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Electricity Market

OX2 Looks To Construct 5.5 GW Offshore Wind Farm Off Sweden

Global renewable energy developer OX2 has announced that it has submitted a permit application under the law that deals with Sweden’s Exclusive Economic Zone for the construction of an offshore wind farm. The project called Aurora will come up between the islands of Gotland and Oland.  Sweden is aiming to double its renewable energy capacity  […]

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Battery Swapping Primer: A Viable Alternative to Charging Stations

Battery swapping can be a game-changer, bringing the world a few steps closer to electric vehicles. It has the potential to enhance the attractiveness of electric mobility by addressing both the early market purchase price disparities with conventional vehicles and, importantly, the recharging time challenges of electric vehicles (EVs). A swap station offers a fully […]

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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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New Fitch Report Says Saudi Arabia Solar Power Expansion To Reach 5.1 GW By 2031

Fitch Solutions has come up with a fresh report stating that the solar power capacity of Saudi Arabia might grow to more than 5.1 GW between 2022 and 2031. The solar expansion holds massive potential given the long-term power sector plans and policy support from the Saudi Arabia government. The report also said that Saudi […]

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State Of Offshore Wind Power in India

The Indian renewable energy sector has grown at a compounded annual growth rate of over 15.50 per cent in the last five years, with wind sector growth at about 8 per cent. India’s energy use is slated to grow by 3% per annum up to 2040. All this, even as the country has committed to […]

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EU Votes To Ban Sales Of CO2 Emitting Combustion Engine Cars and Vans by 2035

The European Union has mandated a ban on vehicles powered by internal combustion engines (ICE) by 2035. The EU Parliament has voted in favour of cars and vans with zero emissions and stipulated 2035 as the deadline to achieve the mammoth target. EU Heralding EV Revolution The judgement has come at a time when giant […]

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Asia’s Largest Railway Hub Receives DeepBlue 3.0 for Rooftop PV from JA Solar

Asia’s largest railway in Beijing went operational from June 20, 2022. JA Solar, a leading solar manufacturer in China, provided DeepBlue 3.0 modules for rooftop PV of Beijing Fengtai Railway Station. On Asia’s largest railway station’s rooftop, a 5.9MW distributed PV system using JA Solar DeepBlue 3.0 modules has been installed. This rooftop solar plant […]

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California Set To Add 465 MW More Solar Projects to Its Energy Portfolio In 2022

California is going to add two new big solar projects (Arica solar project & Victory Pass solar project) to its energy portfolio for the year 2022. The U.S. Department of the Interior, Bureau of Land Management has approved the development of both solar projects. Solar developer of both projects, Clearway Energy is ready to install […]

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