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energy markets

US On Course For Record 32 GW Solar Capacity Additions in 2023

A new report from the US solar lobby Solar Energy Industries Association (SEIA) and Wood Mackenzie predicts a record addition of 32 GW of new capacity in 2023, a 52% increase from 2022. The US Solar Market Insight Q3 2023 report paints a positive picture of growth for the sector, especially with the IRA (Inflation Reduction Act) […]

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Kailash Vaswani to Steer ReNew as Chief Financial Officer

The Board of Directors of ReNew Energy Global plc has accepted the resignation of Kedar Upadhye as the Chief Financial Officer of ReNew Energy Global Plc, on September 6, 2023.Upadhye’s resignation will be effective on October 30, 2023. Upadhye is resigning to pursue an opportunity outside ReNew in a products-driven sector. Sumant Sinha, Founder, Chairman […]

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India On A Right Track Towards Net-Zero But Need Finances: Report

A new report by Brusels-based think tank Strategic Perspectives compared the performance of five major economies- US, China, EU, India and Japan on zero carbon technologies. The report compared the performance of these five major economies on manufacturing, deployment and investment in key decarbonization technologies like renewable energy, and electric vehicles (EVs), as well as the […]

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H1 Revenues and Growth Powered By Global Expansion For Chinese Solar Majors

While protectionist moves in key global markets might be a factor in a couple of years or earlier, for now, Chinese solar manufacturers offering critical solar equipment are enjoying their day in the sun. Key players are all delivering record numbers, thanks to capacity increases and steady prices. H1 figures coming from firms across 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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Sungrow Reaches 15 GW Order Milestone in Latin America

Sungrow, ranked by some measures as the leading inverter and energy storage system supplier, announced its cumulative PV inverter orders signed in Latin America have reached 15 GW, among which the primary momentum is Brazil with 10 GW, during Intersolar South America on August 29-31, 2023. In addition, the Company introduced several innovations including the new three-phase 220V string […]

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Research Associate-Power & Renewables

Responsibilities:- Create, monitor, and maintain relevant data for renewable technologies by conducting primary and secondary research. The data to be monitored includes general market dynamics, business models, market and policy developments and financial strategies. Maintain data stores for renewable technologies, such as: project lists, company financials, asset transactions, tender announcements, and policy developments. Evaluate the […]

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H1 Global Wind Turbine Orders At High Of 69.5 GW

Research from research firm Wood Mackenzie. indicates that global wind turbine order intake reached new highs in H1, with 69.5 gigawatts (GW) of activity, a 12 percent increase year-over-year. The figures include offshore as well as onshore wind turbine orders. A big driver of this activity was offshore wind turbine orders from outside of China, […]

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Gensol Engineering Bags Two Solar EPC Projects in Dubai

Gensol Engineering, a firm that delves into solar advisory and execution services, has bagged two orders for solar EPC projects in Dubai, United Arab Emirates (UAE). “Gensol Engineering announced its two turnkey maiden international solar engineering, procurement, and construction (Solar EPC) projects with the Dubai Government Workshop Warehouse and the Dubai Police,” the firm said […]

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