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energy markets

ARENA Finances Project to Examine Viability of Using RE in Metal Production

ARENA is funding Element 25’s project to examine the viability of producing metals using renewable energy sourced from wind and solar farms. The Australian Renewable Energy Agency (ARENA), on behalf of the Australian government has granted $490,000 in funding to mining and metals company Element 25 Limited (E25) to examine the viability of using renewable […]

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JinkoSolar: A Big Jump in Sales and Margin in 2018

Chinese Solar module manufacturing giant JinkoSolar has reported a sizeable jump in its shipments and margins in 2018. The news was revealed in the company’s 2018 financial results, published March 22. For 2018 on a consolidated basis across its business, JinkoSolar posted a module shipment of 11.4GW in 2018 — a 16 percent increase from the previous year, […]

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Quantum Materials Licenses its Thin Film Cell Tech “Quantum Dot” For Indian Manufacture

Leading American cadmium-free quantum dot and nano-materials manufacturer Quantum Materials Corp has received an initial $500K (Rs 3.44 crore) along with confirmation that the $500K balance payment is in the process as part of the upfront license fee for the License and Development Agreement consummated with Amtronics CC. The license is the foundation for the […]

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723 GW of New Wind Capacity Expected in the Next Decade : WoodMac

Wood Mackenzie Power and Renewables ‘Global Wind Power Market Outlook Update: Q1 2019’ report predicts the additions of nearly 723 GW of new wind capacity in the decade leading up to 2028. According to the report, 50.2GW of new wind power was added globally in 2018, a 4% increase Year on Year (YoY) and the […]

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NRG Systems and ZX Lidars Seal New Partnership

With the Wind Energy market getting a second wind on the back of offshore sites and wider markets opening up in Asia and South America, consolidation and partnerships are starting up in the sector. NRG Systems, Inc., a designer and manufacturer of smart technologies for a range of wind, solar, and meteorological applications, has announced […]

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EXIM Bank Extends 3 LOCs Worth $83.11 Mn to Congo For 3 Solar Projects

The loan will be utilised for financing three solar photovoltaic power projects with a total capacity of 35 MW in the three provinces — Karawa, Mbandaka and Lusambo. The Export-Import Bank of India (Exim Bank0 has, on behalf of the Government of India, extended 3 Lines of Credit (LOC) aggregating USD 83.11 million to the […]

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World Bank and AfDB Commit $ 47 billion For African Climate Finance

The World Bank and the African Development Bank have together committed close to $47 billion to African countries, for the period up to 2025 to fight climate change. In a significant announcement to provide much-needed financing for African countries likely to face the increasing effect of climate change, the funds’ pipe from the World Bank […]

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Shell and Eneco to Co-Develop Offshore Wind Farms in Dutch Part of North Sea

The wind farms are expected to have a total installed capacity of about 760 MW, which is enough to supply around 1 million households with green energy. Royal Dutch Shell has teamed up with energy solutions company Eneco and builder Van Oord to develop two wind farms in the Dutch part of the North Sea. […]

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100MW Solar-Fishery Plant Takes the Lead with Huawei 1500V Smart PV Solution

Multipurpose use of land increases both the agriculture and fishery revenue and improves the integrated utilisation efficiency of land. The Sihong 100MW PV project, a solar-fishery plant constructed by SPIC Jiangsu Electric Power Co., Ltd. in China has taken a step towards the lead in grid-tied power generation, with the use of the most advanced Huawei […]

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