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Ozop Energy Receives 10 EV Charging Stations Order in Brooklyn

New York based ultra-high-power chargers, inverters, and power supplies producer and distributor, Ozop Energy Solutions has announced receiving an extended order for 10 electric vehicles (EV) charging stations at a pre-incentive cost of USD 600,000. These chargers to be installed in Bical Auto Mall dealerships in Brooklyn, New York.  Bical Auto Mall is the place […]

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DSD Secures $85M in Financing to Support Pipeline of Distributed Generation Solar

Distributed Solar Development (DSD) announced today the closing of $85 million in tax equity financing from Bank of America to support its expanding pipeline of distributed generation solar projects in the commercial and industrial (C&I) market through 2021, with a sizeable portion going toward New York State Energy Development and Research Authority Value of Distributed Energy […]

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Canadian Solar Financial Results Q1 FY21 Out; 32% YoY Rise in Revenue

Guelph-headquartered solar PV modules manufacturer Canadian Solar Inc. yesterday announced its financial results for the quarter ended March 31, 2021, reporting a 32% YoY increase in revenue and a net income of $23 million. In Q1 2021, the company’s solar module shipments were 3.1 GW, compared to guidance of 3.0 GW to 3.2 GW. Net revenue […]

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Solar-Driven Green Hydrogen Plant Commissioned in MbRAM Solar Park in Dubai

A solar-driven Green Hydrogen project has been inaugurated at the Mohammed bin Rashid Al Maktoum (MbRAM) Solar Park in Dubai. HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy and Chairman of the Expo 2020 Dubai Higher Committee, recently inaugurated a Green Hydrogen project at the Mohammed bin Rashid Al Maktoum […]

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Council Meets with Spotlight on Energy Transition & Food Systems: IRENA

The 21st meeting of the Council will be held virtually on 25th and 26th May More than 280 representatives from 96 countries will gather virtually to attend the 21st Council of the International Renewable Energy Agency (IRENA), next week as countries continue to calibrate energy policy in line with the achievement of sustainable development goals […]

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Is The SB Energy Exit A Worrying Sign For India?

By Now, the news of SB Energy’s portfolio buyout by Adani Green Energy (AGEL) has been well reported. The 100% buyout of SB Energy India assets by AGEL for $3.5 billion, for a fresh 4954 MW of additions to AGEL’s total  assets including project pipeline, has been cited as a possible warning sign for India’s […]

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Energy Transition May Cost Upstream Oil & Gas Sector $14 T: WoodMac

Even a rapidly transitioning world needs oil and gas supply for decades to come The energy transition represents US$14 trillion worth of uncertainty for upstream oil and gas, according to a new report by Wood Mackenzie. Oil and gas is a risky business. Over the years, those risks have been tempered by a single tenet […]

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California State Fund Begins Construction of Solar Energy Program Designed by ENGIE

State Compensation Insurance Fund (State Fund), California’s leading provider of workers’ compensation insurance, today announced that construction has begun on an extensive sustainability and solar energy program that includes solar, electric vehicle charging stations and energy storage at seven locations throughout California. Designed and constructed by ENGIE North America, through its affiliate ENGIE Services U.S. […]

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