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Electricity Market

WoodMac On The Commercial Charging Market For Heavy Vehicles To 2050

WoodMac says that commercial electric vehicle charging equipment market worth over $870 billion by 2050 Global research agency Wood Mackenzie believes commercial vehicle electrification is on the cusp of exponential growth, largely driven by climate policy and decarbonisation goals. The agency says that government funding and zero-emission vehicle regulations are strong drivers for commercial electric […]

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Sungrow Launches the Latest 75 kW String Inverter for Brazilian DG Market

Sungrow, the global leading inverter solution supplier for renewables, rolled out the Company’s latest commercial string inverter SG75CX for Brazilian micro-generation power plants, showcasing the Company’s continued commitment to comply with the regional power demand and decarbonize the local economy. The Brazilian solar market has not been significantly impacted due to the COVID-19 crisis as […]

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Solar now the Cheapest Source of new Power in Many Markets: WoodMac

A new report finds that by 2030, solar will become the cheapest source of new power in every US state, plus Canada, China & 14 other nations The cost of solar power has dropped 90 percent over the last two decades, and will likely fall another 15 percent to 25 percent in the decade to […]

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Urgency of Meeting Electricity Demand in China From Zero-Carbon Sources: Report

A new report has highlighted both the opportunity and urgency of meeting electricity demand growth in China from zero-carbon sources. On September 22, 2020, President Xi Jinping announced that China will strive to peak emissions before 2030 and achieve carbon neutrality before 2060. This new climate pledge is a critical step forward in the global […]

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Electricity Generation From Renewables Increased 6.9 percent in Nov’20: Ind-Ra

India Ratings has detailed that the electricity generation from renewables in November 2020 increased by 6.9 percent yoy to 9.2 BU. In its latest power sector report, India Ratings (Ind-Ra) has detailed that the electricity generation from renewables sources in November 2020 increased by 6.9 percent yoy to 9.2 billion units. The report also highlighted […]

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EDF, Capgemini to Offer Smart Meters and Grid Across key Markets Including India

EDF International Networks and Capgemini have partnered to confirm their position as major players for emerging smart grid projects worldwide EDF International Networks, a subsidiary of the EDF Group, and Capgemini have signed a partnership agreement to combine their expertise and together confirm their position as major players for emerging smart grid projects worldwide. The […]

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China & India to Lead Revival of Electricity Demand in 2021: IEA

After experiencing its biggest decline in decades, global electricity demand is expected to rebound in 2021, led by growth in China & India After experiencing its biggest decline in decades, global electricity demand is expected to rebound modestly in 2021, led by growth in China, India and other emerging economies, according to a new report […]

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US Market On Course For 19 GW Solar Additions in 2020

A report brought out by Wood Mackenzie (Woodmac), a research firm, and the Solar Energy Industries Association (SEIA) in the US states that the country is on course for adding 19 GW of solar during 2020. That would be a creditable achievement, considering the worst of the Covid pandemic still continues to run through the […]

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Rising Market Cap Fuels Acquisition Ambitions For US Renewable Energy Firms

Early in October this year, NextEra Energy, a renewable energy firm with almost 18 GW of solar and wind plants till last year, overtook Exxon Mobil in market cap for the first time ever. The event marked both the rising tide for renewable energy firms seen as leading the new energy transition, and the mark […]

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