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energy markets

Offshore Wind Could Generate 8% Of USA’s Electricity By 2050: NREL

The NREL has released a report on, “Expanded Modelling Scenarios”. which helps to understand the role of offshore wind in decarbonizing the United States. The report estimates that 20% of regional power needs could be served alongside the Atlantic coast to support offshore wind farms by 2050.  NREL is the U.S. Department of Energy’s primary […]

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RMI Predicts Increase In EV Car Sales By 10% In Six Years

The RMI report suggests a significant shift away from the internal combustion engine (ICE) era is well underway. This transformation is closely associated with the rapid growth of Electric Vehicles (EVs), with a forecast indicating a declining global demand for oil in the automotive sector by 2030. In its report titled “X Car Charge: The […]

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GameChange Solar Bags 560 MW Project In Egypt

GameChange Solar, a global provider of solar rack solutions, has announced that it has signed a contract with CEEC-ZTPC, an engineering, procurement and construction (“EPC”) company headquartered in China with energy development projects in several countries. GameChange will supply solar tracker systems to support a 560 MW solar project in Egypt. The agreement signed between […]

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Indian solar module manufacturers have as fair a chance as IT industry in US: Shubhra Mohanka, Gautam Solar 

Tell us about the recent developments from your firm. So, the recent developments are twofold, one is from a capacity perspective. We are doing two gigawatts of capacity manufacturing that we are expanding to now. And the second is from a product perspective, where we have launched n-type TOPCon glass-to-glass panels at this Expo. How […]

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Envision Strengthens Success Story in India with 653.4 MW Order

Envision Energy, a global leader in renewable energy solutions has won an order from India’s JSW Energy for developing a 653.4 MW wind energy park in Karnataka and Maharashtra. As per the order, Envision would provide 198 units of EN 156-3.3 MW WTGs (Wind Turbine Generator). The project is expected to be commissioned in phased […]

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Birla Carbon Acquires Belgium’s Nanocyl for Lithium Generating Carbon Solutions

Birla Carbon, a manufacturer and supplier of carbon solutions, recently acquired Nanocyl SA, a Belgium-based firm working on multi-wall carbon nanotubes (MWCNT). This acquisition expands Birla Carbon’s presence in the energy systems market, in material critical to Lithium Ion battery performance and other conductive applications. The firm maintains that the key motive of the project […]

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143 Countries Are Net Importers of Fuels Globally: Report

The United Nations Trade and Development (UNCTAD) in a conference recently unveiled a report on commodities and shared an update on its role in the development of emerging nations. This report sought to evaluate factors that bolster the adoption of eco-friendly industrial policies in developing countries reliant on commodities. It further expounds on UNCTAD’s mission, […]

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Vikram Solar Appoints Sabyasachi Biswas as Senior Vice President-Digital Transformation

Vikram Solar Ltd, a prominent player in the solar energy sector today announced the appointment of Sabyasachi Biswas as Senior Vice-President for Digtal Transformation. In his role, Sabyasachi will make the strategic implementation of digital initiatives within the organization. With over two decades of experience, Sabyasachi Biswas has demonstrated leadership in key markets worldwide, including […]

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RE Generators Selling Power At Power Exchanges Can Issue REC: CERC

In its latest order, the Central Electricity Regulatory Commission (CERC) clarified that renewable energy generators are entitled to Renewable Energy Certificates (REC) if they sell their power under the conventional market contracts of power exchanges.   The order came to the fore after Indian Energy Exchange Limited (IEX) moved the Commission seeking approval for the changes made […]

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