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LONGi’s H1 FY21 Results Out: US$5.438 B Revenue Reported

Chinese module manufacturer LONGi has released its financial results for the first half of 2021, reporting revenue of 35.098 billion yuan (around US$5.438 billion), an increase of 74.26% compared to the same period of last year. The company earned a net profit of 4.993 billion yuan (around US$773.688 million), up 21.30% over the prior-year period. […]

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REI Expo 2021 Is Back. Important Dates and Details

The Renewable Energy India (REI) Expo, among Asia’s largest and most influential expo’s in the RE space by Informa Markets in India, is back this year in its 14th epic edition in a physical format. Scheduled for 15th – 17th September 2021 at the India Expo Mart, Greater Noida, REI is supported by Indian Biogas Association (IBA), […]

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Belgian Companies Unveil ‘World’s 1st H2-powered Excavator’

Belgian companies CMB.TECH (a hydrogen solutions firm) and Luyckx (a crane equipment manufacturer) have recently presented the “first hydrogen-powered dual fuel excavator,” which is meant to provide gradual ecological development within the heavy construction and earthmoving sector. With this machine, companies within the sector can embark on energy transition with today’s machines without being permanently dependent […]

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RWE to Procure 200 MW of Storage from LG for US Solar Project

German company RWE Renewables has signed contracts with South Korea-based LG Energy Solution to receive an integrated battery energy storage system (BESS) for two of RWE’s upcoming projects with co-located solar PV facilities in the U.S. “We’re delighted to join forces with LG Energy Solution to secure equipment helping us realize two important solar plus […]

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Lowest Bid of $0.01332/kWh Reported in Chile’s Renewables Auction

The National Energy Commission of Chile (CNE) held a 2.31 TWh/year renewable energy auction last week, in which the lowest bid was submitted for $0.01332/kWh for a solar PV project. 29 bidders took part in the bidding process, which was conducted by Empresas Eléctricas AG and by Enel, to provide electricity to the National Electric System […]

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Australia, Where Rooftop Solar Could Meet 77% Of Power Demand By 2026

In recent time, Australia — one of the sunniest places on the planet — has emerged as a world leader in the rooftop solar market. As of now, households have installed 14 GW of solar panels. By 2025, this figure is set to increase by 8.9 GW. The reasons for this expansion include the subsidies offered, […]

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Scientists in Korea Increase Efficiency of Green H2 Production

A team of researchers from Pusan National University, Korea, led by Professor Kandasamy Prabakar, has developed a method to design a novel electrocatalyst that can eliminate issues of efficiency in the production of green hydrogen through electrolysis. Their work was made available online on April 6, 2021, and will be published in print in the […]

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New Green Standards Proposed for Power Gen Companies in Singapore

In order to reduce its carbon footprint, Singapore has proposed new green standards for power generation companies operating in the country. The country currently relies on natural gas — a fossil fuel — to fulfil over 95% of its energy needs.  However, in April this year, the island nation achieved its target for the year […]

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