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Energy Transition May Cost Upstream Oil & Gas Sector $14 T: WoodMac

Even a rapidly transitioning world needs oil and gas supply for decades to come The energy transition represents US$14 trillion worth of uncertainty for upstream oil and gas, according to a new report by Wood Mackenzie. Oil and gas is a risky business. Over the years, those risks have been tempered by a single tenet […]

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Green Hydrogen Not a Blanket Alternative to Fossil Fuels?

Green hydrogen is increasingly being built up as the ideal clean fuel for a carbon-neutral tomorrow, but is it a viable replacement for the use of fossil fuels in cars or domestic heating systems? In a recently published study conducted by Germany’s Potsdam Institute for Climate Impact Research (PIK), scientists have found that even though […]

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Why UP’s Solar Delays and Resultant Anxiety Of Developers Was Predictable

NSEFI, (The National Solar Energy Federation of India) a key umbrella body that represents  solar stakeholders, has finally been forced to approach the office of the Uttar Pradesh Chief Minister, Yogi Adityanath, for 500 MW of solar projects that were won in February 2020 by its members, where progress has been glacial. This delay, attributable […]

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Global EV Market To Reach $802.75 Billion By 2028: Report

A recent study report by Market Growth Report, says that the electric vehicle (EV) market is expected to reach USD 802.75 billion by the year 2028, growing at a Compound Annual Growth Rate (CAGR) of 21.6 percent during the forecast period, 2021 – 2028. This market size was estimated to be valued at USD 273.31 billion […]

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“India Needs Schemes that can support the market expansion”, Stefan Louis, Nexcharge

Nexcharge, the Joint venture between Exide India and Leclanché, Switzerland, (Exide Leclanché Energy Private Limited) completes three years this year. It’s been a period of major changes on the battery storage front, with Lithium Ion batteries finally given the importance they deserve, with support from both the official PLI schemes and a major push from […]

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DGTR’s Third Anti Dumping Investigation. Too Little, Too Late?

The announcement by the ministry of commerce and industry of the Directorate General of Trade Remedies (DGTR) starting an anti-dumping probe on imports of solar cells imported from China, Vietnam, and Thailand was made yesterday. The move, while following due process as one would hope, leads to several questions regarding its relevance. Perhaps the only […]

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Top 10 Polysilicon Rankings for 2020- The Future To be 90 Percent China

German research firm Bernreuter research has released its latest ranking of Polysilicon manufacturers, and the prognosis for non-Chinese manufacturers is not good. The firm predicts that the world’s four largest polysilicon manufacturers in 2022 will all be based in China. in 2020, Wacker Chemie, the German firm which was actually no. 1 till 2019, lost […]

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TATA Power’s Q4 FY21 Results: Revenues Jump 50%

Mumbai-based electric utility company Tata Power Limited released its financial results for the fourth quarter of FY21 ended March 31, 2021, announcing a marginal rise of one per cent in consolidated net profit at Rs 481.21 crore (Rs 474.70 crore in the year-ago period), due to saving in finance cost offset by an exceptional gain […]

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PLI Scheme for Battery Storage Will Lower Cost of EVs in India: SMEV

SMEV has said that the PLI scheme for promoting battery storage will lead to the reduction of cost on purchase of electric vehicles (EVs) The Society of Manufacturers of Electric Vehicles (SMEV) has said that the production linked incentive (PLI) scheme for promoting battery storage will lead to the reduction of cost on purchase of electric vehicles (EVs) thereby […]

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