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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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GWEC Predicts 330 GW of new Wind Capacity by 2023

The GWEC updated market outlook has predicted an additional 330 GW of new wind energy capacity will be added to the global energy market from 2019 to 2023 The Global Wind Energy Council’s (GWEC) recently released updated market outlook has predicted an additional 330 GW of new wind energy capacity will be added to the […]

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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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Terra-Gen Closes Financing for 400 MW Wind Facility

Terra-Gen has closed construction financing of value USD 650 million for its 400 MW High Prairie Wind Power Facility under development in Missouri Leading independent renewable energy provider Terra-Gen has closed construction financing on its 400-megawatt (MW) High Prairie Wind Power Facility. The USD 650 million financing resulted from the attractive development attributes of the project, its […]

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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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India Pitches for Financial Support to Achieve Paris Agreement Targets

India has raised the pitch for finance and technology support to developing nations to achieve the Paris Agreement goals it had set in 2015 In the run-up to two key UN summits on Climate Change, India has raised the pitch for finance and technology support to developing nations to achieve the Paris Agreement goals of […]

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