Renewable Investments In Africa Need To Grow 5 Times: Report

A new report by think tank Climate Analytics finds $8 trillion of investment is needed for new renewables and $4 trillion for grid and storage infrastructure to deliver the 2030 tripling goal agreed at COP28 – or combined, $2 trillion a year on average. Using climate finance to mobilise $100 billion a year for the […]

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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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BUDGET: Solar Industry Wants Funds For RTS, Lower GST On Equipment

As Union Finance Minister Nirmala Sitharaman is all set to announce the Union Budget today in Lok Sabha, the solar industry is anticipating several announcements for the sector. Several industry experts anticipate announcements that could support the industry. However, most of the solar industry experts who spoke on the issue talked about reduced taxes for […]

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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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SunSource Commissions 75 MW Open Access Solar project iIn Karnataka.

Noida-based solar & storage solution provider company SunSource Energy recently announced the commissioning of the first phase of their 75 MW Open Access Solar project in Karnataka. They shared the news on their social media platform. In the post they mentioned, ‘SunSource Energy team is pleased to share that we have successfully commissioned and inaugurated […]

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American Firm AES Completes Construction of 3.5 GW Of Renewables

America-based global cleantech company AES Corporation announced the completion of 3.5 GW of renewables projects in 2023, nearly doubling the capacity constructed compared to 2022. “In 2023, AES Corporation completed the construction of 3.5 GW of new renewables. This construction milestone represents a new record and a growth rate of nearly 100% over 2022. Including […]

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Indian Railways Floats RTC Tender For 695MW Of Renewable Power

The Indian Railways has now floated a tender, seeking developers to supply 695 MW of Round-the-Clock (RTC) power from grid-connected Renewable Energy. The Railway Energy Management Company Limited floated the tender on behalf of the Indian Railways. “REMC Ltd., for and on behalf of Indian Railways, invites bid in single stage two packet system for […]

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UP Set To Emerge As The Solar Energy Hub Of India: UPNEDA

With close to 125 projects at an estimated outlay of Rs 1 lakh crore in the pipeline in the field of clean energy, Uttar Pradesh is well in line to meet 40 percent of the state’s energy requirement through solar and alternate sources. Of these, four large solar projects worth Rs 35,000 crore will be […]

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Average Power Supply In Rural India Touched 20.6 Hours: RK Singh

The Ministry of Power (MoP) data on power availability within the power sector showcased a growth trend in 2023. Union Power Minister RK Singh said that several reforms in the power sector brought several positive results, including reduced AT&C (Aggregate Technical and Commercial) losses.  “The AT&C losses in the power sector went down to 15.41% (provisional) […]

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