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I Squared Capital to Sell its Largest Solar Portfolio in Taiwan to Marubeni

An independent global infrastructure investment manager I Squared Capital, through its ISQ Global Infrastructure Fund I, has entered into an agreement to divest its entire stake in Chenya Energy to Japanese firm Marubeni Corporation. Chenya Energy, which is currently building the world’s largest floating solar project, is a dedicated solar development, construction and operating company […]

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Renewable Energy to Employ 42 Mn People by 2050, 26 Mn in Asia: IRENA

The number of people employed in renewable energy could reach 42 million globally by 2050, up from 12 million in 2017, according to a new recent report The number of people employed in renewable energy could reach 42 million globally by 2050, up from about 12 million in 2017, according to a recent report by the International Renewable Energy Agency (IRENA). […]

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JPMorgan Commits $200 Bn to Facilitate UN SDGs and Green Initiatives

JPMorgan Chase is taking additional steps to address climate change and further promote sustainable development through a USD 200 billion commitment In 2017, JPMorgan Chase made two sustainability commitments: to facilitate USD 200 billion in clean financing by 2025 and source renewable energy for 100 percent of its global power needs by 2020. And that […]

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Huawei Supplies Smart PV Solutions for 11 Solar Projects in Spain

Huawei, one of the world’s leading solar inverter manufacturers, has supplied its innovative end-to-end smart photovoltaic (PV) solutions for 11 solar projects in Spain. These projects were developed by X-Elio, a specialist in the development, construction and operation of solar plants with a global presence in the Europe – Spain, Italy, United States, Mexico, Chile, […]

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Energy Storage to Accelerate Global Energy Transition: WoodMac

The global energy storage market is set to grow from 4 GW of annual deployments in 2019 to more than 15 GW in 2024, according to a new analysis The global energy storage market is set to grow from approximately 4 GW of annual deployments in 2019 to more than 15 GW in 2024, according […]

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Northland Power Expands Offshore Wind Pipeline in Asia

Northland Power will acquire Dado Ocean Wind Farm, a development company with multiple early-stage offshore wind development sites in South Korea. Canadian firm Northland Power has announced the signing of an agreement to acquire Dado Ocean Wind Farm, a development company with multiple early-stage offshore wind development sites near Chodo Island, off the south coast […]

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Goldi Solar Ranked Among ‘Bankable Tier 1’ Solar Module Makers by BNEF

Gujarat-headquartered Goldi Solar Pvt Ltd has been ranked among the ‘Bankable Tier 1’ solar module makers by the Bloomberg New Energy Finance (BNEF), an international research organisation, for the first quarter of 2020. BloombergNEF has developed its tiering system for photovoltaic (PV) module manufacturers to create a transparent differentiation between hundreds of manufacturers of solar […]

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EDP Renewables Posts 52% Rise in net Profit to Reach EUR 475 Mn

EDP Renewables has announced its full-year results for 2019, posting total revenues of EUR 1,824 million and Net Profit amounting to EUR 475 million. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world with a presence in 14 countries, has announced its […]

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 Behind TW Solar’s Tongwei Speed

Tongwei Solar  or TW Solar, as it is known in the industry, is probably not a name that comes up readily among a roll call of market leaders from China, especially for readers in India. But readers are missing something big here. The Size That Matters TW Solar is the world’s largest solar cell manufacturer […]

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