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The Rise Of BESS: The Age of Batteries Draws Closer

BESS (Battery Energy Storage System) technology has emerged as a key product for transforming as well as storing, distributing the excess green electricity for later use and for reducing the emissions of CO2. According to the International Energy Agency (IEA), World Energy Outlook 2024 Report, in 2023 battery storage in the power sector was the []

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India Made Solar More Affordable, Says PM Modi

Prime Minister Narendra Modi in his latest speech before the International Solar Alliance said that with more government hand holding support and schemes, the solar energy became more affordable in India. He joined the ongoing session online and addressed the gathering. Indias growth in the solar sector is the result of a clear approach. Whether []

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UK Announces 9.6 GW of Renewable Awards In Sixth CfD Auction

The much awaited renewable awards with contract for difference have been announced finally. The results were awaited eagerly following the abject failure of the last offer, and was considered particularly vital for the offshore wind industry after a string of bad news, including cancellation of awarded projects elsewhere in Europe. With £1.56 billion allocated to []

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Green Stocks Sept 4: Tata Power Stock Sees The Highest Plunge

The stock market today gave a mixed back of returns with many firms reporting positive growth and around half of them seeing negative growth. Tata Power reported the highest plunge in their stock prices with a negative growth of 3.03 percent. It was followed by Inox Wind which reported a negative growth of 2.48 percent. []

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Polysilicon Market Bleeds Top 4 Chinese Manufacturers With Losses In H1

German polysilicon market specialist Bernreuter Research reports that the top 4 Chinese polysilicon manufacturers all slipped into losses in the first half of 2024. Consequently, at least three of the top 4 have cut down on capacity utilisation in the second half of the year, even as Tongwei continues to maintain output. In the first []

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IEXs August Power Market Update

The Indian Energy Exchange (IEX), the dominant power exchange in the country, has released its market update for August. IEX achieved a total volume (including certificates) of 12,040 MU in August 2024, marking a 35.8% year-over-year increase. The electricity volume at 9,914 MU, increased 17.1% YoY. The renewable energy certificates (REC) at 2,116 MU, increased []

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Green Stocks Sept 2: Adani Green, SJVN Stocks Shine

As the market opened up this Monday, most green energy companies witnessed a plunge in their stock prices. Only three companies namely-Adani Green, SJVN and Sterling & Wilson witnessed a positive growth in their stock prices. The stock prices of Adani Green (AGEL) witnessed the sharpest rise of 5.69 percent. It was followed by SJVN []

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Jinko Solar Q2 Results-Revenues Down 21.6%, Profits Slump 44%

JinkoSolar Holding Co., Ltd., one of the largest solar module manufacturers in the world, has announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Business Highlights Module shipments grew by 34.1% year-over-year to 23.8 GW in the second quarter, ranking first in the industry. At the end of []

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