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New global solar PV installations to increase 27% to record 181 GW this year -IHS Markit

Even though prices for solar PV modules are higher than last year, along with long delivery times and rising freight costs, demand should grow in the second half of this year. LONDON: Global solar photovoltaic installations are expected to grow by 27% this year to a record 181 gigawatts (GW), led by China, the United […]

GM to Supply Electric Batteries, Hydrogen Fuel Cell Systems For Wabtec Locomotive

Renewable energy no longer a ‘rich nation’ luxury

Australia, Japan and Vietnam lead Asia Pacific’s green drive Australia, Japan and Vietnam are leading the shift to renewable energy in Asia Pacific, according to consultant IHS Markit, coal plants continue to be built at “a brisk pace” as part of energy mix. Around a third of the power projects under construction — or about […]

Foxconn Invests $36 Million in EV Partnership With Gigasolar

IHS Markit: Lithium-ion battery cell average cost to fall below $100 per kWh by 2023

The average cost of a lithium-ion (Li-ion) battery cell will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit. The average cost of a li-ion cell is expected to decline further through the end of the decade, to as low as $73/kWh in 2030. […]

Amara Raja Batteries Rejigs Board, Will Amend Objects Clause For New Energy Areas

Opportunities develop for battery storage ‘despite the turmoil caused by COVID-19’, IHS Markit says

The market for grid-connected energy storage will defy the “headwinds” caused by the coronavirus pandemic on industries across the world, analysis firm IHS Markit has predicted. The team at the IHS Markit Energy Storage Service has forecast that global installations will grow by over 5GW this year, despite disruption caused by COVID-19. Battery energy storage […]

Autumn Tender For RES Power Storage Batteries

Sterling and Wilson Solar promoters facilitate repayment of Rs 500 crore

The proceeds have been utilised to reduce our external borrowings by an equivalent amount New Delhi: Sterling and Wilson Solar on Tuesday said that its promoters have facilitated repayment of Rs 500 crore as per the revised schedule of repayment approved by the board. “Sterling and Wilson Solar Ltd (SWSL) has received additional Rs 500 […]

Power Finance Corporation Logs Highest Ever Net Profit of Rs 8,444 Cr For FY 21, Up 49% On Y-o-Y Basis

IHS Markit: Despite China decline global solar growth in 2019 to hit 129GW

HS Markit has reiterated its global solar demand forecast for 2019, despite lower expectations for China. The market research firm said that faster than anticipated growth in some international markets such as the Netherlands, Spain, Germany, Italy, Turkey, or Ukraine had reduced the growth risks associated with weaker demand in China. IHS Markit also remained […]

KEHUA TECH – Tapping the Value of Energy Storage With the Goal of “Carbon Neutrality”

Sterling and Wilson Solar’s Rs 3,125 crore IPO to open on Aug 6

A portion of the net offer proceeds will be used towards funding full repayment of the loans. NEW DELHI: Sterling and Wilson Solar will hit the Street with its initial public offering (IPO) worth Rs 3,125 crore on August 6. The price band has been set in the range of Rs 775 to Rs 780. […]

KEHUA TECH – Tapping the Value of Energy Storage With the Goal of “Carbon Neutrality”

Global Single-Phase Inverter Market Added 11GW in 2018 —IHS Markit

IHS Markit released its annual PV inverter market report in early May. The world grid-connected PV inverter shipments remained almost flat in 2018. While the world grid-connected three-phase PV inverter shipments were slightly down at 93,427 MW, shipments of the single-phase segment increased by 11.2% to 11,098 MW last year. The growth was boosted by […]

KEHUA TECH – Tapping the Value of Energy Storage With the Goal of “Carbon Neutrality”