Solar

Lack Of Climate Finance Hindering Global Renewable Deployment: IRENA

The recent report on energy transition and climate finance released by the International Renewable Energy Agency (IRENA) underscores the pivotal role of the energy sector in reducing emissions, particularly in light of the updated Nationally Determined Contributions (NDC) targets. The study reveals that 90% of participating parties have identified renewable energy generation as a key […]

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India’s Renewable Energy Generation Dips With Slump In Wind Power

A comparison of monthly renewable energy generation data released by the Central Electricity Authority (CEA) claimed that India’s monthly renewable generation (including hydro) dipped in October this year.  As per the latest available report of the CEA, India’s total renewable energy generation stood at 17.9 percent. During the month, the country generated a total of […]

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Behind China’s Global Renewable Leadership

Wood Mackenzie, in its latest projection finds that China is currently on target to reach its 230 gigawatts (GW) of wind and solar installations target this year. With this, the report claims that, China leads the global renewables market. This is more than double the number of US and Europe installations combined, according to latest […]

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EU Action Plan Proposes 40% Investment In Electricity Grids Till 2030

The European Union (EU) Commission released an ‘Action Plan’ which supports the European Green Deal. The Commission’s proposed action plan aims at supporting the Europe’s electricity demand, which is expected to increase by 60% till 2030. The prosed system is expected to help deliver a digitalized, decentralized and flexible system. It claims to accommodate millions […]

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Tamil Nadu Exempts 50% Of Rooftop Solar Network Charges For MSMEs

The Tamil Nadu Electricity Regulatory Commission (TNERC), in its latest order, approved the directive of the state government to waive off 50 percent of the network charges for rooftop solar consumers in the MSME sector.   Earlier, the government on November 11 had announced the move during the State Assembly session. The government, in its order, had […]

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OREDA Issues Bid For Rooftop Solar, Allows Virtual Net-Metering

The Odisha Renewable Energy Development Agency (OREDA) issued a tender seeking solar energy generators for installing rooftop solar systems under RESCO model. Under the model, the solar energy generator will install the rooftop solar systems in government buildings on and will charge the government rentals for their services.  As per the tender documents, the interested […]

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Remove Fossil Fuel Subsidy To Meet 2030 RE Targets: BloombergNEF

A latest report from BloombergNEF on the issue of global renewable targets claimed that solar is on track for what’s needed to achieve the 2030 target. The report highlighted that the world needs to reduce subsidies in fossil fuels to boost the growth of renewables. This comes at a time when several global leaders are […]

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Odisha Plans To Boost Solar-Based Cold Storages, Issues Tender

The Odisha Renewable Energy Development Agency (OREDA) has issued a tender seeking developers to commence 38 solar cold storages in different parts of the state. As per the tender details, each solar-powered cold storage should have a capacity of around 10 Metric Tonnes (MT).  OREDA asked the interested parties to submit their bids online by December 20 […]

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EU’s Net Zero Industry Act Set To Boost Technology Production In Europe

The European Union, (EU) Parliament, recently adopted legislation to bolster Europe’s manufacturing output in technologies for decarbonisation. The announcement of the “Net-Zero industry act” has sets the target for Europe to produce 40% of its annual deployment needs through net-zero technologies by 2030. The new legislation of the EU is based on National Energy and […]

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