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Innolia Energy Invests Rs 225 cr in PV Modules, EV Products Manufacturing

Innolia Energy has launched a project worth Rs 225 crore to set up a manufacturing facility in Hyderabad for solar modules, lithium battery and EV products US-based Innolia Energy has recently announced that it has launched a project entailing an investment of Rs 225 crore to set up a manufacturing facility in Hyderabad for solar modules, lithium battery and electric […]

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India, China to Collaborate in R&D for Manufacturing Improved Solar Cells

India and China have agreed on cooperation in the R&D of new and improved technology for the manufacturing of solar cells India and China have agreed on cooperation in the Research and Development (R&D) of new and improved technology for the manufacturing of solar cells from alternate material with improvement in their conversion efficiencies. Both sides have […]

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European Utilities, Strategic Vendors Dominate EV Charging M&A Activity

Strategic vendors and European utilities were responsible for over 80 percent of EV charging M&A activity from 2010 through H1 2019 A new report has revealed that strategic vendors – companies that offer products or services in the EV market – and European utilities were responsible for over 80 percent of electric vehicle (EV) charging […]

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IFC Raises $569 mn From 1st Canadian Green Bond

IFC has issued its 1st Canadian dollar green bond, raising USD 569 million for climate-smart business. The International Finance Corporation (IFC), a member of the World Bank Group, has issued its first Canadian dollar green bond, attracting strong investor demand and raising CAD750 million (USD 569 million) for climate-smart business. The proceeds of the five-year […]

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Solar Leads as RE Investment Skyrocket Past $2.5 Trillion

In the last ten years, the investments in the renewable energy sector have crossed the threshold of 2.5 Trillion dollars with solar at the top. The decade of investment (2010‐2019) quadruples renewables capacity from 414 GW to about 1,650 GW Solar capacity alone will have risen to more than 26 times the 2009 level — […]

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LONGi Shipped Over 2 Billion Mono Wafers in H1 2019, Revenue up 41%

LONGi Solar has released its H1-2019 report to shareholders, reporting stellar financial results and significant capacity achievements. Xi’an, China headquartered LONGi Solar has released its 2019 semi-annual (H1) report to shareholders, reporting stellar financial results and significant capacity achievements.  According to the financial report, the company’s operation revenue in the first six months of the […]

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Australia Says 2020 Clean Energy Targets Met This Year

The CER informed that on August 30, 2019, this milestone was met ahead of schedule. But despite this nugget of good news, Australia has been walking backward on climate change. Australia’s’ Clean Energy Regulator (CER), in an official statement, has confirmed that it has now enough approved capacity to guarantee that its renewable energy targets of […]

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Growatt 2nd Amongst Chinese Firms for Solar Inverters Exports in H1 2019

The global solar market is booming, and Chinese inverter exports reached a record level in the H1 2019, Growatt came after Huawei in the 2nd place with 86,153 inverter exports The global solar market is booming, and the Chinese inverter exports reached a record level in the first half of 2019. According to the data […]

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JinkoSolar Announces Quarterly Results, Module Shipments Jump Over 21%

JinkoSolar recently announced its financial results for the second quarter of the year, reporting an increase of 21.2 percent in module shipments China-based solar module and panel manufacturer, JinkoSolar recently announced its unaudited financial results for the second quarter of the year, reporting an increase of 21.2 percent in module shipments over the three months. […]

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