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energy markets

COVID-19 Could Derail Storage Growth, but 2020 to be Record Year

According to a new analysis, the COVID-19 containment could derail storage growth but 2020 will still be a record-breaking year with 12.6 GWh deployed. According to a new analysis, if the coronavirus (COVID-19) containment measures continue to curtail the movement of goods and people through Q2 this year, alongside an economic downturn, the market impact […]

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Middle East Renewables Braced for Turbulent Outlook: GlobalData

Recent reports have estimated that global solar demand will slow down for the first time in three decades, with the coronavirus (COVID-19) crisis potentially triggering a drop of between 6 percent and 10 percent in demand in 2020. The downgrade is largely due to strict limitations on movement and commercial activity in China, where the […]

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GoodWe, GE Ink Global Licensing Deal

GoodWe Power Supply Technology Co Ltd (Goodwe), a prominent inverter and storage firm, based in Suzhou, China, has been selected as the exclusive licensing partner of solar inverters for GE’s global sales. For the technology focused Goodwe, the pact serves as a vindication of the quality and reliability of its product offerings in the space, […]

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Poor Infrastructure and The UK EV Market

The UK has until 2040 to phase out the production of new petrol-powered cars and focus its attention on the production of electric vehicles. However, electric vehicles are being purchased at a much faster rate than expected. If we continue to see year-on-year growth in the sale of electric vehicles, the UK can’t expect to […]

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SNEC 2020 Stands Postponed. No New Date Announced

After holding out for long, the organising committee of the SNEC (Smart Energy Event and Conference), Shanghai,  which is by far the biggest trade show for the solar sector, has announced the postponement of this years event. The 2020 edition would have been the 14th edition of the expo. The conference+ exhibition was originally scheduled […]

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Siemens Gamesa Secures 312 MW Turbine Order in Brazil

Siemens Gamesa has secured its first order in Brazil for its next-generation 5.X platform, to supply 52 of its new turbines for the 312 MW Tucano wind farm. Siemens Gamesa Renewable Energy has announced that it has secured its first order in Brazil for its next-generation platform, the Siemens Gamesa 5.X. Following recent deals to […]

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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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