China Adds 13 GW of Solar Capacity in the First Half of 2021

China Adds 13 GW of Solar Capacity in the First Half of 2021

According to the latest data released by the National Energy Administration (NEA), 13.01 GW of solar capacity was installed in China during the first half (1H) of 2021. Installations saw ...
/ / Markets & Policy, Solar
Global Climate-Aligned Bond Issuance Reached $913.2 Billion in 2020: Report

Global Climate-Aligned Bond Issuance Reached $913.2 Billion in 2020: Report

In 2020, 420 climate-aligned issuers issued climate bonds of $913.2 billion, Climate Bonds Initiative, a London-based non-profit research organization, said in its latest report. The climate-aligned market is around half of ...
/ / Other, Renewable Energy
IEA Expects Global Hydropower Capacity to Increase to 230 GW by 2030 (1)

IEA Expects Global Hydropower Capacity to Increase to 230 GW by 2030

Global hydropower capacity is expected to increase by 17%, or 230 GW, in the upcoming decade, the International Energy Agency (IEA) said in a recent report. In 2020, hydropower was ...
/ / Other, Renewable Energy
Can Solar Developers Take Advantage of Duty-Free Period Ahead

Can Solar Developers Take Advantage of Duty-Free Period Ahead?

Solar developers in India are facing two important dates - the safeguard duty (15%) set to end on July 29, 2021, and the basic customs duty (BCD) of 40% on ...
China Photovoltaic Industry Association Urges Members to Refrain from Hoarding

China Photovoltaic Industry Association Urges Members to Refrain from Hoarding

Earlier this month, the China Photovoltaic Industry Association (CPIA) issued a statement directing its members to refrain from unethical business practices such as hoarding raw materials for polysilicon to counter ...
/ / Markets & Policy, Solar
JinkoSolar to Invest _$48.64 Million to Boost Polysilicon Production Capacity

JinkoSolar to Invest ~$48.64 Million to Boost Polysilicon Production Capacity

Solar module manufacturer JinkoSolar Holding has announced that its holding subsidiary, Shangrao JinkoSolar Industry Development, plans to invest RMB315 million (~$48.64 million) in equity in Inner Mongolia Xinte Silicon Materials ...
/ / Finance and M&A, Solar
IEA Expects Annual Global Energy Investments to Hit $1.9 Trillion in 2021

IEA Expects Annual Global Energy Investments to Hit $1.9 Trillion in 2021

The International Energy Agency (IEA) has released its latest report on ‘World Energy Investment 2021’. According to the report, the annual global energy investment is set to rise to $1.9 ...
/ / Other, Renewable Energy
Explosion at Hoshine Silicon’s Polysilicon Plant in China Threatens Supply

Explosion at Hoshine Silicon’s Polysilicon Plant in China Threatens Supply

A massive explosion was reported at a polysilicon factory in the city of Shihezi in China’s Xinjiang region. The plant produces raw materials for polysilicon used in the production of ...
/ / Manufacturing, Solar
Solar Developers Ask For Stay on Anti-Dumping Probe, Court Gives Time for Feedback

Solar Developers Ask for Stay on Anti-Dumping Probe, Court Gives Time for Feedback

The Delhi High Court has directed the Directorate General of Trade Remedies (DGTR) to extend the deadline for providing feedback for the anti-dumping investigation on imported solar cells and modules ...
ReneSola Power's Revenue Up by 39% QoQ in Q1 2021

ReneSola Power’s Revenue Up by 39% QoQ in Q1 2021

ReneSola Power, a fully integrated solar project developer and operator, has announced the financial results for the first quarter (Q1) of the calendar year (CY) 2021. As per the financial ...
India’s Solar Installations Up 88% in Q1 2021 With 2.05 GW

India’s Solar Installations Up 88% YoY in Q1 2021 With 2.05 GW

India added 2,056 MW of solar in the first quarter (Q1) of 2021, a 37% increase quarter-over-quarter (QoQ), compared to 1,505 MW installed in the fourth quarter of 2020. These ...
Uncertainty Surrounds the Fate of Safeguard Duty After July 2021

Uncertainty Surrounds the Fate of Solar Safeguard Duty After July 2021

The crucial duty of protecting domestic solar cell and module manufacturers in India against imports from China PR, Thailand, and Vietnam is set to end on July 29, 2021. Until ...
Solar Cell and Module Imports from China, Vietnam, Thailand Face Anti-Dumping Probe

Solar Cell and Module Imports from China, Vietnam, Thailand Face Anti-Dumping Probe

