Solar Energy Market Research News

Emerging Nations To Account For 85% Electricity Demand By 2027-IEA

Global electricity demand rose by 4.3% in 2024 and is forecast to continue growing at close to 4% through 2027. Over the next three years, global electricity consumption is expected to rise by 3,500 TWh, according to a recent report by the International Energy Agency (IEA). Moreover, the study found most additional electricity demand through […]

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Trentar Energy, KPIT in Tie-Up To Commercialise Sodium Ion Battery Technology

KPIT Technologies, a building mobility solutions provider, and Trentar Energy Solutions Pvt. Ltd., which caters to the electrical mobility and energy storage space recently collaborated on Sodium-Ion Battery Technology. Under this collaboration, KPIT plans to transfer its sodium-ion battery technology to Trentar Energy Solutions, to operationalize and commercialize it further. In Dec 2023, KPIT unveiled […]

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RenewSys Brings Anti-Acid EVA Technology To Prevent Solar Cell Corrosion

RenewSys, a PV module manufacturer of encapsulants and backsheets, has introduced its new EVA encapsulant. This latest technology is designed to address a long-standing issue that affects the lifespan of solar modules. Corrosion of metal parts in the cell and aging-related delamination are now preventable with the Anti-Acid EVA Encapsulant, which is specifically designed to […]

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PM-KUSUM Fund Allocation Rises, Maharashtra Sees Major Surge

India witnessed an increase in funds allocated under the PM-KUSUM scheme until FY 2024-25 (as of 29.01.2025), reaching a cumulative ₹1,961.39 crore. Some of the major beneficiary states that saw a jump in allocation under the PM-KUSUM scheme during this period include Gujarat, which witnessed an increase from ₹28.72 crore in FY 2023-24 to ₹47.96 […]

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Global Renewables Cost Expected To Fall By 2-11%: BloombergNEF

A latest report by BloombergNEF (BNEF) said that the global cost of clean power technologies such as wind, solar, and battery technologies is expected to fall further by 2-11% in 2025, breaking last year’s record. According to the report, new wind and solar farms are already undercutting new coal and gas plants in production costs […]

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Renewable Energy Tariffs Drop 50% Since FY 2013-14: Govt

The Ministry of New and Renewable Energy (MNRE) said that renewable energy tariffs in the country have gone down up to 50% since 2013-14. The information was furnished by the ministry before the Parliament in a written reply. Mentioning the range of tariff rates, the MNRE Minister Pralhad Joshi said, “The range of tariffs discovered […]

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US New Orders Can Drop EV Adoption To 23%: Wood Mackenzie

United States (US) recent executive orders could have profound implications on electric vehicles (EV), slowing down the pace of adoption, according to a recent report from Wood Mackenzie. According to its report, “Trump’s executive orders unsettle electric vehicle and battery markets” policy changes have impacted the EV, battery, and raw material markets in the US […]

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Germany’s Battery Storage Capacity Soars To 19 GWh In 2024

After exceeding the 100 GW mark in solar energy production in 2024, Germany has now installed more than 1.8 million storage systems with a total capacity of 19 gigawatt-hours (GWh) at the turn of the year. This is mathematically sufficient to store the average daily electricity consumption of more than two million two-person households in […]

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Global Energy Transition Investments Exceed $2Tn: BloombergNEF

BloombergNEF’s annual report found that low-carbon energy transition investment grew by 11% worldwide, reaching a record $2.1 trillion in 2024. According to the Energy Transition Investment Trends 2025 report, this growth was driven by electrified transport, renewable energy, and power grids. The report revealed that all these sectors reached new highs last year, along with […]

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