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Why So Slow? JP Morgan Energy Paper Seeks To Answer The Question

The asset and wealth management arm of JP Morgan Chase & Co. Has released its annual energy paper, “Eye on the Market,” which examines current trends on the ground every year as the fourth great energy transition unfolds. The 11th edition of this paper zero’s in on one question: Why is the transition taking so […]

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Will Concentrated Solar Power be Reborn? Report Says Yes

Concentrated Solar Power (CSP), which has lain moribund for a decade, is about to be reborn, according to a new report from Rethink Technology Research, with global capacity to increase several times over by 2030. The study expects CSP to claim its place serving power grids, green hydrogen complexes, and industrial process heat in California, […]

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JinkoSolar Signs Long-term Deal with Germany’s Wacker For Polysilicon

China’s solar module manufacturer JinkoSolar Holding Co Ltd. has announced signing a deal with Munich-based chemical company Wacker Chemie AG to procure over 70,000 tonnes of polysilicon. The deal has been signed yesterday through its subsidiary Jinko Solar Co Ltd for a long-term polysilicon supply agreement with the German firm. Under the terms of the […]

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Sri Lanka To Increase Rooftop Solar Investments, Cease Fresh Coal Plants

After announcing its 2030 goals of achieving 70% electricity through renewables, Sri Lanka is now accelerating its investments in rooftop solar and planning to rule out new coal power investments.  Sri Lanka‘s renewable energy sources currently are primarily HydroPower, which accounts for 35% of its electricity from renewables in 2019. The country has total generation […]

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IKEA To Start Selling Renewable Electricity To Swedish Households

IKEA, which started selling solar panels and other equipment at its stores sometime back, is now moving into direct electricity selling too. Under the plan that the global retailer of furniture and other items has announced, IKEA’s solar panel producer, Svea Solar will be buying renewable electricity on the Nordic power exchange Nord Pool and […]

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10% Hike in Store for Wind Turbine Prices, says WoodMac

According to new analysis from Wood Mackenzie, wind turbine prices are expected to increase by up to 10% over the next 12 to 18 months due to increases in commodity prices, logistics costs, and coronavirus-related challenges. As noted in a recent Wood Mackenzie report, a rise in steel, copper, aluminium, and fibre prices, coupled with […]

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Bangladesh Invites Bids for 68 MW Solar Project in Sirajganj Region

The Bangladesh-China Renewable Energy Company (BCRECL) has invited bids for the engineering, procurement, and construction (EPC) of a 68 MW solar energy project on a turnkey basis in Sirajganj, Bangladesh, including the construction of a 15 km 132 kV double circuit transmission line with a substation bay. BCRECL is a joint venture between the North-West […]

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Global EV Charging Station Market to Reach $93 Billion by 2027: Report

The global Electric Vehicle Charging Station (EVCS) market has been fuelled by a growing awareness of environmental conservation and carbon emission reduction. Hence, it has been estimated that the global EVCS market will grow at a compound annual growth rate (CAGR) of 20% from 2021 to 2027 and reach $93 billion by 2027, according to […]

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New Research Accelerates Development of Organic Solar Cells

A team of researchers is working to replace heavy and expensive silicon solar cells currently being used in the solar industry with light and low-cost organic solar cells – made from materials and elements found in plants and animals – which could help in the battle against climate change. Most of today’s solar cells are made from […]

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