Aquila Capital Raises €1 Billion for 2.6 GW of Renewable Energy Projects in Southern Europe
Aquila Clean Energy, a clean energy development platform of Germany-based asset manager Aquila Capital, has secured €1 billion (~$1.005 billion) from the European Investment Bank (EIB) and commercial banks to ...
Global Renewable Capacity Additions to Breach 300 GW Mark in 2022: IEA
Renewable capacity addition in 2022 is expected to grow by 8% and breach the 300 GW mark for the first time, according to a report published by the International Energy ...
Renewables Overtake Fossil Fuels as Europe’s Primary Source of Electricity
Renewables overtook fossil fuels as the European Union’s (EU) primary source of electricity due to the rapid growth of clean energy and decline of coal power, according to a new ...
Spain to Invest €181 Million in Innovative Renewable Energy Projects
The Institute for the Diversification and Saving of Energy (IDAE) will allocate €181 million (~$214 million) to support renewable energy projects in seven autonomous communities of Spain. The allocation is ...
Portugal’s 670 MW Solar Auction Sets a New Record with Lowest Bid of ₹1/kWh
The government of Portugal has concluded the solar auction held for 670 MW capacity. The second solar auction by the country set a new record with the lowest bid of ...
European Union Extends Levy of Countervailing Duty on Solar Glass Imports from China
The European Union (EU) has announced that the imposition of countervailing duty on solar glass imports from China will continue. Countervailing duties are anti-subsidy duties levied on imports to balance out ...
Recovery of Power Demand After Lockdown More Pronounced in India: IEA Report
Analyzing the impact of the COVID-19 pandemic and the subsequent lockdown, the International Energy Agency (IEA) has released a report on the demand for electricity during this period. According to ...
India’s ISA and European Union Join Hands to Expand Solar Power
The International Solar Alliance (ISA) and the European Union (EU) have signed a joint declaration for cooperation on solar energy. The declaration was inked at the 24th conference of United Nations ...
European Union to Join Hands with India for the Growth of Sustainable Technologies
The European Union (EU) has issued a joint communication to the European Parliament and the Council through which the EU aims to reinforce EU-India strategic partnership, build a strong partnership ...
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 ...
EU Provides €60 Million Grant to the Philippines to Install Solar Home Systems
The European Union (EU) has provided an approximate grant of €60 million (~$68.54 million) to the Philippine government to help the country increase access to electricity services in its off-grid ...
China Terminates Levy of Anti-Dumping and Countervailing Duties on EU Polysilicon
China has terminated the levy of anti-dumping and countervailing duties on solar grade polysilicon originating from the European Union. The duties were in place since May 2014. Back then after ...
Chinese Solar Panels Free from EU Anti-Dumping and Anti-Subsidy Measures
Chinese solar panels are now free from anti-dumping and anti-subsidy measures put in place by the European Union (EU). After considering the needs of both producers and those using or ...
India’s Safeguard Duty Investigation Draws Criticism at WTO
The recommendation to impose safeguard duty on solar imports to India and the ongoing investigation faced criticism at the recently-held meeting of the World Trade Organization’s (WTO) safeguard committee. The ...
Both Commercial and Residential Respondents Favor Solar Power, Mercom Capital Group’s India Consumer Survey Reveals
The “India Consumer Perceptions on Renewable Energy Survey,” conducted by Mercom Communications India, a wholly-owned subsidiary of Mercom Capital Group, llc, a global communications and consulting firm, focused on gauging ...