International

In China, a Mixed Bag of Results And News from Solar Majors in Q1

Close on the heels of a strong recovery in March this year, right after the worst of the Covid-19 imposed lockdowns in the country, major China-based firms have declared a mixed set of  news, guidance, and results. Bringing up the tough news was Sunpower, a manufacturer of cells and modules, which has idled its plants […]

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Floating Solar and Fishery Chalks Another Success in China with 120 MW plant

Months after the start of a 260 MW plant in China’s Anhui province that was made by China General Nuclear Power Group , that used floating solar and allowed fishery at the site, comes news of another 120 MW plant going online. The new plant  is located at Cixi, in Zhejiang province of China.The plant, […]

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Crashing Oil, Booming Solar. Possible?

While the slump in oil prices will have its own yet to be seen second, and third order effects, be it political stability in the middle east, or moves by the US and Russia to outflank each other, for India,  this is the opportunity that needs to be taken with both hands. The country has […]

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Renewable Energy can Support Resilient and Equitable Recovery: IRENA

Advancing the renewable-based energy transformation is an opportunity to meet international climate goals while boosting economic growth, IRENA has revealed. Advancing the renewable-based energy transformation is an opportunity to meet international climate goals while boosting economic growth, creating millions of jobs and improving human welfare by 2050, the first Global Renewables Outlook released by the […]

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Siemens Gamesa Secures 184 MW Wind Turbine Orders in Poland

Siemens Gamesa has continued its winning streak in Poland following the award of 3 projects totaling 184 MW at the last auction round held in December 2019. Siemens Gamesa Renewable Energy has announced that it has continued its winning streak in Poland following the award of three projects totaling 184 MW at the country’s last […]

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COVID-19 Halts up to 3 GW of Wind, Solar Projects in Australia

The global COVID-19 pandemic has hit the renewables industry hard in Australia, postponing or cancelling the financial close of up to 3 GW of projects The global COVID-19 pandemic has hit the renewables industry hard in Australia, postponing or cancelling the financial close of up to 3 gigawatts (GW) of projects according to a new […]

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IRENA, African Union to Advance Renewable Energy in Response to COVID-19

The African Union and the IRENA have agreed to work closely to advance renewable energy across the continent to bolster Africa’s response to COVID-19. The African Union Commission (AUC) and the International Renewable Energy Agency (IRENA) have announced that they have agreed to work closely to advance renewable energy across the continent to bolster Africa’s response to COVID-19. […]

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sPower Closes on $350 Mn Commitment for 620 MW Solar Project

sPower has closed on a USD 350 million tax equity commitment for the 620 MW dc Spotsylvania Solar Energy Center in Spotsylvania County, Virginia. sPower, a leading renewable energy Independent Power Producer (IPP), has announced that the company has closed on a USD 350 million tax equity commitment for Spotsylvania Solar Energy Center in Spotsylvania […]

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C-PACE Financing Firm Greenworks Raises $150 Mn Committed Capital

Greenworks Lending, one of the largest providers of C-PACE financing in the US, has announced that it has raised USD 150 million in committed capital Greenworks Lending, one of the largest providers of Commercial Property Assessed Clean Energy (C-PACE) financing in the US, has announced that it has raised USD 150 million in committed capital from Nuveen, the investment […]

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