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Ultra-Thin Solar Cells Market to see 56.9% CAGR in Coming Years

The global ultra-thin solar cells market, which generated USD 30 million in 2019, is expected to advance at a 56.9 percent CAGR between 2020 and 2030 The requirement for energy, which doesn’t release harmful gases, including carbon dioxide and carbon monoxide, during generation, is rising. Though numerous sources are utilised to produce renewable electricity, solar power […]

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Mineral Production to Rise as Demand for Green Energy Increases: World Bank

A new report shows that production of certain minerals could increase by nearly 500% by 2050 to meet the growing demand for green energy technologies. A new World Bank Group report shows that production of minerals like graphite, lithium and cobalt could increase by nearly 500 percent by 2050 to meet the growing demand for green energy technologies. […]

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Drones Market Revenue in Power Sector to Touch $515 Mn by 2030

With the surge in adoption of technologically advance activities in the power sector such as digital transformation, remote monitoring and operational cost optimization, the market for drones in the power and utility sector will continue to expand at a compound annual growth rate (CAGR) of 23.6 percent and will reach USD 515 million by 2030, […]

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Lithium Ion To Stay Numero Uno Option for Storage, Say Researchers

A recent three day meeting between researchers from Germany and Israel has concluded  that lithium-ion batteries will continue to rule in the storage space in the near future. Redox flow storage, which has made strides recently, did find a mention for its potential, especially in stationary applications. However, price for Redox flow storage remains a […]

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Cracks in PVDF Backsheet Jumps Four-Fold between 4-9 yrs of Installation: DuPont Report

The overall outer layer cracking rate of polyvinylidene fluoride (PVDF) backsheets increased by more than three times as compared to 2019, as revealed by DuPont in its latest 2020 Global Photovoltaic (PV) Reliability Report. The 2020 field report was compiled from inspection and analysis of nearly 3 GW of PV installations across the globe, spanning […]

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Span Raises $10.2 Mn in Series A Round from Investors

With an aim to boost its expansion plan, California-based Span.IO, Inc. has announced the raising of USD 10.2 million in Series A round of funding from investors. Further, this Series A round was led by ArcTern Ventures and joined by Capricorn Investment Group, Incite Ventures, along with existing investors including Congruent Ventures, Energy Foundry, Hardware […]

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India needs 30-fold Jump in Renewable and Nuclear Energy: Dr. Anil Kakodkar

In order to make 70 percent carbon free energy, India will require a 30-fold surge in both renewable energy and nuclear energy along with doubling of thermal energy, said Dr. Anil Kakodkar. Dr. Kakodkar, a Padma Vibhushan awardee and a former Chairman of Atomic Energy Commission and Chairman of Rajiv Gandhi Science & Technology Commission, […]

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Smart Prepaid Meters Enable Discoms Generate 95% Billing Efficiency amid Lockdown

Despite lockdown imposed across the country due to coronavirus crisis, the use of smart prepaid meters is helping power distribution companies (Discoms) in generating around 95 percent of billing efficiency, along with an average 15-20 percent increase in monthly revenue per consumer. This is significant as most of the Discoms amidst lockdown in the country […]

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CIT Leads $217 Mn Financing for 200 MW Solar Project in Ohio

The CIT group’s Power and Energy unit served as lead arranger on a USD 217 million financing for the 200 MW Hillcrest solar PV project in Brown County, Ohio The CIT group has announced that its Power and Energy unit served as lead arranger on a USD 217 million financing for the 200-megawatt (MW) Hillcrest solar photovoltaic project in Brown County, Ohio. The financing was […]

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