SUBSCRIBE NEWS LETTER

energy price

EV Price War: Ford Cuts Prices On Its F-150 Lightning Pickup

The softening in EV prices, driven by the correction in key raw material prices has reached the US markets with a jolt. Ford stretched the price war in the EV industry by announcing a sharp cut on the prices of its F-150 Lightning trucks on July 17. This includes a 17 per cent cut for []

Read more

Suzlon Group Bags 100.8 MW Wind Power Project from Everrenew Energy

Renewable energy solutions provider, Suzlon Group has recently secured a new order from Everrenew Energy Private Limited to undertake the development of a wind power project with a capacity of 100.8 MW. Suzlon will install 48 wind turbine generators (WTGs) of their S120 2.1 MW with a Hybrid Lattice Tubular tower at Velliyanani Phase []

Read more

Queensland Government Unveils Ambitious Plan to Establish 12 Renewable Energy Zones

The Queensland government announced its initiative to create 12 renewable energy zones (REZs) across the state, as part of a comprehensive $62 billion plan. The goal is to phase out coal power and transition to 80 percent renewable energy within a little over a decade. Recently, the Labor Palaszczuk government released a draft roadmap, Queensland []

Read more

1 Terawatt and Beyond: Solar Energys Unstoppable Rise and What Lies Ahead

Solar has come a long way in the last few years, from over 100,000 megawatts in 2012 to one terawatt now (1 terawatt is 1 million megawatts). So, what spurred this development? What were the factors that facilitated the achievement of this feat? Well be going over humanitys journey to 1 TW of installed capacity []

Read more

Travails At Siemens Gamesa Could Signal Hiccups Ahead For Wind Energy, Again

Siemens Gamesa, a subsidiary of Siemens Energy, is currently facing challenges in multiple countries. Since its complete takeover by Siemens Energy last year, Siemens Gamesa has been lurching from one problem to another. Parent firm Siemens recent announcement of reducing its ownership stake in Siemens Gamesa by 6.8 per cent, bringing it down to 25.1 []

Read more

Chinese Solar Module Prices Hit Record Lows, Developers Hope For A Lasting Opportunity

Chinese solar module prices have reached their all-time lowest level, as the Chinese Module Marker (CMM) now stands at $0.173 per W. The CMM experienced an unprecedented decline of 11.73 per cent week-on-week over the past week, representing the largest percentage drop in its history. Most of the downtrend has been attributed to firstly, the []

Read more

European Solar Energy Startups Witness 400% Surge in Investment: Report

A new research report by Avent Abacus reveals that total investment in European solar energy startups is up almost 400 per cent compared to last year. Reportedly, the companies received $6 billion in funding in the first five months of 2023 alone. Key Insights Avent Abacus notes that the total investment in European solar startups []

Read more

Energy Trading In An Interconnected World

Matteo Mazzoni, Director of Energy Analytics, ICIS Energy markets are evolving, moving away from discrete regional or local hubs to become truly global and far more interconnected than ever before. The rise of LNG and associated infrastructure investment, for example, has seen it emerge as an analogue of more traditional natural gas hubs. Whereas previously, []

Read more
      SUBSCRIBE NEWS LETTER
Scroll