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14 Trends That Drove Change In RE Within 2023: IEA Analysis

The International Energy Agency (IEA) reviews 14 major trends that shaped 2023 and predicts future changes for energy sector in 2024. 1. 2023 Witnessed Change In Renewable Capacity Additions, driven by China’s solar PV market According to IEA , the global annual renewable capacity addition was expected to increase by almost 50% to nearly 510 […]

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DGTR Will Continue Anti-Dumping Duty On Chinese EVA Backsheets

The Directorate General of Trade Remedies (DGTR) has recommended extending the anti-dumping duty on the import of Ethylene Vinyl Acetate (EVA) backsheets from China for an additional five years. A recent DGTR investigation revealed that EVA backsheets are still being exported to India at prices below their normal value. And this, according to DGTR, is […]

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GE Vernova Gets 2.4 GW Turbine Order For Biggest Mexican Wind Project

GE Vernova has signed a new equipment and long-term services deal with Pattern Energy to supply 674 units of 3.6-154 wind turbines. The order is enough to  generate more than 2.4 GW of power at the SunZia Wind project in New Mexico. SunZia Wind, which is expected to be the largest wind project in the […]

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In 2024, US-China Trade Tensions Likely To Cast Shadow Over EV, PV Supply Chains

Short of an unprecedented rapprochement, the EV sector looks set to be headed into some potholes in 2024. The reason is heightening tensions between the US and China, as both countries ratchet up measures to assert control over their respective strengths. For China, it is its huge dominance of the EV supply chain, from batteries […]

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Vietnam’s VinFast looks to open EV battery plant in Tamil Nadu

VinFast, a leading Vietnamese electric vehicle manufacturer, has identified Thoothukudi as the location for its upcoming battery manufacturing plant. The company is poised to make a significant investment, amounting to hundreds of millions of US dollars, in a spacious 400-acre area. Moreover, this will be VinFast’s inaugural investment venture in India. Originally, VinFast was looking […]

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Top 5 Countries With The Fastest Increase In Solar Capacity In 2023

As 2023 comes to an end and 2024 is upon is, it could be considered an interesting exercise in retrospect to look upon the countries that shone in terms of adding solar capacity in the past year, leading the rest of us into the future. Here are the top 5 countries with the fastest increase […]

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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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The 2023 Playback- What Our Most Read Stories Tell Us

As a digital publisher, one of the joys of publishing is the feedback, both immediate and ongoing that writers get on their stories. Seen both in actual pageviews and in terms of traction on social media, this feedback loop is a key to decide what gets covered, and what doesn’t at times. We say at […]

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India Allocated Rs 5.2cr To Subsidize 11.53 lakh Electric Vehicles: Govt

Latest data from the Ministry of Heavy Industries claimed that the Union government allocated a total of Rs 5.2 crore as subsidies to incentive 11.53 lakh electric vehicles (EVs) in the country by the end of December 1, 2023. The information was recently shared by the ministry in a media statement. The ministry said that […]

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