TAG: "BloombergNEF"

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India Surges Past US, Germany to Lead Global Wind Market Outside China in 2025

India has installed record 6.3 GW wind capacity in 2025, up 85 percent, overtaking US and Germany. Growth driven by hybrid auctions, delayed projects, and rising domestic manufacturing strength.

BloombergNEF | April 22, 2026 | By EI News Network |  952

Sungrow Tops BloombergNEF 2025 Inverter Bankability Survey, Secures No.1 Spot for Sixth Time

Sungrow has announced that the company has been ranked the world’s most bankable inverter brand in BloombergNEF’s 2025 survey, securing the top position for the sixth time with 100 percent recognition.

BloombergNEF | March 26, 2026 | By Mrinmoy Dey |  584

India to Overtake US as World’s Second-Largest Solar Market in 2026

India will surpass the US as the world’s second-largest solar market in 2026, adding over 50 GW, even as global solar installations decline due to slowing growth in China.

BloombergNEF | January 15, 2026 | By EI News Network |  3114

Huawei Digital Power Listed on BNEF Tier 1 for Inverters and Storage in Q2 2025

Bloomberg New Energy Finance (BNEF) announced the Global Tier 1 Power Inverter Manufacturer and Global Tier 1 Energy Storage List 2Q 2025，Huawei Digital Power once again named on the two lists with its globally leading smart photovoltaic inverter, energy storage products and rich practical applications.

BloombergNEF | July 02, 2025 | By News Bureau |  1969

India's Clean Power Auctions Hit 59 GW in 2024, Doubling for Second Year

India’s annual clean power auctions grew 2.3 times to reach 59 gigawatts (alternating current) in 2024. This was the second consecutive year in which India more than doubled its annual renewable auction volumes.

BloombergNEF | March 11, 2025 | By News Bureau |  2714

Solar, Wind, and Battery Costs to Drop in 2025: BNEF

Global renewable energy costs will decline 2-11 percent in 2025, with solar, wind, and battery storage becoming even cheaper. China’s manufacturing dominance drives the trend, despite rising trade barriers. BNEF projects 22-49 percent cost reductions for clean technologies by 2035.

BloombergNEF | February 08, 2025 | By EI News Network |  4510

Trina Storage Secures Top Spot in BNEF's 'Energy Storage System Cost Survey 2024'

Trina Storage's consistent ranking in the top tier reflects its strong market position and the high confidence the capital market has in its system integration solutions and their bankability.

BloombergNEF | January 04, 2025 | By News Bureau |  1642

24/7 Carbon-Free Electricity Could Propel APAC's Energy Transition, Says BloombergNEF

BloombergNEF's latest report highlights how enabling 24/7 carbon-free electricity procurement in Asia-Pacific can unlock crucial investments, accelerate decarbonization, and support corporate sustainability goals, calling for regulatory reform and enhanced grid planning to drive clean energy adoption.

BloombergNEF | November 26, 2024 | By EI News Network |  2557

India Needs to Triple Solar and Wind Capacity to 494 GW by 2030 for Net Zero, Reckons BNEF Report

BloombergNEF's New Energy Outlook report for India emphasises the need for India to rapidly scale up its renewable energy capacity to achieve its decarbonisation targets and remain aligned with the Paris Agreement's climate goals.

BloombergNEF | September 06, 2024 | By EI News Network |  2692

Why Green Hydrogen Struggles to Find Buyers

Despite its promise as a carbon-free fuel, green hydrogen projects struggle due to a lack of binding purchase agreements, high costs, and infrastructure challenges, hindering their commercial viability, says BloombergNEF

BloombergNEF | August 14, 2024 | By EI News Network |  2147

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Interviews

Sungrow is Targeting 60 GW+ Milestone in India: Harendra Tomar

Harendra Tomar, Leader- Business Development at Sungrow

BloombergNEF | February 05, 2026 | By News Bureau |  813