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Electricity Market

Total, Envision JV to Take on Distributed Solar Energy Market in China

Total and Envision have partnered to develop on-site distributed generation solar projects for B2B customers in China. TEESS, a 50/50 joint venture company, established by French multinational integrated oil and gas company Total and the Envision Group, a global leading smart energy technology company, has announced the launch of its commercial activity to develop on-site […]

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US Residential Storage Market Sees Record Growth in Q2 2019

A new analysis has revealed that a record 35 MW of residential storage was deployed in the US in Q2 of 2019, more than in any other quarter on record A new analysis has revealed that a record 35 megawatts (MW) of residential storage was deployed in the US in the second quarter (Q2) of […]

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Evolution of Three Major EV Markets: China, US and India

The world’s fastest-growing electric vehicle markets – China, India, and the US – are going through a transition and in this, they are presenting unique understanding about the challenges that come up. The Rocky Mountain Institute has published a new whitepaper that looks at the penetration of electric vehicles in these three markets and has […]

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China to Become Largest Energy Storage Market in APAC by 2024

A new analysis has revealed that China will become the largest energy storage market in the Asia Pacific (APAC) by 2024. Consultancy and rating agency Wood Mackenzie has revealed that the cumulative energy storage capacity in China is projected to skyrocket from 489 megawatts (MW) or 843 megawatt-hours (MWh) in 2017 to 12.5 gigawatts (GW) […]

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Solar Market Predicted to Reach 4767 GW by 2026: Report

According to a new report, the global solar power market will derive growth from the increasing awareness to grow to 4767 GW by 2026. According to a new report, the global solar power market will derive growth from the increasing awareness regarding conservation of conventional energy sources and reducing environmental pollution, to grow to 4767 […]

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Onshore Wind O&M Market in China to hit $5 Billion by 2029

The onshore wind operation and maintenance (O&M) market in China has been predicted to surpass a total of $5 billion over the next 10 years. According to new research, the onshore wind operation and maintenance (O&M) market in China is expected to total US$5 billion over the next 10 years.  According to consultancy firm Wood Mackenzie […]

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Renewables to Provide 21% Electricity for Energy Hungry Data Centres: Survey

A new survey has projected then that around 21% of the power required to run data centres would come from renewables by 2025. A new survey has revealed that corporates aren’t as bullish on the prospects for renewables like solar and wind power in powering data centres as they were in 2014. They had projected […]

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Haryana Open Access Move Shows High Potential From C&I market for Renewables

With Amplus Energy announcing a 750 crore investment to establish 150 MW of solar capacity in Haryana, the C&I (corporate and industrial) market has a new state to cheer for. The announcement by Amplus follows the change to the state rules brought in by the Haryana Renewable Energy Development Agency (HAREDA) in March 2019, when […]

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Global Solar PV Market To Reclaim Double-Digit Growth, India Falls behind

The latest IHS Markit’s Report on Solar sector says this revived growth is coming mainly from markets outside of China, which are forecast to rise by 43% in 2019 but USA will overtake India to once again become the second-largest PV market. The global solar PV market is set to bounce back from single-digit growth […]

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