Research

EU Witnessed Signing 7.1GW Of PPAs Till September 2023: EY Report

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A report by Ernst & Young (EY) provided an update on the Renewable Energy Countries Attractiveness Index (RECAI), focusing specifically on offshore wind energy. According to the report, India maintained its 16th position, consistent with the previous year. India’s technological standing in Concentrated Solar Power (CSP) is noted at 34.3, while solar Photovoltaic (PV) is […]

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Need To Extend Subsidies For Below 1kW Rooftop Solar Segment: CEEW

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A recent report by the Council on Energy Environment and Water (CEEW) identifies a significant growth potential in rooftop solar (RTS) subsidies, particularly in the 0–3 kW categories. This potential is attributed to the implementation of direct capital subsidies, with untapped opportunities in the 0–1 kW category. Drawing from comprehensive household data in the India […]

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Five Clean Energy Sectors Employ Around 9 million Workers: IEA Report

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A latest report from the International Energy Agency (IEA) titled World Energy Employment (WEE) 2023 mentions five sectors that employ around 9 million workers today. Among these sectors, solar PV is reported to be the largest, creating around 4 million jobs. On the other hand, manufacturing of EVs and their batteries has reportedly been the […]

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EU, US Frontrunners In Offshore Wind Patents: IRENA Report

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A latest joint report from the International Renewable Energy Agency (IRENA) and the European Patent Office (EPO) claimed that patents over offshore wind technologies are on the rise globally. The report titled; Offshore Wind Energy Patent Insights Report showed that between 2002-2022 patent filings for offshore wind technologies grew on average by 18%. This growth […]

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EU Solar Market Faces Challenges From China and US: ESIA Report

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The European Union’s (EU) industry association body, the European Solar PV Industry Alliance (ESIA), released a report that evaluates factors that can contribute to the de-risking and scaling up of Europe’s solar PV manufacturing.  The alliance evaluates the factors affecting European industries, aiming to achieve the goal of 30 GW of domestic manufacturing capacity by 2025 and the EU’s […]

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India Will Need 60 GW Of Storage By 2030, Says Research Report

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Global Energy Alliance for People and Planet (GEAPP) and RMI released a report on battery storage systems, defining the role of discoms in accelerating battery energy storage in India. The report titled ‘Powering Progress: Batteries for Discoms, A Market Action Report evaluated the accelerating battery energy storage ecosystem in India. It attempted to provide an […]

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Global Solar Investments Increased By 2% In Last 8 Years: Report

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A latest report by the International Solar Alliance (ISA) stated that global investment in solar increased by an average of around 2 percent over the last eight years. It added that, on the contrary, fossil fuels are still receiving a major share at nearly a trillion dollars annually.  The report put the investment in the global energy sector […]

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US, EU and Japan Lead in Carbon Capture and Storage Usage: Report

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The European Union (EU) released a report sharing an ongoing trend in the usage of CCUS (Carbon Capture Utilization and Storage). The report gives an assessment of 2022 global industry. The report states that the CCUS industry witnessed an increase in storage capacity by 44% over the year. However, the report anticipates that the cost […]

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RE In Infrastructure Will Rise From 22% in 2020 to 29% in 2030: IRENA

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COP28, IRENA (International Renewable Energy Agency) and Global Renewables Alliance outlined a roadmap at Pre-COP. They estimate that countries are likely to fast-track energy transition by tripling renewable power and doubling energy efficiency by 2030. At the COP28 Presidency, International Renewable Energy Agency (IRENA) and Global Renewables Alliance published a joint report outlining key enablers […]

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