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energy markets

UK Supports Slumping Offshore Wind Sector With 66% Hike In Auction Prices

The UK, which has been one of the largest offshore wind markets until now, has moved to limit the damage and recover lost ground after a series of offshore wind projects were threatened or cancelled. The projects in the UK, and other regions, notably the US, were all cancelled due to rising costs and maintainance […]

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Current Growth Insufficient To Meet Global Net Zero Targets: KPMG Report

A latest report from KPMG said that current developments across the world were not enough to meet the net zero targets globally.  It said that governments and industry must deliver transformative change on net zero but are currently hamstrung by significant barriers, including global public debt, domestic tensions, increased opposition to decarbonization plans, and the […]

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Chinese Module Majors Feel The Pinch From Module Price Drop

As financial results for Q3 come in, it is obvious that the pain of dropping module prices is beginning to impact major global players, especially the Chinese majors that dominate global markets. Except for pockets where buyers are from the US and Europe who consciously avoided Chinese players, revenues have sustained only on higher volumes, […]

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How is Soltec’s Tracker for US Market Different than Its Other Trackers?

Solar tracker manufacturer from Spain, Soltec, has designed a single-axis tracker specifically for the US market. The tracker, SFOne US, vis-a-vis Soltec’s trackers for other markets, sees a fewer number of parts. It also comes with the option with some pieces pre-assembled. In the US market, the tracker is longer with thicker piles, which means […]

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EU’s Grid Infrastructure Needs 200 GW Battery Storage: Report

The Solar Power Europe report on the use of storage in grid, and the importance of developing supportive energy policy talked about several aspects of the grid infrastructure in the European Union (EU).  It underscored the key recommendations for strengthening the EU grid policy to drive transformative changes in the energy landscape for battery storage.  […]

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EU, US Frontrunners In Offshore Wind Patents: IRENA Report

A latest joint report from the International Renewable Energy Agency (IRENA) and the European Patent Office (EPO) claimed that patents over offshore wind technologies are on the rise globally. The report titled; Offshore Wind Energy Patent Insights Report showed that between 2002-2022 patent filings for offshore wind technologies grew on average by 18%. This growth […]

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BluSmart Becomes First E-Mobility Firm To Get Carbon Credits Certified

Indian electric only ride hailing service provider BluSmart today claimed that it has become the first Indian EV cab firm to receive carbon credit accreditation. The certification was done by Verra, a global non-profit corporation. The company received the credits due owing to its emission free operations, leafing to reduction in carbon-dioxide emissions for the […]

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Solar Finance Specialist

Reporting to the Chief of Resource Mobilisation or a designated officer, you will support him/her across our business clusters. You will review, develop and deploy the financing of renewable energy, particularly from the ISA’s perspective on leading energy transition through its member states. The role will lead and implement crucial processes within the solar energy […]

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Waaree Bags 135 MW Solar Module Order From NTPC

Waaree Energies Ltd., India’s leading solar module manufacturer today announced that it is engaged by NTPC Ltd. to supply over 135 MW of solar PV modules.  NTPC Ltd is the country’s largest power utility company, with an installed capacity of 73,824 MW. The modules supplied by Waaree Energies Ltd. will be utilized by NTPC Ltd. […]

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