India

India’s Total Solar Energy Capacity Crosses 74 GW: CEA Data

The latest data from the Central Electricity Authority (CEA) revealed that India’s total solar capacity has surpassed 74 GW. The revelation was made in the CEA’s recent monthly installed capacity report.  The CEA report said that by the end of January 2024, India’s total solar energy capacity reached 74.306 GW. Similarly, the country’s total wind […]

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India Inches Closer To IEA Full Membership: Report

India, which first joined the International Energy Agency (IEA) family as an association country in 2017, is set to become its full-time member. Ministers from the International Energy Agency’s member countries recently announced their plans to start discussions with India on the Indian government’s request to become a full IEA member, recognising the country’s strategic […]

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Cleantech Solar Crosses 300 MW Mark in Maharashtra For C&I Segment

Cleantech Solar, a leading provider of renewable energy solutions to corporations in India and Southeast Asia, has commissioned open access solar PV projects totaling 24 MWp at its solar park in Yavatmal district of Maharashtra. Power from these projects is being procured by leading corporates on a captive basis to meet energy needs for their […]

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In 2023 China EV Witnessed 35% Rise YoY: Rystad

Rystad, an energy research and business intelligence company recently shared insights on the ongoing trend in the electric vehicle (EV) market in 2024. According to the Rystad report, “The electric vehicle (EV) market is on track in 2024 as emissions reduction targets clash with falling consumer spending amid enduring economic uncertainty.” Rystad Energy research forecasts, […]

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Yearly Review: India Added More Coal Power Than Wind In 2023

The latest analysis of the government’s monthly capacity addition reports revealed that India added more coal power than wind energy in the calendar year 2023. A comparison of the monthly installed capacity reports of the Central Electricity Authority (CEA) by Saur Energy revealed that India added 4 Gigawatt (GW) of net coal power in 2023. […]

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China To Hold 80% Wind Deployment In Asia-Pacific In Five Years: Report

A recent report by Wood Mackenzie on the renewable energy growth in Asia Pacific market stated, “Despite short-term hurdles such as cost inflation, construction delays and higher interest rates, the economics of offshore wind are improving strongly in the late 2020s. It’s supporting a strong future for the technology in Asia Pacific markets.” The Wood […]

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BUDGET: EV Sector Pins Hopes On FAME-3, Tax Revisions

With the expected culmination of the FAME-II scheme, Electric Vehicle (EV) manufacturers, battery makers and charging infrastructure developers have pinned hopes on the Union Budget 2024. The most awaited decision is on the likely announcement of the rollout of FAME-III with revised norms. The grapevine had it that the budget could turn the focus on […]

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ResponsAbility Invests USD 25mn In BluSmart EV Network

As part of its broader USD 500 million climate investment strategy aimed at actively reducing CO2 emissions in Asia, responsAbility will invest up to USD 25 million on behalf of its investors in Indian EV ride-hailing service provider-BluSmart, the firm announced. “This investment will help BluSmart expand its EV charging infrastructure across India and is […]

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India’s Renewable Energy Capacity To Reach 54% By 2047: NREL

A recent report by the United States (US)-based organization National Renewable Energy Laboratory (NREL) anticipated an increase in the share of renewable energy (RE) generation from wind and solar in India to reach 54 percent by 2047. The NREL report evaluated, “In the base scenario, investments in battery storage are economic in 2030 is expected […]

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