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energy markets

Amtech Mulls to Sell Solar Biz; Aims to Focus on Profitable Semiconductor Biz

The reason behind selling its solar assets is that significant investment is required to effectively compete in the changing solar industry. US-based Amtech Systems has decided to divest it’s solar businesses, including Tempress and SoLayTec subsidiaries, along with an aim to focus solely on growth opportunities in it’s a semiconductor and SiC/LED polishing businesses. The […]

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More than 300 GW of New Wind Capacity to be Added in Next 5 Years : GWEC

GWEC forecasts over 300 GW of wind capacity to be added in the next 5 years, with growth to come from emerging markets and offshore wind. According to a new report, 2018 was a positive year for the wind industry, with 51.3 GW of new installations. With market-based mechanisms, such as auctions, tenders and Green […]

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LONGi Solar Wins Order For Ukraine’s Second Largest Solar Plant

LONGi Solar will deliver 63.8 MW monocrystalline PERC modules and provide technical support during project implementation. In Ukraine, the second-largest solar power plant in Panovtsy, Kamianets-Podilskyi, in the Khmelnytskyi district, has been put into operation. The solar power plant is a joint venture of ICU, an independent asset manager, private equity, and investment advisory firm […]

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Nordex Group Bags 166 MW Wind Turbines’ Order in Argentina

The contract for the wind farm has been awarded by Genneia, a renewable energy Independent Power Producer in Argentina European wind turbine maker Nordex Group today announced it has bagged an order for supplying 38 wind turbines with a combined capacity of 166 MW in Argentina. “For the first time, the Group is supplying turbines […]

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$130 Mn Grant For Early-Stage Solar Research Project

The U.S. Department of Energy (DOE) announced up to $130 million for new research to advance early-stage solar technologies. These projects will help to achieve affordable and reliable energy to enhance America’s economic growth and energy security. “Solar is an integral part of the Administration’s ‘all-of-the-above’ energy strategy,” said U.S. Secretary of Energy Rick Perry. “This cutting-edge, […]

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Plunging Costs of Lithium-Ion Batteries on the Verge of Displacing Coal, Gas

Two technologies that were immature and expensive only a few years ago but are now at the center of the unfolding low-carbon energy transition have seen spectacular gains in cost-competitiveness in the last year. The latest analysis by research company BloombergNEF shows that the benchmark levelised cost of electricity, or LCOE, for lithium-ion batteries has […]

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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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