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 ...
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 ...
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 ...
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
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 ...
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 ...
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 ...
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 ...
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, 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% 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 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
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 ...
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 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 ...
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 ...
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 ...
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
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
