Solar Energy Market Research News

APAC’s RE Capacity to Grow to 815 GW in 2025, led by Solar: Report

The installed capacity of RE in the Asia-Pacific region is set for a major boost in the next five years, reaching 815 GW in 2025 from 517 GW this year The installed capacity of renewable energy (RE) in the Asia-Pacific (APAC) region is set for a major boost in the next five years, to 815 […]

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Viable Battery Costs Remain Critical to EV Penetration in India: Ind-Ra

Ind-Ra claims that battery remains the most critical component of an EV due to both cost viability (30-40 percent of EV cost) and technological expertise. India Ratings and Research (Ind-Ra) in its latest market analysis has predicted (that driven by the economic slowdown induced by the Coronavirus pandemic) a delay in the penetration of electric […]

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Pandemic to Delay EV Penetration in India; 2Ws in the Clear: Ind-Ra

Ind-Ra has detailed in its latest analysis that it expects the COVID-19 pandemic to delay the electric vehicle (EV) penetration in India. India Ratings and Research (Ind-Ra) has detailed in its latest analysis that it expects the COVID-19 pandemic to delay the electric vehicle (EV) penetration in India. The analysis cites low affordability and the […]

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PV Module Innovations to Help Drive Down Solar Costs in 2020s: WoodMac

In the 2020s, improvement in module efficiency and power class will propel the declining capex trend-forward and ultimately lower the solar LCOE The global solar industry has experienced tremendous growth in the past decade as the annual demand for solar rose year after year while the cost of solar declined significantly. In the 2020s, solar […]

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More Jobs, More GDP & Lower Emissions With Green Recovery Plans: Study

If all major nations developed green recovery plans, global emissions would be lower and millions of new jobs would be created in the energy and transport sectors. If all major nations, including India, the US, UK, etc. developed strong plans for a green recovery from COVID-19, global annual emissions would be seven percent lower in 2030 than […]

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Each new Wind Turbine Installed in Europe Generates €10m of Economic Activity

Wind energy is 300,000 jobs in Europe and contributes EUR 37 billion to EU GDP every year according to WindEurope’s new report ‘Wind Energy and economic recovery in Europe – How wind energy will put communities at the heart of the European recovery”. European leadership in wind energy will continue to boost jobs and benefit communities. Delivering the National Energy and Climate Plans is […]

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Over 17 GW of Wind Turbine Capacity Ordered Globally in Q2 2020: WoodMac

The second quarter of 2020 (Q2) saw more than 17 GW of wind turbine capacity ordered globally, according to a new analysis from Wood Mackenzie. The second quarter of 2020 (Q2) saw more than 17 GW of wind turbine capacity ordered globally. This equates to an estimated USD 16 billion, according to a new analysis […]

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Renewable Energy Investments can Surge 35% Through FY23 in India: CRISIL

Whetted global investor interest and enabling regulations can fuel a 35 percent growth in renewable energy investments in India through FY 2023. A new CRISIL analysis has estimated that by stimulating global investor interest and enabling regulations, India can fuel the addition of as much as 35 GW of renewable energy (solar and wind power) […]

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Wind-Solar Hybrid Projects Estimated to Reach 11.7 GW by 2023: Report

India’s total wind-solar hybrid capacity is expected to grow rapidly to reach nearly 11.7 GW by 2023, according to a new report by IEEFA and JMK Research. India’s total wind-solar hybrid capacity is expected to grow rapidly to reach nearly 11.7 gigawatts (GW) by 2023, according to a new report by the Institute for Energy Economics and […]

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