China Allocates $435 Million for Solar Project Subsidies in 2019
China’s National Energy Administration (NEA) has confirmed that it will allocate approximately RMB 3 billion ($435 million) for solar projects this year. This is the first time that the country ...
India the Lowest Cost Producer of Solar Power: IRENA
According to a report by the International Renewable Energy Agency (IRENA), the cost of renewable energy sources fell to record lows again in 2018. The report finds that costs from ...
UK’s Zouk Capital Acquires Majority Stake in Italy’s Electric Mobility Utility BE Power
Zouk Capital, an infrastructure and private equity fund manager, based out of the United Kingdom, has acquired a majority stake in BE Power. BE Power is a digital utility active ...
China Approves Over 20 GW of Subsidy-Free Wind and Solar Projects
China has approved over 20 GW of solar and wind projects as part of its plan to install unsubsidized renewable energy projects in the country. This first batch of subsidy-free ...
JinkoSolar Bags 10.7 GW of Orders in 2019, Announces Mono Wafer Capacity Expansion of 5 GW
Chinese solar module, cell, and wafer manufacturer, JinkoSolar, has announced that it has already received orders of 10.7 GW for the current year. The company also announced that it is ...
China Announces 2019 Feed-in-Tariff Levels for Solar Projects
Ending months of uncertainty in the solar market, the Price Bureau of China’s National Development and Reform Commission (NDRC) announced the level of solar FIT payments for large-scale projects which ...
LONGi Solar Announces 34% Rise in Revenues During 2018
Chinese module manufacturer LONGi Solar has announced its annual financial results for 2018. The figures show that the revenue from operations was ¥21.9 billion ($197 million), an increase of approximately ...
Vestas, Goldwind and Siemens Gamesa Emerge as Top Wind Turbine Installers Globally
In 2018, a total of 20,641 wind turbines were installed across the globe with a total capacity of 50,617 MW. These wind turbines were supplied by 37 manufacturers, says a ...
China’s Solar Installations Dip 40% YoY to 5.2 GW in Q1 2019
China installed 5.2 GW of solar photovoltaic (PV) capacity in the first quarter (Q1) of 2019. When compared to Q1 2018, this was a nearly 40% decline in installation numbers ...
China Plans to Prioritize Non-Subsidized Wind and Solar Projects
China is prioritizing unsubsidized wind and solar photovoltaic (PV) projects. China’s National Energy Administration (NEA), has organized and drafted a project report on promoting non-subsidized affordable projects for wind and ...
China Eyes One Belt One Road Initiative to Expand Renewable Energy
China plans to utilize its ambitious One Belt One Road (OBOR) initiative to expand renewable energy along the economic belt. According to China’s National Energy Administration (NEA), “In the past ...
51 GW of Wind Projects Installed Globally in 2018: Report
In 2018, nearly 51.3 GW of new wind energy projects were installed globally, 4 percent less than the previous year, says Global Wind Report 2018. In the last five years, ...
Toxic Air Killed 1.2 Million Indians in 2017: Report
Air pollution is estimated to have caused nearly 4.9 million deaths in 2017 with India and China accounting for 1.2 million each, which was the highest in the world, according ...
MNRE Takes a Tough Stand Against Two Defaulting Chinese Solar Module Suppliers
The Ministry of New and Renewable Energy (MNRE) has issued an advisory asking the stakeholders to beware of two Chinese companies - CSUN Trading (Hong Kong) Co. Ltd. and CEEG ...
India Imposes Anti-dumping Duty on Import of Solar EVA Sheets from 4 Countries
The government of India has notified the imposition of anti-dumping duty on the ‘Ethylene Vinyl Acetate (EVA)’ sheets for solar modules imported from China PR, Malaysia, Saudi Arabia, and Thailand ...
50.2 GW of Wind Power Projects Added in 2018 Globally: Report
In 2018, the world added the third highest annual total of wind power. According to the Wood Mackenzie Power & Renewables 'Global Wind Power Market Outlook Update: Q1 2019' report, 50.2 GW ...
Energy Demand Grew by 2.3% Globally in 2018; China, US and India Account for 70% of the Rise
Energy demand across the world in 2018 grew by 2.3 percent the fastest in a decade on the back of a global economy that grew by 3.7 percent in 2018 ...
India Emerged as the Third Largest Solar Market in 2018 Behind China and US
India was the third largest solar market behind China and the United States with 8.3 GW of solar PV capacity installed in 2018. Japan and Germany were the fourth and ...
Important Headlines from India’s Solar Industry During February 2019
A series of significant announcements in the Indian renewable sector were made during February. For instance, the Minister of Power and New and Renewable Energy, R.K Singh declared the state-wise ...
India Likely to Impose Anti-Dumping Duty on Solar EVA Sheet Imports for 5 Years
The Directorate General of Trade Remedies (DGTR) has recommended the imposition of anti-dumping duty on the imports of the Ethylene Vinyl Acetate (EVA) sheets for solar modules imported from China PR, ...
China Installs Better than Expected 44 GW of Solar Capacity in CY 2018
In the calendar year (CY) 2018, China installed 44.26 GW of solar photovoltaic capacity. The country installed 9.76 GW of solar PV capacity in the fourth quarter of CY 2018 ...
Solar Developers Complain They Have to Pay GST on Safeguard Duty, Request Reimbursement
It has been almost 6 months since the imposition of safeguard duty on solar imports to India. However, the industry is still clamoring for clarity amid a plethora of problems ...
India Was the Second Largest Solar Market in 9M 2018
India’s solar installations came in second worldwide during the first nine months of 2018 in terms of solar capacity addition. China added a whopping 34.5 GW of solar PV capacity ...
Japan’s Proposal to Rollback Solar Subsidy Angers Investors and Operators
Japan’s Ministry of Economy, Trade and Industry (METI) has proposed that companies granted permits for solar projects between the fiscal years of 2012 to 2014 under Feed-In-Tariffs (FiT) should submit ...
In a Policy Turnaround, China Plans to Increase Solar Target Up to 270 GW by 2022
After announcing installation caps in the second quarter, China is expected to be currently evaluating the feasibility of increasing its solar installation target to 250-270 GW by 2022. China currently ...
