Researchers Develop Technology to Store, Convert Solar Energy to Electricity on Demand
The researchers at Chalmer’s University of Technology, Sweden, have developed a solution-and-neat-film-based Molecular Solar Thermal energy storage system (MOST) to capture solar energy and convert it into electricity on demand ...
Onshore Wind Installations in India Forecasted at 4.1 GW in 2023: GWEC
According to the Global Wind Energy Council’s (GWEC) Global Wind Report, 2022, the Indian wind market outlook for 2022 and 2023 is projected at 3.2 GW and 4.1 GW of ...
Anti-Dumping Duty Likely on Fluoro Backsheet from China Used in Solar Modules
The Directorate General of Trade Remedies (DGTR) has recommended the imposition of anti-dumping duty on the imports of fluoro backsheet originating in or exported from China for five years starting ...
Global Lithium-ion Battery Capacity to Increase Five-Fold to 5,500 GWh by 2030: Report
According to Wood Mackenzie, a global research and consultancy firm, the cumulative lithium-ion battery capacity is likely to rise over five-fold to 5,500 GWh between 2021 and 2030, keeping in ...
China Exports 100 GW of Modules, Adds 55 GW of Solar Capacity in 2021
The solar industry in China continues to thrive with 55 GW of solar installations in 2021 and module exports surpassing 100 GW, despite the pandemic and various supply chain issues, ...
ALMM Inclusion Irks Open Access, Rooftop Solar Installers
The Ministry of New and Renewable Energy (MNRE), in its recent order, amended the regulations related to the Approved List of Models and Manufacturers (ALMM) of solar modules, extending it ...
Basic Customs Duty Will Not Favor All Solar Manufacturers
With the imposition of Basic Customs Duty (BCD) on solar cells and modules around the corner, the domestic manufacturing sector is uncertain about its impact. In March 2021, the Ministry ...
Sale of Electric Cars Doubled YoY in 2021 Globally Reaching 6.6 Million: IEA
The sale of electric cars more than doubled to 6.6 million in 2021 compared to 3 million in 2020, accounting for 9% of the global car market, International Energy Agency ...
Solar Imports in 2021 Up by 641% YoY, Exports Rose 58%
In 2021, India imported solar cells and modules worth $3.52 billion (~₹262.6 billion), an increase of 641% compared to 2020. In 2020, the Indian solar sector had imported solar modules ...
Global Investment in Energy Transition Reached $755 Billion in 2021: Report
Global investment in the energy transition reached a record of $755 billion in 2021, BloombergNEF (BNEF) has said in its recent report. The investments are driven by rising climate ambition and policy ...
Renewables to Account for 90% of the Global Power Capacity Increase in 2021 and 2022: IEA
Renewable energy is expected to account for 90% of the global power capacity increase in 2021 and 2022, according to International Energy Agency’s (IEA) Renewable Energy Market Updates – Outlook ...
China Installed 53 GW of Solar Capacity in 2021, Braces for a Post-Subsidy Era in 2022
Being the first year of China's 14th five-year plan (2021-25), 2021 witnessed several developments that could have deep ramifications for the solar industry in the country. One of the major ...
Europe Imposes up to 19.2% Anti-Dumping Duty on Chinese Steel Wind Turbine Towers
The European Commission has imposed anti-dumping duties ranging from 7.2% to 19.2% on Chinese steel wind turbine (SWT) towers to protect the European wind energy sector. The Commission found that Chinese ...
Global Renewable Electricity Additions Set to Reach 290 GW in 2021: IEA
Despite rising costs for critical materials used to make solar panels and wind turbines, almost 290 GW of new renewable power projects will be commissioned in 2021, a 3% year-over-year ...
Canadian Solar’s Module Shipments Up 22% YoY in Q3 2021
Canada-based module manufacturer Canadian Solar reported net revenue of $1.229 billion in the third quarter (Q3) of 2021, a 34% year-over-year (YoY) increase over $914.36 million in Q3 2020. The company said ...
Sembcorp Acquires 98% Stake in a 658 MW Wind, Solar Portfolio in China for $517 Million
Singapore-based renewable energy company Sembcorp Industries, through its 100% subsidiary Sembcorp Energy (Shanghai), has acquired a 98% stake in a 658 MW portfolio of operational wind and solar photovoltaic (PV) assets ...
US Commerce Department Rejects Anonymous Petition for Tariffs on Asian Solar Imports
The US Department of Commerce has rejected a circumvention petition filed by an anonymous group of domestic solar manufacturers known as American Solar Manufacturers Against Chinese Circumvention, or A-SMACC, seeking ...
Array Tech to Acquire Solar Tracker Manufacturer STI Norland for $652 Million
Array Technologies, a U.S.-based solar tracking systems manufacturer, has signed an agreement to acquire Soluciones Técnicas Integrales Norland (STI Norland) for €570 million (~$652.16 million) in cash and stock. The ...
Jakson to Scale Up its Module Manufacturing Facility to 1 GW by 2022: Interview
The Indian solar market is steadily recovering after facing several challenges due to the Covid-19 pandemic and subsequent lockdowns in the past two years. According to Mercom's Q2 2021 India Solar ...
Reliance’s REC Acquisition Could Reduce Indian Solar Developers’ Dependence on Imports
Solar developers and module manufacturers believe Reliance Group's recent solar acquisitions will help India provide an alternative to Chinese products. In June 2021, Mukesh Ambani, Chairman of Reliance Industries, announced that Reliance ...
China Adds 25.56 GW of New Solar Capacity in the First Nine Months of 2021
China has installed 25.56 GW of new solar capacity in the first nine months (9M) of 2021, according to the latest data released by the National Energy Administration (NEA). Installations ...
Power and Production Restrictions in China Continue to Add Pressure on Solar Supply Chain
The Asia Europe Clean Energy (Solar) Advisory (AECEA), a China-based clean energy advisory company, estimates that China will add 50-55 GW capacity with an increase of 4-13% year-over-year (YoY) in ...
Solar Module Prices Could Remain High Until Q1 2022
Solar module manufacturers believe that prices of Chinese modules are expected to stay high until the first quarter (Q1) of the calendar year (CY) 2022. Modules prices have gone up ...
China was Second-Largest Source of Green Bond Issuance in 2020
A report released by Climate Bonds Initiative (CBI) and China Central Depository & Clearing Research Centre (CCDC Research) has said that China was the second-largest source of green bond issuance ...
Power Rationing in China Could Raise Commodity Prices and Disrupt Solar Supply Chain
The Chinese government has introduced an electricity rationing policy leading to some industrial sectors shutting down operations temporarily while others are operating only two to four days a week. According ...
