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Floating Solar Set To Add 6 GW Capacity In Europe By 2031: Report

Solar Power Europe recently launched its report on floating PV, sharing the best practices, technical guidance on floating solar project development. The report mentions that FPV represents a nascent technology in the European Union, but it presents positive signs of rapid growth. It said that ‘FPV solar power systems on reservoirs and quarry lakes are […]

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Solar Faces Challenges in Procurement, Supply Chain Strategy: Rystad

Rystad in its report lays importance on the need for development of procurement strategy for leading supply chain strategy, while prioritizing cost-effectiveness and sustainability. The report finds the supply chains system for oil and gas equipment and services to be relatively fragmented and geographically diverse. It found to be spread with suppliers coming from Europe, […]

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India Allocated Rs 5.2cr To Subsidize 11.53 lakh Electric Vehicles: Govt

Latest data from the Ministry of Heavy Industries claimed that the Union government allocated a total of Rs 5.2 crore as subsidies to incentive 11.53 lakh electric vehicles (EVs) in the country by the end of December 1, 2023. The information was recently shared by the ministry in a media statement. The ministry said that […]

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Inox Wind Bags Repeat Order For 279 MW For Its 3 MW Wind Turbines

Indian wind energy solutions company Inox Wind has bagged an order for 279 MW from a large Commercial and Industrial (C&I) player. The order is for Inox’s latest 3 MW Wind Turbine Generators (WTGs), and the scope comprises a mix of equipment supply with limited scope EPC for 180 MW and end-to-end turnkey execution for […]

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UK-EU New Trade Rule To Support, EV Manufacturers And Consumers

The United Kingdom government (UK) and European Union (EU) have recently announced their agreement to extended trade rules on electric vehicles (EVs). The move is set to help the manufacturers and consumers save up to £4.3 billion in additional costs.  This agreement can provide long term certainty for automotive industry and boost electric vehicle sales […]

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RenewSys Launches POE Encapsulant Tailormade for n-type TOPCon

Indian Solar Module Manufacturer RenewSys claimed to introduce India’s first POE (Polyolefin Elastomer) Encapsulant specifically formulated for N-type TOPCon PV cells. The firm has named it CONSERV E – NT. The renewable company said that the product will help in reducing the degradation of the n-type TOPCon solar cells. “The solar PV market is constantly […]

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Europe Witnesses Surge In Electric Car Adoption By 50%: ACEA

European Automobile Manufacturers’ Association (ACEA) stated that there has been an increase in new battery electric car registrations by 20%. In August 2023, the European Union (EU) car market expanded by 21%, reaching 787,626 registered units, marking the thirteenth consecutive month of growth. Despite august typically being a slower month for car sales, double-digit gains […]

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11.61 Lakh Electric Vehicles Sold Under FAME-II Scheme, Says Govt

The Minister of Heavy Industry (MHI) Minister, Mahendra Nath Pandey recently shared data on the Faster Adoption and Manufacturing of Electric Vehicles in India (FAME-II) Scheme in the parliament. The scheme operated for a period of five years commencing from 1st April 2019 with a total budgetary support of Rs. 10,000 crores. The minister said […]

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India Awards More Than 8GW Of Energy Storage Tenders: IEEFA Report

Indian policymakers have recognised the importance of energy storage systems (ESS) to the country’s evolving power landscape and have already awarded more than 8 gigawatts (GW) of such tenders, allocating 60% of these in 2023 alone, according to a new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research […]

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