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US Residential Storage Market Sees Record Growth in Q2 2019

A new analysis has revealed that a record 35 MW of residential storage was deployed in the US in Q2 of 2019, more than in any other quarter on record A new analysis has revealed that a record 35 megawatts (MW) of residential storage was deployed in the US in the second quarter (Q2) of […]

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Ørsted’s Taiwanese Offshore Wind Farm Generates First Power

Ørsted has announced that the second phase of Formosa 1, Taiwan’s soon-to-be first commercial-scale offshore wind farm, produced first power. Danish wind energy major and the leading offshore wind energy firm in the world, Ørsted has announced that on September 5, 2019, the company’s second phase of Formosa 1, Taiwan’s soon-to-be first commercial-scale offshore wind […]

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RE Producers can Move NCLT Against Discoms Over Dues: RK Singh

Flagging non-payment of dues by Discoms to renewable energy producers, RK Singh has cautioned states that the developers could approach NCLT Flagging non-payment of dues by power discoms to renewable energy producers, Union Power Minister RK Singh has cautioned seven states, including Maharashtra and Karnataka, that the developers could approach NCLT against the distribution companies to recover payments of […]

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65 GW of European Onshore Turbines Need Upgrade or Replacement by 2028

A new report has revealed that 65 GW of European onshore wind turbines will reach end-of-design-life by 2028 and will be needing upgrades or replacement A new report has revealed that 65 GW of European onshore wind turbines will reach end-of-design-life by 2028. From 2019 to 2028, an average of 4 GW of turbines per […]

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Duke Energy Completes Sale of 1.2 GW Renewable Assets to John Hancock

Duke Energy has completed the sale of a minority interest in a portion (1.2 GW) of its commercial renewable energy portfolio to John Hancock North Carolina-based power utility, Duke Energy has announced that it has completed the sale of the previously announced minority interest in a portion (1.2 GW) of its commercial renewable energy portfolio […]

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Payment Dues to Renewable Firms Now at Rs 9735.6 Crore

The CEA has revealed that the total payment dues for the 513 active renewable energy projects in the country, as of July 31, 2019, was Rs 9735.6 crore. The latest report issued by the Central Electricity Authority (CEA) has revealed that the total payment dues for the 513 active renewable energy projects in the country, […]

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IFC Raises $569 mn From 1st Canadian Green Bond

IFC has issued its 1st Canadian dollar green bond, raising USD 569 million for climate-smart business. The International Finance Corporation (IFC), a member of the World Bank Group, has issued its first Canadian dollar green bond, attracting strong investor demand and raising CAD750 million (USD 569 million) for climate-smart business. The proceeds of the five-year […]

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GWEC Predicts 330 GW of new Wind Capacity by 2023

The GWEC updated market outlook has predicted an additional 330 GW of new wind energy capacity will be added to the global energy market from 2019 to 2023 The Global Wind Energy Council’s (GWEC) recently released updated market outlook has predicted an additional 330 GW of new wind energy capacity will be added to the […]

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LONGi Shipped Over 2 Billion Mono Wafers in H1 2019, Revenue up 41%

LONGi Solar has released its H1-2019 report to shareholders, reporting stellar financial results and significant capacity achievements. Xi’an, China headquartered LONGi Solar has released its 2019 semi-annual (H1) report to shareholders, reporting stellar financial results and significant capacity achievements.  According to the financial report, the company’s operation revenue in the first six months of the […]

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