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Electricity Procurement Contracts Down 11% in December 2019: Report

Electricity procurement contracts in December 2019 saw 47 contracts announced, marking a drop of 11 percent over the last 12-month average of 53, according to a new database. Electricity procurement contracts in December 2019 saw 47 contracts announced, marking a drop of 11 percent over the last 12-month average of 53, according to GlobalData’s power […]

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Huawei FusionSolar with Optimal LCOE Popularizes New Energy in MEA

The World Future Energy Summit (WFES) is taking place at the Abu Dhabi National Exhibition Center on January 13-16, 2020, representing the largest future energy and sustainability event held in the Middle East and Africa (MEA). Huawei showcases its Smart PV Solution for utility-scale and distributed PV plants, following the principle: “AI BOOST FusionSolar for […]

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IRENA and EBRD Sign Agreement to Strengthen Cooperation

IRENA and EBRD have signed an MoU to strengthen their relationship and accelerate efforts to rapidly increase the share of renewable power in EBRD countries The International Renewable Energy Agency (IRENA) and the European Bank for Reconstruction and Development (EBRD) have signed a Memorandum of Understanding (MoU) allowing the two organisations to strengthen their relationship […]

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Brookfield Renewables Submits Proposal to Acquire TerraForm Power

Brookfield Renewables has announced that it has made a non-binding, all-share proposal to acquire the outstanding shares of TerraForm Power Brookfield Renewables Partners has announced that it has made a non-binding, all-share proposal to acquire the outstanding Class A common shares of TerraForm Power, other than the 62 percent owned by Brookfield Renewable and its […]

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Jolywood to Supply Solar Panels for Largest Bifacial Plant in Middle East

Jolywood has been named the exclusive bifacial module supplier for the world’s largest single-unit N-type solar power station in Oman, Middle East. Jolywood (Suzhou) Sunwatt Co has announced that it has been named the exclusive bifacial module supplier for the world’s largest single-unit N-type solar power station in Oman, Middle East. The firm has delivered 105 MWac of solar […]

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Cheaper EV Could help Tesla hit Targets by mid-2020s: WoodMac

Tesla has announced its plans to capture 1% of all car sales globally, WoodMac projects that it will meet the targets by 2024 if it launches a cheaper EV In Q3 2019, Tesla announced its plans to capture 1 percent of all car sales globally. With its current portfolio of luxury cars, the company is […]

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ACWA Power to Build 240 MW Wind Project in Azerbaijan

ACWA Power has signed an implementation agreement with the Ministry of Energy of Azerbaijan for building and operating a 240 MW wind power project in the country. ACWA Power has announced that it has signed an implementation agreement with the Ministry of Energy of Azerbaijan for developing, building and operating a 240 MW wind power […]

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Sustainable Debt Issuance Records 78% Growth to $465 bn in 2019: BNEF

A new record was set in 2019 for the volume of sustainable debt issued globally in any one year, with the total hitting USD 465 billion globally A new record was set in 2019 for the volume of sustainable debt issued globally in any one year, with the total hitting USD 465 billion globally, up […]

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