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China’s March Jump in PV Exports Unlikely To Sustain

China-based manufacturers got some relief in March, as PV equipment exports spiked 160 percent to 7.49 GW over the 2.83GW figure for February 2020. March was when most Chinese manufacturers restarted operations after the lockdown and disruptions caused there, by the Covid-19 outbreak. A resumption to full production is still in doubt, with restrictions rolling […]

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WoodMac’s Weekly Roundup: Covid-19 Impact on Power, RE Industry Globally

One of the leading research and consultancy group, Wood Mackenzie (WoodMac) has provided its weekly analysis on the impact of coronavirus on the power and renewable energy industry globally. As per the report preliminary findings, solar and storage are expected to see ~20 percent coronavirus impact as compared to the base case. Whereas onshore wind […]

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JinkoSolar Announces Favourable Developments in Patent Litigation

JinkoSolar has announced two separate, significant developments in its defence against patent litigation initiated by Hanwha Q CELLS. JinkoSolar, one of the largest solar module manufacturers in the world has announced two separate, significant developments in its defence against patent litigation initiated by Hanwha Q CELLS. In March 2019, Hanwha initiated the US International Trade […]

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Ind-Ra Withdraws Sterling & Wilson Solar’s CP Ratings on Request

Credit rating agency India Ratings and Research (Ind-Ra) has withdrawn its rating assigned to Sterling & Wilson Solar (SWSL), a Shapoorji Pallonji Group company, on the Rs 300 crore Commercial Paper (CP) programme. The company said that “on its request, India Ratings & Research has withdrawn the ratings assigned on the Rs 300 crore Commercial […]

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Ecolog Signs MoU to Commercialize its Low Cost, Lightweight, Portable Solar Solution

Ecolog International, a leading provider of integrated solutions, has entered into a strategic Memorandum of Understanding (MoU) with Australia’s Centre for Organic Electronics at the University of Newcastle to commercialize its revolutionary low-cost, lightweight and highly portable solar energy solution. The company claimed that it’s Ecolog Energy Solution™ will disrupt the decentralized energy marketplace by […]

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Renewables Account for Almost Three Quarters of New Capacity in 2019

The renewable energy sector added 176 GW of generating capacity globally in 2019, which is marginally lower than 179 GW added in the previous year. According to data released by the International Renewable Energy Agency (IRENA), new renewable power accounted for 72 per cent of all power expansion last year. IRENA’s Renewable Capacity Statistics 2020 shows that […]

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Europe’s Cheapest Corporate Solar and Wind PPAs in Spain, Sweden: BNEF

Spain and Sweden respectively have the cheapest average corporate PPA prices in Europe for wind and solar electricity, according to a new survey. Spain and Sweden respectively have the cheapest average corporate PPA prices in Europe for wind and solar electricity, according to a new survey. The BloombergNEF’s (BNEF) 1H 2020 European Corporate PPA Price […]

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Canadian Solar Raises $30 Mn from CPDFund to Develop Solar Farms in Brazil

Nasdaq-listed Canadian Solar has raised USD 30 million in funding from the China-Portuguese Speaking Countries Cooperation and Development Fund (CPDFund). The Canadian solar photovoltaic (PV) modules manufacturer aims to deploy the funding raised for the development and construction of solar projects in Brazil. As of now, the Canadian company has 1.7 GW of solar PV projects developed and awarded […]

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Acciona to Build 1026 MW Wind Farm in Queensland Worth EUR 1 Bn

Acciona has announced that it will build its largest-ever wind farm in Australia, the MacIntyre complex in Queensland, with a total capacity of 1026 MW. Acciona has announced that it will build its largest-ever wind farm in Australia, the MacIntyre complex in Queensland, with a total capacity of 1026 MW. The project will boost the […]

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