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Electricity Market

ReneSola Joins Consortium Developing 30 MW Solar Plant in France

ReneSola has announced it will participate in a consortium to develop a large-scale ground-mounted solar plant in the south of France. ReneSola, a leading fully integrated global solar project developer, has announced that it will participate in a consortium to develop a large-scale ground-mounted solar plant in the south of France. The plant is expected to produce […]

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India to add 15 GW of Wind-Solar Hybrid Power Over Next 5 Years: CRISIL

In its new report, CRISIL takes a look at wind-solar hybrid (WSH) projects in India, which it estimates will reach 15 GW capacity over the next 5 years. In its new report, ratings and research agency CRISIL has looks the case of wind-solar hybrid (WSH) projects in India. A segment that it believes is fast […]

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Top 10 States for Wind Energy Installations and Potential in India

Here we attempt to list the top 10 states for wind energy in India based on the installed capacity and their wind potential (at 120 M agl). India has set a target of installing 175 gigawatts (GW) of renewable energy capacity in the country by 2022, of which a majority is proposed to be met […]

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1400 GW of Offshore Wind Energy Predicted by 2050 by OREAC

OREAC has a vision for 1400 GW of offshore wind capacity globally by 2050 to drive decarbonisation and a green economic recovery from the COVID-19 crisis. The Ocean Renewable Energy Action Coalition (OREAC), on the occasion of World Ocean Day on June 8, 2020, has announced its vision for 1400 GW of offshore wind capacity […]

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Dramatic Fall in Cost of Funding Behind Record Breaking Solar Tariffs: IEEFA

The cost of solar continued to decline during the pandemic, driven by dramatic falls in the capital cost of solar (solar module costs) and in the cost of funding. The Institute for Energy Economics and Financial Analysis (IEEFA) in a new report has detailed that despite the devastating impact of the COVID-19 pandemic, during the […]

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Delayed Solar Development in Japan amid Covid-19 Likely to Facilitate Coal Usage

Amidst coronavirus crisis, electricity demand in Japan like other countries has dropped significantly and thus resulted in a decline in power prices. This drop in demand and rise in solar power generation eventually driving down the wholesale electricity prices, as revealed by the data & analytics company. According to GlobalData, the ongoing economic contraction, delays […]

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Europe’s Wind & Solar Installations Will Need Grid Flexibility to Succeed: WoodMac

A combination of wind and solar power, otherwise known as Variable Renewable Energy (VRE), could make up the largest share of power capacity throughout Europe’s major markets – Great Britain, Germany, France, Italy and Spain – as early as 2023, according to a new analysis from Wood Mackenzie. And the success of Europe’s transition to […]

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STFI Successfully Completed a Decade of its Journey

Solar Thermal Federation of India (STFI), an industry body of solar thermal manufacturers, has successfully completed its journey of a decade on Thursday. The organization was formed on June 4, 2010, with the objective of improving the interface with the Government agencies on policies and legislations, creating product standards, collecting and maintaining industry data and […]

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LONGi, Dupont Ink Strategic Cooperation Pact to Develop High-Quality Modules

With an aim to jointly develop high-quality modules, LONGi, Chinese solar photovoltaic (PV) module manufacturer, has entered into a strategic cooperation pact with DuPont, which has a strong presence in backsheets, metallisation pastes and sealant market for solar installations, in Shanghai. As per the agreement signed, the two companies aimed to high-quality develop modules via efficient […]

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