Analyst IHS Markit has predicted storage will rebound this year following its first year-on-year decline in 2019. The technology is being rolled out at pace despite Covid-19 with state-level policies set to keep the US the global capital for the next five years.

The Italian utility, fresh from securing its first 300 MW of PV generation capacity in the recent, record-setting tender held by SECI, has teamed up with the state-owned Norwegian Investment Fund to commit to further clean energy facilities in India.

A 2 GW tender conducted by the Solar Energy Corporation of India has reportedly concluded with prices of Rs2.36-2.38/kWh, according to a tweet which emerged this afternoon.

With electric vehicles starting to gain traction, the International Energy Agency’s updated, ten-year e-mobility forecast has suggested geopolitical and economic concerns will trump environmental niceties when it comes to encouraging recycling. But what price ever-cheaper batteries?

An Ieefa report has suggested the cost of generating electricity from solar will be near zero in the world’s sunniest regions by 2030-40 – despite what the naysayers at the International Energy Agency might think.

EV sales are set to be 1.7 million off because of the economic fallout of the Covid-19 crisis, however analyst BloombergNEF predicts that will be less of a hit than the anticipated fall in sales of conventional cars, increasing the penetration of electric models into the overall market.

A study by the International Energy Agency into the chilling effect of the Covid-19 pandemic on energy demand states renewables will be ‘the only energy source likely to experience demand growth for the rest of 2020’. The slower the economic recovery, the more the fossil fuel industry will suffer.

The Climate Investment Platform launched by three multilateral bodies in September is now open for business and renewables companies in developing nations across 14 regions including south Asia could qualify for help with clean energy facilities, renewables-related grid improvements and energy efficiency schemes.

Consultancy Bridge to India has looked into its crystal ball to predict India will add 10 GW of solar capacity this year and the same next year before deployment slows to 7 GW per year in 2022 and 2023, dogged by hurdles such as an inexplicable ongoing demand for new coal-fired power plants.

The New Delhi-based developer posted a Rs136 crore loss from October to the end of December but has managed to shift current liabilities into the long grass as it aims to continue on an expansionist trail, backed by the Canadian pension fund which holds almost half its shares.