Power Ministry’s 5-Year Action Plan Bodes Well for Renewables but with Conditions

The Ministry of Power and MNRE have presented their 5-year plan charting the way forward for the country’s power sector. The Power Ministry and the Ministry of New and Renewable Energy (MNRE) recently presented the 5-year action plan (vision document) for the two ministries, charting the way forward for the country’s power sector. Aiming at […]

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US Renewables to Outpace Coal for Entire 2Q of 2019

Utility-scale renewables in the US have been predicted to will generate more electricity than coal through the entire second quarter of 2019 According to a new analysis, utility-scale renewables in the U.S. generated more electricity than coal for the first time in April, and the trend will likely persist through the entire second quarter of […]

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Xcel Energy Plans to Retire 2 Coal Plants Under Clean Energy Transition

Minneapolis-based energy utility, Xcel Energy has announced that it plans to retire its last two coal plants in the Upper Midwest a decade earlier than scheduled. The acceleration of the coal closures is another milestone in the company’s clean energy transition that includes expanding wind and solar, using cleaner natural gas and operating its carbon-free […]

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Global Energy Investment Stabilised in 2018 with Oil & Coal Supply Bouncing Back

A new report has revealed that the global energy investment stabilised in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables. The International Energy Agency’s latest annual review, published in its World Energy Investment Report 2019, reported a […]

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South Korea Steps Away From Coal and Towards Renewables

The South Korean Ministry of Trade, Industry and Energy has tabled a new draft energy master plan that increases the nation’s ambition to move away from coal and towards renewable energy. The South Korean Ministry of Trade, Industry and Energy has tabled a new draft energy master plan that increases the nation’s ambition to move […]

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Solar will Become More Competitive than Coal by 2040: IEA

IEA also said in the report that Renewable energy has surpassed fossil fuels worldwide as the main source of new electricity generation. Power generation using solar energy will be more competitive than that via coal before 2040, International Energy Agency (IEA) has predicted in its World Energy Outlook 2018 report. IEA also said in the […]

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World Saw Largest Rise in Renewable Energy Capacity in 2017: Report

Both energy demand and energy-related carbon dioxide emissions rose substantially for the first time in four years. In the power sector, the transition to renewables is underway but is progressing more slowly than is possible or desirable. The global power generating capacity has seen an exceptional rise in 2017 and the main source of the […]

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Campaigns to Raise Awareness of Solar Energy Important, says Manipur Dy CM

Manipur Deputy Chief Minister Yumnam Joykumar Singh said that the public awareness campaigns are necessary and should be initiated to raise the awareness about the importance of solar energy. In order for any project to be successful, public awareness is really important, and that is true for solar energy and its importance in the country […]

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India to Have Second Largest Power Capacity in Asia This Year

A consultancy firm based out of London, BMI research has predicted that India will soon overtake Japan in terms of power capacity. The report further added that by the year 2020 there are chances that India has potential to overtake US in terms of energy production. India is home to states like Tamil Nadu that […]

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