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RE Investment Needs Restructuring Favoring Global South: IRENA

IRENA World Energy Transition Outlook identified that there is a geographic concentration of investments, and calls for structural changes to close the financing gap faced by the countries of the global south. According to the report’s findings, among the advanced economies of 38 countries, which make up 14% of the world’s population and represent 40% […]

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India Can Turn To Global South For Its Critical Minerals Needs: IEEFA

India’s minerals are at risk due to high import dependency and reliance on a few countries. Currently, India depends on resources such as synthetic and natural graphite, lithium oxide, nickel oxide, nickel sulphate, and copper cathodes. The study highlights the need for a diversified procurement strategy for these minerals to reduce trade risks. These minerals […]

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South Korean Trio Sweep 31% of Global EV Battery Market

The global electric vehicle (EV) battery market has recorded a 2.5 times growth in Jan-Mar 2021 of which, 31 percent was captured by three South Korean EV battery producers, according to a release by SNE Research. This trio consists of LG Energy Solution which came in 2nd, while Samsung SDI and SK Innovation ranked 5th […]

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Chennai Offers Ideal Access To Southern RE Market: Julian Thomas

1. How Informa Markets is planning to boost the growth of the renewable industry through the upcoming RenewX event in Chennai? RenewX Expo has played a significant role in driving the renewable energy industry forward, especially in South India. From 2015 onwards, RenewX Expo is making all possible attempts to support government policy, manufacturers, developers, […]

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Global Battery Deployment Surges 15%, BESS Gains 55%

2024 marked a year of continued growth and adaptation in the global battery industry. Global electric vehicle (EV) sales climbed 25% to 17.7 million units, with Battery Electric Vehicle (BEV) demand up 14%, while Plug-in hybrid electric vehicles  (PHEV) demand surged 50%. For the first time, battery electric vehicles (BEVs) in China have reached price […]

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Global Offshore Wind Auctions Set To Fall In 2025, After 2024 Surge, Finds Study

The global offshore wind industry is poised for a rebound in 2025, with capacity additions expected to reach 19 gigawatts (GW) and sector-wide expenditure projected to hit $80 billion, according to research from Rystad Energy. This recovery follows a slowdown at the end of last year, when new installations dropped to approximately 8 GW — […]

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South America Solar Growth in 2024: Achievements and Challenges

South America continued its steady solar growth over the last half-decade in particular, and overall renewable energy capacity additions in general, through the year 2024. Brazil remained the biggest market on the Latin American continent, with other nations like Chile, Colombia, and Costa Rica showing diversity in renewable progress. On the other hand, Chile’s massive […]

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Global Solar Installations In 2025 To Stagnate At 493 GWdc: Report

The global solar market continued its growth trend in 2024 to reach 495 GWdc installed capacity, with a 14% increase compared to 2023. A latest Wood Mackenzie report estimates a rise in power demand across regions due to the proliferation of data centers and growing electrification trends. However, the research report also cautions against several […]

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Top 5 Trends Shaping the Global Wind Power Industry in 2025

The year 2025 is expected to witness the record growth of renewable energy following the uptick in wind power market from the preceding year. Going by the trends in motion, the global wind energy capacity addition is set to double and reach over 700 GW by as early as 2028, compared to 2022 levels. New […]

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