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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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Possible Effects of Coronavirus on Solar Industry

China is the largest producer of solar raw material globally. It supplies 85 percent of the raw material to the solar industry. China virtually controls the entire value chain from silicon to ingot, wafer, cell and module. Any potential strain could have an adverse impact in supplies. Southeast Asian module manufacturers to a large extent […]

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Coronavirus Halts Progress for Aurangabad Firms’ Dependent on Chinese Imports

The coronavirus outbreak has hit Aurangabad, a prominent manufacturing hub, with companies finding difficult to procure substitutes for Chinese parts The coronavirus outbreak has hit industries in Maharashtra’s Aurangabad district, a prominent manufacturing hub, with companies finding it difficult to procure substitutes for Chinese parts. Companies have started sourcing products from other countries to continue their manufacturing without […]

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MHI Vestas Secures 300 MW Offshore Wind Turbine Order in Taiwan

MHI Vestas has been selected as preferred wind turbine supplier for the 300 MW Zhong Neng Offshore Wind Power Project in Taiwan On the heels of its selection as preferred wind turbine supplier for the 300 MW Zhong Neng Offshore Wind Farm in Taiwan, MHI Vestas has reaffirmed its commitment to the nascent sector as […]

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Chinese Wind Installations Could be Halved in 2020: Coronavirus Outbreak

The coronavirus outbreak could lead to production delays in China’s wind turbine installations by up to 50 percent in 2020, according to a new report The coronavirus outbreak could lead to production delays in China’s wind turbine installations by up to 50 percent in 2020, according to research firm Wood Mackenzie. “We estimate production delays across […]

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Vikram Solar Signals Crisis With Big Layoffs

Vikram Solar, a leading domestic manufacturer and EPC player in the solar space, has become one of the biggest players to acknowledge, and share the pain of the slowdown in the renewable energy sector. Reacting to news stories carried in local Bengali newspapers, the company has finally released a statement acknowledging the challenges it is […]

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Backsheets and Beyond- Behind Cybrid Technologies Big Plans

China, the factory for the world is a truism that is particularly evident for the solar sector. Increasingly, we are seeing firms in the sector take the lead in innovations and shaping the future of the sector. It is no wonder that the whole premise of falling solar costs and high efficiencies in the new […]

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Americas Wind Installations Rise 12% in 2019 With 13.4 GW

New data shows the Americas and the Caribbean installed 13.4 GW capacity of onshore wind power in 2019, an increase of 12 percent on the previous year The latest data released by the Global Wind Energy Council (GWEC) shows North, Central and South America and the Caribbean installed 13,427 MW (13.4 GW) capacity of onshore […]

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Could Renewables Displace Conventional Fuels in Asia in 2020s?

In a new report, Wood Mackenzie highlights trends that will shape Asia Pacific’s power and renewables markets this decade, and what it holds over the next In a new report, Wood Mackenzie highlights trends that will shape Asia Pacific’s power and renewables markets this decade. Asia Pacific’s wind and solar installed base produced an estimated […]

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