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10% PV Installations Will Incorporate Storage Within a Decade: DNV Report

DNV, an expert in assurance and risk management, has recently released its ‘Energy Transition Outlook, 2023’ report, focusing on the progress of solar photovoltaic (PV) technology. The report gives an overall trends stating that, in 2004 the annual solar installations were a modest 1 GW. However, by 2019, this figure skyrocketed to 100 GW despite […]

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Advertising, Brand Ambassadors, And Celebrities Emerge As the ABC Of Solar Marketing

Advertising, Brand Ambassadors, And Celebrities Emerge As the ABC Of Solar Marketing As India’s domestic solar manufacturing ramps up from an estimated 38 GW currently to over 100 GW by 2026, firms have realised the limits of doing business as usual. Counting on large government-backed projects, with exports as the icing on the cake when […]

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US Could Usher Over 90 GW Wind Installations By 2028: US Wind Watch

A latest study release entitled, the ‘US Wind Watch’, has been released by Wood Mackenzie and  the American Clean Power Association. The report reflects on the surge in offshore wind projects, the revival of onshore markets, and the booming repowering sector. Estimates on Wind Installations  The study estimates more than 90 GW of wind energy […]

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Annual Global Investment in Energy Transition Tech Touched Record Level of US$ 1.1 Trillion in 2022

Deloitte’s recent report on India’s energy transition pathway, highlights three pillars of the energy transition pathway. The report mentions three important components in energy transition: grid decarbonisation, industrial decarbonisation, and transport transition. Investments in Energy Transition In 2022, annual global investment in energy transition technologies touched a record level of US$ 1.1 trillion, witnessing a 31 […]

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TPREL to Set Up 41 MW Captive Solar Plant for Solar Manufacturing Unit

Tata Power Renewable Energy Ltd (TPREL), a subsidiary of The Tata Power Company Limited, will set up a 41 MW captive solar plant at Thoothukudi, Tamil Nadu for Tata Power Solar’s new greenfield 4.3 GW solar cell and module manufacturing facility located at Tirunelveli, Tamil Nadu. The captive plant will help generate 101 million units […]

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ORIT Launches 50 MW Wind Farm in Scotland for Kimberly Clark

Octopus Renewables Infrastructure Trust, an investment company focused on providing investors with a sustainable level of income returns, with an element of capital growth, by investing in a diversified portfolio of renewable energy assets across Europe, the UK and Australia, has launched a new 50 MW onshore wind farm located in South Lanarkshire, Scotland. The […]

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Drop In Solar Costs Put At 3% by IRENA for 2021-22 Period

The International Renewable Energy Agency (IRENA) has published a report into the cost of producing power in 2022, putting the drop in levelised cost of electricity (LCOE) in the solar PV sector at 3% in 2022, and 89% between 2010 and 2022. The findings will be no surprise to industry insiders, considering how the drop […]

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Sweden Tries Solar-Powered Hybrid Truck On Public Roads

A unique hybrid truck with a solar panel-covered trailer is being tested on public roads, as a result of a two-year research collaboration involving Scania, Uppsala University, Eksjö Maskin & Truck, Midsummer, Ernsts Express, and Dalakraft.  The solar-powered truck has been developed in a research project partly funded by the government agency of innovation Vinnova […]

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