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Acciona Posts 13.7% EBITDA for Energy Business Despite 9.5% Drop in Turnover

Spanish conglomerate group Acciona has reported its financial figures for the financial year 2019, recording a net profit of EUR 352 million in 2019 (+7.2%) Spanish conglomerate group dedicated to the development and management of infrastructure and renewable energy – Acciona has reported its financial figures for the financial year 2019, recording a net profit […]

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US Solar Industry Employed 250,000 Workers in 2019

The US solar industry employed nearly 250,000 workers in 2019, an increase of 5,600 jobs since 2018, according to the 10th annual National Solar Jobs Census The US solar industry employed nearly 250,000 workers in 2019, an increase of more than 5,600 jobs (or 2.3 percent) since 2018, according to the 10th annual National Solar Jobs Census released […]

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Hindustan Petroleum Sets up 1st EV Charging Station in Vadodara

Hindustan Petroleum has set up its very first EV charging station in Gujarat at the Karelibag locality in Vadodara. Hindustan Petroleum Corporation Limited (HPCL) has announced that it has set up its very first electric vehicle (EV) charging station in Gujarat at the Karelibag locality in Vadodara. After inaugurating the facility on Thursday, HPCL Director (Marketing) […]

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Digitalization of the Solar Photovoltaic Energy Industry and Why Energy Analytics is Important

Just like every other industry, the solar photovoltaic energy sector stands to benefit from digitalization significantly. More so, when sustainability concerns are compelling business to turn towards renewable sources and keep pace with the growing energy demands of the world. Emerging technologies such as the Internet of Things, Cloud Computing, and Data Analytics are enabling […]

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2020s to be the Decade of Emerging Solar Power Markets: WoodMac

The 2020s are set to deliver more of the same for solar PV, as costs continue to fall, and the global market gets more diverse with emerging markets coming of age The next decade is set to deliver more of the same for solar PV, according to Wood Mackenzie. Costs will continue to fall, though […]

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Energy Storage Market Predicted to hit $500 Billion by 2035: Lux Research

The total energy storage market is expected to grow to USD 546 billion in annual revenue by 2035, according to a new report released by Lux Research. The total energy storage market is expected to grow to USD 546 billion in annual revenue by 2035, according to a new report released by Lux Research. The […]

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LG Chem to be Exclusive Supplier of EV Batteries for US-Based Lucid Motors

LG Chem has signed an agreement with EV maker Lucid Motors to exclusively supply next-generation cylindrical batteries for EVs until 2023. LG Chem has signed an agreement with electric vehicle (EV) maker Lucid Motors to exclusively supply next-generation cylindrical batteries for EVs from the second half of this year until 2023. The South Korean EV battery […]

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Coronavirus Outbreak a Cause of Concern for Domestic Solar Energy Industry: ICRA

ICRA has said that the outbreak of coronavirus in China poses a concern for domestic solar developers and OEMs due to disruption in the supply chain Rating agency ICRA has said that the outbreak of (COVID-19) coronavirus in China poses a concern for domestic solar developers and original equipment manufacturers (OEMs) due to disruption in the supply […]

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Energy Efficiency and RE Drove Decade of US Energy Transition: BNEF

The US overhauled how it produces, delivers, and consumes energy over a momentous decade of change, according to a new report. The US overhauled how it produces, delivers, and consumes energy over a momentous decade of change, according to a new report from BloombergNEF (BNEF) and the Business Council for Sustainable Energy (BCSE). In the […]

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