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Electricity Market

Solar, Wind Provide Almost 50% of Electricity Globally by 2050, says Report

The report further added that, “By 2050, we expect only 29 percent of the electricity production worldwide to result from burning fossil fuels, down from 63 percent today.” The solar and wind technology will account for almost half of the total electricity globally, according to the Bloomberg New Energy Finance (BNEF). Of this, hydro, nuclear […]

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China’s – New Solar Policies & Change in Markets

In the first week of June, the china dropped bombshell solar policy change that sent ripples across the board. The country rolled back the subsidies solar developers would enjoy from the government. The change in the Chinese solar policy will also mean the halting of approvals for new solar projects across the country in 2018. […]

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ISA Sends Positive Market Signals, says Suresh Prabhu

While speaking at the Renewable Energy Dialogue in New Delhi, the Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu, said that India is running one of the largest and most ambitious renewable energy capacity expansion programmes in the world. Commerce & Industry Minister Suresh Prabhu said that International Solar Alliance (ISA) is sending […]

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World to Get 50% Electricity from Wind and Solar by 2050, says BNEF Report

“We see $548 billion being invested in battery capacity by 2050, two thirds of that at the grid level and one third installed behind-the-meter by households and businesses,” said Seb Henbest, Head of Europe, Middle East and Africa for BNEF and lead author of NEO 2018. The world will generate half of the power generation […]

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SolarWindow Creates New Record with 34% Increase over Its Previous Electricity-Generating Glass

The company estimates that the market for SolarWindow glass products for tall towers and skyscrapers represents a $100 billion opportunity. SolarWindow Technologies has announced that it has set a new company performance record for power efficiency with a 34 percent increase in performance over previous generations of its transparent electricity-generating glass. This announcement is based […]

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Global Concentrated Photovoltaic (CPV) Market Analysis to 2025: Market is Expected to Reach USD 6.35 Billion

The global concentrated photovoltaic (CPV) market is expected to reach USD 6.35 billion by 2025 at a 10.1 percent. Demand for concentrated photovoltaic is anticipated to register rapid growth owing to its ability to harness solar energy in areas with no space constraints. CPV technology is yet to gain worldwide acceptance and manufacturers are constantly […]

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French Energy Giant EDF Enters China’s Rooftop Solar Market

According to a joint statement, the two partners will benefit from ACC’s local footprint in distributed solar energy and from EDF Energies Nouvelles’ international distributed solar energy and self-consumption expertise solutions for industries. EDF Energies Nouvelles, the renewable energy arm of French state-controlled utility giant EDF, is to establish a joint venture with clean energy […]

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Tamil Nadu Among Nine Global Market Leaders in Renewable Energy

Wind and solar accounted for 14.3 percent of Tamil Nadu’s total electricity generation in 2016-17. The state leads India in variable renewables market share. It also leads India in installed renewable energy capacity.   Tamil Nadu figures in the list of nine major global power markets in renewable energy, according to a new research by […]

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EnSync Energy Partners with Lower Electric to Enter the Illinois Solar Market

EnSync Energy will cover customer origination, project development, design, construction and operation of photovoltaic-based installations for two key customer groups in Illinois: community solar subscribers and C&I operators. EnSync Energy Systems, a leading developer of innovative distributed energy resources has announced a partnership with licensed agent, broker and consultant (ABC) Lower Electric to offer solar […]

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