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2024: China Installs 8 GW Solar Projects In Belt & Road Countries

Chinese companies installed 24 Gigawatts (GW) capacity in Belt and Road (B&R) countries in 2024, according to a new report from Wood Mackenzie. This record number doubles the capacity installed in 2023 and is a new high for investment since the initiative was launched in 2013. Notably, renewable energy sources, particularly solar and hydropower, led […]

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Global Solar Installations In 2025 To Stagnate At 493 GWdc: Report

The global solar market continued its growth trend in 2024 to reach 495 GWdc installed capacity, with a 14% increase compared to 2023. A latest Wood Mackenzie report estimates a rise in power demand across regions due to the proliferation of data centers and growing electrification trends. However, the research report also cautions against several […]

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Gridlock Ahead? Transformer Shortage and the Renewable Energy Challenge

Transformers play a vital role in energy distribution systems by converting high-voltage electricity from transmission lines into low-voltage electricity for consumer use. Thus any supply disruptions in the supply of this essential component, coupled with resultant rising prices in the global transformer market, can significantly affecting utilities. Over the past three years, this situation has […]

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Borosil Renewables Announces Expanding Capacity By 50%

Indian solar glass manufacturer Borosil Renewables Limited today announced an expansion of 50% of its present capacity in the manufacturing of solar glass, a critical component in the manufacturing of Photo Voltaic solar panels. “The expansion plans, which had been put on hold, are now back on track, after receiving approval from the Company’s Board […]

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JinkoSolar Re-Elects Top Leadership, Proposes New Changes

Global solar module manufacturer JinkoSolar today announced that all shareholders resolutions proposed at the Company’s 2024 annual general meeting were duly passed. Specifically, the Company’s shareholders passed the following resolutions approving: The re-election of Xianhua Li as a director of the Company; The re-election of Steven Markscheid as a director of the Company; The ratification […]

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Hero Future Energies Commissions Solar Project In Karnataka

Hero Future Energies, the renewable energy arm of the Hero Group announced the successful commissioning of its 29 MWp solar project in Chitradurga, Karnataka. This open-access site is meant to cater to the power needs of the southern state’s commercial and industrial (C&I) sector. The company said that the solar project is expected to generate […]

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The 10 Big Milestones That Will Define India’s RE Sector In 2025

The Indian renewable energy market witnessed several historic events in 2024. These include policy changes, diversified and copious tenders, a record pace of green project installations, bulging order books across manufacturers, EPCs and more. While the overarching focus of the year was to be self-reliant in manufacturing, with real progress finally visible, China still cast […]

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Electricity Costs: India’s Lowest and Most Expensive States, The Global Picture

A lot of factors influence the per unit electricity costs in a country. The prices are heavily influenced by factors that include the country’s geographical location, geological makeup, level of development and technological advancement, and whether it is a high-, middle-, or low-income nation.  The rise of renewable power through the recent decades has also […]

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After A Lull, Borosil Renewables Plans Expanding Production

After a lull, Indian solar glass company Borosil Renewables has planned to take steps towards increasing its production. This comes after two key steps taken by the Indian government. One is the imposition of Basic Customs Duty (BCD) on solar glass import and another one is the imposition of anti-dumping duties against imports of solar […]

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