ENEOS to Acquire 100% Stake in Japan Renewable Energy for ¥200 Billion

ENEOS to Acquire 100% Stake in Japan Renewable Energy for ¥200 Billion

ENEOS Holdings, an oil refiner and distributor, based in Japan, announced that its consolidated subsidiary ENEOS Corporation would acquire a 100% stake in Japan Renewable Energy Corporation (JRE) for ¥200 ...
/ / Finance and M&A, Other
Amazon Signs PPA with Mitsubishi for 22 MW of Solar Energy in Japan

Amazon Signs PPA with Mitsubishi for 22 MW of Solar Energy in Japan

Mitsubishi Corporation signed a 10-year long-term corporate power purchase agreement (PPAs) with e-commerce giant Amazon. Mitsubishi will supply power to data centers owned and operated by Amazon’s subsidiary, Amazon Web Services. The ...
/ / Solar
Canadian Solar Reports 42% YoY Rise in Module Shipments

Canadian Solar Reports 42% YoY Rise in Module Shipments

Canada-based solar module manufacturer Canadian Solar released its financial results for the first quarter (Q1) of 2021. The company's net revenue in Q1 2021 grew by 32% year-over-year (YoY) and ...
/ / Finance and M&A, Solar
Japan's JICA to Loan Upto JPY 10 Billion to Tata Cleantech to Finance Renewables

Japan’s JICA to Loan up to JPY 10 Billion to Tata Cleantech to Finance Renewables

Japan International Cooperation Agency (JICA) has signed a loan agreement for a maximum amount of JPY 10 billion (₹6.65 billion) with Tata Cleantech Capital (TCCL), an Indian non-banking financial company ...
/ / Finance and M&A, Other
Daily News Wrap-Up_ Goa Signs MoU With GEZ for 100% Renewable Energy Roadmap

Daily News Wrap-Up: Goa Signs MoU With GIZ for 100% Renewable Energy Roadmap

Goa's state government has signed a memorandum of understanding with German-based Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) to develop a state energy plan for a 100% renewable energy roadmap under ...
/ / Other, Renewable Energy
Orix Completes Acquisition of 21.8% Stake in Renewable Energy Developer Greenko

Orix Completes Acquisition of 21.8% Stake in Renewable Energy Developer Greenko

Japan-based financial services group Orix Corporation has announced that it has completed its acquisition of 21.8% stake in Indian renewable energy developer Greenko Energy Holdings. In September 2020, Orix had ...
/ / Finance and M&A, Other
Daily News Wrap-Up_ Hyderabad Metro Rail Goes Solar

Daily News Wrap-Up: Hyderabad Metro Rail Goes Solar

Here are some noteworthy cleantech announcements of the day from around the world: Amp Energy India has commissioned a behind-the-meter solar project for L&T Metro Rail (Hyderabad) Limited, a public-private ...
Mitsui India’s BIS Accredited Solar Testing Lab in Gujarat Kickstarts Operations

Mitsui India’s BIS Accredited Solar Testing Lab in Gujarat Kickstarts Operations

Japan-based Mitsui Chemicals Incorporated has started at its brand-new solar testing facility and certification laboratory in Ahmedabad, Gujarat. The lab, which is a Bureau of Indian Standards accredited (BIS) testing ...
/ / Markets & Policy, Solar
India’s NTPC Signs $482 Million Loan Agreement with Japan for Renewable Expansion

India’s NTPC Signs $482 Million Loan Agreement with Japan for Renewable Expansion

India’s largest energy conglomerate NTPC Ltd has entered into a foreign currency loan agreement with the Japanese Government’s financial institution, the Japan Bank for International Co-operation (JBIC). JBIC issued the ...
/ / Other, Renewable Energy
After China, Japan and South Korea Pledge to Become Carbon-Neutral by 2050

After China, Japan and South Korea Pledge to Become Carbon-Neutral by 2050

The world's third-largest economy, Japan, announced its plan to become carbon-neutral by 2050. In his first policy speech in the parliament, Yoshihide Suga, Prime Minister of Japan, said, “Responding to ...
/ / Other, Renewable Energy
These Solar Cells Could be Utilized for Solar-Powered Electric Vehicles

These Solar Cells Could be Utilized for Solar-Powered Electric Vehicles

A team of researchers from Toyota Motor Corporation, Sharp Corporation, and the New Energy and Industrial Technology Development Organization suggested a special kind of solar cell that could be utilized ...
/ / Electric Vehicles, Grid
China Leads the Lithium-Ion Battery Supply Chain as Europe Makes Progress_ BNEF Study

