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Key Takeaways from Renewable Energy India 2019October 02, 2019Renewable Energy India (REI) Expo - is the leading event in India for the complete solar supply chain. The scale of the event provides a crucial overview of the respective industries and the current market status in India. After attending the show, the IHS Markit Solar and Energy Storage analyst team has summarized the major findings from the event. Please log in to view the full analysis.Subscribers Only
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Grid-Connected Energy Storage Market TrackerAugust 28, 2019The IHS Grid-Connected Energy Storage Market Tracker provides detailed analysis and forecasts of this fast-growing market. The market is segmented by siting, by region and by technology, with forecasts until 2025 presented for all major market segments. The forecasts are updated twice per year.Subscribers Only
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Highlights from EES Europe 2019June 28, 2019The IHS Markit analyst team attended SmarterE 2019 in Munich featuring EES Europe. While the core European front-of-the-meter markets stagnate, new geographic opportunities emerge, and behind-the-meter energy storage deployment accelerates. Battery safety is becoming a key concern for industry stakeholders.Subscribers Only
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Energy Storage in Mini-Grids Report - Sub-Saharan Africa - 2019Mini-grids with battery energy storage are an increasingly attractive electrification solution for rural communities and businessesJune 20, 2019This reports provides an analysis of the potential for battery energy storage in mini-grids in Sub-Saharan Africa, for rural communities and for remotely located commercial and industrial businesses.Subscribers Only
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Energy Storage Market Report - Middle East - 2019Front-of-the-meter storage installations are showing the most promise in the region, driven by growing solar PV marketsApril 29, 2019is report provides analysis of the battery energy storage potential in the Middle East, including a review of the current market, drivers for new installations, relevant applications and overall market attractiveness.Subscribers Only
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Renewable Energy India ExpoSeptember 18-20, 2019 | Delhi, IndiaIHS Markit will be at Renewable Energy India Expo.
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Highlights from Energy Storage Europe 2019April 08, 2019Summary: Members of the IHS Markit energy storage team attended ‘Energy Storage Europe’ in Düsseldorf on 12-14 March 2019. The major trends identified at the event included continued uptake in the commercial and industrial sector; potential new business models for storage to support the integration of electric vehicle (EV) fast-charging; as well as the emergence of opportunities in new European markets.Subscribers Only
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Ofgem’s Targeted Charging Review will significantly affect the business case for behind-the-meter storage in the United KingdomFebruary 12, 2019On 4 February 2019, Ofgem closed its Targeted Charging Review (TCR), a consultation published in November 2018 on changing the method for recovering transmission and distribution network costs. With implementation expected from 2021, IHS Markit believes that the long-term business case for behind-the-meter storage will have to adapt as the benefit of lowering consumption during peak electricity demand periods, including Triads, will reduce.Subscribers Only
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Highlights from World Future Energy Summit, Abu DhabiJanuary 25, 2019On 14 to 16 January 2019, IHS Markit analysts Josefin Berg and Tala Bassil attended the World Future Energy Summit in Abu Dhabi. The show was well attended with the major companies that target the region’s renewable power sector, as well as those looking at water, electric vehicles, waste etc. This insight provides some of the key themes of the event.Subscribers Only
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Highlights from Battery and Energy Storage 2018December 21, 2018On the 4th and 5th December, members of the energy storage team attended the second year of ‘Battery and Energy Storage’ in Warwick, United Kingdom. Stationary energy storage, EVs and battery technology were hot topics.Subscribers Only
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South Africa’s Eskom looks to deploy 360 MW / 1,440 MWh of battery energy storage by 2021, exemplifying the growth opportunities and challenges for storage across the continentNovember 13, 2018On 23 October, 2018, Eskom, South Africa’s state-owned utility, announced plans to develop 360 MW / 1,440 MWh of battery energy storage across 90 sites by 2021.Subscribers Only
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IHS Markit Analyst Availability: Electronica, München, GermanyOctober 22, 2018For journalists who follow the latest news and trends in consumer electronics, IHS Markit analysts will be available for commentary ahead of and onsite at IFA 2018 in Berlin, Germany, from August 31 to September 5, 2018.
