Fossil Fuels

Solar, Wind Provide Almost 50% of Electricity Globally by 2050, says Report

The report further added that, “By 2050, we expect only 29 percent of the electricity production worldwide to result from burning fossil fuels, down from 63 percent today.” The solar and wind technology will account for almost half of the total electricity globally, according to the Bloomberg New Energy Finance (BNEF). Of this, hydro, nuclear […]

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Fossil Fuels Dominance Shrank on Renewables’ Cost Reduction, Says BNEF

The report on the levelized cost of electricity (LCOE) for all the leading technologies states that fossil fuel power is facing an unprecedented challenge in all the three roles it performs in the energy mix – supply of ‘bulk generation’, supply of ‘dispatchable generation’, and provision of ‘flexibility’. After significant reduction in the cost of wind, solar […]

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International Solar Alliance, India’s Brainchild is Powerful Catalyst

The alliance will provide these nations a voice and act as a platform to share experiences and narrow technological gaps through cooperation and increased engagement between Governments, businesses and the citizenry. On March 11, the heads of around 40 countries came in India for the first official summit of the International Solar Alliance (ISA), a […]

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Reliance Aims To Become Big Clean Energy Provider: Ambani

Reliance chairman said in the coming decades, the world will see a transition from fossil fuels to clean, green and renewable energy sources. India’s Reliance Industries Ltd will become a major provider of clean energy in the country, Chairman Mukesh Ambani said, as the South Asian nation transitions to renewable energy sources from fossil fuels. […]

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How Solar will cash ‘Energy’ for Mankind – Analysis

The Sun is approximately half way through the most stable part of its life. Date back to the past four billion years, it hasn’t changed dramatically and believe that it will remain fairly stable for another four billion years. An energy which is generated from the sunlight (Sun) today is also well accepted by ‘solar […]

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