The Ministry of Commerce and Industry in an official statement has announced that the Directorate General of Trade Remedies (DGTR) has initiated an anti-dumping probe on imports of solar cells ...
/ / Markets & Policy, Solar
Solar Imports Up 72% YoY in Q1 2021, Exports Show a Marginal Drop of 19%

Solar Imports Up 72% YoY in Q1 2021, Exports Show a Marginal Drop of 19%

In the first quarter (Q1) of the calendar year (CY) 2021, India imported solar cells and modules amounting to $259 million (~₹18.93 billion), a 132% increase compared to Q4 CY 2020 ...
China Installs 5.33 GW of Solar Capacity in Q1 2021

China Installs 5.33 GW of Solar Capacity in Q1 2021

China installed 5.33 GW of solar capacity in the first quarter (Q1) of the calendar year 2021, a 35% year-over-year (YoY) increase compared to 3.95 GW in Q1 2020, according ...
/ / Markets & Policy, Solar
Solar ALMM Enlistment to Take Longer Than Expected

Solar ALMM Enlistment to Take Longer Than Expected

In its initial steps towards reducing India's dependence on solar imports and self-reliance, the Ministry of New and Renewable Energy (MNRE), as early as 2018, announced compulsory registration of solar ...
/ / Markets & Policy, Solar
Apple’s Global Suppliers Moving to 100% Renewable Energy in Their Operations

Apple’s Global Suppliers Moving to 100% Renewable Energy in Their Operations

Apple announced that over 110 of its manufacturing partners worldwide are moving to 100% renewable energy. The move would mobilize nearly 8 GW of clean energy to come online. These ...
/ / Other, Renewable Energy
DGTR Initiates Anti-Dumping Probe Into Import of Fluoro Backsheet Used in Solar Modules

DGTR Initiates Anti-Dumping Probe Into Import of Fluoro Backsheet Used in Solar Modules

The Directorate General of Trade Remedies (DGTR) has initiated an anti-dumping probe on 'fluoro backsheet' imported from China. Fluoro backsheet is a polymer-based component used in the manufacture of solar ...
China Installs Record 52 GW of New Wind Capacity, Doubles Annual Installations in 2020

China Installs Record 52 GW of New Wind Capacity, Doubles Annual Installations in 2020

According to the latest data released by Global Wind Energy Council's (GWEC) market intelligence, 2020 was a record year for wind power growth in the Asia Pacific, specifically driven by ...
/ / Wind
Vestas Dominates Global Wind Turbine Supplier Market in 2020

Vestas Dominated Global Wind Turbine Supplier Market in 2020

Danish manufacturer Vestas holds the title of the world’s largest supplier of wind turbines in 2020 across the onshore and offshore wind, according to the latest preliminary rankings for the ...
/ / Wind
Solar Industry Weighs in on the Basic Customs Duty Implications

Solar Industry Weighs in on the Basic Customs Duty Implications

The Ministry of New and Renewable Energy (MNRE) recently imposed a basic customs duty (BCD) of 40% on solar modules and 25% on solar cells, starting April 1, 2022. The ...
/ / Markets & Policy, Solar
Anti Dumping Duty on Solar Glass Has Resulted in Monopoly, Shortage, Price Rise

Anti Dumping Duty on Solar Glass Has Resulted in Monopoly, Shortage, Price Rise

The solar glass shortage in China that started some six months back has started to affect the Indian solar manufacturing industry. This, coupled with the duties on glass, has started ...
/ / Markets & Policy, Solar
Asia-Pacific Markets Are Most Challenging for Corporates to Shift to 100% Clean Energy

Asia-Pacific Markets are Most Challenging for Corporates to Shift to 100% Clean Energy

Asia-Pacific markets are among the most challenging in the world for global companies to switch to 100% renewable energy, RE100 said in a new report. RE100 is an initiative led ...
/ / Other, Renewable Energy
China’s Demand for Utility-Scale Solar Projects to Reach 60-75 GW in 2021_ AECEA

China’s Demand for Utility-Scale Solar Projected to Reach 60-75 GW in 2021: AECEA

China’s National Energy Administration (NEA) has released a draft version of its envisaged national unified renewable energy power consumption targets for the upcoming decade. According to the draft, non-hydro power ...
/ / Markets & Policy, Solar
Offshore Wind Segment to be the New Hiring Haven for Energy Jobs: Report

Offshore Wind Segment to be the New Hiring Haven for Energy Jobs: Report

The offshore wind energy segment will be the new hiring haven for energy jobs, according to Rystad Energy analysis. Demand for offshore wind staff will triple by the end of ...
/ / Wind