Special Features - SmartEnergy

Challenges & Opportunities in Global PV Supply Diversification

26May

By Editorial TeamNo Comments

Challenges & Opportunities in Global PV Supply Diversification

Solar PV is a crucial pillar of clean energy transitions worldwide, underpinning efforts to reach international energy and climate goals. Over the last decade, the amount of solar PV deployed around the world has increased massively while its costs have declined drastically. Putting the world on a path to reaching net zero emissions requires solar PV to expand globally on an even greater scale, raising concerns about security of manufacturing supply for achieving such rapid growth rates – but also offering new opportunities for diversification. Solar PV Manufacturing today The Current Status of Global PV Supply Chain A major geographical shift has occurred in solar PV manufacturing capacity and production over the last decade. China has strengthened its leading position as a manu...

Shifting Gears: Analysis of the Electric Vehicle (EV) Industry in India

26May

By Editorial TeamNo Comments

EV Special Features, Special Features

Shifting Gears: Analysis of the Electric Vehicle (EV) Industry in India

The India electric vehicle market size was valued at USD 1.45 billion in 2021 and is projected to grow from USD 3.21 billion in 2022 to USD 113.99 billion by 2029, exhibiting a CAGR of 66.52% during the forecast period. According to reports in public domain, India electric vehicle market exhibited a rise of 11.34% in 2020 as compared to 2019. Post the COVID 19 pandemic, the India Electric Vehicle market in India has rebounded with the cumulative sales crossing the 1 million mark for the first time in Y2022. The total units sold across all the segments reached 10, 90,641 units. Uttar Pradesh with 26.92% share dominated the EV market with maximum share in EV sales in 2022, followed by Delhi with 12.82%, Karnataka with 7.85% and Maharashtra with 7.21% market share. Among the cumulative EV...

Solar Energy Based EV Charging for Achieving Greener and Sustainable Mode of Transportation

26May

By Editorial TeamNo Comments

EV Special Features, Special Features

Solar Energy Based EV Charging for Achieving Greener and Sustainable Mode of Transportation

Many countries are aggressively pursuing electric vehicles (EVs) as one of the many ways of addressing climate change. The objective is to replace the more polluting internal combustion engine (ICE) with electric motor and battery–enabled vehicles that can reduce the carbon footprint associated with transportation. Technological innovations over the years, especially in battery technology, are driving the transition to EVs, though their adoption is still at a nascent stage. Major challenges include relatively high upfront costs, range anxiety, inadequate charging infrastructure, and considerable waiting time for recharging batteries. While upfront costs are expected to reduce in the coming years due to technological improvements and economies of scale, the planning of adequate charging in...

Investing in the Future of Solar Energy Technology

15May

By Editorial TeamNo Comments

RE Special Features, Special Features

Investing in the Future of Solar Energy Technology

The Solar PV technology is relatively new compared to other technologies used for power generation. It was in 1954 that Daryl Chapin, Calvin Fuller, and Gerald Pearson from Bell Labs developed the silicon photovoltaic cell to convert the energy from sun into power for electrical equipment. Since then the PV technology has evolved to a great extend. The PV technology has now taken center stage in addressing the issue of climate change and the world is looking at solar as an alternate source of energy to power its future. In India solar power gain traction with the launch of Jawaharlal Nehru National Solar Mission also known as JNNSM, inaugurated by the then PM of India Manmohan Singh in the year 2010 with a target to generate 20GW from solar by 2022. The target was significantly increas...