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India EV Battery Swapping Propelled by low Penetration of Charging Stations: P&S Intelligence

Due to increased run-time and improved remunerative prospects for shared e-mobility drivers, the demand for EV battery swapping is rising in India Due to increased run-time and improved remunerative prospects for shared e-mobility drivers, the demand for electric vehicle (EV) battery swapping is rising in India, a new report by market research and consulting services […]

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LONGi Rated With Highest Altman-Z Score by BloombergNEF

LONGi has been rated with the highest Altman Z score of all the publicly quoted pure-play solar manufacturers by BloombergNEF In February, BloombergNEF, a leading provider of global PV business dynamics and financial information had released the “1Q 2020 Global PV Market Outlook”. LONGi, which is one of the world’s leading solar module manufacturer, was […]

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MHI Vestas Secures 1st Firm Order in Japan for 139 MW Offshore Wind Projects

Akita Offshore Wind Corporation has completed a firm turbine supplier agreement with MHI Vestas for a 139 MW offshore wind farm project in Japan Akita Offshore Wind Corporation (AOW) has completed a firm turbine supplier agreement with MHI Vestas for the Akita Noshiro Offshore Wind Farm Project. This is the first firm order in Japan that […]

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Wind Energy – The Struggling Pillar of the European Green Deal: WindEurope

Wind is a natural pillar of the European Green Deal, but the sector is struggling and Europe is at risk of losing its global leadership on wind energy. When launching the European Green Deal in December President von der Leyen described it as the EU’s new growth strategy. The Industrial Strategy to be launched by […]

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Andhra Govt Releases Rs 2,984 Cr to Clear Power Dues

The Andhra Pradesh government has released Rs 2,984 crore to clear pending dues to solar and wind power generators, central and state generating stations The Andhra Pradesh government on February 26, 2020, released a sum of Rs 2,984 crore to clear long- pending dues to solar and wind power generators, central generating stations, and state generating stations. […]

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Can Privatization Help in Solving Discom Distress?

India’s power sector is currently struggling with multiple issues, among them is pending dues of state Discoms (distribution companies) to renewable energy developers. The issue now even sparked the fears that many solar and wind energy projects likely to turn into non-performing assets (NPAs). Here’re some views and voices from the industry on what could […]

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JPMorgan Commits $200 Bn to Facilitate UN SDGs and Green Initiatives

JPMorgan Chase is taking additional steps to address climate change and further promote sustainable development through a USD 200 billion commitment In 2017, JPMorgan Chase made two sustainability commitments: to facilitate USD 200 billion in clean financing by 2025 and source renewable energy for 100 percent of its global power needs by 2020. And that […]

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The Perfect Storm 2020

Problems demanding solutions are piling up. How will India’s solar sector save 2020? Budget 2020, which carried the hopes of many leaders in the solar sector, has finally come and gone. Even as industry welcomed it with the usual platitudes of ‘good intent’, ‘long term planning’ and praise for the ‘higher allocation’ for renewable energy, […]

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Energy Storage to Accelerate Global Energy Transition: WoodMac

The global energy storage market is set to grow from 4 GW of annual deployments in 2019 to more than 15 GW in 2024, according to a new analysis The global energy storage market is set to grow from approximately 4 GW of annual deployments in 2019 to more than 15 GW in 2024, according […]

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