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Electricity Storage Valuation Framework

Electricity storage could be a crucial factor in the world’s transition to sustainable energy systems based on renewable sources. Yet electricity markets frequently fail to account properly for the system value of storage. This report from the International Renewable Energy Agency (IRENA) proposes a five-phase method to assess the value of storage and create viable […]

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IHS Markit Predicts a 16% YOY Drop in Solar Capacity Additions in 2020

Even as estimates and predictions on the impact of the Coronavirus pandemic on the renewable energy, and solar sector in particular are announced and updated with each passing week, comes a specific prediction from IHS Markit. The global research and analytics firm has predicted a degrowth of as much as 16 percent in global solar […]

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Renesola, Zhongnan Group in $100 Million Investment Agreement

Shanghai Headquartered ReneSola, which recebtly crossed the 20 GW milestone in cumulative module sales, has announced a USD 100 million strategic investment agreement with Zhongnan Industry (a subsidiary of Zhongnan Holding Group). The announcement was made on March 31st at the official signing ceremony of the Supply Chain Cooperation Agreement between ReneSola Yixing Co., Ltd. […]

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Covid Impact: 5 GW Solar Projects in US at Risk

Energy Research and Analysis firm Wood Mackenzie has come out with its projections for the impact of Coronavirus on the US solar market. And it makes for grim reading. The worst case scenario in the report projects that 5 gigawatts (GW) of big US solar energy projects could suffer delays this year if construction is […]

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S&W Solar Continues Repairwork On Reputation

Sterling and Wilson Solar, which has been through the proverbial ‘series of unfortunate incidents’ ever since its IPO, continues to build back its reputation, slowly. The firm, whose IPO price of Rs 780 back in August 2019 is now a distant memory for investors who have lost heavily, with the price down almost 90 percent […]

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Leading RE Firms and Orgs Call Upon EU To Use Corona Funds Well

In an interesting move, even as the European Union launches into a massive stimulus plans to fight the economic disruption caused by the Coronavirus disease Covid-19, calls for making this an opportunity to go ‘green’ have been going stronger. In fact, for many activists, the stimulus is being seen as an opportunity to ram through […]

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Backed by RE, Ministry Confident of Meeting Peak Demand by 2026-27

The Standing Committee on Energy recently presented its 4th report in the Parliament, one key area of focus was peak power demand and the demand met The Standing Committee on Energy working under the Ministry of Power had recently presented its fourth report in the Parliament addressing all the financial layouts made by the government […]

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PSU’s of MoP, MNRE Contribute Rs 925 Cr to Combat COVID-19

PSU’s of MoP and MNRE have pledged to contribute Rs 925 crore to PM-CARES Fund in support to all on-going relief efforts to combat the COVID-19 Outbreak. The Public Sector Undertakings of the Ministry of Power (MoP) and the Ministry of New and Renewable Energy (MNRE) have pledged to contribute Rs 925 crore to the […]

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Northland Power to Acquire Offshore Wind Project in Canada

NaiKun Wind Energy Group will sell the NaiKun Offshore Wind Farm located in the Hecate Strait off the coast of British Columbia, Canada, to Northland Power NaiKun Wind Energy Group has announced that it has entered into an agreement to sell the NaiKun Offshore Wind Farm located in the Hecate Strait off the coast of […]

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