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demand and supply

For GCL, Normal Is Back, with 60 GW Plan

China-based GCL System Integration Technology Co. (GCL SI) which claims to supply 29.1% of total worldwide wafer capacity yield, represents 22.2% silicon market shares has announced  plans to build a new factory in China with an annual solar panel production capacity of 60 GW. The new fab in Hefei province was said to cost an […]

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PSU’s of MoP, MNRE Contribute Rs 925 Cr to Combat COVID-19

PSU’s of MoP and MNRE have pledged to contribute Rs 925 crore to PM-CARES Fund in support to all on-going relief efforts to combat the COVID-19 Outbreak. The Public Sector Undertakings of the Ministry of Power (MoP) and the Ministry of New and Renewable Energy (MNRE) have pledged to contribute Rs 925 crore to the […]

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E-Bike Startup Zypp Sets up Battery Swapping Stations in Gurugram

EV startup Zypp has announced that it has made its foray in battery swapping for EVs. The firm has installed 15 battery swapping stations in Gurugram Electric vehicle (EV) startup Zypp has announced that it has made its foray in battery swapping for EVs. The firm has installed 15 battery swapping stations in Gurugram. As […]

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Global Wind Energy Capacity to Grow by 112% by 2029: Report

Global wind energy capacity additions are expected to sit at an annual average of 77 GW from 2020 to 2029, representing a growth of 112 percent Global wind energy capacity additions are expected to sit at an annual average of 77 GW from 2020 to 2029, according to Wood Mackenzie. This represents a growth of […]

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AIIB Grants $60 Mn Loan for 500 MW Solar Project in Oman

AIIB has approved a USD 60 million loan to increase the renewable power generation capacity in Oman by financing a 500 MW solar PV project in the country The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a USD 60 million loan to increase the renewable power generation capacity in Oman to help […]

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Auctions Designed in Innovative Ways Can Help Achieve Specific Country Goals: Sukhwinder Pal Singh

One of the main trends to procure renewables-based electricity at the lowest price -while fulfilling other objectives- is the use of auctions. Auctions designed in innovative ways can help to achieve specific country goals, beyond solely procuring electricity at the lowest price. These goals might include ensuring greater participation of communities or other new and […]

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Renewable Energy Gets A Curfew Pass For Lockdown, Gives Guarded Welcome

The notification by the MNRE (Ministry of New and Renewable Energy) that requested states to consider renewable energy as an essential service has come as a reassuring show of support for the sector. The MNRE notification, issued yesterday, told states to allow movement of material and personnel to ensure continuous renewable power generation. “Power generation […]

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EVs Emit Less CO2 Than Conventional Vehicles: Study

EVs produce less CO2 than petrol cars across the globe, even if electricity generation involves substantial amounts of fossil fuel, according to a new study Electric vehicles (EVs) produce less carbon dioxide (CO2) than petrol cars across the globe, even if electricity generation involves substantial amounts of fossil fuel, according to a study which projects that in 2050 every second car on the […]

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Wind Energy Counts Its Losses From Coronavirus

With the epicentre of the Covid 19 epidemic shifting to Europe and possibly the US, the global wind Energy industry is set o to take a big hit. According to research and consultancy firm Wood Mackenzie, global wind energy additions in 2020 could decline by 4.9 GW versus earlier projections. That means a drop from […]

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