Storage market set to grow further to USD 300 Billion by 2030: ResearchAndMarkets

With growing solar PV installations and further gaining up in renewable power capacity additions clubbed with enticing business for electric vehicles in India, the rationale behind the battery energy storage systems (BESS) is certain to embellish and gather momentum in the country says the ResearchAndMarkets in its news report. The research firm notes that the […]

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Global Solar PV Market Returns to Double-Digit Growth in 2019: IHS Markit

Global business information provider IHS Markit in its new report notes that the global solar PV market is set to bounce back from single-digit growth in 2018 to 25 percent growth in 2019, reaching 129 gigawatts of solar installations. This revived growth comes mainly from markets outside of China, which are forecast to rise by […]

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Solar Tariffs Not Helping American-Made Solar Panels Compete: EnergySage

EnergySage has released its latest semiannual Solar Marketplace Intel Report. Based on millions of transaction-level data points generated within the EnergySage Solar Marketplace during 2018, this report tracks demand for American-made solar panels in the U.S. and provides dozens of other insights into consumer shopping behavior. In January 2018, the Trump administration acted on the U.S. International […]

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SMEs in India are hesitant to install rooftop solar panels: Deloitte survey

In India several power-consuming small and medium enterprises (SMEs) hesitate to install rooftop solar panels due to perceived performance risks says a survey carried out by Deloitte in collaboration with the CIF. The survey, titled ‘Scaling Up Rooftop Solar in SME Sector in India’, was conducted by across 150 MSMEs in six industrial clusters — […]

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PV inverter to reach over USD 12 billion by 2024: ResearchAndMarkets

ResearchAndMarkets in its new reports forecasts the photovoltaic (PV) inverter market to grow at a CAGR of 10.45% to reach US$12.804 billion by 2024, from US$7.052 billion in 2018. The research firm in a statement said that growing focus towards environmental sustainability and clean energy is significantly driving the demand for PV inverters worldwide. ResearchAndMarkets […]

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BP Energy Outlook 2019: Renewables Becoming Largest Source of Power Generation by 2040

The 2019 edition of BP Energy Outlook, published explores the key uncertainties that could impact the shape of global energy markets out to 2040. The greatest uncertainties over this period involve the need for more energy to support continued global economic growth and rising prosperity, together with the need for a more rapid transition to a lower-carbon future. These […]

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Indian solar lanterns, home systems market could grow to USD 327 million by 2023: GOGLA

The Indian market for solar lanterns and solar home systems is expected to reach a size of up to USD 327 million by 2023, according to a new GOGLA-commissioned report. Prepared by cKinetics, the Peering into the future report reveals that increasing incomes and greater energy demand will drive market growth. Most of the futures sales are estimated […]

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Adani Green Energy acquires Kodangal Solar Parks Pvt Ltd.

Adani Green Energy (AGE) recently said it has acquired 51 per cent equity share capital of Kodangal Solar Parks Pvt Ltd (KSPPL) from FS India Devco Pvt Ltd for about Rs 1.69 crore. Adani Green Energy already held 49 per cent stake in KSPPL. KSPPL was incorporated in August 2015 and has set up 20 […]

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JinkoSolar Announces Third Quarter 2018 Financial Results

JinkoSolar announced its unaudited financial results for the third quarter ended September 30, 2018. Third Quarter 2018 Highlights Total solar module shipments were 2,953 megawatts (“MW”) (including 0.2 MW to the Company’s overseas downstream segment for which no revenue has been recognized), an increase of 5.7% from 2,794 MW in the second quarter of 2018 and […]

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Global solar panel recycling to grow at a CAGR of 30.46% during 2019-2023: ResearchAndMarkets

ResearchAndMarkets has added latest report “Global Solar Panel Recycling Market 2019-2023″ to its offering. The research firm in its latest report projects the global solar panel recycling to grow at a CAGR of 30.46% during the period 2019-2023. The report that has been prepared based on an in-depth market analysis with inputs from industry experts […]

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