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Research Firm Predicts Thin Film Solar Cell Market To Reach $25.3 Billion by 2030

Research firm Allied Market Research has signaled bright times for thin film solar manufacturers with a CAGR (Compounded Annual growth rate) of 8.4% predicted for the period upto 2030. Increasing electricity prices, reduced dependence on foreign oil and fossil fuels, and the storage and later usage of power will drive the growth of the global […]

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Fraunhofer Researchers Develop the World’s Most Efficient Solar Cell

Researchers at the Germany based Fraunhofer Institute for Solar Energy Systems ISE, using a new antireflection coating, claimed on May 30 to have successfully developed the most efficient solar cell of the world. Presenting the results at the 2nd International tandem PV Workshop in Germany, the researchers claimed to have increased the efficiency of the […]

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Power Min Proposal For Phasedown of Thermal To Allow for 30 GW of Renewables Could face States Roadblock

In its latest initiative to support renewables growth and allow for an orderly exit from thermal power, India’s power ministry has proposed a phasedown of 58,000 million units of thermal generation across 81 thermal power stations spread across the central, state and private sectors. The idea is to allow such a phased reduction to allow […]

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South India’s Second Big Renewable Push Starts Now

Introduction Back in 2014-15, when the new government of Prime Minister Modi first took stock, and hiked India’s renewable energy target 5 fold to 175 GW by 2022, a number of assumptions were made. From the share of solar (100 GW), to the share of rooftop solar within that (40 GW), Wind energy (60 GW) […]

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Australian City Turns To Compressed Air Project For Storage Of 1.5 GWh

Broken Hill, a city in rural New South Wales, Australia, has opted for advanced compressed air energy storage for energy storage. The project can be completed and commissioned by 2025, if not earlier. The advanced compressed air energy storage (A-CAES) technology, Hydrostor, has been proposed by a Canadian company recently releasing a statement that its […]

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‘Renewable energy generation plan’ to be implemented in Sri Lanka from June 1

A ‘Renewable Energy Generation Plan’ will be implemented in Sri Lanka from June 1, 2022 to enhance the renewable energy generation and its share in the energy mix of the country. The information has been shared by the Minister of Power and Energy, Kanchana Wijesekera. Sri Lanka is undergoing an economic crisis brought by huge […]

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ReNew Power Signs PPA With Meghmani Finechem For Hybrid Project

Meghmani Finechem Limited (MFL), a leading manufacturer of Chlor-Alkali and its value added derivatives, on May 28 announced that it has entered into agreements with Renew Green Energy Solutions Pvt Ltd for setting up a wind-solar hybrid power project. Meghmani Finechem has executed an Energy Subscription Agreement (ESA) and Share Subscription and Shareholder Agreement (SSSHA) […]

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Ireland Counts On Battery Storage For Energy Transition

Ireland is going to capitalise on its expertise in operating an isolated grid by developing new battery technology. Minister for Climate and Energy Eamon Ryan has been quoted as saying, “Energy storage using a range of battery technologies will be a core part of Ireland’s new industrial revolution, while playing a key role in balancing […]

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