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2024: Global Solar Capacity Tops 2.2 TW, With Over 600 GW New Additions

Global cumulative solar photovoltaic (PV) capacity rose to more than 2.2 terawatts (TW) by the end of 2024, up from 1.6 TW in 2023, with over 600 GW of new systems commissioned, the International Energy Agency’s Photovoltaic Power Systems Programme (IEA PVPS) said in its latest report. “Module prices continued to drop through 2024 in […]

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Bigger & Faster – South India’s Renewable Comeback

South India, which heralded some of the earliest large-scale solar and wind projects in the country, is now further expanding its clean energy footprint. Again, one could say that some of India’s most notable renewable achievements came from the region before 2020. From the then-largest solar plant at Kamuthi in Tamil Nadu with a 648 […]

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Senior Business Development Specialist – Americas

Wood Mackenzie is looking for enthusiastic and talented sales professionals to meaningfully contribute to our revenue growth by working closely with marketing and sales to build our commercial pipeline. The Business Development Specialist will be responsible for converting interested cold leads into commercial opportunities for the sales team to progress to closure. The Business Development […]

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Green Stocks April 15: Ready To Launch?

As the markets celebrated yet another day of relative peace from the Trump White House, green stocks continued their recovery apace. Stocks like Waaree Renewable Technologies, which has announced its results tomorrow, made a particularly strong run up on expectations that an early announcement presages strong results, WRTL needs it, as it has been among […]

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India’s Rooftop Solar Poised To Hit 25-30 GW By FY27: CareEdge

India’s rooftop solar energy capacity is projected to surge, rising from 17 GW to an estimated 25–30 GW between FY25 and FY27, according to CareEdge Research.  With a total renewable capacity of 220 GW as of FY25 and a national target of 300 GW solar capacity by 2030. Rooftop solar, particularly in the Commercial & […]

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Green Stocks April 11: A Day To Shine

We finally had a day where most green stocks in our pack outshone the market. While it is anyone’s guess how long the recovery will sustain, it was certainly obvious that value buyers are taking a second look at green energy after a sharp correction in many cases. The big standouts today were the wind […]

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As Wind Energy Finally Crosses 50 GW Milestone, No Time To Rest

The March update from India’s Central Electricity Authority finally confirmed what was expected. The breaching of the 50 GW milestone by India’s wind energy developers. With Fy25 seeing fresh additions of 4.15 GW, the industry saw one of its best years, even though the all time best seen in 2016-17 still seems a tough target […]

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What Led to the Surge in REC Purchases by DISCOMs?

Union Minister of State for New and Renewable Energy Shripad Yesso Naik, in his latest statement before the Parliament, indicated that the Renewable Energy Certificates (RECs) have seen an upsurge. He attributed this surge to the changes in policy, which have made it more favorable for the power distribution companies (discoms) in the state. He […]

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Why Co-Locating of Storage And RE Matters

India has ambitious goals to install 450 GW of renewable energy (RE) capacity by 2030. Even though India has an impressive track record of quickly deploying renewable RE generation assets, the share of RE (excluding large hydro) in total generation continues to be low (13.75 percent) hindering grid decarbonization. The generation-installation gap can be addressed […]

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