China Leads the Lithium-Ion Battery Supply Chain as Europe Makes Progress: BNEF Study

Chinese lithium-ion battery manufacturers are likely to retain their recently acquired number one position in the next five years. The U.S. and Sweden may emerge third and fourth by 2025, ...
Daily News Wrap-Up_ Sterling and Wilson Wins a 107 MW Solar EPC Project Worth $63 Million (1)

Daily News Wrap-Up: Sterling and Wilson Wins a 107 MW Solar EPC Project Worth $63 Million

Here are some noteworthy cleantech announcement of the day from around the world: Sterling and Wilson Solar Limited has won a 106.71 MW EPC project worth $62.6 million in Chile ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Apple to Expand its Renewable Energy Portfolio in Europe

Daily News Wrap-Up: Apple to Expand its Renewable Energy Portfolio in Europe

Here are some noteworthy cleantech announcements of the day from around the world: Global technology giant Apple announced that it would invest in two onshore wind turbines near the Danish ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Visaka Industries Acquires Patents for Integrated Solar Roof

Daily News Wrap-Up: Visaka Industries Acquires Patents for Integrated Solar Roof

Here are some noteworthy cleantech news and announcements of the day from around the world: Visaka Industries, an Indian cement roofing sheet manufacturer, announced that it had acquired patent rights ...
/ / Other, Renewable Energy
News Wrap-Up_ Meyer Burger Buys SolarWorld’s Plant, BP to Build 50 GW of Renewables

News Wrap-Up: Meyer Burger Buys SolarWorld’s Plant, BP to Build 50 GW of Renewables

Here are some noteworthy cleantech news and announcements from the around the world week: Meyer Burger, a Switzerland-based engineering company, announced that it had secured new locations to set up ...
/ / Other, Renewable Energy
Researchers Develop New Electrode Material to Make Lithium Batteries More Efficient

Researchers Develop New Electrode Material to Make Lithium Batteries More Efficient

Japanese researchers have developed a new electrode material that they claim will make lithium batteries cheaper, more stable, and capable of holding more charge for longer periods. The team was ...
Another Japanese Bank Says No to Financing New Coal-Powered Projects

Another Japanese Bank Says No to Financing New Coal-Powered Projects

Japan-based Sumitomo Mitsui Financial Group Inc (SMFG) has decided not to provide support to the newly-planned coal-fired power projects. The policy change will come into effect from May 1, 2020 ...
/ / Other, Other Energy
Japan’s Marubeni Acquires Taiwan’s Chenya Energy to Leverage Floating Solar Business

Japan’s Marubeni Acquires Taiwan’s Chenya Energy to Leverage Floating Solar Business

In an important development, Japan’s Marubeni Corporation has executed a share purchase agreement with I Squared Capital to acquire Chenya Energy Company Limited, which is one of the leading solar ...
/ / Finance and M&A, Solar
NTPC Raises $750 Billion Syndicated Loan to Reduce Emissions from Power Projects

NTPC Raises $750 Million Syndicated Loan to Reduce Emissions from Power Projects

The National Thermal Power Corporation (NTPC) announced that it had raised a syndicated loan worth $750 million (~₹53.5 billion) in Japanese Yen to fund capital expenditure for the installation of ...
/ / Other Energy
IL&FS Sells Seven Wind Power Subsidiaries Totaling 873 MW to Japan’s Orix

IL&FS Sells Seven Wind Power Subsidiaries Totaling 873 MW to Japan’s Orix

Orix, a financial services group headquartered in Tokyo, has announced that it will acquire 51% stake in seven wind power generating subsidiaries which it jointly owns with Infrastructure Leasing & ...
/ / Other, Wind
Karnataka is the Top Solar State in India with 5 GW in Cumulative Installed Capacity

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 ...
/ / Markets & Policy, Solar
Green Climate Fund Pledges $1 Billion to Fight Climate Change in Developing Countries

India Joins Hands with Japan and France for a Sustainable Future

The Cabinet has approved a Memorandum of Understanding (MoU) between India and France in the field of energy efficiency. The MoU is a science and technology agreement, which involves knowledge ...
/ / Other, Renewable Energy
Gujarat Decides to Implement Solar Agricultural Feeder Program on Pilot Basis

Oman’s PDO Awards 100 MW Solar Project to Marubeni Consortium

Petroleum Development Oman (PDO), a state owned oil producer in Oman, has announced that it has allocated a 100 MW solar project to the Marubeni Consortium, a consortium comprising the ...
/ / Markets & Policy, Solar
Japan’s Proposal to Rollback on Solar Subsidy Angers Investors and Operators

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 ...
/ / Markets & Policy, Solar