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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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Global Solar Energy Costs Drop, Offshore Wind Prices Stay High: Wood Mackenzie

Globally, the Levelised Cost of Electricity (LCOE) landscape made significant advances in renewable energy technologies, with wind and solar power leading the way. The levelized cost of electricity (LCOE) is used to evaluate the net present value of the cost of electricity over generated during the lifetime of the generating system from the energy technology. […]

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EIB, Development Bank Of Southern Africa Grant €600 Mn To Private RE Sector

The European Investment Bank (EIB) and the Development Bank of Southern Africa (DBSA) have further boosted their support for renewable energy projects in the private sector, aiming to increase clean energy generation while supporting new jobs. A € 100 million (ZAR 1.98 billion) loan from the EIB, matched by the DBSA, comes in addition to […]

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415 GW and Beyond: Role of Solar Energy in Meeting Global 2030 Climate Goals

The urgency for a global shift towards sustainable development, primarily driven by renewable energy, is undeniable. Both developed and developing economies have embraced the need to limit the increase in global temperatures, as agreed in the Paris Agreement (COP21). This agreement set ambitious goals for nations to work towards keeping the global temperature increase to […]

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H1 Results: Trinasolar Ships 34 GW Solar Modules Globally

Global solar module manufacturing company Trinasolar has now published its financial report for the first half (H1) of 2024-25. The company reported a revenue of $6.047 billion and net profit attributable to the parent of $74.058 million during this period, the firm said. The green Chinese company said that over the six months, the company […]

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InterSolar South America: Sungrow Celebrates 20 GW Milestone

Sungrow, a global solar inverter and energy storage system provider, presented its latest innovations in solar, storage, and EV charging at Intersolar South America, held from August 27-29, 2024. During the expo, Sungrow announced reaching a significant milestone of 20 GW in cumulative contracted inverter orders across Latin America. With supportive policies, growing investments, and […]

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Winding Up: Global Offshore Wind Installations To Surpass 520 GW by 2040

Global offshore wind projects are set to defy all predictions of doom and gloom, based on energy research firm Rystad’s Predictions. Offshore wind energy, which has been in the news in recent months for all the wrong reasons, be it inflationary pressures, supply chain disruptions, exemplified by postponed permitting processes, delayed auctions and slow supply […]

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Arctech Grows With 131% In Global Solar PV Tracker Market

Global solar tracker company Arctech has now emerged as the only company among the world’s top 5 solar tracker suppliers to achieve an annual growth rate of 131%, according to the 2024 Global PV Solar Tracker Market Share Report published by Wood Mackenzie, the firm said today. Arctech is a provider of solar tracking, racking, […]

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