US Corporates Installed 19 GW of Onsite & Offsite Solar Capacity Through June 2022

US Corporates Installed 19 GW of Solar Capacity Through June 2022

Corporates in the United States installed nearly 19 GW of onsite and offsite solar capacity cumulatively till June 2022. This includes 25 leading U.S.-based companies like Meta, Amazon, and Walmart ...
/ / Other, Renewable Energy
India Adds Over 1.9 GW of Open Access Solar in 9M 2022, Installations Up by 96%

India Adds Around 1.9 GW of Open Access Solar in 9M 2022, Installations Up by 96%

India installed around 1.9 GW of open access solar capacity in the first nine months (9M) of the calendar year (CY) 2022, an increase of 96% year-over-year (YoY), according to ...
India-Denmark Collaborative Study Identifies 15 Offshore Wind Sites

India-Denmark Collaborative Study Identifies 15 Offshore Wind Sites

A Danish-Indian collaborative study, which aims to support India’s 30 GW offshore wind target by 2030, has identified fifteen zones for the first offshore wind development project. The study was ...
/ / Markets & Policy, Wind
India Adds Over 1.2 GW of Rooftop Solar in 9M 2022

India Adds Over 1.2 GW of Rooftop Solar in 9M 2022

India installed over 1.2 GW of rooftop solar capacity in the first nine months (9M) of the calendar year (CY) 2022, a decline of 11% year-over-year (YoY), according to Mercom ...
Average AT&C Losses for DISCOMs Increases to 22.32% in FY21

Average AT&C Losses for DISCOMs Increases to 22.32% in FY21

The average aggregate technical and commercial (AT&C) losses for distribution companies (DISCOMs) at the national level increased from 20.73% in the financial year (FY) 2019-20 to 22.32% in FY 2020-21 ...
/ / Grid, Markets & Policy
A 10 kWh Battery Storage System Can Fully Meet Backup Needs of 3-Day Outage in the US

A 10 kWh Battery Storage System Can Fully Meet Backup Needs of Three-Day Outage in the US

If heating and cooling loads are excluded from backup, small behind-the-meter Solar Photovoltaic plus Energy Storage Systems (PVESS) with just 10 kWh of storage can fully meet backup needs over ...
/ / Energy Storage, Technology
Investments in the Indian Solar Sector Up by 25% YoY in Q2 2022

Investments in the Indian Solar Sector Up by 25% YoY in Q2 2022

Investments in the Indian solar sector in the second quarter (Q2) of the calendar year (CY) 2022 totaled $2.82 billion (~₹217.49 billion), a 3% quarter-over-quarter (QoQ) increase compared to the ...
India Adds over 845 MW of Rooftop Solar in First Half of 2022

India Adds Over 845 MW of Rooftop Solar in First Half of 2022

India installed over 389 MW of rooftop solar capacity in the second quarter (Q2) of the calendar year (CY) 2022, a decline of 15% compared to 456 MW installed in ...
China Adds Nearly 7 GW of Solar Capacity in May 2022

China Adds Nearly 7 GW of Solar Capacity in May 2022

According to a recently published report by the Asia Europe Clean Energy (solar) Advisory (AECEA), China added 6.83 GW of solar capacity in May 2022, an increase of 86% month-over-month ...
Saudi Oil Major Aramco Aims to Generate 12 GW of Renewable Energy by 2030

Saudi Oil Major Aramco Aims to Generate 12 GW of Renewable Energy by 2030

Saudi Arabian oil major Aramco intends to generate 12 GW of renewable energy by 2030. In its recent sustainability report, the company said it aims to use the allocation of ...
Investments in the Indian Solar Sector Grow 154% YoY in Q1 2022

Investments in the Indian Solar Sector Grow 154% YoY in Q1 2022

Investments in the large-scale solar segment in the first quarter (Q1) of the calendar year (CY) 2022 were up by 154% compared to the same period last year. However, the ...
Wind Can Pump $18 billion Gross Value into India's Economy Report

Wind Can Pump $18 Billion Gross Value into India’s Economy: Report

In its recently published report, the Global Wind Energy Council (GWEC) finds that India could save an extra 229 million metric tons of CO2 emissions over the lifetime of a ...
/ / Wind
Priority Sector Lending Can Help Unlock EV Financing of ₹3.7 trillion by 2030 NITI Aayog

Priority Sector Lending Can Help Unlock EV Financing of ₹3.7 Trillion by 2030: NITI Aayog

