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Canadian Solar Inc., one of the world’s largest solar power companies, announced its financial results for the third quarter ended September 30, 2016. Third Quarter 2016 Highlights Total solar module shipments were 1,185 MW, of which 1,161 MW was recognized in revenue, compared to 1,290 MW recognized in revenue in the second quarter of 2016, and […]
Global power and utilities deal value continued to decline for the fourth consecutive quarter — falling 8% to US$39.7b in Q3 2016 compared to the previous three months — according to the EY Power transactions and trends Q3 2016 report. Regulated network assets remained the investment of choice for buyers across regional markets seeking stable long-term returns. Transmission and […]
Sunworks, Inc., a leading provider of solar power solutions for commercial and residential markets, today announced its strategic teaming arrangement with Keystone Aerial Surveys, Inc., a Philadelphia, Pennsylvania-based company at the forefront of airborne imagery services and products. “We are excited to welcome Keystone Aerial Surveys, Inc. to the Sunworks team in a strategic arrangement that […]
Power Grid Corporation of India Limited (PGCIL) has sought a loan of US$ 1,000 million for green energy corridor from the Asian Development Bank (ADB). The USD 1,000 million loan comprises Sovereign guaranteed loan of US$ 500 million and Non-Sovereign loan of US$ 500 million said Piyush Goyal, Minister of State (IC) for Power, Coal, […]
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 […]
ACWA Power is all set to launch a new clean energy company to accelerate growth of its current renewable energy portfolio of 1 GW and capitalize on the rapidly growing market potential for renewable energy in emerging markets. According to UN Environment Programme (UNEP) in 2015, US$266 billion was invested globally in renewable power capacity, […]
Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has signed an agreement at the India-UK Tech Summit with Sensus, a Xylem brand, and global supplier of smart meters and utility-grade communications systems. The agreement will enable MSEDCL to pilot FlexNet, Sensus’ Advanced Metering Infrastructure (AMI) solution, in MSEDCL, Nagpur area on a trial basis. This technology […]
Schneider Electric has launched “Light It Up” programme to bring access to electricity to rural communities in 12 countries across the Asia Pacific region. The company in a statement said that it believes that access to energy is a basic human right, and it is committed to putting safe, reliable, efficient and sustainable energy within reach of a great many […]
Solar power has been identified as one of the emerging sectors of future growth. The solar energy is abundant in our country, and India gets normally 300 days of solar radiation in a year. The inexhaustible sun power not only augments energy generation, but also contributes towards the improvement of environment, energy conservation, and additional […]
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