GlobalData

Solar PV Corporate Funding Expected to Take a hit

Lack of venture capital investment and reduced public market financing activity due to the COVID-19 pandemic will see the solar PV funding take a hit Lack of venture capital investment and reduced public market financing activity due to the COVID-19 pandemic is squeezing cash flows. Between January and March this year, total corporate funding in […]

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Brazil Faces Indefinite RE Auctions Delay of Over 51GW Due to Coronavirus

Amid the outbreak of Covid-19, the Brazilian government has postponed the national energy generation and transmission auctions of clean energy comprising more than 51 GW which were scheduled for May this year, for an indefinite time frame, said the report. This includes auctions both A-4 and A-6, as well as tenders for the transmission lines, […]

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India’s Solar Energy Plans Bogged Down With Supply Chain Issues

Amid lockdown across the country, which is likely to be extended due to ongoing coronavirus pandemic, the damage to India’s solar ambitions is given, the only question is how much. In India, around 2.3 GW of solar plants were expected to be commissioned from June to August 2020. However, the delivery of these projects has […]

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Middle East Renewables Braced for Turbulent Outlook: GlobalData

Recent reports have estimated that global solar demand will slow down for the first time in three decades, with the coronavirus (COVID-19) crisis potentially triggering a drop of between 6 percent and 10 percent in demand in 2020. The downgrade is largely due to strict limitations on movement and commercial activity in China, where the […]

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EV Makers, Utilities Joining Hands for Charging Infra in India

In order to fuel the growth of electric vehicle (EV) market in the country, EV manufacturers are now adopting a strategy of collaborating with utility companies to offer charging solutions to their customers, said the data and analytics company. In line with this approach, Jaguar Land Rover (JLR), an arm of Indian automotive giant Tata […]

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US Power Industry Sees a Drop of 4.1% in Deal Activity in December 2019

The US power industry saw a drop of 4.1 percent in overall deal activity during December 2019, when compared with the last 12-month average The US power industry saw a drop of 4.1 percent in overall deal activity during December 2019, when compared with the last 12-month average, according to GlobalData’s deals database. A total […]

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JinkoSolar Retains top Spot in Global Solar PV Module Shipments for 2019: GlobalData

JinkoSolar has emerged as the leading company in terms of global solar photovoltaic (PV) module shipments in 2019, GlobalData has revealed Chinese solar module manufacturer JinkoSolar has emerged as the leading company in terms of global solar photovoltaic (PV) module shipments in 2019, securing the top position in GlobalData’s 2018 ranking produced last year. The […]

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Indonesia to Replace Fossil Fuel Plants with Renewable Plants

With an aim to achieve its target of 23 percent renewable energy share in the energy mix by 2025, Indonesia is planning to replace its old fossil fuel plants with renewable energy, as per the data and analytics company report. The country, which is mainly dominated by thermal power generation, has renewable energy potential of […]

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Wind Energy Crucial for Europe’s ‘Carbon Neutral by 2050’ Target

The EU recently announced measures towards being carbon neutral by 2050, and Wind is expected to play a crucial role in achieving that target The European Union (EU), whose 28 members collectively account for the world’s third-largest emitter of greenhouse gases after China and the US, further strengthened its long-term commitment by announcing the Sustainable […]

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