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Thailand, India Can Pose Challenge To China’s EV Market: Report

Bloomberg’s recent report indicated a general trend where, electric vehicles (EVs) are displacing 1.7 million barrels per day of oil usage, which is equivalent to about 3% of total road fuel demand. Currently. there are 722 million passenger EVs that are expected to be on the road in 2040 in the Economic Transition Scenario.  The Bloomberg […]

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Access To Public Finance Key To Clean Energy Adoption In India: IEA

The International Energy Agency (IEA) recently reported an increased usage of modern renewable energy between 2010 and 2021. The United Kingdom and Indonesia have reportedly made the greatest progress in the use of modern renewables (up 9 and 7 percentage points, respectively, in total final energy consumption). The two countries were closely followed by China, […]

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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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Sterlite Gets Rs 1373 Cr for 6000 MVA Neemrana Transmission Project

The Neemrana II Kotputli Transmission Limited (NKTL) project has closed the financing transaction, according to Sterlite Power, a well-known operator in the power transmission industry. The enterprise has achieved a significant milestone with the acquisition of a sizeable sum of INR 1373 crore from Power Finance Corporation (PFC), a prestigious Maharatna Public Sector Enterprise. The […]

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Borosil Renewables Plans To Go For Fund Raise

Indian solar glass manufacturer-Borosil Renewable has now planned to for fund raise to strengthen its financial, the company recently told its investors. This has come at a time when the company has reported lower than expected profitability in the latest Q4 and annual financial results. The company’s Board has also approved the fund raise. Borosil […]

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Floating Solar On Sea- How Close Are We ?

How do you supply electricity to 10,000 islands? Indonesia has over a million people who don’t have access to electricity. Floating solar aims to remedy cases like these. Proposed as a solution to the issue of land use and the issue of not being able to adopt expensive solutions like wind turbines in certain coastal […]

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News Brief May 23 – Atiaia Energia, Babcock & Wilcox Solar Energy, MG Motors

V.tal Signs Solar Energy Agreements with Atiaia Energia and Atlas Brasil Energia Digital services and telecommunications infrastructure provider V.tal has inked two major agreements for solar energy self-production. These CADE-approved agreements comprise collaborations with Atlas Brasil Energia and Atiaia Energia, two generators. As per the terms of the deal with Atiaia Energia, V.tal will form […]

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JA Solar Supplies 480MW PV Modules To Project In Chile

The CEME1 480MW Project,  one of the large photovoltaic (PV) installations in Chile has reached full capacity grid connection. PowerChina Huadong Engineering Corporation Limited, the contractor of the project, utilized modules from Chinese major JA Solar, emphasizing the role of its technology and products in project’s construction. Spanning approximately 400 hectares—an area equivalent to 370 […]

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China’s World Beating Solar Manufacturers Struggle To Make Profits As Prices Continue Freefall

In a situation that has gone from concern, to worrisome to almost panic level some might say, China’s solar manufacturing juggernaut faces a period of low to no profits thanks to prices that have crashed to unprecedented levels. Taiwan-based Infolink Consulting, which tracks solar supply chain prices in China and beyond, in its latest report […]

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