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Chinese Solar Module Prices Hit Record Lows, Developers Hope For A Lasting Opportunity

Chinese solar module prices have reached their all-time lowest level, as the Chinese Module Marker (CMM) now stands at $0.173 per W. The CMM experienced an unprecedented decline of 11.73 per cent week-on-week over the past week, representing the largest percentage drop in its history. Most of the downtrend has been attributed to firstly, the […]

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NREL Study Forecasts Significant Decline in BESS Costs by 2030

The long-term lithium-ion battery energy storage system (BESS) costs could halve over this decade, as per the “Cost Projections for Utility-Scale Battery Storage: 2023 Update” report by US National Renewable Energy Laboratory (NREL). The report forecasts the future capital expenditure (capex) costs of Battery Energy Storage Systems (BESS) from 2022 to 2050. It specifically focuses […]

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Hungarian Energy Storage Scheme Worth €1.1 Billion Receives European Commission Approval

The European Commission has approved a Hungarian scheme worth €1.1 billion, designed to bolster the country’s shift towards a carbon-neutral economy by supporting the establishment of energy storage facilities with a capacity of at least 800 MW/1600 MWh. The scheme aims at enhancing the flexibility of the Hungarian electricity system by supporting storage investments to […]

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Director – Power Fundamentals Research

We seek a full-time Head of Global Power Fundamentals for Wood Mackenzie’s Power & Renewables team. The team’s research spans power market fundamentals forecasting and proprietary sensor network data comprising some of Wood Mackenzie’s most highly utilized data, reports, and insights. The team consists of Data Analysts, Meteorologists, and Data Scientists, focusing on providing data and analytics […]

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NSEFI Receives UN ECOSOC Special Consultative Status for NGOs

The National Solar Energy Federation of India (NSEFI) today announced getting a special consultative status with United Nations Economic and Social Council (ECOSOC). The recognition empowers NSEFI to actively engage with ECOSOC, its subsidiary bodies, the Human Rights Council, select meetings of the General Assembly and other intergovernmental bodies, and the United Nations (UN) Secretariat.  […]

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Mahendra Lodha Joins PTC as Director (Finance) & CFO

PTC India Financial Services Limited (PFS), a financial institution in sustainable green infrastructure finance, has announced the joining of Mahendra Lodha as Director (Finance) and CFO of the company. Lodha brings to the table a experience and expertise in finance and investment management, which will further strengthen PFS’s financial strategies and operations. As Director (Finance) […]

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Volvo Introduces All-Electric C40 Recharge SUV in Indian Market

Volvo Car India has unveiled its highly anticipated all-electric C40 Recharge SUV, marking the brand’s second electric vehicle (EV) in the Indian lineup. The C40 Recharge EV will be available in a single variant, and its pricing will be announced in August 2023, with deliveries scheduled to commence in September 2023. The C40 Recharge will […]

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NHPC Limited Appoints Uttam Lal As Its New Director (Personnel) 

India’s leading hydro power generator-National Hydro Power Corporation (NHPC) Limited has now appointed Uttam Lal as its Director (Personnel).  Lal, before this appointment at the NHPC, was serving as Chief General Manager (HR-CSR/R&R/LA) at NTPC Limited. “He has over 35 years of vast and rich experience in the area of Personnel Management, Industrial Relations and […]

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