market research

US Faced $5,720/MWdc/Year Potential Revenue Solar Asset Loss

In 2024, solar assets in the United States faced an average potential revenue loss of $5,720 per MWdc per year, Raptor Maps’ Power Loss dataset revealed. It attributed this to equipment-related underperformance. It said that this marked a 15% increase from 2023 and a 214% surge over the past five years. Raptor Maps’ Power Loss […]

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Global Battery Deployment Surges 15%, BESS Gains 55%

2024 marked a year of continued growth and adaptation in the global battery industry. Global electric vehicle (EV) sales climbed 25% to 17.7 million units, with Battery Electric Vehicle (BEV) demand up 14%, while Plug-in hybrid electric vehicles  (PHEV) demand surged 50%. For the first time, battery electric vehicles (BEVs) in China have reached price […]

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Low Tariffs, Land Issues Limit Wind Auctions to 5.2 GW in FY23-25: CRISIL

India’s annual wind power capacity addition will more than double to 7.1 GW on average in the next two fiscal years, compared with 3.4 GW in fiscal 2023-25. This can take the installed wind capacity up to ~63 GW by fiscal 2027, according to CRISIL research. However, capacity additions over fiscal years 2023-25 continued to […]

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India Adds 35 GW Power in 2024, Solar Leads with 71% Share: Study

India added nearly 35 gigawatts (GW) of power capacity in 2024, setting a new record for the calendar year. According to the GEM study,  Solar photovoltaic (PV) capacity made up almost 25 GW (71%) of all additions across the power sector, a record annual capacity addition for any technology in India. Despite the strong year, […]

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FDRE Projects Prone To Several Financial Risks, Says EMBER

A new report from Ember maps various financial risks associated with renewable projects. Based on the assessment of these risks, the report estimates the premiums associated with them and the overall impact of the risks on the cost of capital. The report moves beyond traditional “thumb rules” for calculating risk premiums by adopting a data—and […]

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BESS Deployments In January Over 13 GWh Globally With 94% YoY Rise

January 2025 proved to be the strongest first month on record for the expanding energy storage market. Over 13 GWh of storage entered operation in the grid market across 81 projects, marking a year-on-year increase of 94%. It also shared an update on the Battery Energy Storage System (BESS) deployment during this period. Rho Motion […]

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Laos, India, And US Made Modules Exhibit Highest Defect Rates-Kiwi Research

The latest report by Kiwi Research, claims that Modules made in Laos, India, and the U.S. exhibit the highest module defect rates, exceeding 8% (percentages are per batch of PSI samples). The report drew this conclusion based on defect rates observed during PSI across various manufacturing countries. The study stated, “This trend can be attributed […]

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Brazil’s Solar Growth Soars, Eyes 200 GW by 2050

Brazil needs to rapidly scale its decarbonization efforts to become a net-zero economy by 2050, according to New Energy Outlook: Brazil, released by BloombergNEF (BNEF). The report builds on the results of BNEF’s flagship New Energy Outlook 2024 and examines Brazil’s decarbonization trajectory using bottom-up modeling across the power, transport, industry, and buildings sectors through […]

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Only 30-40% of EV Supply Chain Localized: ICRA

Investment Information and Credit Rating Agency, ICRA found that at present, only 30-40% of the EV supply chain is localized. There has been substantial localization in traction motors, control units, and battery management systems over the years, while battery cells, which constitute 35-40% of a vehicle’s cost, are still entirely imported. The relatively low localization […]

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