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energy markets

India’s RE Capacity to Reach 160 GW by 2025, Investment of Rs 4 Lakh Cr: ICRA

ICRA expects a gradual shift in RE technology bidding in India to shift towards hybrid projects, and that RE capacity will reach about 160 GW by March 2025 In its latest market analysis credit and rating agency, ICRA has said that it expects to witness a gradual shift in renewable energy (RE) technology bidding in […]

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ReneSola in Second JV In The UK, With Innova, To Expand European Push

ReneSola Ltd (“ReneSola Power” or the “Company”), the established  fully integrated solar project developer, and Innova, a company that invests in and operate a diversified portfolio of UK renewable energy assets, with a focus on utility-scale ground mounted and commercial roof top solar installations, located at agricultural, industrial and commercial sites, today announced that they […]

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ZestMoney: Massive Demand for Pay Later option on EVs

ZestMoney has been observing a higher demand, a 500% growth in customers opting for the Pay Later solution for Electric Vehicles (EVs). Due to COVID-19 and the need for social distancing, Zestmoney has observed a 500% month-on-month growth in customers opting for the Pay Later solution for Electric Vehicles (EVs). The company is India’s leading […]

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1,310 MW Samson Project Continues C&I Powered Solar Push In US

Invenergy’s 1,310 MW Samson Solar Energy Center has purchase contracts from  AT&T, Honda, McDonald’s, Google and The Home Depot.   Invenergy recently announced plans to start construction of a 1,310 MW solar energy facility, which will be the biggest stand alone one yet in the US . Invenergy is a  privately-held global developer and operator of […]

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The Future In Focus As Trina Solar, Tongwei In JV For Ingots, Wafers, 210 Series

The battle for the next stage of solar growth continues to intensify, with the announcement of a Joint venture between two more Chinese majors, Trina Solar and Tongwei. Both are large, established players, with Tongwei a particularly key supplier of cells to the industry in China. The new JV hopes to fill in to critical […]

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UK To Target 100% EV’s by 2030, a Decade Earlier Than Planned

It was only in February this year, that British Prime minister Boris Johnson had announced plans to bring forward the date to ban petrol and diesel cars from the UK to 2035. From the earlier target date of 2040. Now, multiple reports say that the new date will be 2030, likely to be announced as […]

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Azure Power Posts Q2 2020 Financial Results

Azure Power Global Limited, India’s only solar power producer listed in the US markets, has announced its consolidated results under the United States GAAP for the fiscal second quarter 2021, period ended September 30, 2020. Fiscal Second Quarter 2021 Period Ended September 30, 2020, Operating Highlights: • Operating Megawatts (“MW”) were 1,834 MWs, as of September 30, […]

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To Meet Climate Targets, Renewable Investments Need Tripling: Report

To achieve the 1.5°C climate goal, investments in diverse renewable technologies must almost triple annually to USD 800 billion by 2050. Global renewable energy investments increased between 2013 and 2018, reaching its peak at USD 351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative […]

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India Expected to be the Largest Contributor to the Renewables Upswing in 2021: IEA

IEA has predicted that India will be the largest contributor to the renewables upswing in 2021 and one of the key forces behind the record global expansion Renewable power is growing robustly around the world this year, contrasting with the sharp declines triggered by the COVID-19 crisis in many other parts of the energy sector […]

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