China was Second-Largest Source of Green Bond Issuance in 2020

China was Second-Largest Source of Green Bond Issuance in 2020

A report released by Climate Bonds Initiative (CBI) and China Central Depository & Clearing Research Centre (CCDC Research) has said that China was the second-largest source of green bond issuance ...
/ / Finance and M&A, Other
Power Rationing in China Could Raise Commodity Prices and Disrupt Solar Supply Chain

Power Rationing in China Could Raise Commodity Prices and Disrupt Solar Supply Chain

The Chinese government has introduced an electricity rationing policy leading to some industrial sectors shutting down operations temporarily while others are operating only two to four days a week. According ...
/ / Markets & Policy, Solar
Modules Manufactured in Europe Emit 40% Less CO2 than the Chinese Fraunhofer ISE

Modules Manufactured in Europe Emit 40% Less CO2 than the Chinese: Fraunhofer ISE

Researchers at the Fraunhofer Institute for Solar Energy have claimed that solar modules manufactured in the European Union produce 40% less carbon dioxide than modules manufactured in China. China dominates the solar ...
/ / Solar, Technology
Proposed Steep Duties Could Cost US 18 GW of Solar Deployment by 2023: SEIA

Proposed Steep Duties Could Cost US 18 GW of Solar Deployment by 2023: SEIA

The United States solar industry could miss out on 18 GW of solar deployment by 2023 due to steep duties proposed by an anonymous group of petitioners, the Solar Energy ...
/ / Markets & Policy, Solar
Sungrow’s Revenue in 1H 2021 Up 18% Led By Solar Inverter, Energy Storage System Sales

Sungrow’s Revenue in 1H 2021 Up 18% Led By Solar Inverter, Energy Storage System Sales

China-based solar inverter manufacturer Sungrow has reported an 18% increase year-over-year (YoY) in revenue in the first half (1H) of 2021. In 1H 2021, the company’s revenue stood at 8.21 billion ...
/ / Inverters & BOS, Solar
India to Contribute 20% of the Global Renewables Deployment Target for 2030: BRICS Report

India to Contribute 20% of the Global Renewables Deployment Target for 2030: BRICS Report

The latest BRICS Energy Technology Report 2021 states that India will account for one-fifth (20%) of the global renewable energy deployment target for 2030. Solar and wind power generation has been ...
/ / Other, Renewable Energy
Global Offshore Wind Installation Totaled 6.1 GW in 2020

Global Offshore Wind Installation Totaled 6.1 GW in 2020

In its recent report, the Global Wind Energy Council (GWEC) said that the global offshore wind installation stood at 6.1 GW in 2020, a slight decline compared to 6.24 GW ...
/ / Wind
Anti-Dumping Duty Likely on Aluminum Imports Used in Solar Mounting Structures

Anti-Dumping Duty Likely on Aluminum Imports Used in Solar Mounting Structures

The Directorate General of Trade Remedies (DGTR) has recommended anti-dumping duty on certain flat-rolled aluminum products imported from China to offset the injury caused due to dumping in the Indian ...
/ / Markets & Policy, Solar
WTO Rejects China's Claims on Safeguard Measures Imposed by the U.S. on Solar Imports

WTO Rejects China’s Claims on Safeguard Measures Imposed by the US on Solar Imports

A special panel constituted to look into the dispute between China and the United States regarding safeguard measures imposed by the United States on importing certain crystalline silicon photovoltaic cells ...
/ / Markets & Policy, Solar
Global Power Sector Emissions Rise 5% Above Pre-Covid Levels: Report

Global Power Sector Emissions Rise 5% Above Pre-Covid Levels: Report

A new report published by energy think tank Ember has revealed that global power sector emissions have increased above pre-pandemic levels. Global power sector emissions rebounded in the first half (1H) ...
/ / Other, Renewable Energy
TotalEnergies, Envision JV Secures $80 Million for a 170 MW Solar Portfolio in China

TotalEnergies, Envision JV Secures $80 Million for a 170 MW Solar Portfolio in China

TEESS, a 50:50 joint venture company established by TotalEnergies and Envision Group, has announced the financial close for the first part of a total $80 million non-recourse debt for a ...
/ / Finance and M&A, Solar
Can Solar Developers Rely on Local Manufacturers for Module Supply Without Disruptions

Can Solar Developers Rely on Local Manufacturers for Module Supply Without Disruptions?

The government's focus lately has shifted strongly towards establishing a domestic solar manufacturing base. The government has levied safeguard duty, Basic Customs Duty (BCD), introduced the approved list of module ...
/ / Mercom Research Focus, Other
String Inverter Supplier Ginlong Solis’ Revenue Doubles YoY to $224 Million in 1H 2021

String Inverter Supplier Ginlong Solis’ Revenue Doubles YoY to $224 Million in 1H 2021

Photovoltaic inverter manufacturer Ginlong Technologies (Solis) has recorded a 99.8% year-over-year (YoY) growth to RMB 1.45 billion (~$223.8 million) in the first half (1H) of 2021 from RMB 727 million (~$112.20 ...
/ / Finance and M&A, Solar
Indian Solar Imports and Exports in 1H Back to Pre-Pandemic Levels

Indian Solar Imports and Exports in 1H Back to Pre-Pandemic Levels

Imports of solar cells and modules surged by a staggering 1,000% in the second quarter (Q2) of the calendar year (CY) 2021, totaling $762 million (~₹56.6 billion) as compared to ...
/ / Mercom Research Focus, Other
Bangladesh Floats EPC Tender for a 68 MW Solar Project

Bangladesh Floats EPC Tender for a 68 MW Solar Project

The Bangladesh-China Renewable Energy Company has invited bids for the engineering, procurement, and construction (EPC) of a 68 MW solar power project on a turnkey basis at Sirajganj Solar Park ...
/ / Solar, Tenders & Auctions
Geological Survey of India Undertakes Seven Projects For Lithium Exploration (1)

Geological Survey of India Undertakes Seven Projects for Lithium Exploration

The Geological Survey of India (GSI), part of the Ministry of Mines, has taken up seven projects for lithium exploration across different states in India. Lithium is the crucial element ...
/ / Energy Efficiency, Other
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 ...