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energy markets

After Capacity Battle, Shifting Renewables’ Focus to Generation Key, Says REN21

Even though renewables added 83% of new power capacity in 2020, their share in global electricity generation increased by only 2.7%, shows a new report by REN21, a think tank and a multi stakeholder governance group focused on renewable energy policy. The Renewables 2021 Global Status Report finds that despite the impacts of the COVID-19 pandemic, renewable […]

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The Place of Renewables in India’s Future Power Grid

Indian power sector, one of the largest in the world, comprises one synchronised national grid that serves the entire nation. In the last decade, the transmission system has expanded from 2.4 L circuit kilometres in 2011 to 4.4 L circuit kilometres in 2021, with inter-regional transfer capacity growing to 105 GW. A recent energy event […]

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US Solar Capacity Surpasses 100 GWs with 58% Electricity Generation

The US solar market has surpassed the 100 gigawatts (GWs) of installed electricity generation capacity, which marks the doubled size of the industry over the past 3.5 years, says a report entitled ‘U.S. Solar Market Insight Q2 2021’. According to the report released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, the solar […]

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Soltec Launches SFOne Solar Tracker with Double Row 1P Configuration

Murcia-headquartered solar tracker manufacturer Soltec announced yesterday the launch of SFOne, a new solar tracker with a double row 1P configuration, which is said to be adaptable to all types of projects in the global market. The Spanish company, which has experience in multi-stack 1P technology with the launch in 2009 of the SA Series […]

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Australia’s H2 Trade May be Worth US$90 billion in 2050: WoodMac

Low-carbon hydrogen could become a US$50 billion to US$90 billion export industry for Australia in 2050, says Wood Mackenzie. Australia rates consistently in the top echelons for solar irradiance and has vast potential for largescale carbon capture and storage (CCS). It has showed the world the path forward with its stationary battery storage flexibility at […]

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WindEurope Calls for Ban on Landfilling Turbine Blades

European Wind Energy Association, now WindEurope has asked for a Europe-wide landfill ban on decommissioned wind turbine blades by 2025. At the Spanish Wind Energy Association (AEE)’s Annual Congress Giles Dickson, CEO of WindEurope, and Juan Virgilio Márquez, General Director of AEE, yesterday called upon the European Commission to propose a Europe-wide ban on landfilling […]

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IFC and Rockefeller Foundation to Co-finance RE Development in Africa

The International Finance Corporation, the private sector arm of the World Bank Group, and The Rockefeller Foundation (RF) yesterday announced a new partnership to finance renewable energy development in Sub-Saharan Africa and some other regions. The joint venture aims to deploy $150 million of RF’s catalytic capital in blended finance to mobilize up to $2 […]

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Sungrow Partners With UCC for Distribution In Bangladesh

Leading global inverter solution supplier, Sungrow has today announced its partnership with United Computer Center (UCC) to enhance the company’s distribution networks for commercial & industrial, residential inverters in Bangladesh. Sungrow has a wide portfolio of products for applications in distributed generation markets covering product verticals within commercial and industrial, as well as residential inverters. […]

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Goldi Solar to Expand Capacity to 2.5 GW with New Plant in Gujarat

Solar Panel manufacturer and EPC provider Goldi Solar has announced its plans to increase its manufacturing capacity to 2.5 GW with a new facility on the outskirts of Surat, Gujarat. Presently, the existing facility has a capacity of 500 MW and the expansion of 2 GW has been planned in two stages. The first phase […]

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