International

Duke Energy Shows Cleaner Energy Mix is Affordable in Annual Report

The company has revealed that it continues to generate cleaner energy at prices below the national average for its 7.7 million residential, commercial and industrial customers. Duke Energy, an electric power holding company based in Charlotte, North Carolina has issued its latest (13th) Annual Sustainability Report – a report card on the company’s progress at […]

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Canadian Solar Secures $48 Mn Credit Facility For Development of Solar Projects in Japan

The Company intends to utilise the facility to develop more high-quality solar power projects in Japan. Canadian Solar, one of the world’s largest solar power companies, has announced that its wholly-owned subsidiary Canadian Solar Projects K.K. has expanded and renewed its credit facility with a syndicate of four finance leasing institutions led by Sumitomo Mitsui […]

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Off-Grid Solutions Provider SolarHome Raises $1 Mn Follow-On Equity

Singapore-based off-grid solutions provider, SolarHome has announced that it has secured an additional $1 million in equity funding as part of its series A round. The startup which is working on providing off-grid solar solutions to households in Myanmar on a Pay-As-You-Go (PAYG) model has secured the funding from its existing investor Trirec. TRIREC an […]

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Solar Power Capacity in U.S. Cities Has Doubled in the Last 6 Years: Report

Solar energy capacity more than doubled in 45 of America’s 57 largest cities over the last six years according to a new study. Over the past six years, solar energy capacity more than doubled in 45 of America’s 57 largest cities, according to a new study released by the Environment America Research & Policy Center. […]

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EBRD and GCF Provide $16.7 Mn For Kazakh Solar PV Plant

The European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF) have together provided $16.7 million as a loan to support the development of a new 30 MW solar PV power plant in Zhangiz-tobe in Kazakhstan. Stepping up its efforts to support renewables in the country, EBRD signed the financing agreement with China’s […]

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Golden Concord Arm Gets Shingled Solar Modules’ Patent in Australia

This will further enhance patent portfolio of Golden Concord Arm GCL System. One of the leading one-stop intelligent and integrated energy system providers GCL System Integration Technology Co. Ltd (GCL System) has received a patent for its shingled solar cell modules from IP Australia. This will further enhance patent portfolio of Golden Concord Arm GCL System. The […]

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Caffeine Improves Performance of Perovskite Solar Cells

A team of scientists at the University of California, Los Angeles have discovered that caffeine can be a promising alternative to make traditional solar cells more efficient at converting light to electricity. The latest research which began as a cafeteria joke over morning coffee led to this unusual solution. “One day, as we were discussing […]

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Fortum’s Q1 Profits Hurt by Lower Hydro Volumes

Finland’s utility Fortum reported its operating profit grew merely by 1 percent to EUR 408 million during the January-March quarter of 2019, on the back of positive effect of improved prices offset by lower hydro volumes. The company has reported an operating profit of EUR 405 million during the same quarter last year. Commenting on […]

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US Wind Pipeline Grew by 6.14 GW in the Q1 2019: Report

A burst of new wind farm announcements in the first quarter of 2019 propelled the total volume of U.S. wind power construction and development activity to a record level according to the newly released U.S. Wind Industry First Quarter 2019 Market Report.  The American Wind Energy Association’s (AWEA) report reveals that U.S. project developers announced new wind […]

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