Research

Flexible Energy Solution Key Towards Decarbonization: EEA

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The European Environment Agency (EEA) recently published a report titled ‘Flexibility Solutions for Decarbonization: Securing the EU Electricity System.’ This report highlights a significant surge in renewable energy capacity, specifically in solar and wind energy, which is expected to increase from 24% to 60% of the total renewable energy capacity. The report indicates that this development will […]

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India and US Are Major Drivers Of Utility-Scale Solar Power: ISA

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The International Solar Alliance (ISA) recently released a report titled ‘World Solar Market Report’. It talks about the overall global scenario in the solar energy sector. The report placed India as one of the new undisputed leaders in global solar energy deployment. The report mentions that the global solar PV deployment had been  primarily driven […]

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Regional Cooperation Key To Increase In Investment In West Asia: IRENA

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The latest report by the International Renewable Energy Agency (IRENA) on ‘Scaling up Renewable Energy Investment in West Africa’ states that the Nigeria contributed to three-quarters of the energy supply in West Africa. It also houses nearly half of its people, allowing this country to dominate the region demographically and economically. For supporting renewable energy investments […]

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At Least 3000 GW of Renewable Power Projects in Grid Connection Queues: IEA

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The International Energy Agency (IEA) has released a report on, ‘Electricity Grids and Secure Energy Transitions Enhancing to Support the Foundations for Building Resilient, Sustainable and Affordable Power Systems’. The report emphasises that the grid’s risk is becoming a weak link of clean energy transitions.  The report suggests that a link between delays in grid […]

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RMI Predicts Increase In EV Car Sales By 10% In Six Years

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The RMI report suggests a significant shift away from the internal combustion engine (ICE) era is well underway. This transformation is closely associated with the rapid growth of Electric Vehicles (EVs), with a forecast indicating a declining global demand for oil in the automotive sector by 2030. In its report titled “X Car Charge: The […]

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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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