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demand and supply

Top 5 Reasons Why India’s Power Demand Exceeded Projections

India’s power demand has been rising steadily. The country’s higher than anticipated peak demand has been in the news, with peak demand touching a lifetime high of 223 GW in June 2023 when peak deficit touched 0.17 percent. As per the Load Generation Balance Report (LGBR) released by the Central Electricity Authority, the peak demand […]

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Suzlon Sees Increased Demand Behind Its Surged EPC Business

Indian wind turbine manufacturer Suzlon claimed that the increased demand in the wind energy market and the wide range of services rendered by the company led to its increase EPC market. The information was shared by the top officials at the recent investors call.  “..more is coming in because of the demand from the market. […]

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CATL and Quinbrook In Agreement for 10 GWh Stationary Battery Energy Storage Systems

CATL and Quinbrook have announced the signing of a Global Framework Agreement in stationary storage with the aim to deploy 10GWh+ of CATL’s advanced storage solutions over the next five years,underlining their focus on using advanced storage solutions to meet energy transition goals. The long-term partnership includes the design, optimization, and supply of the most […]

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EU Solar Market Faces Challenges From China and US: ESIA Report

The European Union’s (EU) industry association body, the European Solar PV Industry Alliance (ESIA), released a report that evaluates factors that can contribute to the de-risking and scaling up of Europe’s solar PV manufacturing.  The alliance evaluates the factors affecting European industries, aiming to achieve the goal of 30 GW of domestic manufacturing capacity by 2025 and the EU’s […]

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Australian Fund Plans Polysilicon Manufacturing Hub, Launches Supply Chain Tracking Platform

Quinbrook Infrastructure Partners, a Queensland, Australia, based investment firm with a special focus on the energy transition, has announced an ambitious plan to establish a polysilicon manufacturing facility in Australia.  The move, said to involve investments of $8 billion comes with the firm claiming that land for the project has already been identified in Townsville, […]

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Bids For Standalone Wind In Tranche XIV In June 2023 Awarded Between INR 3.18-3.24 Per kWh: GWEC

The India’s Wind Energy Market Outlook 2023-2027 released by the Global Wind Energy Council, says that by the end of 2022, total renewable energy installed in India stood at 121 GW of total installations with wind contributing 35% of this, making India the fourth-largest wind market in the world, in terms of cumulative installed capacity. […]

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LIB to Supply 50,000 Li-ion Batteries to VoltUp by 2024

A manufacturer of lithium-ion batteries, LIB, has joined hands by way of a major contract manufacturing deal with VoltUp, a Battery-as-a-Service (BaaS) start-up. The agreement will pave the way for LIB to provide 50,000 lithium-ion batteries in 2024. This will be followed by an additional 500,000 batteries over the span of the next three years. […]

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ENEL Adds Battery Storage As Texas Grapples With Extreme Demand Swings

Enel North America, a key energy utulity in the US and Canada, has more than tripled its operational utility-scale storage capacity this summer by bringing five new battery energy storage systems (BESS) online in Texas. The new batteries add over 369 MW / 555 MWh of dispatchable energy storage to the Texas power grid, helping increase grid […]

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