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Electricity Market

Canadian Solar to Mass Produce TOPCon Modules in 2023

Global solar conglomerate Canadian Solar has announced that its majority-owned subsidiary CSI Solar Co. Ltd. will start mass production of high efficiency N-type TOPCon (Tunnel Oxide Passivated Contact) solar modules in the first quarter of 2023. The move comes even as other industry majors like Jinko Solar and Trina Solar have indicated that n-type modules […]

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US, Canada, India will Make up 80% of Global Expansion of Biofuel Use: IEA

A study titled “Analysis and Forecast to 2027” has been released by the IEA (International Energy Agency). The IEA’s main analysis of the industry, Renewables 2022, is based on recent changes in market conditions and policy. It projects the adoption of renewable energy technologies for electricity, transportation, and heating through 2027 while also examining the […]

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Home Battery Storage: Are Car Companies Going Beyond EV Charging Systems?

The advent of electric vehicles as a new mode of mobility also boosted the market for electric vehicle (EV) charging systems worldwide. The market is expected to grow at a CAGR of around 30 per cent between 2021-2028. While the rise of EVs resulting in the growth of the EV charging market is understandable, automakers […]

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Verbund AG enters Italy with 250 MWp Solar PV Project

Verbund AG has announced that its Executive Board has approved the company’s market entry into the Italian market. Verbund AG has signed a cooperation agreement with the PV-Invest Group for the acquisition of a project development company including development of a solar photovoltaic (PV) project portfolio of up to 250 MWp. Verbund said that the […]

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Mahindra CIE Automotive Takes 27% Stake in Captive Power Developer Strongsun Solar

Automotive component maker and supplier Mahindra CIE Automotive has said that it has invested Rs 2.42 crore in Strongsun Solar. Mahindra has made the investment through a subscription of 3,03,250 equity shares of Rs 10 each of Strongsun Solar which will constitute 27.35% of the post-issue paid-up capital of the renewable energy company. Strongsun Solar […]

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Bp Takes Control Of AREH – Australia’s Largest Renewables Project

Global energy conglomerate bp has now officially taken over the operations at the Asian Renewable Energy Hub (AREH) – which is the largest renewable energy project in Australia – after it has acquired a 40.5 per cent equity stake in AREH. Situated in the Pilbara, Western Australia, bp held that the RE hub has potential […]

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Djibouti Inks Pact For 10-GW Renewables & Green Hydrogen Project

A Memorandum of Understanding (MoU) has been signed between renewable energy developer CWP Global and the government of Djibouti for the development of a 10-GW renewable energy and green hydrogen project in Djibouti. Djibouti presently has a mere 62% of its  population that has access to electricity. CWP Global held that the RE project is […]

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Plans To Prepare Grid For 500 GW Of Renewables Announced For India

India continues to put the building blocks in place for meeting its ambitious climate goals, of which one of the biggest ones, 500 GW of renewable power capacity by 2030 is well and truly on its way. Matching intent with ability is the latest plan titled “Transmission System for Integration of over 500 GW RE […]

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Nexus Energy Partners with Green-e to Offer Certified Renewable Energy Option

North America based power marketing firm Nexus Energy has announced that it is enhancing its sustainability-focused product offerings to include the Nexus Renewable Energy Certificate (REC) program, certified by the non-profit Center for Resource Solutions’ Green-e Energy program which is a global leader in clean energy certification. Alvin Tang, CEO, Nexus Energy, said, “Nexus Energy […]

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