Covid-19

Xinyi Solar has posted bullish annual figures on the back of an astonishing rebound in the global market following Covid travails at the start of 2020. There is one national market, however, which has not been invited to the party.

The nation is going to make great strides in new utility-scale solar installation this year after adding just about 2.6 GW in 2020.

A new report says the United States and India have an opportunity to partner to catalyze foreign institutional investment in India’s green transition. It lays out what such a partnership should look like and how it would benefit both countries and the world.

The new solar capacity addition during the third quarter of FY 2020-21 was way above 928 MW installed in the previous quarter (July-September). 

Falling module prices will help PV post another record year after an estimated 132 GW was installed worldwide in 2020, according to an energy transition investment trends report published by Bloomberg New Energy Finance.

The private-sector arm of the World Bank, which claims to leverage $3 of its own capital and $8 from third parties for every dollar invested in its blended finance funds, has attempted to quantify what devoting Covid recovery funds to green investment would mean for emerging economies.

A report by McKinsey & Company reinforces the widely-held view renewables will supplant fossil fuels in the energy system but also joins the chorus of voices warning the world is on track to fall well short of limiting global temperature rises this century to 1.5C.

The capacity addition during FY 2020-21’s first eight months ending November is 38% lower year-on-year as the pandemic-led disruptions constrained new project development.

Simarpreet Singh, director at EPC firm Hartek Group, speaks to pv magazine about the impact of the Covid pandemic on the rooftop solar sector, technology trends shaping the market, and the outlook for 2021.

India’s new solar capacity addition was badly hit due to the pandemic. The nation installed just 2.32 GW during the first nine months of the year. However, there was a silver lining too!