Power

Power

Tesvolt confident of continuing operations amidst COVID-19 pandemic, says GlobalData

Following the news that Tesvolt, the German manufacturer of battery storage systems, has started the production of commercial storage systems under strict safety precautions due to the ongoing COVID-19 pandemic; Somik Das, Power Analyst at GlobalData, a leading data and analytics company, offers his view: “Tesvolt expects growing demand despite the ongoing pandemic. Its order volumes […]

Power

Despite layoffs amid COVID-19 pandemic, Sunrun remains positive, says GlobalData

Following the announcement that Sunrun, the largest residential solar installer, is reported to have laid off around 100 of its employees; Somik Das, Power Analyst at GlobalData, a leading data and analytics company, comments: “COVID-19 will present Sunrun with a harrowing period over the next few quarters. Going ahead, the company wants to focus on the […]

Power

COVID-19 pandemic threatens to hamper India’s solar energy plans, says GlobalData

In India, around 2.3GW of solar plants were expected to be commissioned from June to August 2020. However, the delivery of these projects has been impacted by the coronavirus (COVID-19) pandemic, says GlobalData. Somik Das, Senior Power Analyst at GlobalData, comments: “Before the pandemic, these plants were expected to be supplied with modules by the […]

Power

France supports clean energy sector despite COVID-19, says GlobalData

This month, the French Ministry of Ecological and Inclusive Transition awarded 960MW of solar photovoltaic (PV) capacity through different tenders, and a total of 288 PV and wind projects have been allocated. These measures show that the French Government is doing all it can to ensure that the renewable energy sector receives the adequate support […]

Power

DJ Basin yet another victim of price war, says GlobalData

The oil price war has forced operators in the DJ Basin to drop rig count by 40% and reduce capital expenditure (capex) by US$ 384 million in 2020. By assessing the readjustment of capex for nine companies that account for approximately 75% of total DJ Basin production, leading data and analytics company GlobalData estimates a […]

Power

Coronavirus pandemic delays Portugal’s solar plans, says GlobalData

Following the news that Portugal has post-poned its 700MW auction until the market is less turbulent; Somik Das, Power Analyst at GlobalData, a leading data and analytics company, offers his view: “In a major blow to the nation, the coronavirus (COVID-19) pandemic has caused more than 4,200 deaths, which has made the market unpredictable. “That the […]

Power

Coronavirus pandemic disrupts the global solar PV supply chain, says GlobalData

The disruption caused by the coronavirus (COVID-19) pandemic on Chinese solar photovoltaic (PV) manufacturing companies has prompted a major jolt on the global solar PV supply chain. The resulting shortage of PV components is disrupting the industry at a global level, says GlobalData, a leading data and analytics company. Somik Das, Senior Power Analyst at […]

Power

EU’s response to coronavirus could set it up for long-term success, says GlobalData

Following the news that the EU council will not abandon the principles of the Green Deal in its fiscal response to the coronavirus (COVID-19) pandemic; Ella Benson Easton, Thematic Analyst atGlobalData, a leading data and analytics company, offers her view: “Integrating the green transition and digital transformation into Europe’s economic recovery could be crucial for […]

Power

Coronavirus pandemic expected to slow down wind industry in China, says GlobalData

The outbreak of the novel coronavirus (COVID-19) pandemic has led to a slowdown of economic activities in China and the wind power industry will be no exception, says GlobalData, a leading data and analytics company. China has the largest installed wind power capacity with its in excess of 230GW contributing to more than 35% of […]

Power

Global gas flaring value approaches US$24bn a year if priced at European prices, says GlobalData

Ten countries produced 80% of all flared gas, and their forgone revenue from failing to monetize the gas constituted over US$19bn in 2019, according to leading data and analytics company GlobalData. Algeria, Angola, Indonesia, Iran, Iraq, Libya, Nigeria, Russia, the US and Venezuela represent the key global flarers of associated natural gas. Anna Belova, Senior […]

Power

Netherlands doubling green energy subsidies will make CO2 reduction target feasible and affordable

The Dutch Government plans to double the green energy subsidies to €4bn in 2020, from a previously planned €2bn to meet its promise to cut CO2 emissions. The 2020 Sustainable Energy Production (SDE+) spring budget will make the CO2 reduction target feasible and affordable, says GlobalData, a leading data and analytics company. The Dutch Climate […]

Power

RWE AG announces its year end results with big plan on renewable expansion

Following the announcement of strong results by German energy major RWE AG for the financial year ending 2019, Mohit Prasad, Project Manager at GlobalData, a leading data and analytics company, offers his view: “RWE AG’s EBITDA witnessed a jump of around 61% from €1,538m in 2018 to €2,489m in 2019, mainly due to a strong […]

Power

EV manufacturers joining hands with utilities to set up charging stations in India to fuel EV market growth, says GlobalData

