Crisis in the Global Solar Market: Oversupply, Plummeting Prices, and Recent Bankruptcies

The global photovoltaic (PV) market is currently grappling with a severe crisis characterized by oversupply, plummeting prices, and widespread financial losses, contrasting sharply with its previous status as a beacon of renewable energy. According to BloombergNEF’s 3Q 2024 Global PV Market Outlook, despite an anticipated 33% increase in installations reaching Read more…

The Role of Regulatory Challenges in the Bankruptcy of Solar Energy Companies: Lessons from Global and Indian Failures

The solar energy industry, celebrated for its promise of delivering a sustainable future, has experienced impressive growth over the past few decades. However, this growth has been coupled with numerous challenges, particularly in the regulatory domain. Regulatory issues have played a significant role in the financial downfall of several solar Read more…

Climate Change and Conflict: A Deeper Look at the Ukraine-Russia Crisis

As climate change continues to exacerbate global challenges, its relationship with conflict is becoming more evident. In particular, the ongoing Ukraine-Russia conflict provides a telling illustration of the complex interplay between climate change and political instability. Understanding Climate-Conflict Connections Climate change, in itself, does not directly trigger conflict. However, it Read more…

Powering the Future: SECI’s Auctions for Solar Plus Storage and Promoting Energy Storage in India

The integration of energy storage technologies with renewable energy projects has emerged as a game-changer in India’s quest for clean and sustainable power. The Solar Energy Corporation of India (SECI) has been at the forefront of driving this transformation through its auctions for solar plus storage installations and round-the-clock renewable Read more…