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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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Power Demand Dropped 24% in April Due to Lockdown: CRISIL

With almost no economic activity taking place in the first 20 days of April due to lockdown, power demand declined sharply by 24 percent in the month With almost no economic activity taking place in the first 20 days of April due to lockdown, and very little operations after that, power demand declined sharply by […]

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India Must Intensify Policy Reforms to hit 60 GW Wind Target by 2022: Report

Wind energy capacity in India can only realistically reach 50 GW by 2022, and the sector needs to intensify policy reforms to hit its 60 GW by 2022 target. According to a new report, wind energy capacity in India can only realistically reach 50 GW by 2022. And, efforts by the government to lower barriers […]

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IRENA Pitches For a Green Recovery Path from Covid-19

The International Renewable Energy Agency (IRENA), under its Coalition for Action initiative, has made a pitch for ensuring that steps taken to recover from the Covid-19 pandemic worldwide are green. The 100 Member coalition of renewable energy players has given a concrete action plan that seeks to ensure a rapid and sustained economic recovery that […]

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Sembcorp, PUB Ink 25-Yr PPA to Build Largest Floating Solar Plant in S’pore

With an aim to support Singapore’s 2 GWp target of installed solar capacity by 2030, Sembcorp Industries has entered into a 25-year power purchase agreement (PPA) with PUB, Singapore’s National Water Agency, to develop the country’s largest floating solar plant. As per the deal, Sembcorp through its arm Sembcorp Floating Solar Singapore will develop a 60 […]

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Big Bang? 90K Crores Credit Line For Discoms in Stimulus Package

After the Prime Minister announced his Rs 20 trillion stimulus package yesterday, in the morning today, we had written about how lack of any strong, concrete measures to solve the discom mess in India would be a very disappointing outcome for the power sector. The good news is, the sector has been saved disappointment in […]

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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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For India’s Power Sector, A Simple Test To Evaluate The $266 billion Stimulus

Yesterday, Prime Minister Narendra Modi delivered yet another surprise, this time pleasant, in his 8 p.m address to the nation. The workaholic PM, whose evening addresses to the nation have achieved somewhat of a legendary status ever since the first big one delivered demonetisation in 2016, delivered one of his most enigmatic speeches, staying away […]

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