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Guidelines Issued for PLI Scheme for Solar Modules; IREDA to be Implementing Agency

MNRE has issued the guidelines for the implementation of the PLI scheme for high-efficiency solar PV modules. The Ministry of New and Renewable Energy (MNRE) in a ministry wide notification has announced the sanction of the President for implementation of the Production Linked Incentive (PLI) scheme ‘National Programme on High-Efficiency Solar PV Modules’ for achieving […]

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Seven Key Principles for Implementing ‘Net-Zero’ Emissions: IEA

The International Energy Agency (IEA) presented ‘The Seven Key Principles for Implementing Net Zero’ at the IEA-COP26 Net Zero Summit, held last month, which were then adopted by many IEA Member Countries to guide the implementation of net zero commitments. Over 120 countries have so far announced their intention to bring emissions to net zero […]

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Iberdrola, bp & Enagás to Study Largest Green H2 Production in Valencia

Bilbao-based Spanish energy giant Iberdrola has recently revealed that it is collaborating with gas and oil companies Enagas and bp to study the feasibility of  building, at bp’s refinery in Castellón, the first phase of the largest green hydrogen production facility in the region of Valencia. The study aims at examining the possibility of installing […]

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Engie to Develop 2 GW Renewable Energy in Chile by 2025

French multinational electric utility company Engie recently presented a comprehensive plan at the Presidential Palace of Chile for its operations in the country, including the development of 2 GW of renewable energy capacity and the end of its 1.5 GW of coal-fired power generation activities by 2025, both of which are part of the firm’s ambition […]

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LONGi Releases Q1 2021 and Full Year 2020 Results

Chinese solar PV manufacturer LONGi has released its 2020 annual report to shareholders across the world, displaying a steady growth in revenue and a substantial rise in global shipments. During 2020, the company continued with its customer value oriented approach, providing reliable and efficient products and services to the market. According to the annual report, LONGi […]

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Covid-19 Couldn’t Crush India’s Electric Car Sales in 2020; They rose 41%

According to the latest report by the International Energy Agency (IEA), electric car sales increased by 41% in 2020 even though the corona virus pandemic led to a serious fall in the world’s economic growth, causing global car sales to fall by 6%. The report shows that 4.6% of overall car sales in 2020 was […]

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26% increase in Solar Power Generation in the U.S. in 2020

Solar power generation in the US has seen a massive increase in the last twenty years. According to data presented by Trading.Platforms.com, solar power generation in the US increased by 26% year on year in 2020, producing just under 91,000 Million Kilowatt Hours of solar thermal and photovoltaic (PV) power. The data shows that in the […]

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Advanced Power Achieves Financial Close of 140-MWdc Cutlass Solar project

Advanced Power announced today that it has successfully closed the financing of Cutlass Solar, a 140-MWdc photovoltaic solar electric generating facility located in Fort Bend County, Texas. Advanced Power, together with its co-investors, ENEOS Corporation (“ENEOS”) and Fuyo General Lease Co., Ltd. (“Fuyo”), are the owners of the facility. CIT Bank, N.A., Credit Agricole Corporate & […]

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Biden Administration Selects 5 GW Mega Solar Project in Africa

Mega Solar is a partnership between the Govts of Namibia and Botswana, and others, which is expected to generate up to 5 GW of solar power. US President Biden recently hosted a virtual Leaders Summit on Climate to catalyse global ambition to address the climate crisis. The Summit convened world leaders to galvanize efforts to […]

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