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Australian energy market

Canadian Solar Raises $30 Mn from CPDFund to Develop Solar Farms in Brazil

Nasdaq-listed Canadian Solar has raised USD 30 million in funding from the China-Portuguese Speaking Countries Cooperation and Development Fund (CPDFund). The Canadian solar photovoltaic (PV) modules manufacturer aims to deploy the funding raised for the development and construction of solar projects in Brazil. As of now, the Canadian company has 1.7 GW of solar PV projects developed and awarded […]

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Long Standing Issues of Long-Term Power Purchase Agreements

The Standing Committee on Energy had recently presented its 4th report in the Parliament, one key area of focus was the state of Power Purchase Agreements The Standing Committee on Energy working under the Ministry of Power had recently presented its fourth report in the Parliament addressing all the financial layouts made by the government […]

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Canadian Solar Secures Financing to Invest in Solar Development in Italy

Canadian Solar has secured a EUR 55 million bilateral Revolving Credit Facility to fund the construction of a 151 MWp of solar PV portfolio in Italy Canadian Solar, one of the world’s largest solar power companies, has announced that it has secured a EUR 55 million bilateral Revolving Credit Facility with Intesa Sanpaolo to fund the construction of a 151 […]

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Amazon Announces 4 new Wind, Solar Projects in Australia, Europe and US

Amazon has announced four new wind and solar power projects in Australia, Spain, Sweden, and the US, worth a combined 300 MW capacity E-commerce major Amazon has announced four new renewable energy – wind and solar power projects in Australia, Spain, Sweden, and the US that further support its commitment to reach 80 percent renewable […]

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ANU Researchers set Efficiency Record of 27.7% With Tandem Solar Cells

Researchers at ANU have set a new record for the conversion efficiency of 27.7 percent for mechanically-stacked perovskite-silicon solar tandem cells. The future of solar technology is almost reality, with researchers at The Australian National University (ANU) setting a new record for the conversion efficiency of sunlight into energy. The researchers have set a new […]

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Canadian Solar, Lightsource BP Sign 1.2 GW Module Supply Agreement

Canadian Solar has signed a multi-year module supply agreement with Lightsource BP to deliver 1.2 GW of high efficiency polycrystalline solar modules Canadian Solar, one of the world’s largest solar power companies, has announced that it has signed a multi-year module supply agreement with Lightsource BP to deliver 1.2 GW of high efficiency polycrystalline solar […]

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Generate Raises $1 Bn to Scale Renewable, Sustainable Infra Platform

Generate  (formerly Generate Capital) has announced that it has secured more than $1 billion in funding to continue to scale its renewable and sustainable infrastructure fleet Generate has announced that it had secured more than USD 1 billion in funding to continue to scale its renewable, sustainable infrastructure fleet. New investors include some of the […]

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Shell Takes Minority Stake in one of Australia’s Most Successful Solar Firms

Shell has invested in ESCO Pacific, one of Australia’s most successful solar companies, to take a minority stake of 49 percent. Shell has announced that it has invested in ESCO Pacific, one of Australia’s most successful solar companies, focused on the development and long-term asset management of utility-scale solar projects, to take a minority stake […]

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Microgeneration and Power Trading – Will it work for India

At the outset let us define what is microgeneration. In simple terms, it is defined as the small-scale production of electricity from a low carbon source. This includes the design and installation of advanced distributed generation systems using traditional or renewables technologies. Given that traditional power systems are efficient only at scale, they typically do […]

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