The Electric Vehicle (EV) manufacturers in India are adopting the strategy of collaborating with utility companies in order to provide charging solutions to their customers. In line with this approach, Jaguar Land Rover (JLR) has recently entered into a partnership with Tata Power to set up and provide EV charging solutions at 27 outlets of […]

Power

Oil price crash could accelerate the planned privatization of Gulf utilities, says GlobalData

The collapse of oil prices in March triggered by the coronavirus (Covid-19) pandemic is putting renewed pressure on the finances of the Gulf states and could provide a tipping point for governments to take decisions on power and water privatization plans that have been in the works for several years, says GlobalData, a leading data […]

Power

Subsidy ban removal on onshore wind could accelerate UK’s progress in achieving net-zero carbon emissions

The UK’s move towards lifting the subsidy ban for onshore wind farms will provide new impetus for the growth of the onshore wind market. Since the introduction of the ban in 2015, investments and the development of new farms have declined significantly. In view of the UK’s decarbonisation goal, the commercial deployment of a range […]

Power

RWE and Saitec’s pilot project, a global innovation to push the floating wind farm market, says GlobalData

Offshore wind is expected to play a key role in achieving the EU’s climate and renewable energy targets but design limitations have resulted in foundation-based offshore wind farms being built in relnoteatively shallow waters. RWE Renewables (RWE) recently partnered with Saitec Offshore Technologies (Saitec) to develop a floating platform for offshore wind turbines. This deal […]

Power

Europe expands offshore leadership in 2019 by adding 3.6GW of new capacity

Europe has expanded its offshore leadership by adding 3.6 gigawatt (GW) of new commissioned capacity in 2019, bringing the total offshore wind installed capacity at the end of 2019 to above 22GW, according to GlobalData, a leading data and analytics company. Spreading across 12 European countries, the UK holds the largest share with 9.9GW of […]

Power

Taiwan marching towards record installation of 20GW solar PV by 2025, says GlobalData

Taiwan, which joined the gigawatt (GW) solar PV market club in 2019, is well set to ramp up its solar PV deployment exceeding 2GW annually in coming years to march towards the goal of 20GW in 2025, says GlobalData, a leading data and analytics company. The country installed 1.6GW of new Solar PV capacity to […]

Power

US DOE to fund support for clean coal research as coal-fired plants retire at near-record pace

The cumulative coal capacity declined from 342.30 gigawatts (GW) in 2010 to 257.14GW in 2019 at a negative compound annual growth rate (CAGR) of 1.4% between 2010 and 2019. Furthermore, 5.8GW of US coal capacity is scheduled to retire in 2020 and three-quarters of new generating capacity will be from renewable energy, according to GlobalData, […]

Power

Coronavirus outbreak to impact India’s Sterling and Wilson power business and revenue, says GlobalData

Sterling and Wilson, one of the leading India-based engineering, procurement and construction (EPC) players in the power sector, recently issued a statement that the spread of coronavirus in China will have an impact on its business in the short-term. Some of the company’s critical suppliers have stopped production, which is expected to commence only by […]

Prev 1 … 18 19 20 21 22 … 24 Next

Tesvolt confident of continuing operations amidst COVID-19 pandemic, says GlobalData

Despite layoffs amid COVID-19 pandemic, Sunrun remains positive, says GlobalData

COVID-19 pandemic threatens to hamper India’s solar energy plans, says GlobalData

France supports clean energy sector despite COVID-19, says GlobalData

DJ Basin yet another victim of price war, says GlobalData

Coronavirus pandemic delays Portugal’s solar plans, says GlobalData

Coronavirus pandemic disrupts the global solar PV supply chain, says GlobalData

EU’s response to coronavirus could set it up for long-term success, says GlobalData

Coronavirus pandemic expected to slow down wind industry in China, says GlobalData

Global gas flaring value approaches US$24bn a year if priced at European prices, says GlobalData

Netherlands doubling green energy subsidies will make CO2 reduction target feasible and affordable

RWE AG announces its year end results with big plan on renewable expansion

EV manufacturers joining hands with utilities to set up charging stations in India to fuel EV market growth, says GlobalData

Oil price crash could accelerate the planned privatization of Gulf utilities, says GlobalData

Subsidy ban removal on onshore wind could accelerate UK’s progress in achieving net-zero carbon emissions

RWE and Saitec’s pilot project, a global innovation to push the floating wind farm market, says GlobalData

Europe expands offshore leadership in 2019 by adding 3.6GW of new capacity

Taiwan marching towards record installation of 20GW solar PV by 2025, says GlobalData

US DOE to fund support for clean coal research as coal-fired plants retire at near-record pace

Coronavirus outbreak to impact India’s Sterling and Wilson power business and revenue, says GlobalData

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