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Canadian Solar Raises $30 Mn from CPDFund to Develop Solar Farms in Brazil

Nasdaq-listed Canadian Solar has raised USD 30 million in funding from the China-Portuguese Speaking Countries Cooperation and Development Fund (CPDFund). The Canadian solar photovoltaic (PV) modules manufacturer aims to deploy the funding raised for the development and construction of solar projects in Brazil. As of now, the Canadian company has 1.7 GW of solar PV projects developed and awarded […]

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Solar Energy and EV Charging Infrastructure

With the push to move to electric mobility at a national scale, and with the government being very enthusiastic about deployment of electric vehicles, the electronic industry can expect to see a lot of activity around indigenous development and manufacturing. While electric vehicles are being worked upon by major OEMs, an ecosystem for development of […]

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CCI Approves JV Between Adani Green Energy and Total SA

Fair trade regulator CCI has notified that it has approved the formation of the JV between Adani Green Energy Ltd and Total S.A. Fair trade regulator CCI has notified that it has approved the formation of the joint venture (JV) between Adani Green Energy Ltd (AGEL) and Total S.A. As per a combination notice filed with the […]

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BYD, Toyota Launch Joint Venture to Conduct Battery EV R&D

BYD and Toyota have announced the launch of their JV company to conduct research and development (R&D) of battery electric vehicles (BEVs) BYD Company Ltd and Toyota Motor Corporation have announced that preparations have proceeded since they signed an agreement for the establishment of a joint venture (JV) company to conduct research and development (R&D) […]

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Vestas Secures Wind Turbine Orders Worth 366 MW Across Europe

Vestas has received four orders worth a combined 366 MW in wind turbine deliveries across Europe in Italy, Norway, Poland and Sweden. Global wind turbine OEM Vestas has announced that it has received four orders worth a combined 366 MW in wind turbine deliveries across Europe. The four orders have been received in Italy, Norway, […]

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Middle East Renewables Braced for Turbulent Outlook: GlobalData

Recent reports have estimated that global solar demand will slow down for the first time in three decades, with the coronavirus (COVID-19) crisis potentially triggering a drop of between 6 percent and 10 percent in demand in 2020. The downgrade is largely due to strict limitations on movement and commercial activity in China, where the […]

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NTPC, Employees Contribute Rs 257.5 Cr to Combat COVID-19

NTPC has announced a contribution of Rs 257.5 crore to the PM-CARES Fund to support the fight against the spread of the novel coronavirus (COVID-19). State-run power giant NTPC has announced a contribution of Rs 257.5 crore to the PM-CARES Fund to support the fight against COVID-19. While Rs 250 crore has been given by the company, NTPC employees […]

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Poor Infrastructure and The UK EV Market

The UK has until 2040 to phase out the production of new petrol-powered cars and focus its attention on the production of electric vehicles. However, electric vehicles are being purchased at a much faster rate than expected. If we continue to see year-on-year growth in the sale of electric vehicles, the UK can’t expect to […]

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