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energy markets

Global Battery Storage Capacity Set To Reach 2,200 GW By 2050: Report

BP Energy Outlook 2024 report, reported a rise in global power generation to nearly 25,000 TWh under current projections. This increase is closely paralleled by an approximately eight-fold rise in wind and solar power, reaching 23,000 TWh. The study projects a 40% decline in global coal-fired generation by 2050, with significant decreases expected across most […]

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IREDA Q1 Results: 32% Revenue Growth, 30% Net Profit Jump

Indian Renewable Energy Development Agency Ltd. (IREDA) announced its audited financial results for the first quarter of fiscal year 2024-25 today. As the largest Pure-Play Green Financing NBFC in the country, IREDA achieved a new industry standard by publishing its Audited Financial Results within only 12 days. IREDA has achieved Profit After Tax of Rs. […]

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Waaree Subsidiary Indosolar Commences 1.30 GW Solar Module Facility

Indosolar Limited, a subsidiary of Waaree Energies Limited today announced the inauguration of its solar module manufacturing facility in Noida. The company in a media statement today said that with a production capacity of 1.30 GW, this factory marks a milestone in its domestic manufacturing and is expected to accelerate employment opportunities, and contribute towards […]

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Alpex Solar Appoints Gaurav Bector As Global EPC Head

Listed Solar manufacturing and EPC firm Alpex Solar’s has plans to expand its footprint in overseas markets through its EPC business. To support this push, it has appointed  Gaurav Bector as the Global Head of EPC (Engineering, Procurement, and Construction). Gaurav was previously General Manager (ME&A) of Dubai based Qlite FZC and has over 30 […]

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Climate-Focused Non-Profits Make an Impact

India is the most populous country in the world and is poised to become a $5 trillion economy — the world’s third largest — in the next five years. Today, India’s per capita greenhouse gas emissions are about one tenth of those from the United States, and India represents just 3.4% of historic global emissions. […]

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Head of Business Development

Support for BL Strategy Development and ensuring execution in region Identify and research business opportunities for new and existing markets (IAM /OES) Identify future business prospects based on market research data (incl. machine learning), market / customer feedback and divisional opportunities Explore and Build strategic partnerships to market players which can help to realize the […]

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Maersk Sets Up Maersk Offshore Wind To Provide Installation Support

Denmark based Global Container Shipping and logistics major AP Moller Maersk has launched Maersk Offshore Wind, that will provide installation services to the offshore wind market based on a new and state-of-the-art offshore Wind Installation Vessel (Maersk WIV) concept. The firm claims that the design and concept are estimated to reduce the installation time of […]

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Africa Solar Progress: The Next Solar Frontier?

Africa is a gold mine, both literally and figuratively. Providing essential resources for the global transition to clean energy, Africa also holds immense potential for renewable energy development. By 2023, the continent had 62.11 GW of renewable energy capacity installed, a figure that could rise substantially with more funding. Africa as a continent – and […]

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