi Solar and Hexagon Peak have entered into a supply deal for 200 MW of mono PERC modules for solar PV projects in Vietnam LONGi Solar, a leading vertically integrated Tier 1 manufacturer of solar modules and Hexagon Peak, the project development arm of Hexagon Holdings Singapore, have announced that the two firms have entered […]

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Siemens Gamesa to Acquire Senvion’s European Assets for €200 mn

Siemens Gamesa has announced that it has reached an agreement to acquire selected European assets of the Senvion Group for EUR 200 million. Siemens Gamesa Renewable Energy has announced that it has reached an agreement to acquire selected European assets of the Senvion Group for EUR 200 million. The assets included in the transaction are […]

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IEA Report on Renewables 2019

Renewables 2019 is the IEA market analysis and forecast from 2019 to 2024 on renewable energy and technologies. It provides global trends and developments for renewable energy in the electricity, heat and transport sectors. The analysis this year contains an in-depth look at distributed solar PV, which is set to more than double in capacity in […]

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Renewables to Grow by Nearly 1200 GW in Next 5-Years: IEA

A new report has predicted that the world’s total renewables-based power capacity will grow by 50 percent or 1200 GW between 2019 and 2024. A new report has forecasted that the world’s total renewables-based power capacity will grow by 50 percent between 2019 and 2024, and this increase of 1200 gigawatts (GW), which is equivalent […]

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IRENA Report on Future of Wind

Reducing carbon dioxide (CO2) emissions is at the heart of the world’s accelerating shift from climate-damaging fossil fuels towards clean, renewable forms of energy. In addition to fulfilling the Paris Agreement, renewables are crucial to reduce air pollution, improve health and well-being, and provide affordable energy access worldwide. Wind energy forms an important part of […]

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Asia Could Become the Dominant Market for Wind Energy: IRENA

Asia could grow its share of installed capacity for onshore wind from 230 GW in 2018 to over 2600 GW by 2050, becoming the global leader in the segment Asia could grow its share of installed capacity for onshore wind from 230 Gigawatt (GW) in 2018 to over 2600 GW by 2050, a new report […]

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With 10.6 GW Additions in 2018, US now the 2nd Largest Solar Market

Solar capacity additions in the US touched 10.6 GW for 2018, making it currently the second-largest solar PV market in the world. According to a new report, solar PV capacity additions in the US touched 10.6 GW for 2018, and with a massive 12.9 percent share of the cumulative capacity additions for the year, the […]

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Scatec Solar Posts Strong Financial Results for Q3 2019

Scatec Solar delivered solid results in the Q3 of 2019 with proportionate revenues of USD 166.14 mn and EBITDA of USD 47.2 mn, a 68 percent increase YoY. Scatec Solar has announced that the company delivered solid results in the third quarter (Q3) of 2019 with proportionate revenues of NOK 1,522 million (1,259) (USD 166.14 […]

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Commonwealth of Virginia to Purchase 420 MW Renewable Energy

State-owned buildings and facilities in Virginia will soon be powered with renewable energy under a new agreement between the Commonwealth and Dominion Energy State-owned buildings and facilities in Virginia will soon be powered with renewable energy sources like wind and solar energy projects under a new agreement between the Commonwealth and power utility Dominion Energy. […]

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