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demand and supply

ICRA Places 4 GW Projects At Risk Of Escalations Due To Higher Import Costs

The hiked prices of imported solar PV modules by nearly 15-20% over the last 4-5 months, may impact the returns of solar power project developers.  According to a recent release by the independent rating agency ICRA, the price rise in imported solar modules has been mainly caused due to anincrease in the price of polysilicon, […]

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Australia’s H2 Trade May be Worth US$90 billion in 2050: WoodMac

Low-carbon hydrogen could become a US$50 billion to US$90 billion export industry for Australia in 2050, says Wood Mackenzie. Australia rates consistently in the top echelons for solar irradiance and has vast potential for largescale carbon capture and storage (CCS). It has showed the world the path forward with its stationary battery storage flexibility at […]

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Will 2021 be The Year Solar Saves California?

California— the largest U.S. state, home to 1/8th of the country’s population, and responsible for 14% of national GDP — is experiencing one of its most challenging droughts this year. The state had earlier experienced the biggest wildfire season recorded in its modern history in 2020, which is one reason being blamed for the adverse […]

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Engineer – Market Analyst

Collect up-to-date market information via multiple sources including 3rd party consulting publication and internal sales interview, and maintain a databases of market research and reports that will be shared across the business with internal stakeholders. Identify, monitor and interpret market trends including supply/demand, benchmark prices, import/export data and competitor’s development, and making this easily accessible […]

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Amara Raja Aligns Itself With Electric Mobility For Growth

Hyderabad-based Amara Raja Batteries Ltd. (ARBL), which has emerged as the no. 2 battery manufacturer in the country, is looking to ensure it continues on the growth path. It’s board has approved the launch of several strategic initiatives to take advantage of fast emerging new opportunities to accelerate growth and enhance stakeholder value.  ARBL has […]

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Potential for 600 ‘Shovel-ready’ Projects in Clean Energy, 1.5 M New Jobs- EY Report

Multinational professional services network Ernst & Young Global Limited, in collaboration with Federation of Indian Chambers of Commerce & Industry (FICCI), has released a report entitled “Accelerating post-pandemic economic recovery with clean energy infrastructure and jobs in India”, which highlights concrete policy recommendations for balancing economic recovery and climate neutrality goals in the post COVID […]

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Sale of Electricity in Futures Market will Benefit RE Investors: IEEFA

The introduction of derivatives to India’s short-term power market will make it easier for renewable project developers to enter into offtake arrangements with state-owned distribution companies (discoms), finds a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA). “The launch of new financial instruments will enable developers to hedge their offtaker […]

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Wind-powered Economical Green H2 by 2030 Possible: Siemens Gamesa

Spanish wind turbine technologies company Siemens Gamesa yesterday released a white paper entitled ‘Unlocking the Green Hydrogen Revolution’ that outlines an ambitious plan to deliver cost-competitive green hydrogen by 2030 from onshore wind and by 2035 from offshore wind. The renewable energy company says that achieving carbon neutrality by 2050 is crucial to fight climate change and […]

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Solex & Jinchen Sign MoU for 1.2 GW PV module production line in Surat

Gujarat-headquartered solar PV manufacturer Solex Energy Limited has signed a Memorandum of Understanding (MoU) for acquiring 1.2 GW of solar module production equipment from China’s Jinchen Machinery, as it plans to expand output. The first phase of 600 MW will be commissioned by October-2021 and the work for the second phase of 600 MW will start immediately as […]

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