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Home Energy Consumption In India to Triple By 2050, Says EIA Report

The US Energy Information Administration (EIA), in its energy outlook report for 2023, has come out with a number of projections and scenarios that might surprise people. Not least of which is the attention to India, which the report projects, will become the world’s largest solar market by  capacity additions, overtaking China and the US, […]

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New IRA Provision To Increase Access To Clean Vehicle Credits In US

The US Treasury Department and the Internal Revenue Service (IRS) released guidance that will lower costs for consumers and help car dealers grow their businesses. They will do so by increased access to Inflation Reduction Act (IRA) credits at the point of sales for new and previously owned clean vehicles, a report says.  The IRA […]

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Australia Set for Renewable Energy Hub with 1,200MW/2.4GWh BESS

A new renewable energy centre is set to be established in Australia following the governmental approvals to the ‘Melbourne Renewable Energy Hub’ (MREH), the owner and developer of which is Singapore based renewables investor Equis. With the approval being received, a 1,200MW/2.4GWh two-hour duration battery energy storage system (BESS) will come up in Victoria. This […]

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India To Install 21GW Of Onshore Wind Capacity Next 5 Years: GWEC

Global Wind Energy Council (GWEC) recently released a detailed report on the status of onshore wind energy globally. GWEC’s Global Wind Workforce Outlook report sheds light on India’s status in onshore global wind energy. It said that India stands fourth in the world market in this technology.  The report says that with more than 44 GW […]

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Wind Turbine Manufacturer Senvion Adds 121.5 MW Order to Portfolio

Senvion Wind Technology Pvt. Ltd. (Senvion India), a manufacturer of wind turbines, has bagged an order by Independent Power Producer O2 Power Pvt. Ltd for its 2.7 MW M130 turbines. The order stands at a total of 121.5 MW. The scope of the project entails supply, installation, and commissioning, with a total of 45 machines […]

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10% PV Installations Will Incorporate Storage Within a Decade: DNV Report

DNV, an expert in assurance and risk management, has recently released its ‘Energy Transition Outlook, 2023’ report, focusing on the progress of solar photovoltaic (PV) technology. The report gives an overall trends stating that, in 2004 the annual solar installations were a modest 1 GW. However, by 2019, this figure skyrocketed to 100 GW despite […]

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Envision Strengthens Success Story in India with 653.4 MW Order

Envision Energy, a global leader in renewable energy solutions has won an order from India’s JSW Energy for developing a 653.4 MW wind energy park in Karnataka and Maharashtra. As per the order, Envision would provide 198 units of EN 156-3.3 MW WTGs (Wind Turbine Generator). The project is expected to be commissioned in phased […]

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SOFAR Storage Solutions Seeks To Repeat Success In European C&I Market

SOFAR, a global leading provider of all-scenario PV & ESS solutions, marked presence at the BNEF London Summit. Together with Nelson Nsitem, energy storage analyst from BNEF, both parties jointly held the roundtable “Exploring Possibilities and Overcoming Barriers: C&I Energy Storage in Europe” where industry experts exchange perspectives on C&I energy storage in Europe. SOFAR, […]

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Vikram Solar Appoints Sabyasachi Biswas as Senior Vice President-Digital Transformation

Vikram Solar Ltd, a prominent player in the solar energy sector today announced the appointment of Sabyasachi Biswas as Senior Vice-President for Digtal Transformation. In his role, Sabyasachi will make the strategic implementation of digital initiatives within the organization. With over two decades of experience, Sabyasachi Biswas has demonstrated leadership in key markets worldwide, including […]

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