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Canadian Solar Announces Plan to Repurchase $150 mn in Shares

Canadian Solar has announced that its Board of Directors has authorised a USD 150 million shares repurchase program for a six month period Canadian Solar has announced that its Board of Directors has authorised a USD 150 million shares repurchase program for a six month period beginning December 9, 2019, and ending June 8, 2020.  […]

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Railways to Source 1GW Solar, 100MW Wind By 2021-22: Piyush Goyal

In a bid to go green, Indian Railways has planned to source about 1 GW (1,000 MW) of solar energy and approx. 200 MW of wind energy progressively by 2021-22, said Piyush Goyal. In a written reply to a question in Rajya Sabha, this information was provided by Piyush Goyal, Minister of Railways and Commerce […]

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SB Energy to Invest $4 Bn in Gujarat on Renewables

Further, SB Energy will be investing in the solar, wind and other unconventional sources of renewable energy. Japan’s renewable energy firm and a sister concern of SoftBank, SB Energy Corp will be investing USD 4 billion or approx. Rs 30,000 crore in renewable energy in the state of Gujarat, said the state government release. As […]

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Solis Hybrid Inverters and LG Chem Deliver Solar-Plus-Storage Solution for Homeowners

Ginlong Technologies (Stock Code: 300763.SZ), a global leader in photovoltaic string inverter manufacturing, announces that its Solis storage inverter is now compatible with LG home battery RESU. The Solis Residential Hybrid Inverter (RHI) now is fully compatible with LG RESU 48V line-ups  to provide stable, reliable home energy storage. With this partnership, Ginlong is offering […]

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GM and LG Chem to Mass Produce Battery Cells for Future EVs

GM and LG Chem form JV to mass-produce battery cells for future battery EVs General Motors (GM) and LG Chem have announced that the companies have come into an agreement to mass-produce battery cells for future battery electric vehicles (EVs). Together, the companies will invest up to a total of USD 2.3 billion through a […]

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Vestas Bags 101 MW Wind Turbine Order for 2 Projects in Finland

Vestas has announced that it has secured a 101 MW wind turbine order from Puhuri Oy for the Parhalahti and Hankila projects in Finland. Vestas has announced that it has secured a 101 MW order from Puhuri Oy, a developer and investor in wind energy for the Parhalahti and Hankila projects located in Northern Ostrobothnia […]

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LONGi Solar Signs 1.2 GW Module Agreement With Adani Green Energy

LONGi Solar has entered into a strategic partnership agreement with Adani Green Energy, where it will supply Adani with 1.2 GW of its new generation modules LONGi Solar has announced that it has entered into a strategic partnership agreement with Adani Green Energy, where LONGi will supply Adani with its new generation Hi MO4 modules. […]

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India Working on a Rooftop Solar Scheme with KfW: Gadkari

The Centre is working with KfW to bring a rooftop solar scheme that will bring down the cost of the power generated to Rs 2.5 per unit, Nitin Gadkari has said The Centre is working with German financing institution KfW to bring a rooftop solar scheme that will bring down the cost of the power […]

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Delhi’s Peak Power Demand to Climb to 4700 MW This Winter

The peak power demand in Delhi this winter is expected to climb up to nearly 4,700 MW, according to predictions made by the state Discom BSES. The peak power demand in Delhi this winter is expected to climb up to nearly 4,700 MW, according to predictions made by the state Discom BSES. The Discom has detailed that compared to last year […]

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