BNEF

After Aborting Module Making Plan, Coal India To Expand RE Production

India’s premier public sector coal mining company-Coal India Limited (CIL) has planned to boost the growth of renewables under its portfolio. This comes after the public utility aborted its earlier plan to produce solar panels. Speaking recently at the Bloomberg BNEF Summit, Debashish Nanda, Director-Business Development of Coal India said that the company as of […]

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Land Issues Slowing Down RE Projects In South Asia: Bloomberg

According to a recent report by Bloomberg’s New Energy Outlook (BNEF), renewables can overtake fossil fuels to reach 51% of power supply in 2030, 63% in 2040, and 70% in 2050. Bloomberg reported the current scenario and found that the global electricity demand based on the Economic Transition Scenario (ETS) grew by over 70% from […]

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Trina Storage & Pacific Green Sign Letter of Intent of 1500 MWh

Trina Storage and Pacific Green have signed a letter of intent relating to 1,500 MWh integrated energy storage solutions at the World Future Energy Summit held in Abu Dhabi in the United Arab Emirates from April 16 to 18 the global energy storage and technology companies. Under the agreement Trina Storage and Pacific Green will […]

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Global Solar Outlook 2024- BNEF Expects 655GWdc Addition In Best Case

Amid early expectations of a possible stall in China’s solar additions in 2024, comes the latest Global PV Market Outlook from BNEF. The report has projected up to 655GWdc of solar PV capacity additions this year in its optimistic scenario, with its conservative forecast projecting 520GWdc. For the record, it tracked 444GWdc of solar capacity […]

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Global Solar Installations Could Touch 574 GW In 2024, Predicts BloombergNEF

The latest report by energy think tank BloombergNEF forecasts that there could be solar installations of capacity as high as 574 GW this year. The new global PV outlook report says the new installations hit 444 GW in 2023 instead of having peaked at 413 GW as was predicted earlier by BloombergNEF. The research further […]

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Trina Storage Secures Position in BNEF Tier 1 List for Q1 2024

Trina Storage, an energy storage solution provider, has been included in the esteemed Bloomberg New Energy Finance (BNEF) Energy Storage Tier 1 List for the first quarter of 2024. BNEF stands as a reputable industry research organisation in the field of new energy, recognised for its credibility and expertise. The BNEF list aims to clearly […]

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Application of Silicone Sealant in Solar Modules

Introduction Solar module manufacturing appears to be quite simple, yet the performance and life cycle of the module depends on every individual part, whose effective coordination is expected to extend the durable life of solar module to 25 years or longer. Today, we look at solar sealant, perhaps the least noticed, but a critical and […]

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India Needs $223 Billion To Meet 500 GW RE Target By 2030

As per the findings revealed in a new report by BloombergNEF (BNEF) in a seminar in New Delhi on June 22, India will need $223 billion of investment to meet the target of wind and solar capacity installations up to 500GW by 2030. A Look At The Numbers In a telling trend, the country has […]

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