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energy markets

Global Installed Wind Power Capacity to Grow at 9% Annually till 2030

Global wind power capacity is expected to grow at a cumulative annualised growth rate (CAGR) of 9% between 2021 and 2030, according to a new report by Wood Mackenzie, a Verisk business. By the end of the decade, cumulative global wind power capacity is projected to hit over 1,756 gigawatts (GW). Wood Mackenzie’s Q4 forecast […]

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IEEFA report: “States should have primary responsibility for agrivoltaics”

Agriculture, a key mainstay of the Indian economy has a vital role to play in the creation of renewable energy capacity, especially if ways could be found to combine it with solar generation. This is where agrivoltaics assume such vital importance. A study focused on ‘Agrivoltaics in India: Fertile Ground?’ by Institute for Energy Economics […]

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Curbs On China Imports Fail To Slow Down Solar Imports For US In 2021

A research report from Rystad Energy lays bare the failure of US efforts to reduce dependence on Solar Imports, especially by curbing imports from China. According to the report, the US is on track to import a record 27.8 gigawatts (GW) of solar PV panels in 2021 from a range of countries, up from 26.7 […]

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MG Motor to Launch New EV in India for ₹10-15 lakhs by Next Fiscal

MG Motor India will drive in an electric vehicle priced between Rs 10-15 lakh by the end of the next fiscal to rev up its play in the country’s electric mobility space, said an official statement. The company, which currently sells electric SUV ZS EV, will launch an electric crossover vehicle based on a global […]

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US Firm AES Unveils New Solar Installation Robot

AES Corporation has launched Atlas, a new solar installation robot. “Atlas represents a major advance in solar energy technology, making it faster, more efficient and safer to construct new solar facilities,” said the company. Atlas was designed by AES through a multi-year innovation process and built in cooperation with Calvary Robotics and other third parties. […]

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KKR Launches New RE Platform ‘Stellar Renewable Power’

Investment firm KKR has launched “Stellar Renewable Power”, a new platform that aims to source, develop and operate utility-scale solar plants and storage facilities on behalf of KKR’s Asset-Based Finance (ABF) strategy. Stellar will source opportunities through greenfield development and acquisitions of early-stage assets from other developers. Renewable energy expert Vijay Venkatachalam will lead Stellar. […]

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GoodWe Adds Top Altman-Z Score To Strengthen High Bankability Status

In few industrial sectors is the financial strength of every supplier taken as seriously as it possibly is in the case of solar energy. For the young sector, where projects are routinely expected to last 25 years, with minimum product warranties starting at 5 years, suppliers bankability has always been a selling point with financiers. […]

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American Manganese Secures Patent in India for Li-ion Battery Recycling

The Indian Patent Office has issued Patent No. 380826 for the American Manganese’s first patent invention regarding lithium-ion battery recycling, the company announced in a recent statement. The patent covers core process functions in the company’s RecycLiCo process that can achieve up to 100% leach extraction of lithium, cobalt, nickel, and manganese from the treatment of […]

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