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energy markets

Electricity Storage Valuation Framework

Electricity storage could be a crucial factor in the world’s transition to sustainable energy systems based on renewable sources. Yet electricity markets frequently fail to account properly for the system value of storage. This report from the International Renewable Energy Agency (IRENA) proposes a five-phase method to assess the value of storage and create viable […]

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IHS Markit Predicts a 16% YOY Drop in Solar Capacity Additions in 2020

Even as estimates and predictions on the impact of the Coronavirus pandemic on the renewable energy, and solar sector in particular are announced and updated with each passing week, comes a specific prediction from IHS Markit. The global research and analytics firm has predicted a degrowth of as much as 16 percent in global solar […]

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Trina Solar Launches Duomax V Bifacial Panel

Trina Solar, a firm that claims to have delivered over 40 GW of modules worldwide, has just launched its latest offerings for the global market. These include the ‘Duomax V’ bifacial double-glass panel and ‘Tallmax V’ (backsheet) series panel. Based on the 210mm x 210mm large-size silicon wafer and monocrystalline PERC cell, the new panels […]

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Northland Power to Acquire Offshore Wind Project in Canada

NaiKun Wind Energy Group will sell the NaiKun Offshore Wind Farm located in the Hecate Strait off the coast of British Columbia, Canada, to Northland Power NaiKun Wind Energy Group has announced that it has entered into an agreement to sell the NaiKun Offshore Wind Farm located in the Hecate Strait off the coast of […]

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From 7 Paise Per KwH To Ownership. On SECI’s Future Plans

Solar Energy Corporation of India (SECI) CMD, Mr J S Swain, has been quoted in a recent interview to the Economic Times as saying that SECI plans to move to become a developer itself, with a first target of setting up 5000 MW of Solar-Wind hybrid projects in the coming decade. That announcement is a […]

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Solis Reopens in China on February 10

Solis or Ginlong (Solis) as it is called in China, has become one of the earliest firms in the sector to restart operations after the shutdown caused by the Coronavirus and measures taken to combat it. The return to normalcy is a critical sign of the overall sector returning back to work, considering China’s role […]

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Tongwei Solar to Set up Production Base in China with CNY 20 Bn Investment

With an aim to target exports to European markets, Chinese solar cell manufacturer Tongwei Solar has recently organized a groundbreaking ceremony of its photovoltaic (PV) industrial base project in Jintang County of Chengdu city in China. With a total investment of about CNY 20 billion, Tongwei Solar photovoltaic industrial base project will construct the annual 30 […]

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Wind Project Installations in India Deflating: GWEC Report

Wind project installations in India are deflating with only 2.4 GW installed in 2019, nearly half of the 4.1 GW installed in 2017, according to a new report Wind project installations in India are deflating with only 2.4 gigawatts (GW) of wind capacity installed in 2019 – nearly half of the 4.1 GW installed in […]

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Siemens Gamesa to Supply Turbines for 113 MW Project in Vietnam

Siemens Gamesa Renewable Energy will supply 25 SG 4.5-145 for one of the largest wind farms in Vietnam, with a total capacity of 113 MW. In an effort to tap its potential and provide more clean energy to the country, Siemens Gamesa Renewable Energy will supply 25 SG 4.5-145 for one of the largest wind […]

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