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US Faced $5,720/MWdc/Year Potential Revenue Solar Asset Loss

In 2024, solar assets in the United States faced an average potential revenue loss of $5,720 per MWdc per year, Raptor Maps’ Power Loss dataset revealed. It attributed this to equipment-related underperformance. It said that this marked a 15% increase from 2023 and a 214% surge over the past five years. Raptor Maps’ Power Loss […]

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Module Demand To Rise Significantly In FY26, FY27: SBI Caps

A latest report from SBI CAPS claimed that the annual module demand is likely to touch 100 GW soon. The report said the higher demand is likely to be triggered with the faster pace of adoption of solar power. The report also said that the faster pace of PM Surya Ghar scheme installations could also […]

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Global Battery Deployment Surges 15%, BESS Gains 55%

2024 marked a year of continued growth and adaptation in the global battery industry. Global electric vehicle (EV) sales climbed 25% to 17.7 million units, with Battery Electric Vehicle (BEV) demand up 14%, while Plug-in hybrid electric vehicles  (PHEV) demand surged 50%. For the first time, battery electric vehicles (BEVs) in China have reached price […]

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ES Foundry to Supply 300MW of US-Made Solar Cells to Bila Solar

ES Foundry, an American company advancing U.S. solar by onshoring crystalline solar cell production, today announced a multi-year agreement to supply 300 megawatts (MWs) of high-performance, U.S.-made solar cells to Bila Solar, a domestic solar module manufacturer. The solar cells will be made in Greenwood, South Carolina. This strategic partnership between ES Foundry and Bila […]

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Emerging Nations To Account For 85% Electricity Demand By 2027-IEA

Global electricity demand rose by 4.3% in 2024 and is forecast to continue growing at close to 4% through 2027. Over the next three years, global electricity consumption is expected to rise by 3,500 TWh, according to a recent report by the International Energy Agency (IEA). Moreover, the study found most additional electricity demand through […]

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India’s Solar Exports Drop from $1,969 Mn To $782.11 Mn

Solar PV module exports from India have evolved over the last few years. In FY 2021-22, the value of exports of solar PV modules was around 83 million USD, which rose to around 1,969 million USD in FY 2023-24. As of FY 2024-25 (till November 2024), solar PV modules worth around 782.11 million USD have […]

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Sr. Lead Structural Engineer – OGC

As a Senior Lead Structural Engineer, you’ll ensure that structural systems meet all safety, performance, and compliance requirements while delivering high-quality results within budget and timelines. You will often serve as a technical authority, mentor team members, and coordinate with multidisciplinary teams, clients, and stakeholders to deliver innovative solutions for complex engineering challenges working within […]

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After Tax Credit Aid, US Solar Module Production Rises By 600%

Solar module manufacturing capacity in the United States (US) rose by around 600% after the federal government’s tax credit support to the industry, a report said. The latest update from the Solar Energy Industries Association (SEIA) said that the tax credit support bolstered the growth of the solar industry in the region significantly. These tax […]

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US New Orders Can Drop EV Adoption To 23%: Wood Mackenzie

United States (US) recent executive orders could have profound implications on electric vehicles (EV), slowing down the pace of adoption, according to a recent report from Wood Mackenzie. According to its report, “Trump’s executive orders unsettle electric vehicle and battery markets” policy changes have impacted the EV, battery, and raw material markets in the US […]

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