Renewable Energy Capacity

Maharashtra Leads In Providing Incentive Under The Rooftop Solar Program In 2023

The Union Minister for New & Renewable Energy and Power (MNRE) informed the parliament in a written reply to the renewable energy capacity in the country has increased by about 2.35 times in the last decade.  Among other details, the minister gives a state-wise detail of subsidies provided under various schemes to encourage new and […]

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India Closes FY23 With 12.8 GW Of Solar Additions

The March numbers for India’s power sector are finally out, and for solar especially, the slowdown seen since September has ensured that total capacity added during the year is less than Fy22. At 12.8 GW,  that has to go as a major disappointment for the sector, considering the lack of the kind of uncontrollable disruptions […]

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Government Plans For Bids Totaling 250 GW of Green Energy By March 2028

A government memo has revealed that India will be issuing tenders for the installation of 250 GW of green energy capacity in the country by March 2028. According to the Government memo, India will be inviting bids from developers for the installation of 15 GW of renewable energy capacity each in the starting two quarters […]

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Egypt’s New Energy Plans to Increase Renewable Energy Capacity by 55 GW

Egypt will soon become a significant global energy hub, according to the country’s senior authority in the field. The nation inked numerous projects in November that would increase its current solar and wind power generation by over 55 GW. Mohammed Al-Khayyat, the Chairman of the New and Renewable Energy Authority, reported that during the COP27 […]

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World’s Largest Wind Farm of 43.3 GW to Come Up in China

China is looking to establish the world’s largest wind farm, which is to come up in the city of Chaozhou that has announced ambitious plans to set up a 43.3 gigawatt facility. The 10 km long farm will operate between 75 and 185 kilometres offshore and will boast of thousands of heavy-duty turbines. Because the […]

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UAE Leads In RE Expansion In Past Decade Worldwide

The Green Fuel Index report released by ‘Compare the Market’ – an Australia-based aggregator has revealed that the United Arab Emirates (UAE) has had the largest increase of renewable energy capacity in the world in the past decade. The report has said that UAE’s renewable energy capacity swelled from a mere 13 MW in 2011 […]

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RE Capacity Addition to Grow to 11GW in FY22, Predicts ICRA

While renewable energy capacity addition reduced by 1.3 GW last year due to coronavirus-induced disruptions, ICRA expects the capacity addition to improve to 10.5-11 GW in FY22, led by a strong project pipeline of approximately 38 GW. Additionally, more than 20 GW RE projects are under the tendering phase from various nodal agencies, providing visibility […]

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India Plans to Auction 40 GW Renewables Per Year for Next 10 Years

“We have to do 350 GW in solar (to meet demand by 2030), of which 100 GW is planned till 2022. So we have to bid out at least 30 GW each year from 2020 onwards to achieve additional 250 GW.” To boost the local manufacturing and help developers of the country, India has decided […]

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