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clean energy investment

LONGi to Supply 600 MW Modules for JV With Engie

Xi’an-headquartered major solar PV manufacturer LONGi recently announced the signing of a framework agreement with Engie Solar (Engie Group), a French multinational electric utility company. To kickstart the process, 600 MW of the Chinese manufacturer’s high efficiency PV modules have been committed for projects in several geographies. Dennis She, Senior Vice President of LONGi Solar, commented, “LONGi […]

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Seven Key Principles for Implementing ‘Net-Zero’ Emissions: IEA

The International Energy Agency (IEA) presented ‘The Seven Key Principles for Implementing Net Zero’ at the IEA-COP26 Net Zero Summit, held last month, which were then adopted by many IEA Member Countries to guide the implementation of net zero commitments. Over 120 countries have so far announced their intention to bring emissions to net zero […]

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Covid-19 Couldn’t Crush India’s Electric Car Sales in 2020; They rose 41%

According to the latest report by the International Energy Agency (IEA), electric car sales increased by 41% in 2020 even though the corona virus pandemic led to a serious fall in the world’s economic growth, causing global car sales to fall by 6%. The report shows that 4.6% of overall car sales in 2020 was […]

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26% increase in Solar Power Generation in the U.S. in 2020

Solar power generation in the US has seen a massive increase in the last twenty years. According to data presented by Trading.Platforms.com, solar power generation in the US increased by 26% year on year in 2020, producing just under 91,000 Million Kilowatt Hours of solar thermal and photovoltaic (PV) power. The data shows that in the […]

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Biden Administration Selects 5 GW Mega Solar Project in Africa

Mega Solar is a partnership between the Govts of Namibia and Botswana, and others, which is expected to generate up to 5 GW of solar power. US President Biden recently hosted a virtual Leaders Summit on Climate to catalyse global ambition to address the climate crisis. The Summit convened world leaders to galvanize efforts to […]

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Chinese Consortium to Invest and Finance 1.1 GW Solar Farm in Brazil

The consortium of CDIL & CMEC have entered into a development agreement for the EPC and financing of a 1.1 GW solar project in Brazil The consortium of China Development Integration Limited (CDIL) and China Machinery Engineering Corporation (CMEC) has announced that they have entered into a development agreement in relation to the EPC+F (engineering, […]

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NYSERDA to repurpose former Benson mine into 20 MW solar plant

Yesterday, Governor Andrew M. Cuomo, the 56th governor of New York State, announced a lease-option agreement for the first build-ready site in New York State, under which the New York State Energy Research and Development Authority (NYSERDA) will repurpose the formerly mined land in St. Lawrence County into one of the largest solar projects in […]

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US DOE to Issue $8.25 Bn in Loans to Enhance Transmission Nationwide

The US DOE has announced the availability of up to USD 8.25 billion in loans for efforts to expand and improve the US transmission grid. In support of the Biden Administration’s commitment to modernise the nation’s power grid and infrastructure and deliver 100 percent clean energy to businesses and homeowners by 2035, the US Department […]

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New Consortium US-MAC aims to Raise CdTe PV Efficiency to 30%

A timely response to the global need for clean energy has come from universities and research centres like Colorado State University (CSU), the Wright Center for Photovoltaics at the University of Toledo, and the National Renewable Energy Laboratory (NREL), as well as US-based commercial solar companies working with Cadmium Telluride (CdTe) thin-film solar panel manufacturing, which […]

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