NITI Aayog, in its recent report, ‘Banking on Electric Vehicles in India,’ proposed the inclusion of electric vehicles (EVs) in Reserve Bank of India’s (RBI) priority-sector lending (PSL) guidelines to ...
/ / Electric Vehicles, Grid
India Ranked 10 in the Climate Change Performance Index 2022 Report

India Ranked 10 in the Climate Change Performance Index 2022 Report

India maintained its 10th rank and continued to be among the top-performing countries within the Group of 20 in the Climate Change Performance Index (CCPI) 2022 report. Published annually since ...
/ / Other, Renewable Energy
Governments Worldwide Pledge $470 Billion for Clean Energy Measures IEA Report

Governments Worldwide Pledge $470 Billion for Clean Energy Measures: IEA Report

The International Energy Agency (IEA) has said governments worldwide had earmarked $470 billion as of October 2021 to clean energy measures as part of their economic response to the Covid-19 ...
/ / Finance and M&A, Other
Potential of Solar PV and Hybrids to Provide Ancillary Services: IEA Report

Potential of Solar PV and Hybrids to Provide Ancillary Services: IEA Report

Photovoltaic (PV) systems and hybrids need to take over more system responsibility by providing ancillary services since PV penetration is continuously growing, the International Energy Agency (IEA) has said in ...
/ / Markets & Policy, Solar
Renewables To Be the Primary Source for New Electricity Generation In 2050

Renewables to Be the Primary Source for New Electricity Generation in 2050

The U.S. Energy Information Administration’s (EIA) latest International Energy Outlook 2021 report suggests that if current policy and technology trends continue, global energy consumption and energy-related carbon dioxide emissions will ...
/ / Other, Renewable Energy
Off-Grid Solar Could Create 570,000 Jobs in Sub-Saharan Africa by 2022 Report

Off-Grid Solar Could Create 570,000 Jobs in Sub-Saharan Africa by 2022: Report

The off-grid solar value chain can create up to 570,000 jobs in Sub-Saharan Africa by 2022, excluding manufacturing, the UCL Engineering for International Development Centre has said in a recent report. Despite ...
/ / Markets & Policy, Solar
US Installs 345 MW of New Energy Storage Systems in Q2 2021 Report

US Installs 345 MW of New Energy Storage Systems in Q2 2021: Report

According to Wood Mackenzie’s latest report, the United States installed 345 MW of new energy storage systems in the second quarter (Q2) of 2021 – a year-over-year (YoY) increase of ...
/ / Energy Storage, Market & Policy
New Coal Plants to Exhaust ₹2.47 Trillion, Investing in Renewables Can Save ₹432 Billion

New Coal Plants to Exhaust ₹2.47 Trillion, Investing in Renewables Can Save ₹432 Billion

According to the latest report published by the energy think tank Ember and Climate Risk Horizons, 27 GW of proposed new coal power plants in India could deplete scarce public ...
/ / Other, Renewable Energy
Solar Projects With ₹7.01/kWh Tariff Face Higher Curtailment in Tamil Nadu: POSOCO

Solar Projects With ₹7.01/kWh Tariff Face Higher Curtailment in Tamil Nadu: POSOCO

Power System Operation Corporation Limited (POSOCO) has submitted a report on renewable energy curtailment in Tamil Nadu following the Appellate Tribunal For Electricity's (APTEL) orders. The tribunal had ordered POSOCO ...
/ / Markets & Policy, Solar
Solar Energy Would Double the Demand for Base Metals by 2040 Report

Solar Energy Would Double the Demand for Base Metals by 2040: Report

Solar energy will significantly impact demand for aluminum, copper, and zinc as the usage of all three materials is set to double by 2040, Wood Mackenzie said in a recent ...
/ / Markets & Policy, Solar
Cost of Large-Scale, Rooftop Solar Systems Rise Slightly in Q4 2020

Cost of Large-Scale, Rooftop Solar Systems Rise Slightly in Q4 2020

The average cost of large-scale solar projects stood at about ₹35.3 million (~$488,255)/MW as of the fourth quarter of 2020 (Q4 2020), according to Mercom's recently released 2020 Q4 & Annual ...
Open Access Solar Installations Increased by 56% in 2020 Despite Challenges

Open Access Solar Installations Increased by 56% in 2020 Despite Challenges

The total installed capacity in the open access (OA) market as of December 2020 stood at almost 4 GW, with a project development pipeline of over 1 GW, according to ...
Investing in Climate Adaptation Would be a Sound Economic Decision_ UN Report

Investing in Climate Adaptation Would be a Sound Economic Decision: UN Report

The UN Environment Programme (UNEP) has released a report that says nations must boost their efforts to adapt to the changing climate scenario to avoid dire consequences in the future ...
/ / Other, Other Energy