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Energy Transition

First Funding agreement signed for ARENA’s program to accelerate the rollout of big solar projects

Australian Renewable Energy Agency’s program to drive down the cost and accelerate the rollout of big solar projects has just seen the first funding agreement signed. The new agreement commits up to $8.9 million of ARENA funding towards Genex’s $126 million Kidston Solar Project in North Queensland. ARENA CEO Ivor Frischknecht said the Kidston project was […]

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Oxford PV secures £8.1m funding and three key strategic investors

Oxford Photovoltaics has announced a further equity investment of £8.1million, which adds to the company’s £8.7m first close investment announced on 18 th October 2016. The bulk of this investment comes from three new strategic investors Statoil ASA, Legal & General Capital and a technology-focused, innovative family fund investor who sees the potential of the […]

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Yingli Leads the Development of the First Clean Production Evaluation System for China’s PV Industry

Yingli Green Energy Holding Company Ltd. today announced that The Clean Production Evaluation Index System for PV Cells (the “System”) was recently officially released by the National Development and Reform Commission (“NDRC”), Ministry of Environmental Protection, and the Ministry of Industry and Information Technology (“MIIT”). The System was jointly developed by China National Institute of […]

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Geostellar Partners with Progressive National Baptist Convention and Together Solar to Launch Nationwide Community Solar Program

Geostellar, the nation’s original online solar energy platform, announced today a partnership with the Progressive National Baptist Convention (PNBC), a vital Baptist denomination with an estimated membership of 2.5 million people, and Together Solar, a developer of shared-solar energy generation projects, to offer clean, renewable power through PNBC member churches to their communities and congregations. […]

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First Solar, Inc. Announces Acceleration of Series 6 Solar Module Production to 2018; Restructures Operations; Updates 2016 Guidance & Provides 2017 Guidance

First Solar, Inc. announced an acceleration of Series 6 production into 2018, with approximately 3 Gigawatts of production expected in 2019. Over the course of 2017 and 2018 the Company’s existing production facilities will be converted to Series 6 production and the current Series 4 product will be phased out. As a result of the […]

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OPIC, ReNew Power enters into an agreement for 100 MW solar project in Telangana

U.S. Government’s development finance institution, Overseas Private Investment Corporation (OPIC) has signed an agreement with ReNew of approximately $74 million for a 100 MW solar project in Telangana. Announced during the 22nd session of the United Nations Framework Convention on Climate Change Conference of Parties (COP22), this project is expected to diversify the country’s power […]

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AIGCC welcomes ratification of the Paris Agreement

The Asia Investor Group on Climate Change (AIGCC) welcomes recent announcements that Japan, Korea and Australia have ratified the Paris Agreement. Speaking on behalf of AIGCC, Emma Herd, Chief Executive Officer of Investor Group on said “Investors strongly endorse the Paris Agreement and welcome today’s decision by these governments to ratify the Paris Agreement.” He […]

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LUT developed new model shows the functioning of an electricity system that fulfills the targets set by Paris agreement

Lappeenranta University of Technology (LUT) has developed a new model that shows how an electricity system mainly based on solar and wind works in all regions of the world. The new model also shows the functioning of an electricity system that fulfills the targets set by the Paris agreement by using only renewable energy sources.  […]

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