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Scatec Solar Introduces Solar Plant Leasing Service ‘Release’

Scatec Solar is launching a new service that will offer industrial players in emerging markets access to flexible, reliable and low-cost power through solar plant leasing. The new service, called Release- by Scatec Solar, offers companies flexible leasing agreements of pre-assembled solar and battery equipment, from 1 to 20 MW capacity. The solution is particularly […]

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Canadian Solar Sets World Record Efficiency With P5 Casted Mono Solar Cells

Canadian Solar has set a new world record of 22.80 percent conversion efficiency for p-type large area multi-crystalline silicon solar cells. Canadian Solar, one of the world’s largest solar power companies, has announced that its technology team has set a new world record of 22.80 percent conversion efficiency for p-type large area multi-crystalline silicon solar […]

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ADB Approves $350 mn Loan to Reform the Energy Sector in Pakistan

ADB has decided to shortly approve a loan worth USD 350 million for reforms and financial sustainability programmes in the Pakistan energy sector. The Asian Development Bank (ADB) has decided to shortly approve a loan worth USD 350 million for reforms and financial sustainability programmes that aims to address fiscal, governance, technical and policy deficits […]

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Duke Energy Renewables Acquires 200 MW Texas Solar Plant From Canadian Solar

Duke Energy Renewables is expanding its solar energy portfolio by acquiring the 200 MW Rambler solar project in Texas from Canadian Solar. Duke Energy Renewables, a subsidiary of North Carolina-based power utility Duke Energy, is expanding its solar energy portfolio by acquiring the 200 megawatts (MW) / 266 megawatts peak (MWp) Rambler solar project from […]

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EDP Issues EUR 600 Million Green Bond

EDP has priced an issuance of green bonds of € 600 million, the proceeds of which will be used for the financing or refinancing its green project portfolio EDP Finance BV has priced an issuance of a green bond in the total amount of EUR 600 million maturing in September 2026 with a coupon of […]

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Europe Solar Technology Contracts Activity Drops 64% in Q2 2019

Europe solar technology contracts in Q2 2019 saw 51 contracts announced, marking a drop of 64 percent over the last four-quarter average of 143 contracts Europe solar technology contracts in the second quarter (Q2) of 2019 saw 51 new contracts announced, marking a drop of 64 percent over the last four-quarter average of 143, according […]

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Ørsted’s Taiwanese Offshore Wind Farm Generates First Power

Ørsted has announced that the second phase of Formosa 1, Taiwan’s soon-to-be first commercial-scale offshore wind farm, produced first power. Danish wind energy major and the leading offshore wind energy firm in the world, Ørsted has announced that on September 5, 2019, the company’s second phase of Formosa 1, Taiwan’s soon-to-be first commercial-scale offshore wind […]

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RE Producers can Move NCLT Against Discoms Over Dues: RK Singh

Flagging non-payment of dues by Discoms to renewable energy producers, RK Singh has cautioned states that the developers could approach NCLT Flagging non-payment of dues by power discoms to renewable energy producers, Union Power Minister RK Singh has cautioned seven states, including Maharashtra and Karnataka, that the developers could approach NCLT against the distribution companies to recover payments of […]

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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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