Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience. April 02, 2020

Canadian Solar Raises Us$30 Million From The China-portuguese Speaking Countries Cooperation And Development Fund

GUELPH, Ontario, April 2, 2020 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, announced today that it has closed US$30 million in funding from the China-Portuguese Speaking Countries Cooperation...
Read by 72% of LPs April 02, 2020

Oil Market Shock To Affect Global Supply Chains, Energy Sector: Iea | Business Standard News

Oil prices crumbled as the pandemic slashed global fuel consumption, with further pressure from a supply shock due to the end of production cuts from OPEC producers and Russia.
Read by 50% of LPs April 01, 2020

Bmo Hikes Gold Forecast; Prices 'natural Beneficiary' Of Low Interest Rates | Kitco News

(Kitco News) - BMO Capital Markets upgraded its forecast for gold prices Wednesday while downgrading the outlook for many other commodities.
Read by 58% of LPs April 01, 2020

Renewable Power Purchase Agreements Surge More Than 25% In Europe

Renewable power purchase agreements (PPAs) made by corporates in Europe totalled 8GW in 2019, up from 5.5GW in 2018.: Renewable power purchase agreements (PPAs) made by corporates in Europe totalled 8GW in 2019, up from 5.5GW in 2018. That is a headline conclusion of the latest research and advice paper from the RE-Source Platform, a consortium consisting of The Climate Group's RE100 initiative and its member corporates; WindEurope, SolarPower Europe; CDP and the World Business Council for Sustainable Development (WBCSD). According to the report, wind accounted for 85% of the off-site PPA deals made in 2019 by value.
Read by 51% of LPs March 31, 2020

Renewable Energy Etfs Could Be A Stable Play During Distressing Times

Renewable energy or clean energy ETFs that track industries like wind and solar farms are attracting more interest among investors seeking low-risk opportunities during this volatile period. "There is certainly some increased interest and discussion around uncorrelated yields, and renewables falls into that category," David Giordano, global head of renewable power at BlackRock Inc, told [...] The post Renewable Energy ETFs Could Be a More Stable Play During Distressing Times appeared first on ETF Trends.
Read by 37% of LPs March 31, 2020

Germany's Maxed-out Power Grid Is Causing Trouble Across Europe | Greentech Media

The growing mismatch between Germany's renewables capacity and the strength of its electricity network is leading to curtailment, crazy pricing and challenges for neighboring nations. Although Germany is generating record amounts of clean energy in the north, its grid is too weak to transport all the power down to load centers in the south -- a longstanding challenge for the country that's only getting worse. One of the most visible effects of this renewable energy saturation on the German grid is negative wholesale electricity prices, or times when consumers are effectively being paid to use excess power.
Read by 46% of LPs March 30, 2020

Big Oil's Interest In Renewable Energy Investments Expected To Waver: Report

Budget cutting in response to the twin challenges of COVID-19 demand destruction and low oil prices mean the world's oil and gas industry will likely spend less on renewable energy going forward. But a report from consultancy Wood Mackenzie says that won't likely slow the overall investment in renewables -- fossil fuel players really weren't putting much money into it anyway. "In a US$60 per barrel oil price environment, most companies were generating strong cash flow and could afford to think about carbon mitigation strategies," said Valentina Kretzschmar, vice-president, corporate analysis, at Wood Mackenzie.
Read by 32% of LPs March 27, 2020

Mnre To Issue Uniform Norms For Purchase Of Renewable Energy From Various Sources | Business Standard News

The Ministry of New and Renewable Energy (MNRE) on Friday said it will issue uniform norms to procure clean energy from all sources like solar, wind and hybrid to give a boost to the investment. The decision was taken during review meetings of MNRE Minister R K Singh with officials held on Friday and Thursday through video conferencing. The ministry in a statement mentioned that it will continue to bring out new bids so that investors can plan their investment. The ministry officials are working through e-office amid restrictions placed to contain coronavirus spread.
Read by 73% of LPs March 27, 2020

Ntpc Buys Two India Power Producers For $1.52B To Boost Renewable Portfolio - Nikkei Asian Review

MUMBAI (NewsRise) -- NTPC's acquisition of government's stake in THDC India and North Eastern Electric Power Corp. will help India's largest power-generation utility boost its renewable energy fuel mix and curb the dominance of coal, analysts said. The state-run power generator signed pacts with federal government on Thursday to acquire New Delhi's entire stake in the two companies for a total of 115 billion rupees ($1.52 billion) in cash.
Read by 63% of LPs March 25, 2020

Solar Ceo: Expand Investment Tax Credit To Include Domestic Oil And Gas

Based in Houston, Sunnova is a residential solar and battery storage service provider that has developed a multi-faceted strategy that enables homeowners to power their homes with affordable solar energy, offering savings to solar-only customers.
Read by 31% of LPs