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Discoms Faced Losses Worth Rs 27k Crore in FY19: RK Singh

Power Distribution Companies (Discoms) in India suffered losses amounting to Rs 27,000 crore in the 2018-19 financial year, RK Singh has said. Power Distribution Companies (Discoms) in India suffered losses amounting to Rs 27,000 crore in the 2018-19 financial year, Union Minister of Power and New and Renewable Energy RK Singh has said. The government […]

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Stanford Scientists Develop new Plan to Achieve 100% Renewable Energy

A team of scientist from Stanford have outlined new steps that 143 countries can take to attain 100 percent clean, renewable energy by the year 2050. A team of scientist from Stanford University have outlined new steps that 143 countries around the world can take to attain 100 percent clean, renewable energy by the year 2050. The […]

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Renewable Energy Certificates Sales Down 10% in December

Sales of Renewable Energy Certificates fell around 10 percent to 5.04 lakh units in December as compared to 5.59 lakh yoy due to lower supply Sales of Renewable Energy Certificates (REC) fell around 10 percent to 5.04 lakh units in December as compared to 5.59 lakh in the same month a year ago due to lower supply, according to official data […]

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Lithium-Ion Battery Market to Grow at 22.58% CAGR: Report

The lithium-ion (Li-Ion) battery market is expected to grow at a CAGR of approx. 22.58 percent, during the forecast period between 2018-2025, said Mordor Intelligence in its report. According to the market intelligence and advisory services provider firm, the major factors driving the market includes – emergence of new and exciting markets; via electric vehicle (EV) and energy storage […]

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Global Power Industry Contracts Slip 9% in Nov

The global power industry contracts activity saw a decline of 9 percent with 269 contracts announced in the month of November this year, against the last 12-month average of 296 contracts, as per the GlobalData. According to the data and analytics company, Asia-Pacific secured the top position with 91 contracts and 33.8 percent share during […]

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UK’s Largest Subsidy-Free Solar + Storage Project Successfully Commissioned

First of its kind in the United Kingdom (UK), a largest subsidy-free solar-plus-storage system has successfully put into operation. The commissioning of this project is a significant development for UK’s solar industry as it will offer an important opportunity for the next phase of growth for the solar market. The plant is located in Yorkshire County in […]

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Hydrogen will be The Game Changer in Sustainable Mobility Space: Akshay Kashyap

One of the good things all over the world is that there is a lot of money being poured into battery technology for storage and e-mobility. This will definitely lead to newer, better and cost effective solutions for batteries. Having said that Li-Ion will remain the front runner and we may see solid state batteries […]

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Are lower margins making the Indian solar market unattractive?

In recent years, Indian solar industry saw many ups and downs whether it would be related to implementation of GST, safeguard duty, dues on Discoms, renegotiation of PPAs, policy changes etc. Here’re some views and voices from the industry on the impact of margins due to ongoing developments: Amit Gupta, Director of Legal and Corporate […]

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JA Solar to Supply 490 MW Solar Modules for UHV Transmission Project

JA Solar has won the bid for supplying 490 MW of high-efficiency modules for Huanghe Hydropower’s ultra-high voltage (UHV) Transmission Project in China. JA Solar, a leading manufacturer of high-performance photovoltaic (PV) products, has announced that it won the bid for supplying 490 MW of high-efficiency modules for Huanghe Hydropower’s ultra-high voltage (UHV) Transmission Project in […]

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