Research

India To Install 21GW Of Onshore Wind Capacity Next 5 Years: GWEC

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Global Wind Energy Council (GWEC) recently released a detailed report on the status of onshore wind energy globally. GWEC’s Global Wind Workforce Outlook report sheds light on India’s status in onshore global wind energy. It said that India stands fourth in the world market in this technology.  The report says that with more than 44 GW […]

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10% PV Installations Will Incorporate Storage Within a Decade: DNV Report

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DNV, an expert in assurance and risk management, has recently released its ‘Energy Transition Outlook, 2023’ report, focusing on the progress of solar photovoltaic (PV) technology. The report gives an overall trends stating that, in 2004 the annual solar installations were a modest 1 GW. However, by 2019, this figure skyrocketed to 100 GW despite […]

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143 Countries Are Net Importers of Fuels Globally: Report

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The United Nations Trade and Development (UNCTAD) in a conference recently unveiled a report on commodities and shared an update on its role in the development of emerging nations. This report sought to evaluate factors that bolster the adoption of eco-friendly industrial policies in developing countries reliant on commodities. It further expounds on UNCTAD’s mission, […]

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Solar Energy-generated Electricity Costs only 3−6 Cents Per kWh: CDRI Report

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UNDP (United Nations Development Program) has released a report published by Coalition for Disaster Risk Infrastructure (CDRI), on ‘Capturing the Resilience Dividend’.  Capital Cost in Solar The report suggests that the cost of capital offers a critical benchmark to assess the risks and return preferences of investors and the pricing of money in different geographies. […]

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India Among Top 5 Global Destinations In RE Investments: IEA Report  

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A latest report by the International Energy Agency (IEA) claimed that India was among the top five countries globally to receive the highest investments in the renewable energy sector since 2019. The report titled ‘World Energy Investment 2023’ explores investment in the global power markets.  The global report also termed the Indian solar market ‘dynamic.’ However, […]

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Corporate PPA Contracts Added 148 GW of RE From 2015 to 2022: WBSCD

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As per a recent report shared by World Business Council for Sustainable Development (WBSCD), 23% of the firms that aimed for 100% renewable energy have achieved their goal of 100% renewable energy. Furthermore, by 2021, companies committing to procure 100% renewable power through RE100 were procuring 49% from renewable sources, equating to 184 TWh of […]

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Highest Cost of Financing for RE in Mexico, Egypt & Tunisia, Lowest in Germany: IRENA

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IRENA (International Renewable Energy Agency) has released a report entitled ‘The Cost of Financing for Renewable Power’.  The Cost of Capital (CoC) is a major determinant of the total price to purchasers of electricity from renewable power generation technologies. As per the report, incorrect assumptions for CoC are not accurate, the cost of electricity might […]

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Electric Vehicles – Setting a Course for 2030: Deloitte Report

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A study titled “Electric vehicles: Setting a course for 2030” has been released by Deloitte. For the first time in 2019, sales of battery electric and plug-in hybrid electric vehicles surpassed the two million mark. We adopt a novel method of market segmentation and provide examples of how to take advantage of opportunities and manage […]

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Solar Trackers Surge; Poised To Reach 37,196.86 MW Globally by 2031

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As per a recent report by a US based market research firm, Transparency Market Research (TMR), the global solar trackers market is likely to reach an installed capacity worth 37,196.86 MW in another nine years. In 2020, the annual installed capacity of solar trackers stood at 6998.8 MW. By 2031, the annual installed capacity will peak […]

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