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Finance to Close Global Energy Access Gaps Dramatically Off-Track to Meet 2030 Targets: SEforALL

Data shows finance for coal tripled in past year, but innovative off-grid solutions and finance models offer opportunities to meet Global Goals. Finance required to close electricity and clean cooking access gaps remains dramatically short of what is needed to meet global energy goals by 2030, leaving the world’s most vulnerable people behind, according to […]

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Piyush Goyal Gets Top Prize in Energy Policy

As former Minister of Power and Renewables, Goyal fast-tracked the electrification of 18,000 remote villages in India—bridging the country’s vast energy divide. The Kleinman Center for Energy Policy bestowed its highest award ‘Carnot Prize’ to Piyush Goyal, India’s former Minister of Power and Renewables and current Minister of Railways and Coal. As former Minister of […]

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Egypt Could Meet Over 50% Electricity Demand via Renewable Energy: IRENA

The Egypt Renewable Energy Outlook report finds that pursuing higher shares of renewable energy could reduce the country’s energy bill by up to USD 900 million annually in 2030. Egypt has the potential to generate up to 53 per cent of its electricity from renewable sources by 2030, according to a new report by the International Renewable Energy Agency (IRENA). The Egypt Renewable Energy Outlook report finds that pursuing higher shares […]

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India May Achieve 76% of Renewable Energy Target by 2022, says Report

Nonetheless, the government’s commitment and support towards renewables remain strong. One of the world’s leading research and consultancy group Wood Mackenzie in its report said that India may achieve about 76 per cent of the target of having 175 GW of renewable power generation capacity by the scheduled date of 2022 as it faces myriad challenges. […]

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India brings the world together to discuss Renewable Energy; global community applauds India’s Role

2nd Global Re-invest 2018 a resounding success The Ministry of New and Renewable Energy hosted the First Assembly of International Solar Alliance (ISA), 2nd Indian Ocean Rim Association (IORA) Energy Ministerial Meet, 2nd Global RE-Invest Meet & Expo that concluded today at the India Expo Mart in the National Capital Region. The three events were […]

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India to Fetch 18% Power from Renewable Energy by 2022: Moody’s

Moody’s report also suggested that India as an aggressive seeker of reliance on the renewable energy segment is taking positive steps to align its power generation mix with its Nationally Determined Contribution (NDC) commitments under the Paris Climate Agreement. India’s installed renewable energy capacity might contribute 18 percent of the total electricity generation mix by the year […]

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Mytrah Energy to Set 300MW Wind Project to Power SECI

Mytrah Energy’s winning bid for 300MW of capacity was part of the fourth tranche of SECI ISTS wind reverse auctions in which a total of eleven companies had participated. Adding weight to its portfolio, Mytrah Energy has signed a power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) for setting up a 300 MW […]

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US Energy Storage Market Jumps 42% QoQ: Report

The energy storage market in US has tremendously increased from 43.6 MW in Q1 2018 to 61.8 MW in Q2 2018 whereas the market grew 60 percent year-on-year. A leading clean energy data and information aggregator suggests US’s energy storage market to have jumped 42 percent from the previous quarter. The energy storage market in […]

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Australia May Fetch 50% Power from Renewable Energy by 2025

The report suggests that even though the policy support 100 percent reliance on the renewable energy has collapsed following a voting, the solar developments have retained their unexpected pace. A report by a leading energy research, education and public policy organization, ANU Energy Change Institute has stated that if Australia maintains the current track of […]

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