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Solis to Raise $100 M and Double Production Capacity to 20 GW

Ginlong Technologies (Solis), a global leader in photovoltaic string inverter manufacturing, has announced its plans to raise over USD 100 million Ginlong Technologies (Solis), a global leader in photovoltaic string inverter manufacturing, has announced its plans to raise over USD 100 million (~700 million Chinese Yuan), through a non-public offering to finance the expansion of […]

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3.35 GW of Wind Capacity Auctioned in the Q1 2020; 1.2 GW in India

GWEC has published its first quarter wind auction database, reporting that a total of 3.35 GW of wind power capacity was auctioned in the period. The Global Wind Energy Council (GWEC) has published its first quarter wind auction database under its Market Intelligence’s services. The database reveals that from January to April 2020, a total […]

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CPP Investments Commits €200 Mn to Offshore Wind Projects in France

CPP Investments acquires 49% of the entity that holds Enbridge’s stake in its partnership with EDF Renewables that is developing 3 offshore wind farms in France. Canada Pension Plan Investment Board (CPP Investments) has announced that its wholly-owned subsidiary, CPP Investment Board Europe, has reached an agreement with Enbridge to acquire 49 percent of the […]

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Ultra-Thin Solar Cells Market to see 56.9% CAGR in Coming Years

The global ultra-thin solar cells market, which generated USD 30 million in 2019, is expected to advance at a 56.9 percent CAGR between 2020 and 2030 The requirement for energy, which doesn’t release harmful gases, including carbon dioxide and carbon monoxide, during generation, is rising. Though numerous sources are utilised to produce renewable electricity, solar power […]

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Lithium Ion To Stay Numero Uno Option for Storage, Say Researchers

A recent three day meeting between researchers from Germany and Israel has concluded  that lithium-ion batteries will continue to rule in the storage space in the near future. Redox flow storage, which has made strides recently, did find a mention for its potential, especially in stationary applications. However, price for Redox flow storage remains a […]

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Cracks in PVDF Backsheet Jumps Four-Fold between 4-9 yrs of Installation: DuPont Report

The overall outer layer cracking rate of polyvinylidene fluoride (PVDF) backsheets increased by more than three times as compared to 2019, as revealed by DuPont in its latest 2020 Global Photovoltaic (PV) Reliability Report. The 2020 field report was compiled from inspection and analysis of nearly 3 GW of PV installations across the globe, spanning […]

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ARENA to Support BP Study to Scale Renewable Hydrogen in Australia

ARENA has announced AUD 1.71 million in funding to BP Australia to assess the feasibility of building a renewable hydrogen facility in Western Australia. On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has announced AUD 1.71 million in funding to BP Australia Pty Ltd (BP Australia) to assess the feasibility of […]

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Domestic Solar Manufacturing Could Benefit From Pandemic

Supply disruption from China and the decline in domestic solar capacity addition due to the pandemic offers a golden opportunity to local solar manufacturing The supply disruption from China due to the COVID-19 pandemic and subsequent decline in domestic solar capacity addition offers a golden opportunity to ramp up local manufacturing of solar modules and […]

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Lithium-ion Battery Market to Reach $129.3 Bn Globally by 2027: Report

According to a new report, the global lithium-ion battery market is expected to hit USD 129.3 billion by 2027, registering a CAGR of 18.0% from 2020 to 2027. According to a new report, the global lithium-ion battery industry has been estimated at USD 36.7 billion in 2019 and is expected to hit USD 129.3 billion […]

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