market research

US BESS Market Grows Amid Federal Policy Changes: Report

The United States (US) battery energy storage (BESS) market is booming across the country this year, with a growth streak in 2024. The rapid clip of expansion is partially due to falling battery manufacturing costs, with Rystad Energy predicting this trend to continue over the next five to seven years amid ongoing design improvements. While […]

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TANFAC Operationalizes 5,000 TPA Solar-Grade Acid Plant

Chennai-based TANFAC, a chemical company, has successfully commissioned its 5,000 tonnes per annum (TPA) Solar Grade Dilute Hydrofluoric Acid (DHF) plant. This chemical is used in the manufacturing process of wafers and solar cells.  The commissioning follows the approval of the trial production quality by one of India’s major solar energy producers, confirming that the […]

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2024: Adani, Jinko Among 10 Firms That Shipped 500 GW Solar Modules

The world’s top 10 solar photovoltaic (PV) module manufacturers shipped a record 500 gigawatts (GW) of modules in 2024, nearly doubling the previous year’s volume, according to Wood Mackenzie’s new Global Solar Module Manufacturer Rankings 2025 report. Despite this surge in shipments, the leading players collectively reported losses of US$4 billion as revenues declined significantly […]

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IIT Madras, GRID-INDIA Aid Tanzania Grids Capacity Development

Indian Institute of Technology Madras (IIT Madras) is collaborating with GRID-INDIA, a Central Public Sector Enterprise, to offer certification programs, conduct joint research, and deliver technical consultation projects to strengthen Tanzania’s energy infrastructure. With a presence in Africa through IITM Zanzibar, the institute aims to build global partnerships for sustainable energy. Expanding horizons. This partnership […]

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2025: Global EV Battery Use Hits 308.5 GWh, CATL & BYD Lead

Global EV Battery Usage Posted 308.5GWh, a 40.2% YoY Growth From Jan to April 2025.  During this period the energy held by batteries for electric vehicles (EV, PHEV, HEV) registered a worldwide increase of approximately 308.5GWh witnessing a 40.2% Year-Over-Year (YoY) growth. The report noted a decline in the combined market shares of LG Energy […]

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US Tariffs To Lift Cleantech Costs Up to 11%, Except Utility-Scale ESS: WoodMac

The United States (US) has recently seen a rise in tariff policies which are set to increase the cost of power generation technologies, with energy storage system (ESS) witnessing the most hike due to its dependence on Chinese imports, according to Wood Mackenzie’s recent report.  As tariffs create uncertainty in the US power market, development activity […]

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Global Renewable Capacity Set to Triple by 2035: GlobalData

The global renewable power landscape is poised for a dramatic transformation, with installed capacity expected to surge from 3.42 terawatts (TW) in 2024 to 11.2 TW by 2035, according to data and analytics firm GlobalData. In its latest report, “Renewable Energy: Strategic Intelligence,” GlobalData highlights that the global renewable energy market has recorded a compound […]

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India To Create 73 Lakh Green Jobs By FY28, 3.5 Crore By 2047

India’s green sector is expected to add close to 7.29 million green jobs by FY28 and about 35 million new jobs by 2047, says a report from NLB Services. With a green economy on a trajectory towards $1 trillion by 2030 and $15 trillion by 2070, scaling green transformation is becoming a key priority for […]

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EV Push Powers E-3W Growth, E-2W Adoption Stagnates at 4%: IEEFA

India’s electric mobility journey revealed a nuanced landscape where policy effectiveness varies across vehicle segments and market maturity stages, according to an IEEFA report. Its report, “From Incentives to Adoption: A Decadal Review of India’s EV Subsidy Effectiveness” found the electric three-wheeler (E3WC) segment growth demonstrates how well-designed state policies can effectively complement central initiatives, […]

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