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crisil research

Top 12 Trends Of 2023 That Created Ripples In Indian Renewable Sector

For India, forming a backdrop to the whole year was the softening in global module prices, continuation of ALMM exemptions, and of course, the noise around carbon credits and green hydrogen. Which events actually made an impact? Which ones stood out and are most likely to make a real impact, and soon? We present below […]

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Kailash Vaswani to Steer ReNew as Chief Financial Officer

The Board of Directors of ReNew Energy Global plc has accepted the resignation of Kedar Upadhye as the Chief Financial Officer of ReNew Energy Global Plc, on September 6, 2023.Upadhye’s resignation will be effective on October 30, 2023. Upadhye is resigning to pursue an opportunity outside ReNew in a products-driven sector. Sumant Sinha, Founder, Chairman […]

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CSIR-IICT, Hyd & Luminous Power Technologies Join Hands to Develop Sustainable Battery

Gurugram based firm for energy storage solutions for solar and inverter applications, Luminous Power Technologies Pvt. Ltd., and CSIR-Indian Institute of Chemical Technology, (CSIR- IICT), Hyderabad, have joined hands to develop a Rechargeable Aluminium Battery (RAB). CSIR-IICT delves into the development of materials used in alternate battery chemistries as next-gen technologies. An MOU was signed […]

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Trina Solar’s Large-area P-type Module Attains Record 23.03% Efficiency

Chinese solar panel manufacturer Trina Solar has announced that it has achieved a record 23.03% aperture module efficiency for larger-area industrial silicon p-type modules. Trina Solar’s State Key Laboratory of Photovoltaic Science and Technology (SKL) revealed the success of its proprietary Vertex high-efficiency p-type monocrystalline silicon module, based on 66 pcs of 210 mm x 210 […]

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Credit Quality Of Large Indian Renewable Players Intact, Says Moody’s

Moody’s Investor Service, the global credit ratings firm, has been reported to have declared that the credit quality of Indian renewable energy firms remains intact, post the end of the 2019 and 2019 financial years. Or till the period ending March 2020. The firm’s report has included 5 of the largest rated renewable firms in […]

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Cheap Renewable Energy an Asset for COVID-19 Recovery Packages: Report

As COVID-19 hits the fossil fuel industry, a new report shows that falling renewable energy costs provide an opportunity for clean energy in recovery packages As COVID-19 hits the fossil fuel industry, a new report shows that renewable energy is more cost-effective than ever – providing an opportunity to prioritise clean energy in economic recovery […]

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Global Wind Energy Capacity to Grow by 112% by 2029: Report

Global wind energy capacity additions are expected to sit at an annual average of 77 GW from 2020 to 2029, representing a growth of 112 percent Global wind energy capacity additions are expected to sit at an annual average of 77 GW from 2020 to 2029, according to Wood Mackenzie. This represents a growth of […]

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The Perfect Storm 2020

Problems demanding solutions are piling up. How will India’s solar sector save 2020? Budget 2020, which carried the hopes of many leaders in the solar sector, has finally come and gone. Even as industry welcomed it with the usual platitudes of ‘good intent’, ‘long term planning’ and praise for the ‘higher allocation’ for renewable energy, […]

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