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Solar

The way we generate electricity is rapidly changing. This change has been prompted by concerns related to climate change and the cost of power generation. These concerns will result in natural gas and non-hydro renewable energy sources such as wind and solar power becoming the preferred sources of power generation worldwide. Solar energy is the energy extracted from heat radiated by the sun. Solar energy offers a clean, environmental-friendly, abundant, and inexhaustible source of energy spread widely over the globe. Solar energy has multiple purposes and can be used in community-based solar initiatives decreasing bills and dependency on public utilities.

Related Reports

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India to Fall short of its 2022 Renewable Target

India is the fifth largest renewable power market in the world with a total installed capacity of 95.2 GW in FY 2022. Share of renewable of the total power capacity increased from 8.9% in FY 2010 to 21.8% in FY 2021. India’s renewable installations were boosted by its ambitious renewable targets and support mechanisms. India is currently in the final phase of achieving its national renewable mission target of 175 GW by FY 2022. India has so far achieved just 53% of the target, it needs add large capacities of solar and wind in the remaining timeframe of 13 months to achieve its target.

Global Mergers and Acquisitions (M&A) Deals in 2021 – Top Themes in the Power Sector – Thematic Research

The merger and acquisition (M&A) deals in the power sector were valued at $261 billion in 2020. The deal value grew by more than 45% in 2021. In terms of deal volume, 2021 recorded a growth of more than 15%. Solar accounted for the largest share of deal value and volume.

The Future of Energy Transition

This report compendium consists of three reports that cover the themes that are impacting the oil and gas industry – carbon capture and storage, renewable power and hydrogen. Oil and gas majors are actively restructuring their businesses to incorporate these themes in their portfolio.

Renewable Power in Oil and Gas – Thematic Research

The oil and gas majors are utilizing their cash resources to build a new paradigm shift in the energy sector through investments in renewable energy projects, especially solar and wind power.

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