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energy markets

Battery Costs in Stationary Energy Could Fall by up to 66%, Grow 17-Fold by 2030: IRENA

The cost of battery storage for stationary applications could fall by up to 66 per cent by 2030, according to a new report published by the International Renewable Energy Agency (IRENA). The falling price of batteries could stimulate 17-fold growth of installed battery storage, opening up a number of new commercial and economic opportunities, the […]

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Schneider Electric Commits Generate Electricity From 100% Renewable Energy by 2030

The commitments are yet another step in Schneider Electric’s journey to becoming carbon neutral by 2030. Schneider Electric, the leader in digital transformation of energy management and automation, has committed to sourcing 100% renewable electricity and is throwing light on the doubling of its energy productivity. The company strongly believes it cannot go renewable without […]

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Enphase Energy Roars into Indian Market with the Company’s Largest Solar Installation in the Asia-Pacific Region

Powered by 2,858 Enphase Energy microinverters, the system is expected to provide more than 15,000MWh of clean power annually to the FMCG Company’s cold storage, packaging, baking, and pickling units.   Enphase Energy, a global energy technology company and the world’s leading provider of solar microinverters, announced today that its installation partner, RenXSol Ecotech has […]

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Su-Kam Organizes Solar Energy Meet with 50 Stakeholders in Lucknow

Over 50 stakeholders converge at Lucknow to deliberate on solar energy roadmap Su-Kam, a leading company in power back- up and solar solutions organized a meet with 50 stakeholders in the solar segment at Lucknow to deliberate on India’s renewable energy roadmap. The meet also showcased latest technologies in the solar segment catering to the […]

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Gigawatt-Scale Solar Markets Seen in 13 countries in 2018: GTM Research

GTM Research identifies five new countries (solar markets) poised to install more than a gigawatt of solar annually. As the year 2017 nears to its end, GTM Research report has identified 13 countries of gigawatt-scale solar markets in 2018 that would exceed the 1-GW worth of annual solar PV installations, up from eight in 2017. […]

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Investments in Renewable Energy Sector Could Hit $11T By 2040

India and China lead the development in renewable energy investments, accounting for almost 50 percent of new global capacity. Investments in renewable energy (RE) could climb to a cumulative $11 trillion by 2040, mostly in emerging markets, according to a study by the International Finance Corporation, a member of the World Bank Group. Major reforms […]

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Qatar to Adopt First Renewable Energy Strategy

Many government bodies in Qatar are cooperating to adopt the first renewable energy strategy to diversify energy sources and reduce harmful emissions. To cut carbon emission and diversify energy sources, Qatar has increased its efforts to adopt the first renewable energy strategy. Dr Mohammed bin Saleh Al Sada, Minister of Energy and Industry, speaking at […]

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India Committed to 175 GW Clean Energy Target: MNRE

India is committed to its renewable energy target of having 175 GW capacity by 2022 to provide equitable sustainable development Ministry of New and Renewable Energy (MNRE), Government of India, in partnership with the Confederation of Indian Industry (CII), organized a panel discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW renewables by […]

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IEA Predicts India Will Lead the World in Clean Energy By 2040

Rapid deployment of solar photovoltaics (PV), led by China and India, will help solar energy become the largest source of low-carbon capacity The International Energy Agency (IEA) predicts India is likely to lead global energy demand growth surpassing China and the US by 2040. In its latest World Energy Outlook, published by the International Energy […]

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