Spike in Freight Rates Likely to Impact Global Import Prices by 11% Until 2023 UNCTAD

Spike in Freight Rates Likely to Impact Global Import Prices by 11% Until 2023: UNCTAD

The current surge in container freight rates, if sustained, could increase global import price levels by 11% and consumer price levels by 1.5% between now and 2023, according to UNCTAD's Review ...
/ / Grid, Market & Policy
Growth of Domestic Solar Manufacturing Hindered by Global Supply Chain Disruptions

Growth of Domestic Solar Manufacturing Hindered by Global Supply Chain Disruptions

The Indian government has come up with several initiatives to encourage domestic solar manufacturing. In April this year, the Union Cabinet approved the production-linked incentive (PLI) program to push gigawatt-scale manufacturing of ...
/ / Mercom Research Focus, Other
A Robust Domestic Solar Manufacturing Ecosystem Key to Overcoming Supply Disruptions

A Robust Domestic Solar Manufacturing Ecosystem Key to Overcoming Supply Disruptions

The Government of India is focusing on increasing the domestic manufacturing capacity of solar cells and modules to meet the high demand by solar developers and minimize reliance on Chinese ...
/ / Markets & Policy, Solar
Apple’s Global Suppliers Moving to 100% Renewable Energy in Their Operations

Apple’s Global Suppliers Moving to 100% Renewable Energy in Their Operations

Apple announced that over 110 of its manufacturing partners worldwide are moving to 100% renewable energy. The move would mobilize nearly 8 GW of clean energy to come online. These ...
/ / Other, Renewable Energy
With Industry Consolidation, 22,893 Wind Turbines Were Supplied in 2019_ GWEC

With Industry Consolidation, 22,893 Wind Turbines Were Supplied in 2019: GWEC

The Global Wind Energy Council (GWEC) recently published the second edition of its annual ‘Supply-Side Analysis 2019’ report, which said that 22,893 wind turbines were installed globally in 2019. These ...
/ / Wind
Wind Turbine Maker Vestas’ Revenue Surges 29% YoY in Q1 2020 Amid COVID-19

Wind Turbine Maker Vestas’ Revenue Surges 29% YoY in Q1 2020 Amid COVID-19

Vestas Wind System, a wind turbine manufacturer, revealed that in the first quarter of 2020, the company generated a revenue of €2.235 billion (~$2.42 billion), showing a year-over-year increase of ...
/ / Wind