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China’s rapidly expanding offshore wind industry has defied the global norm by successfully driving down power prices to match those of coal, according to a recent report by BloombergNEF. While other regions continue to face upward pressure on energy costs, China’s offshore wind sector has experienced a significant reduction in prices, presenting a promising development […]
Corporate renewable energy solutions provider Vibrant Energy (Vibrant) has placed an order totalling c.149 MW with Envision Energy (Envision). The order consists of 45 wind turbines with a capacity of 3.3 MW each, with delivery expected to commence from Q3FY24 onwards. Envision Energy delves into energy solutions and is headquartered in Shanghai. Srinivasan Viswanathan, CEO, […]
As per a recent report shared by World Business Council for Sustainable Development (WBSCD), 23% of the firms that aimed for 100% renewable energy have achieved their goal of 100% renewable energy. Furthermore, by 2021, companies committing to procure 100% renewable power through RE100 were procuring 49% from renewable sources, equating to 184 TWh of […]
Vietnam-based Boviet Solar Technology, a leading global solar energy technology company, has signed an additional purchase order for more than 400 Megawatts of solar capacity with Origis Energy, one of America’s largest solar and energy storage developers. Together with the original 700 MW agreement signed in July this year, the partnership now covers 1.1 GW […]
The Members of Parliament were separately informed by the Ministers of New and Renewable Energy in the Parliament on July 19 that India’s renewable energy capacity (excluding large hydro) stood at 114.07 GW till June-end this year, while 60.66 GW of projects are under various stages of development. India has set a target of having […]
Even as India’s leading firm Reliance Industries Ltd, led by Indian billionaire Mukesh Ambani, seeks newer technologies to make electrolyzers in its efforts to produce low-cost green hydrogen in the country, multiple firms have started launching newer versions of their efforts to drop costs. Thus, while Reliance awaits the production-linked incentives the government may offer […]
As per the findings revealed in a new report by BloombergNEF (BNEF) in a seminar in New Delhi on June 22, India will need $223 billion of investment to meet the target of wind and solar capacity installations up to 500GW by 2030. A Look At The Numbers In a telling trend, the country has […]
Vietnam-headquartered Boviet Solar has signed a contract with a renewable energy provider to supply 255 MW of PV Modules for a utility-scale solar project in the United States. It has a 1.5 GW Monocrystalline PERC Cell & Module Manufacturing capacity. Boviet Solar makes monocrystalline wafer technology integrated with PERC, half-cut, multi-busbar, Monofacial, and Bifacial PV […]
Polysilicon prices have been steadily rising since the beginning of January 2022. Even after steady growth in the first half of 2022, prices were predicted to rise more in June, according to a report. The report by Onfolink-Group says that when looking at the statistics for the last five weeks, there is still a steady […]
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