Renewable Energy
GE Vernova sales grow 6% to $7.26 bn in first-quarter
GE Vernova has reported $7.26 billion (up 6 percent) for the first quarter ending March 31, 2024.
“We delivered solid results with margin expansion across each segment. The energy transition is a...
Latest News
Solar
Canadian Solar expects module shipments of 20-22 GW in 2022
Canadian Solar said total module shipments in the fourth quarter of 2021 were 3.83 GW, a 28 percent y-o-y increase and 1 percent quarter-over-quarter decrease. Of...
Renewable Energy
Court Ruling positive for Indian renewable generators’ liquidity: Fitch Ratings
A recent ruling by the High Court of Andhra Pradesh that directs distribution utilities in the Indian state to make long-delayed payments to renewable...
Wind
Vestas secures 86 MW order with PCR in Argentina
Vestas has secured an 86 MW order with Petroquimica Comodoro Rivadavia (PCR), for two projects in Argentina: Mataco III and Vivorata, nearby Bahia Blanca...
Solar
Canadian Solar starts production of 54-cell modules for rooftop solar
Canadian Solar announced it has started production and delivery of 54-cell modules of up to 420 W based on 182 mm PERC cell for rooftop solar...
Solar
Enfinity Global secures $195 mn in financing for 70 MW solar plant in Japan
Enfinity Global, a leader in renewable energy, has secured $195 million (¥29.2 billion) in financing for a 70 MW solar power plant in Japan.
Nomura Securities acted as initial lead...
Solar
SunPower Reveals Major Workforce Reduction and Restructuring Plan
SunPower, a leading solar firm, has revealed plans to streamline its operations, including a reduction of approximately 1,000 employees, as part of a restructuring initiative aimed at cutting costs.
The...
Wind
Orsted starts Greater Changhua offshore wind farms in Taiwan
Orsted today announced the inauguration of the Greater Changhua 1 and 2a offshore wind farms in Taiwan.
The total installed capacity of Greater Changhua 1 and 2a offshore wind farms in Taiwan is...
Wind
Scout Clean Energy Signs PPA with Zoetis for Heart of Texas Wind Farm
Scout Clean Energy has finalized a Virtual Power Purchase Agreement (VPPA) with Zoetis for a 50 MW portion of Scout’s operational Heart of Texas...
Wind
Global Wind Energy Sector Sees Record Growth, GWEC Revises Target
The global wind industry witnessed unprecedented growth in 2023, setting a new record by installing 117 gigawatts (GW) of new capacity.
This milestone, detailed in...
Power
U.S. Electric Utilities Brace for Surge in Power Demand from Data Centers
Electric utilities across the United States are preparing for a significant increase in electricity demand driven by data centers powering advanced technologies like generative...
Power
NTPC Sets Ambitious Targets for Clean Energy Expansion
NTPC Ltd., India’s leading integrated power utility, has unveiled plans to bolster its installed capacity by 5GW, signaling a firm commitment to delivering clean,...
climate
Europe’s Carbon Border Adjustment Mechanism to Impact Aluminium Market, Reports Wood Mackenzie
European Union’s implementation of a Carbon Border Adjustment Mechanism (CBAM) will have a negative impact on the primary aluminium market, Wood Mackenzie said
The report,...
climate
Solargis Issues Warning on Winter Solar Performance in India
Solargis, a provider of solar data and software solutions, has sounded the alarm about the adverse impact of poor air quality on India’s solar...
Renewable Energy
GE Vernova sales grow 6% to $7.26 bn in first-quarter
GE Vernova has reported $7.26 billion (up 6 percent) for the first quarter ending March 31, 2024.
“We delivered solid results with margin expansion across...
Renewable Energy
Equinor renewable production surges 48% to 774 GWh in first-quarter
Equinor, Norway’s prominent oil and gas producer, has reported operating income of $7.63 billion and net income of $2.67 billion during the first quarter...
Water
Berg Insight Forecasts Doubling of Water Utility AMI Endpoints in Europe and North America
Berg Insight, an IoT analyst firm, indicates a significant surge in the installed base of water utility AMI endpoints across Europe and North America.
The...
Water
Water and wastewater treatment firm Gradiant raised $225 mn
Gradiant, a global solutions provider of water and wastewater treatment, has raised $225 million in its first close of Series D financing.
The round was...