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GWEC’s 16th Edition Global Wind Report 2021: Key Highlights

2020 was the best year in history for the global wind industry with 93 GW of new capacity installed – a 53 per cent year-on-year increase – but a new report published by the Global Wind Energy Council (GWEC) warns that this growth is not sufficient to ensure the world achieves net zero by 2050. […]

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Ranking Top 10 Solar Tracker Firms Worldwide

A solar tracker is a device deployed along with solar panels, directing the latter towards the sun. Trackers not only maximise the energy capture but also further boost the efficiency of the overall power generation process through minimising the angle of incidence – or the angle that a ray of light makes with a line […]

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Daily Price Swings to be Limited to 10% by Upcoming China ETS

According to a recent report in The Securities Times, a Shenzhen-headquartered national financial newspaper, China’s national Emission Trading Scheme (China ETS) – a policy considered important for achieving the country’s net-zero goals – will initially set daily trading limits at 10 per cent of prices when it comes online late in June. The report cites Mr Lai […]

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Pakistan’s ending Coal Imports to hit South African coal’s prospects: IEEFA

The growing and irreversible risks being faced by South African coal exporters As Thungela Resources’ CEO attempts to talk up the future of the Anglo American coal spin-off, South Africa’s second largest coal export destination Pakistan is planning to bring coal imports to an end. Thungela CEO July Ndlovu recently stated that a “just transition” […]

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Australia Installs Record-breaking Number of Rooftop Solar Panels: CSIRO

Australia installed its highest ever number of rooftop solar photovoltaic (PV) panels in 2020, according to Clean Energy Regulator data analysed by energy efficiency experts from Australia’s national science agency, CSIRO. Data from the Clean Energy Regulator analysed by CSIRO shows that in 2020, around Australia, over 362,000 rooftop solar PV installations were issued with […]

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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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JinkoSolar Reports 31.4 % Increase in Shipments in FY20, Revenue up 18%

JinkoSolar has revealed that despite ‘extreme challenges’ it managed to bump up its annual shipments to 18.77 GW in FY 2020. The firm also ran into losses for the fourth quarter. JinkoSolar, one of the largest solar module manufacturers in the world, has recently announced its financial results for the financial year 2020 (FY20) ended […]

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Energy Transition to Renewables in US to Accelerate Over Next 2-3 Years: Report

The speed and scope of the energy transition to renewables will pick up pace over the next two to three years, according to the IEEFA’ U.S. Power Sector Outlook 2021. The report adds that solar and battery storage adoption is enjoying almost exponential growth, and wind and solar technology improvements have helped turn the two resources […]

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EDF Renewables Signs 100 MW Solar VPPA With Enterprise Products

EDF Renewables North America has announced a power purchase agreement (PPA) for the second tranche of the Space City Solar Project with an affiliate of Enterprise Products Partners for 100 MWac / 132 MWdc. The Project’s total capacity is up to 345 MWac / 455 MWdc. Space City Solar, located in Wharton County, Texas, is expected to commence […]

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