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Germany invites tenders for 1 GW offshore wind farm in North Sea

Just as other European players are bullish about the offshore wind power development, the German Federal Network Agency (BNetzA) has put up a tender inviting players for the development of 1 GW offshore wind farm in an area in the North Sea. The new notification says that the bids will have to be submitted by […]

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Envision AESC to produce EV batteries that run 1000 km from single charge

Leading Japan headquartered  electric vehicles’ battery manufacturer Envision AESC Group is working on a battery for the EV segment that can run a  1,000 km on a single charge. Envision AESC Group is jointly owned by Envision Group and Nissan. It has been learnt that the company will begin production of the new battery technology […]

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EDP Renewables to Invest $7.4 B by 2030 for RE hub in Singapore

EDP Renewables (EDPR), the world’s fourth-largest renewable energy producer, said on Thursday it plans to invest up to S$10 billion ($7.40 billion) by 2030 to establish a clean energy hub in Singapore for the Asia Pacific region. EDPR, which is 75% owned by Portugal’s biggest utility Energias de Portugal, closed a S$1 billion deal to […]

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5 Points to Keep in Mind Before Installing a Residential Solar System

The advantages of taking on Solar energy by homeowners are being talked about a lot. From saving up to 80% on monthly electricity bills to promoting a sustainable society, going solar has proven to be a rewarding investment for homeowners all over the country. Diminishing energy utilization from the grid and switching to solar technology […]

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Explained: EV Subsidies, Incentives Offered by Center and States in India

Evolving in the new age of electric mobility, various subsidies and incentives offered by the Center and state governments form the backbone of the EV market in India. As per a report, the EV market in India will be USD 206 billion by 2030, if India maintains a steady progress to meet its ambitious 2030 […]

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5 Best Lithium Battery Recycling Firms for the New EV World

The global lithium battery recycling market is projected to grow from USD 4.6 billion in 2021 to USD 22.8 billion by 2030. This implies a CAGR of 19.6% during the forecast period 2021-2030. Rising investments in EVs and subsidies to encourage battery recycling are some of the key opportunities for the lithium-ion battery recycling market. […]

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Icra Predicts Strong Demand for Domestic Solar OEMs with Policy Support

Business prospects of domestic solar original equipment manufacturers (OEMs) will remain strong aided by several policy measures over medium-term, rating agency Icra said. As a result, many domestic OEMs have announced sizeable capital expenditure to augment the cell and module capacity, including the capex for integrated facilities under PLI scheme by the winning bidders. However, […]

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Solis Signs Strategic Cooperation Agreement with C&D Clean Energy

Leading Chinese string inverter manufacturer Solis, today signed an agreement with renewable energy supply chain service provider C&D Clean Energy to embark on a strategic cooperation for the global market. Both firms have pledged to cooperate closely on clean energy. This will include solar PV, energy storage, energy management, low-carbon energy saving solutions and enhancing […]

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Global Solar PV Wafer Market To Grow By 73.71 GW By 2026

Research firm Technavio predicts a strong growth for the global solar wafers market. The firm expects the solar photovoltaic wafer market to grow by 73.71 gigawatts from 2021 to 2026. The growth momentum of the market will accelerate at a CAGR of 14.80% during the forecast period. This is a period when many markets, especially […]

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