are the key factors for a sustainable growth of any power utility and the nation's economy. As far as the power sector challenges are concerned, new technology adaptions and improvements in the existing systems play a very crucial role in the future. Hence effective & maximum use of ...
India has emerged as a global leader in solar power. As of November 30, 2022, the country had 61.97 gigawatts (GW) of installed solar capacity, placing it fourth globally for solar photovoltaic (PV) deployment. Presently, solar tariffs in India are very competitive and have achieved grid pari...
India is a showcase example of successful growth in solar PV. In March 2023, the Indian government auctioned for and was awarded 39.6 GW of solar manufacturing to 11 companies. The government encouraged manufacturing with the second phase of its Production Led Incentive (PLI), offering IN...
In addition to this decreasing the costs of solar technology are enhancing feasibility and affordability which is driving the market demand. High solar irradiance which provides excellent potential for solar power generation is driving the market growth across Sulawesi. In addition to this, the ...
“Solar power can be an affordable source of electricity for Indonesia if the country undertakes necessary power market reforms,”said Antoine Vagneur-Jones, energy transitions analyst at BloombergNEF.“Indonesia can learn from the experience of its peers such as India and Vietnam on ho...
energy sources is growing rapidly, with markets such as solar cells, wind and bio-diesel experiencing annual double digit growth, the overall share is only expected to increase marginally over the coming decades as the demand for energy also grows rapidly, particularly in many developing countries....
JSW Energy’s growth ahead is likely to be organic because of two problems. First, assets available through insolvency resolution are thermal, which the company isn’t interested in. Second, the cost of power in renewable energy space is north of Rs 3-4 a unit, ruling out their acquisition...
in the conventional energy sector to diversify into RE,it may be an opportunity for the SMEs to expand their volume and it may also trigger a change in the mind-set of Indian population to switch to RE.China is all set to put up a plant in India for manufacturing Solar Cells and many...
As the world shifts towards renewable energy sources, solar power has emerged as one of the most promising solutions. In India, the solar energy sector has witnessed significant growth in recent years, with the government’s focus on clean and sustainable energy. One of the key components of ...
Chinese manufacturers dominate global solar panel production. Their explosive growth has helped to propel adoption of renewable energy by driving down costs. But the United States, Europe, India and others complain unfairly low-priced exports hurt their manufacturers and threaten thousands of jobs. ...