Global energy transition is on a fast track and India is not far behind. India’s absolute commitment towards carbon neutral economy is well appreciated. Prime Minister Narendra Modi is one of the biggest supporters of expanding green and sustainable sources of energy, thereby mitigating risks of damaging the environment. With reference to energy transition, countries […]
Research, Reports & Ratings
The future of solar energy is utility-scale and not fragmented microgrids
HØVIK, Norway: Powerful economies of scale are pushing down the cost of solar photovoltaic power (PV) to such an extent that utility-scale projects will be 3 times more cost efficient than smaller microgrids by 2020. By the middle of the century, utility scale PV will contribute between 40% and 60% of total installed power, with […]
Offshore wind energy installations could reach 5 Gigawatt annually in Asia
For the first time, China installed more offshore capacity than any other market (1.8 Gw), followed by UK (1.3 Gw) and Germany (0.9 Gw) in 2018 New Delhi: Annual installations of offshore wind energy could reach 5,000 Gigawatt (Gw) or more annually in Asia if the governments remain committed and projects and investments continue as […]
JinkoSolar Leads Market Transition from Poly to Mono PERC Technology in India
JinkoSolar sales performed positively in India in Q4, delivering close to 160MW panels. As such, it achieved its best quarterly result ever in India, particularly achieving 24% marketing share in mono segment. Not to mention Jinkosolar leads the mono PERC segment in India with about 45% market share, exclusively offering bigger size cell of mono […]
Bloomberg-Backed Cities Initiative Aims to Deploy 2.8GW of Renewables by 2021
The American Cities Climate Challenge Renewable Accelerator was created to help cities decarbonize their electricity systems. The Rocky Mountain Institute, World Resources Institute and the city of Minneapolis on Tuesday announced the formation of a new group designed to help municipalities procure more renewables in the next two years. The program is based on RMI’s […]
Navigant Research Report Shows More Than 69 GW of New Offshore Wind Capacity is Expected to Be Installed between 2018 and 2027
Offshore wind will play an increasing role in the broader global energy transition to a more diverse and flexible energy economy BOULDER, Colo.: A new report from Navigant Research offers a country-level analysis of all offshore wind markets, with a data focus on key market activity, installation rates, and capacity under construction or in planning. […]
HOW CHEAP MONEY CAN HELP SAVE THE PLANET
New report pinpoints how concessional finance can make wind, solar, and batteries cost-competitive faster in developing countries, accelerating the shift from fossil-fuelled power Washington, New York and São Paulo: Cut-rate financing has the potential to substantially speed the transition from fossil-fuelled power generation to renewable energy in developing countries, according to a new report produced […]
Slowdown in India, Germany led drop in onshore wind energy capacity in 2018
Companies commissioned over 45 GW of onshore wind turbines globally in 2018 compared with 47 GW a year earlier New Delhi: The global commissioning of onshore wind turbines declined 3 per cent in 2018, partly due to a slowdown in India and Germany, even as the growth is expected to bounce back in 2019, with […]
VESTAS LEADS BREAK-AWAY GROUP OF BIG FOUR TURBINE MAKERS
Global commissioning of onshore wind turbines declined 3% in 2018, partly due to a slowdown in India and Germany. Growth is expected to bounce back in 2019, with a 32% jump to 60GW London, New York and Tokyo: Developers commissioned a little over 45GW of onshore wind turbines globally in 2018 compared with 47GW a year […]
Every $10 per barrel rise in crude oil price increases India’s inflation by this much
If the government decides to limit the pass-through of the rise in crude oil prices to the domestic consumers and industry, it can prevent the inflation from rising in the short run, but at the cost of a widening fiscal slippage. Prime Minister Narendra Modi’s call to producers for responsible pricing of crude oil this […]