Solar Industry Faces Growing Losses from Underperforming Equipment
According to the Raptor Maps’ Global Solar Report, the amount of power loss due to equipment anomalies has nearly doubled from 1.61% in 2019 to 3.13% in 2022. This trend is expected to continue, with anomaly-driven power loss potentially growing to almost 6% by 2025.
India and Japan Strengthen Renewable Energy Cooperation
India and Japan have initiated a partnership under the Asia Energy Transition Initiative (AETI) to support India’s clean energy transition. India has set an ambitious target of achieving net-zero by 2070, while Japan aims to achieve the same by 2050.
Solar Power Set to Overtake Coal as World’s Largest Energy Source in Four Years
Solar power has come a long way in the past decade, moving from being an also-ran to one of the major players in the global energy race. According to the International Energy Agency, next year, solar photovoltaic capacity will surpass hydropower, followed by gas-fired generation in three years and coal in four years.
EIB Green Hydrogen India: €1 Billion Investment to Boost Clean Energy Transition
The European Investment Bank (EIB), the bank of the European Union, has joined forces with the India Hydrogen Alliance (IH2A) to increase support for the development of green hydrogen projects across India.
India and IMT-GT JBC Sign MoU to Boost Energy Efficiency in Southeast Asia
The first meeting of the G20 Energy Transitions Working Group was held in Bengaluru, India, and was a success, with participants sharing a consensus on the priority areas of energy security and diversified supply chains.
Delhi Government Pledges to Boost Renewable Energy Generation
Delhi, the capital city of India, is moving towards a greener future with an ambitious plan to generate an additional 6,000 MW of electricity using renewable energy sources.
The Rise of Clean Energy: Solar Energy Trends in 2023
The solar energy industry is on the rise, as the demand for clean and renewable energy sources continues to increase. 2023 is shaping up to be a big year for the solar energy sector, as new technologies and innovations are expected to drive growth and expand the reach of solar energy.
Solar Energy for Industries Explained: Everything You Need to Know
Solar energy can greatly benefit industrial and factory owners as they require a constant and substantial source of electricity 24/7.
Capex vs Opex Solar Model: Which is Better for Your Energy Needs?
Solar energy systems are becoming increasingly popular in homes and businesses around the world. With rising electricity costs, solar energy provides an attractive alternative to traditional energy sources.
COP27: Harnessing Solar Energy for a Sustainable Future
COP27 is the latest in a long line of global climate conferences, which have been held regularly since 1994. The United Nations Framework Convention on Climate Change (UNFCCC) was created at the 1992 Rio Earth Summit.