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5 Key Takeaways: Statistical Review of World Energy Report

As the world grapples with the dual challenges of ongoing climate change and the transition to sustainable energy sources, the Energy Institute’s Statistical Review of World Energy offers valuable insights into global energy trends. The latest edition of the report, now in its 73rd iteration and the second under the Energy Institute, analyzes data from […]

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India Energy Storage Week Eyes Rs 2,000cr Investments In EV, Storage

India Energy Storage Alliance (IESA) is all set to host the 10th edition of India Energy Storage Week (IESW) in New Delhi. In a press conference today, IESA announced the potential investment of over INR 2000 crore coming to India at IESW 2024. In the presence Cristian Valdes Carter, Director & Commercial Counsellor – India, […]

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Vestas Secures 155 MW Wind Turbine Order in New Zealand

Vestas has received a 155 MW order for the second stage of the Mercury Energy’s Kaiwera Downs wind farm in New Zealand. The order includes the supply and installation of 36 of Vestas’ V136-4.2 MW turbines in 4.3 MW operating mode as well as a 30-year Active Output Management 5000 (AOM 5000) service and maintenance […]

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News In Brief June 25: Hitachi Energy, Panasonic

Hitachi Energy India Set To Build Rs. 790 Crores Project In Australia Hitachi Energy India a digital systems, power, and renewable energy solutions provider recently received an order of Rs. 790 Crores from a fellow subsidiary. Hitachi Energy Australia Pty Ltd is set to execute the project – Marinus Link – Voltage Source Converter (VSC), […]

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90% Solar Manufacturing Is Concentrated In 5 Developing Countries, Says Report

A recent report by REN21 found solar manufacturing to be concentrated geographically in just five countries, which are estimated to produce more than 90% of the global capacity for producing solar modules. These countries are namely reported to be, China which leads with around 80% of overall solar PV manufacturing capacity, followed by Vietnam, India, […]

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Top 5 Non-Chinese Solar Inverter Manufacturers

A Solar inverter is one of the crucial components of solar panel systems, which converts the direct current (DC) generated by solar panels into alternating current (AC), which is suitable for powering household appliances, businesses, and the electrical grid. Needless to say, the solar inverter market growth is analogous to the growth of solar power […]

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GB Solar Starts Work On Expanding Module Capacity to 2 GW

Vadodara, Gujarat based PV manufacturer GB SOLAR TECHNOLOGIES PVT LTD ( formerly GreenBrilliance Renewable Energy LLP), is expanding its PV module production capacity to 2.0 GW. The capacity, located in Karjan, Vadodara, will start production within 6-8 months this year. A ground-breaking ceremony was held on 7th June, 2024 at the site in the village […]

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World Adds 10.8 GW Of New Offshore Wind Capacity In 2023

In 2023, despite the macroeconomic challenges faced by the sector in some key markets, the wind industry installed 10.8 GW of new offshore wind capacity, taking the global total to 75.2 GW, a new report from the Global Wind Energy Council said. The report said that the new capacity increased 24% on the previous year, […]

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Solar Buyers Should Be Reassured With These Test Results

In a world with planned obsolescence and firms going belly-up without warning, it’s reasonable to be a little cautious when it comes to buying technology. Solar is no exception to this rule, with naysayers of the technology pointing to solar panel degradation rates, claiming that the technology won’t be efficient enough to justify the cost […]

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