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Electricity Market

Green Projects Fuel Demand for Cogeneration Equipment Market: Study

The global cogeneration equipment market, which was valued at US$ 20.25 Bn in 2018, would expand at a CAGR of 9.84% during the forecast period of 2019–2027, according to analysts at market intelligence company Transparency Market Research (TMR). The concept of cogeneration includes simultaneous heat and electricity generation from a single fuel source, including biomass […]

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Renewable Energy Marketplace LevelTen Raises $35 Million Series C Funding

LevelTen Energy, a leading provider of renewable transaction infrastructure, has completed a $35 million Series C funding round led by NGP ETP, with participation from My Climate Journey (MCJ) Collective, as well as nearly all of LevelTen’s existing investors, including Avista Development, Constellation Technology Ventures, Equinor Ventures, Founders’ Co-op, Prelude Ventures, Techstars, TotalEnergies Ventures and […]

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One Year On, Vedanta Emerges as Top Buyer On GTAM Market of IEX

Indian Energy Exchange, (IEX) celebrated the first anniversary of the start of trading on its its Green Term Ahead Market (GTAM) with a special conference. IEX informs us that the GTAM has cumulatively traded 2744 MU of renewable energy in its first year comprising of 1267 MU volume in the solar segment and 1477 MU […]

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IKEA To Start Selling Renewable Electricity To Swedish Households

IKEA, which started selling solar panels and other equipment at its stores sometime back, is now moving into direct electricity selling too. Under the plan that the global retailer of furniture and other items has announced, IKEA’s solar panel producer, Svea Solar will be buying renewable electricity on the Nordic power exchange Nord Pool and […]

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Global EV Charging Station Market to Reach $93 Billion by 2027: Report

The global Electric Vehicle Charging Station (EVCS) market has been fuelled by a growing awareness of environmental conservation and carbon emission reduction. Hence, it has been estimated that the global EVCS market will grow at a compound annual growth rate (CAGR) of 20% from 2021 to 2027 and reach $93 billion by 2027, according to […]

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“We have pioneered in solving the twin problems of supply and demand of electricity”, Pranesh Chaudhary, Zunroof

ZunRoof  was one of the early movers on the solar rooftop space, going the start up way with fund raises and an aggressive expansion strategy. From solar rooftops, where the IIT Kharagpur educated founders touted their proprietary tools for tracking and performance to the move into IoT based devices for energy savings, the firm has […]

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Asia Pacific Offshore Wind Market To Be Worth $56.8 B by 2026: Report

The global offshore wind market is expected to grow from an estimated USD 31.8 billion in 2021 to USD 56.8 billion by 2026, at a CAGR of 12.3% during the forecast period. During this time, the Asia Pacific region is expected to dominate the market. Offshore wind turbines are increasingly being installed and is showing […]

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Global Distributed Generation (DG) Market to Reach $168.3 Billion by 2024

Market research company Global Industry Analysts Inc., (GIA) has released a report where it projects the size of the global distributed generation market, in a post covid scenario. Distributed generation refers to small-to-medium scale modular power generation plants that are embedded into the distribution network at a point closer to the site of consumption than […]

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