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australia

Is the ‘Lucky Country’ Pushing Its Luck with Climate Change?

Australia, for long the ‘lucky country’ due to a variety of reasons, especially its size, abundance of natural resources and some would say, distance from the rest of the world, is finally feeling the heat from climate change, activists say. Is that true? And How well prepared is Australia to do its bit? Just over […]

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Debt-Ridden Suzlon Working on a Resolution Plan

Suzlon Energy is working on a resolution plan and lenders have till January to work on a sustainable resolution plan before taking any extreme steps. Wind-turbine maker Suzlon Energy has confirmed that the company is working on a resolution plan and lenders have time till January next year to work on a sustainable resolution plan before taking any extreme steps. “The […]

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Europe to Lead RE Cost Reductions for Offshore Wind Through 2028

The levelised cost of energy (LCOE) in Europe for bottom-fixed offshore wind will fall from an average of USD 133/MWh in 2019 to USD 51/MWh in 2028 Europe’s levelised cost of energy (LCOE) for bottom-fixed offshore wind will fall from an average of USD 133/MWh in 2019 to USD 51/MWh in 2028, according to new […]

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Neoen and Tesla to Expand World’s Largest Li-ion Battery System

Neoen has announced a 50 percent expansion of its Hornsdale Power Reserve in South Australia that will be supported by Tesla. Neoen, one of the world’s leading and fastest-growing independent producers of exclusively renewable energy, has announced a 50 percent expansion of its Hornsdale Power Reserve in South Australia that will be supported by Tesla. […]

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GCL and Powin Energy JV to Deliver Energy Storage Solutions

GCL SI and Powin Energy have announced a JV, G-Powin Energy Solution, to expand their energy storage business in the Asia-Pacific region. GCL System Integration (GCL SI) and Powin Energy have announced a joint venture (JV), branded as G-Powin Energy Solution, to expand their energy storage business in the Asia-Pacific region. “GCL SI has supplied over 18 GW of […]

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Sterling and Wilson Solar Net Profit up 36% in Q2 2019, Stock Slumps

Sterling and Wilson Solar has reported a 36 percent rise in consolidated net profit at Rs 79.40 crore for the second quarter of this fiscal. Sterling and Wilson Solar on November 15, 2019, issued its financial results for the quarter ended September 30, 2019, reporting a 36 percent rise in consolidated net profit at Rs 79.40 crore […]

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Jinko’s High Efficiency Module Tiger Already Places the Company Ahead of Competitors

JinkoSolar’s worldwide market share has grown significantly over the past few years. Its continuous improvements in product line has reflected well into its increasing sales per quarter. Market entry of new Tiger module launched at All Energy Australia last month, has been reviewed well with marked gains in efficiency and overall performance. 460 Wp Tiger […]

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Octopus Acquires 9 Wind Farms from RES Group in $110 mn Deal

Octopus Renewables has agreed to purchase 9 wind energy farms in the UK, France and Ireland from RES Group for USD 110 million Octopus Renewables has agreed to purchase nine wind energy farms in the UK, France and Ireland from RES Group for a reported fee in the region of GBP 100 million (USD 110 […]

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Hexagon Peak, Huawei Ink Pact for 200MW Solar Projects in Vietnam

China-based one of the leading photovoltaic (PV) inverter makers, Huawei has entered into an agreement with Hexagon Peak, the project development arm of Hexagon Holdings Singapore, for Hexagon’s pipeline of 200 MW utility scale projects in Vietnam, which estimated COD in first quarter of 2021. Commenting on the partnership, Hexagon Peak, Chief Executive Officer, Milan […]

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