Solar Energy Market Research News

Chile Predicted to Have 50 Percent RE in its Energy Mix by 2030

Renewable energy is expected to comprise 50 percent in the Chile power mix by 2030, according to a new report by GlobalData Renewable energy, the only way forward to the global climate change mitigation and environmental requirements, is expected to comprise 50 percent in the Chile power mix by 2030, according to a new report. […]

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India Leads Asia Pacific With Lowest Renewable Cost: Report

India has emerged as the market leader with the lowest renewable energy cost in the Asia Pacific region. According to data furnished in a new report, India has emerged as the market leader with the lowest renewable energy cost in the Asia Pacific region. The report “Battle for the future: Asia Pacific renewable power competitiveness […]

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Global Solar PV Installations to Reach Record 114.5 GW in 2019

A new report has predicted that the global solar PV installations in 2019 will reach a record high of 114.5 GW, up nearly 17.5 percent on 2018. As noted in the Wood Mackenzie ‘Global solar PV market outlook update: Q2 2019′, the market is now back on a strong growth trajectory after a slowdown in 2018. […]

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Investments in RE Doubled Over Last 5 Years, Surpass Coal in 2018: Report

According to a new report, investments in India’s renewable market doubled over the last five years. And at $20 billion in 2018, it surpassed coal. According to a new report, investments in India’s renewable energy market have doubled over the last five years. And at $20 billion in 2018, it surpassed the capital expenditure in […]

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Distributed Renewables Could Create 400,000 Jobs in India

A jobs census has estimated that by 2023, distributed renewables will create 400,000 jobs in India, including 190,000 formal jobs, and 210,000 informal jobs The first annual jobs census measuring employment from decentralised renewables for rural electrification in Africa and Asia has estimated that by 2023 the sector will create 400,000 jobs in India – including 190,000 direct, […]

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Switching up Renewables and With it Energy Poverty: Study

According to a new study, switching to renewable energy sources can help reduce carbon emissions but at the expense of increased energy poverty. According to a new study conducted by a team of researchers at the Portland State University (PSU), switching to renewable energy sources from fossil fuels can help reduce carbon emissions but at the expense of increased […]

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Green Energy Investments Drop in First Half of 2019: Report

According to a new report, the global investments in green energy projects in the first half of 2019 were $117.6 billion, a drop of 14 percent from the 2018 figure. The first half of 2019 saw a 39 percent drop in green energy investments in the world’s biggest market, China, to $28.8 billion, the lowest […]

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Innovation, Policy Revisions and Digitization are Escalating the Energy Transition

Renewable energy technology advances, innovation and digitization are escalating the pace of the global energy transition, according to the latest EY research Renewable energy technology advances, innovation in storage and digitization and increased distributed energy generation are escalating the pace of the global energy transition, according to the latest EY research in collaboration with IDC. […]

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Global Offshore Wind Sector has Potential to Grow to 200 GW by 2030

A new report has predicted that the global offshore wind sector could expand to over 200 GW by 2030 if it lives up to its potential. A new report ‘Global Offshore Wind Report’, by the Global Wind Energy Council (GWEC) has predicted that the global offshore wind sector could expand to over 200 GW by 2030 […]

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