Solar Energy Market Research News

EVs Could Account for 43% of Total Vehicle Sales in India by 2030: CEEW-CEF

CEEW-CEF has revealed that according to its high adoption scenario, EVs could account for 43% of the total new vehicle sales in India by 2030. A new study by the CEEW – Centre for Energy Finance (CEF) has analysed segment-wise electric vehicle (EV) sales, battery requirements, public charging infrastructure necessary, and the investments needed until […]

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Vestas, Siemens Gamesa and GE Will Capture 60% of Global Market by 2029: WoodMac

The top three wind turbine OEMs – Vestas, Siemens Gamesa and GE – will increase their combined global market share to 60 percent by 2029. According to a new report, the top three wind turbine players (OEMs) in the world, in Vestas, Siemens Gamesa Renewable Energy and GE Renewable Energy, will increase their combined global […]

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As Battery Cell Prices Hit $110/KWH, Challenges Remain- Report

According to Benchmark Mineral Intelligence’s study, Lithium-ion battery cell prices have decreased from $290/kWh in 2014 to $110/kWh in 2020 (large contract automotive), and there is a view in the lithium-ion industry that this trend will continue indefinitely. This in turn will lower the price of electric vehicles and bring cost parity between the internal […]

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Growing Opportunities for Hybrid AC-DC Infrastructure in India: Report

A new report by GOGLA attempts to deep dive into the relevance of hybrid AC-DC (HAD) energy infrastructure in India A new report by GOGLA attempts to deep dive into the relevance of hybrid AC-DC (HAD) energy infrastructure in India with the objective of providing insights into how energy-efficient appliances can be integrated with the electricity […]

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COVID-19 Further Slowed Down Global Progress on Energy Efficiency: IEA

A new IEA report has stated that the already sluggish pace of global progress on energy efficiency is set to slow further as a result of the economic impacts of the COVID-19 crisis. A new report by the International Energy Agency (IEA) has stated that the already sluggish pace of global progress on energy efficiency […]

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Key Factors Behind India’s Record Low Solar Tariff of Rs 2/kWh: IEEFA

In the recent SECI auction, India set a new record low solar tariff of Rs 2/kWh, IEEFA takes a look at the key factors behind it. In the recent Solar Energy Corporation of India (SECI) auction which was concluded on November 23, 2020, India set a new record low tariff for solar projects at Rs […]

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Energy Storage Market in the US Breaks Records in Third Quarter: Report

A new report has revealed that 476  MW of energy storage capacity were  deployed in the US in the third quarter of 2020, setting a new record A new report has revealed that 476  megawatts (MW) of storage were  deployed in the US in the third quarter of 2020, an increase of  240 percent over […]

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Growth in Number of Profitable DRE Enterprises in FY 2019/20: Report

A new report surveying 63 DRE businesses showed that there was a growth in the number of profitable RE businesses in FY 2019/20. The fourth edition of the ‘State of the Decentralized Renewable Energy Sector in India 2019/20’ report was recently launched by the CLEAN Network, in an attempt to present an overview of the […]

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Renewables in APAC to be Cheaper Than Coal by 2030, Led by India

A new report shows that most markets in the Asia Pacific (APAC) region can expect to see a cheaper levelised cost of electricity (LCOE) for renewables compared to coal by 2030. With India and Australia expected to lead the charge. The latest report by Wood Mackenzie tails that across the region, new investments in renewables […]

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