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Commercial & Industrial PV Report - India - 2018October 09, 2018This report takes a closer look at the drivers, opportunities, constraints and the competitive landscape of the Indian market for commercial and industrial PV plants. Despite the attractiveness of PV in many segments, there are many challenges that will hold back India from reaching its 40 GW rooftop PV target by 2022.Subscribers Only
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UPDATE 14 August - Few clear winners and many questions as India imposes safeguard duty on solar PV importsAugust 14, 2018UPDATE: On 13 August India’s Ministry of Finance released a statement, which directs All Principal Chief Commissioner/Chief Commissioner of Customs and Central Excise & GST, not to charge Safeguard Duty for the time being. This statement has been released to be in compliance with interim directions issued by the High Court of Odisha in written petition number 12817 of 2018. This decision means that PV modules and cells can for the time being enter India without any safeguard duty. Importers are however requested to sign a letter that obliges them to retroactively pay if the government re-instates the duties. The temporary halt to the safeguard duties improves the outlook for those companies seeking tariff exemptions for awarded projects, and for manufacturing in SEZs (see below). Near-term it means that shipments already heading to India can be cleared without duty (for now). New orders will depend on the confidence that developers and manufacturers have in the government's ability to approve the requested exceptions. IHS Markit assesses that it will take at least a month for the issue to be settled.
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PV Inverter Report - India - 2018June 19, 2018This is the first edition of the IHS Markit report on the India PV inverter industry, providing detailed forecasts and analysis of demand for PV inverters in India, and a comprehensive review of the challenges that face PV inverter suppliers in India.Subscribers Only
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Solar tenders gaining pace in India in 2018April 23, 2018In the first quarter 2018, the pace of tender announcements in India has picked up after a slow end of 2017.Out of 6.55 GW of PV tenders announced in the first three months of 2018, 2.58 GW were awarded to developers through reverse bidding. The remaining capacity will be awarded in the second quarter. This is a significant increase compared to the fourth quarter of 2017, when only 1.37 GW of tenders were awarded.Subscribers Only
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Safeguard duty investigation on PV imports clouds India outlookFebruary 14, 2018While anti-dumping measures are evaluated in India (see insight India anti-dumping duties petition adds on to PV module procurement woes) with the verdict expected by the second half of 2018, on 19 December 2017, India notified the WTO's Committee on Safeguards of a safeguard investigation on solar cells, whether or not assembled in modules or panels. In early January, the Directorate General of Safeguards (DGS) proposed a Provisional Safeguard Duty (PSD) of 70% on PV cells and modules from China and Malaysia, and possibly also Taiwan and Singapore, for 200 days.
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IHS Teardown Methodology - Producing the Best "Should Cost" EstimateFebruary 02, 2018A "Teardown" is a dis-assembly of a device to gain knowledge of the discrete parts. IHS Markit goes further to estimate the "should cost" of components to the manufacture for mature products. The purpose of IHS Markit teardowns is to support customer's quests to understand cost at a component, feature, function, and total device level.Subscribers Only
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India anti-dumping duties petition adds on to PV module procurement woesNovember 22, 2017In June 2017, a group of Indian module manufacturers filed a petition for anti-dumping duties (ADD) against foreign PV module suppliers. Jupiter Solar Power, Indosolar Limited and Websol Energy has filed the petition with the help of Indian Solar Manufacturers Association (ISMA). In reaction to the petition, the Directorate General of Anti-Dumping and Allied Duties (DGAD) opened an investigation in July against imports from China, Malaysia and Taiwan. DGAD has also released the list of suppliers who will be investigated during the on-going process. From China, it includes BYD, Canadian Solar, Hengdian, Hanwha Q Cells, JA Solar, Risen, Suntech, Shunfeng, Trina Solar, and Tongwei Solar. From Taiwan, it includes Solartech and Motech. From Malaysia, it includes First Solar Malaysia, Jinko Solar, TS Solar Tech, Panasonic Energy Malaysia, and JA Solar Malaysia. The investigation is expected to complete by mid or end of 2018. If the investigation results in increased module prices, many planned PV projects under low tender tariffs will be at risk delay, potentially slowing the growth of the market.Subscribers Only
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Global Infrastructure Partners expanding in APACNovember 09, 2017Amid rising module prices and rock bottom solar tariffs in India, mergers and consolidations of renewable energy companies are taking place. Last year, Tata Power acquired Welspun Renewables, which became one of the biggest acquisitions within the Indian PV market. Last week, Global Infrastructure Partners (GIP) announced the acquisition of Equis Energy, with important assets in India. Equis Energy is an Independent Power Producer (IPP) company. GIP will be acquiring 100% of Equis Energy for USD 5.0 billion, including assumed liabilities of USD 1.3 billion. The transaction is expected to be completed no later than at the end of Q1 2018. This is one of the largest acquisitions within the renewable energy industry to date.Subscribers Only
