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global south

Sterling & Wilson Commissions 66 MWp Solar Energy Project in Jordan

Sterling and Wilson Solar Limited, a leading solar EPC and O&M solutions provider, has commissioned a 66 MWp Al Husainiyah solar power plant in Jordan. The project, located on an area of 1.3 sq. km in Ma’an Governorate, 200 km south of Amman, was executed with more than 850,000 safe manhours during the pandemic, by […]

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AIIB and IRENA Team-Up to Accelerate Asia’s Energy Transition

The Asian Infrastructure Investment Bank (AIIB) and the International Renewable Energy Agency (IRENA) have signed a memorandum of understanding (MOU) committing to work together to support Asia’s energy transition and mobilize greater private capital for renewable energy. The agreement was signed today by AIIB President Jin Liqun and IRENA Director-General, Francesco La Camera, at a […]

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Offshore Wind Market to be Worth $93.7 B by 2028: Zion Market Research

The global offshore wind energy market accounted for USD 44.8 Billion in 2020 and is expected to reach USD 93.7 Billion by 2028, growing at a CAGR of around 9.1% between 2021 and 2028, finds Zion Market Research. Wind power generation uses turbines to convert wind energy into electricity. The energy of the wind turns […]

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Sungrow Reports $1.26 Billion Revenue in H1 FY21

Inverter solutions supplier Sungrow has released its semi-annual report, reporting a net income of 757 million yuan (about 116.42 million US dollars), with a year-over-year increase of 69.68%, in H1 FY21. The company’s revenue was 8.21 billion yuan (1.26 billion US dollars) during this period, with a year-over-year increase of 18.27%. The highlights of H1 FY21 […]

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NZ’s Infratil To Invest in Renewable Platform In Singapore

New Zealand-based investment firm Infratil is investing $233m in a renewable energy development platform in Singapore. The new platform will be called Gurīn Energy. Infratil CEO Jason Boyes said that “this is the 4th such platform Infratil has established to cover global growth of the sector. Infratil will own the business in partnership with the […]

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TRIG Completes Buyout Of StatKraft Solar Projects in Spain

Norwegian state-owned firm Statkraft has confirmed the sale of a portfolio of solar projects in southern Spain for an undisclosed sum to The Renewable Infrastructure Group, (TRIG), managed by InfraRed Capital Partners and RES. Statkraft will maintain responsibility for the construction of the four solar parks, which will be co-located in Cadiz and have a total […]

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Eaton, NREL, Ballard to Develop Heavy-Duty Truck Fuel Cell Technology

Dublin-based power management company Eaton’s Vehicle Group has partnered with fuel system manufacturer Ballard Fuel Cell Systems, and the Department of Energy’s National Renewable Energy Laboratory (NREL), to develop heavy-duty truck fuel cell technology. The partnership is the result of a grant Eaton’s Vehicle Group received from the U.S. Department of Energy to develop highly […]

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TotalEnergies Commits To 1 GW of Solar Capacity For Iraq

TotalEnergies, the Iraqi Ministries for oil and electricity, and the country’s National Investment Commission have signed, in the presence of the Prime Minister of Iraq, agreements covering several projects in the Basra region in Iraq, designed to enhance the development of Iraq’s natural resources to improve the country’s electricity supply. Iraq, a country rich in […]

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