market research

Targeted Public Spending, Policy Action will Bring Immediate Jobs, Boost GDP: Report

Governments can align immediate economic stimulus needs with medium to long-term decarbonisation and sustainable development objectives by targeting policy measures and public spending towards the energy transformation said the International Renewable Energy Agency (IRENA) in its newly published report. The intergovernmental agency, IRENA, in its report “Post-COVID recovery: An agenda for resilience, development and equality” outlines […]

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CERC’s Order Lowering REC Forbearance, Floor Price Removal Positive for Obligated Entities

With the significant reduction in wind and solar power tariffs during the last three years, the power sector regulator Central Electricity Regulatory Commission (CERC) has recently reduced the forbearance prices and also removed the floor price for the Renewable Energy Certificates (RECs). This move is expected to negatively impact the REC projects, even as  it […]

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The Philippines Power Sector can Reach Resilience by 2021: IEEFA

The Philippines could come out COVID-19 with cheaper electricity prices and a more competitive and reliable power sector a new report from IEEFA details The Philippines could come out COVID-19 with cheaper electricity prices and a more competitive and reliable power sector if it swapped its reliance on expensive coal power for cheaper renewables and […]

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SECI’s 2 GW Solar Tender Oversubscribed; Another 18.2 GW Capacity in Pipeline till July

In the wake of the overwhelming response from solar project developers, state-owned Solar Energy Corporation of India’s (SECI’s) tender for 2 GW of Interstate Transmission System (ISTS) connected solar photovoltaic (PV) project under tranche IX has been over-subscribed by about 2.35 GW, as per the research and advisory services provider firm. According to the report […]

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Top 15 Wind Asset Owners Account for 1/3rd of Global Wind Capacity: GWEC

After nearly four decades of wind project development, wind power now plays a central role in energy portfolio planning in a growing number of countries. Now, it is no longer local citizens, but utilities, IPPs as well as commercial and industrial enterprises that drive wind farm development globally. In GWEC Market Intelligence’s most recent update […]

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EV Sales Rise with Implementation of Stringent Emission Norms: Frost & Sullivan

EV sales will be driven by the implementation of stringent emission norms across countries and global policies favouring the adoption of electric vehicles Frost & Sullivan’s recent analysis, Global Electric Vehicle Market Outlook, 2020, finds that the COVID-19 uncertainty will globally dent electric vehicle (EV) sales, which are estimated to stand somewhere between ±9 percent in […]

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Australia to add 1.2 GWh of Energy Storage Capacity in 2020: WoodMac

According to new research, Australia is set to add 1.2 GWh of energy storage capacity in 2020, more than double the 499 MWh installed in 2019. According to new research, Australia is set to add 1.2 gigawatt-hour (GWh) of energy storage capacity in 2020, more than double the 499 MWh installed in 2019. This takes […]

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Investments in Distributed Energy Likely to Rise Up to 75% by 2030

With the market set for a decade of high growth, the rate of annual investment in distributed energy resources (DER) likely to increase up to 75 per cent by 2030, as analyzed by a leading business consulting firm. The Frost & Sullivan in its recent analysis, ‘Growth Opportunities in Distributed Energy, Forecast to 2030’, finds that favorable regulations, […]

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EVs Grab a Bigger Chunk in Shrinking Passenger Cars Market: IEA

While in 2019, the global sales of passenger vehicles tanked, EVs had another banner year recording a 40 percent YoY growth in sales. The global electric vehicle (EV) fleet expanded significantly over the last decade, underpinned by supportive policies and technology advances. And while in 2019, the global sales of passenger vehicles tanked, electric vehicles […]

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