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IEA Forecasts Solar PV Investment To Exceed USD 500 Bn In 2024

The International Energy Agency’s (IEA) recent report on world energy investment found that investment in solar PV surpassed all other generation technologies combined. It found a noticeable rise in solar panel costs that have decreased by 30% over the last two years. International Energy Agency (IEA) report said, “The prices for minerals and metals which […]

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Changing Dynamics: Indian Green Firms Shift Focus On Energy Storage

In March 2022, India’s leading renewable energy company Adani Green Energy Limited (AGEL) collaborated with another Indian leading player in the energy storage systems–Greenko. The partnership was to seek the Hyderabad-based company’s assistance in getting Round-The-Clock (RTC) power for AGEL’s projects through Greenko’s PSP assets. PSPs are often termed as giant batteries which can storage […]

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EV Car Sales In India Reached 1Mn With 70% YoY Growth

International Energy Agency (IEA) in its recent report on Global Critical Mineral Outlook 2024, found a global rise in electric vehicle sales. The report found a global increase in the sale of total electric car sales in India by 70% with an increase in electric car sales reaching almost 1 million. The IEA report found, […]

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GUVNL Issues List of Tenderable PHP Sites With 14 GW Capacity

The Gujarat Urja Vikas Nigam Limited (GUVNL) has now issued the list of 16 reserved Pumped Hydro Storage Project (PHP) Sites. The state power utility said that these 16 PHP sites could be allocated under the competitive bidding process for the benefit of state public discoms.  The total potential of PHPs from all the 16 […]

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Australia Plans To Boost Local Solar Module Manufacturing, Allocates Funds

The Australian government has now planned to boost its solar module manufacturing locally. The government yesterday in its latest budget had also announced special packages for boosting solar module manufacturing and renewable energy in the region.  As per the budget document of the government, the Australian government will allocate $3.2 billion on the next one […]

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As Sales Peak EPA Finalises New Pollution Standards For EVs In US

Biden-Harris Administration has finalised pollution standards for cars that position US companies and workers to lead towards a clean vehicle future, protect public health, address the climate crisis, and save drivers money. EPA has finalised this rule as sales of clean vehicles, including plug-in hybrid and fully electric vehicles, hit record highs last year. The […]

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Trina Solar, SOLA, & WBHO To Power South African Mining Operation With 135MW Project

Smart PV and energy storage solutions company Trina Solar, has partnered with SOLA, a South African leader in renewable energy with a focus on utility-scale projects and WBHO Construction to embark on a transformative solar project. The Merak 1 project signifies a major milestone in sustainable energy solutions for South Africa, according to a media […]

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Gensol Group Inducts Ravindra Goyal as Group Chief Procurement Officer

Ahmedabad-based solar project firm Gensol Group today announced the appointment of Ravindra Goyal as the Group Chief Procurement Officer. Goyal will head the group’s Supply Chain Management (SCM), encompassing all entities in the clean energy and electric mobility domains. He will work closely with the entity-level leadership team to build capability for bulk & efficient […]

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LG Chem Rides IRA Benefits to Set Up Largest Cathode Materials Plant in US

LG Chem has commenced the construction of a cathode plant in the U.S., intending to establish a production hub for the global battery material market. The facility, located in Montgomery County, Clarksville, Tennessee, will locally produce cathode materials optimized for North American electric vehicles (EVs) and collaborate with key partners from development to supply chain. […]

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