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Energy Transition

U.S. Added 2.5 GW of Wind, 1.2 GW of Solar, 100 MW of Storage in Q1

U.S. added 2,500 MW of wind, 1,200 MW of utility-scale solar, 100 MW of battery storage in first three months of the year  The Clean Power Quarterly Market Report, released today by the American Clean Power Association (ACP), shows that U.S. project developers installed nearly 40 percent more wind power in the first three months of 2021 […]

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JPMorgan Chase Releases Carbon Reduction Targets for Paris-Aligned Financing Commitment

JPMorgan Chase today released comprehensive steps it is taking in its efforts to align its financing activities with the climate goals of the Paris Agreement. As part of its Paris-aligned financing commitment announced last fall, the firm has published 2030 carbon intensity targets for the Oil & Gas, Electric Power and Auto Manufacturing sectors. JPMorgan […]

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ADB Supports India’s Covid-19 Response Through Record Annual Lending

Manila-headquartered Asian Development Bank (ADB) said on Thursday that it had committed $3.92 billion in sovereign loans for 13 projects to India in 2020, including $1.8 billion in projects to support the Government of India’s coronavirus disease (COVID-19) pandemic response. This is ADB’s highest-ever annual lending commitment to India since the start of its lending operations […]

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Industry Welcomes Cabinet Approval for PLI Scheme for ACC Battery Storage

IESA and its member companies have welcomed the Cabinet’s approval of the PLI Scheme on Advanced Chemistry Cell (ACC) Battery Storage India Energy Storage Alliance (IESA), India’s leading alliance on energy storage & e-mobility and its member companies have welcomed the Cabinet’s approval on the proposal by the Department of Heavy Industry for implementation of […]

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JinkoSolar Awarded the Best HR Strategy of the Year

JinkoSolar Holding Co., Ltd., one of the largest and most innovative solar module manufacturers in the world, today announced that it has been awarded the Best HR Strategy of the Year at the Energy HR Summit India 2021 commending JinkoSolar’s outstanding HR performance during these challenging times. Energy HR Summit is one of the most […]

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Swedish Company Exeger Raises USD 38 Million in Debt Financing

Sweden’s Exeger announced today that it has secured USD 20 million in debt financing from Swedbank and Swedish Export Credit Corporation (SEK). The company, which produces Powerfoyle, a unique solar cell technology that transforms all forms of light into clean, endless energy, has also secured USD 18 million through a directed share issue to Ilija Batljan […]

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Renewables Powering Through the Pandemic: IEA

Renewable electricity expanded at fastest pace in two decades, with huge additions of solar and wind becoming the ‘new normal’ going forward Renewable sources of electricity such as wind and solar grew at their fastest rate in two decades in 2020 and are set to expand in coming years at a much faster pace than […]

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LONGi Wins at “All Quality Matters” Solar Congress 2021

China-based leading solar PV manufacturer LONGi announced today that it has once again received recognition at the 2021 edition of the TÜV Rheinland “All Quality Matters” Solar Congress, with its Hi-MO 4 and Hi-MO 5 high-efficiency modules winning awards for PV Module Outdoor Energy Yield (Monofacial Group) and PV Module Energy Yield Simulation (Bifacial monocrystalline […]

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European Comm Approves Germany’s Problematic RE Law: WindEurope

Last week the European Commission approved the latest amendments to the German Renewable Energy Act. This means Germany can now publish the results of its last onshore wind auction, and work on the relevant wind farms can start. But the Commission have set an unhelpful precedent by approving a new mechanism in the Act which […]

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