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COVER STORY: India Gears Up For Solar Waste Recycling Challenge

The latest report from the Central Electricity Authority (CEA) states that India’s total solar energy capacity crossed 75 Gigawatts (GW) by the end of February this year. According to its own estimates, the country will need 292 GW of total solar capacity by 2030. With the steady additions of solar power to the Indian grid, […]

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Siemens Energy Invests $150 Mn To Address Shortage Of Transformers

Siemens Energy plans to invest $150 million to expand operations in Charlotte, North Carolina, creating almost 600 local jobs. It said, “Today, only 20% of US large power transformer demand is met by domestic supply with lead times of up to five years. Power transformers provide the link between generation and distribution and are a […]

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Could a Donald Trump Presidency Trip Up The IRA?

The IRA, or the Inflation Reduction Act in the United States (US), ever since it came into force in August 2022, has been unfolding the kind of impact that has never been seen yet in the clean energy industry. Even as most provisions in the IRA became effective by Jan 2023, the biggest part of […]

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GE Vernova Gets 2.4 GW Turbine Order For Biggest Mexican Wind Project

GE Vernova has signed a new equipment and long-term services deal with Pattern Energy to supply 674 units of 3.6-154 wind turbines. The order is enough to  generate more than 2.4 GW of power at the SunZia Wind project in New Mexico. SunZia Wind, which is expected to be the largest wind project in the […]

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Top 12 Trends Of 2023 That Created Ripples In Indian Renewable Sector

For India, forming a backdrop to the whole year was the softening in global module prices, continuation of ALMM exemptions, and of course, the noise around carbon credits and green hydrogen. Which events actually made an impact? Which ones stood out and are most likely to make a real impact, and soon? We present below […]

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Profit Uncertainty Holding Back Europe’s BESS Growth: Rystad Report

A recent research report on battery storage energy systems (BESS) by Rystad Energy claimed that the profit uncertainties in Europe have held back the growth of BESS. According to the latest research, which analyzes day-ahead power prices in Europe for 2023, Bulgaria (BG), Italy (NORD) and Hungary (HU) offer the highest profit potential for BESS […]

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Solar Bids Below Rs 2? BCD Holds Up Solar Tariffs In India

Even as prices of China-made solar cells and modules continue to slide to unprecedented lows, power consumers are likely to benefit only partially, thanks to the Basic Customs Duty (BCD) of 40 percent that the government has on module imports, besides the 25% on solar cell imports. While the drop in prices is welcome to […]

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Goldi Solar, Desert Technologies Sign MoU To Expand RE 

Indian Solar module manufacturer Goldi Solar has signed a Memorandum of Understanding (MoU) with Desert Technologies, a solar PV and smart infrastructure holding company based in Saudi Arabia. The two firms have planned to use this partnership to boost the expansion of renewable energy in India and Saudi Arabia.  The MoU, part of the India-Saudi […]

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