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IEEFA

Singapore Calls Neighbours For Low-Carbon Power, Gets 20 Proposals

Singapore recently called its neighbours to bring in around 30% of its electricity demand by 2035, receiving 20 proposals from overseas. Currently generating 95% of its electricity from natural gas, Singapore wants to decarbonize its power mix but finds itself handicapped by tiny land area. Left with few options but to look offshore, Singapore approached […]

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Developing Economies Such As India Can Have Climate Resilient Energy Independence

Developing economies such as India have an enormous opportunity to build energy independence and grow in a climate resilient manner, in the process creating a thriving corporate sector that best leverages these increasingly prominent global financial capital market priorities, and funding capacities, a new report released on Tuesday said. As one of the fastest growing […]

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Green ammonia from green hydrogen can reduce India’s fertiliser subsidy burden

A shift to green ammonia would significantly reduce the Indian government’s massive fertiliser subsidy burden and boost energy self-reliance by cutting dependence on imports of expensive liquified natural gas (LNG) for fertiliser manufacturing, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Of course, green ammonia itself would come […]

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European Commission Announces €300mn Plan for Development of Hydrogen Economy

Clean Hydrogen Partnership (CHP) – a brain child of the European Commission – has called for proposals on 41 different research topics with an outlay of €300 million for a comprehensive development of the hydrogen economy. The initial plan is to fund research that will enable hydrogen production and storage. Clean Hydrogen Partnership is a […]

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South Korea Counts On Floating Solar To Overcome Land Scarcity

Towards last year’s end, South Korean solar developer Scotra completed the construction of a 41 MW floating solar installation on a reservoir on the Hapcheon Dam. The land-scarce country has set a target of installing 2.1 GW of floating solar by 2030 and of becoming carbon-natural by 2050. Floating solar farms employ solar panels that are attached […]

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After Rooftop Solar, Australia Leads The World On Per Capita Solar Too

IEEFA reports that even as protests against renewable energy projects gather momentum before the federal elections, Australia has quietly passed a major solar milestone, notching up 25GW of installed capacity – more PV per capita than anywhere else in the world. That’s a huge achievement for a country that has been pilloried for its massive […]

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Charged Up! EV Sales to Hit One Million Per Month Mark Soon

After a record-setting milestone of electric vehicles sales, almost doubling in 2021 to 6.6 million compared to 3 million of a year earlier, a more ambitious question emerges. When will the EV sales hit a million per month milestone? The year 2021 was the harbinger for electric vehicles. The market hit an all time high […]

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Budget 2022. Domestic Manufacturers Smile, Rest Stay With Wait And Watch

Finance Minister Nirmala Sitharaman’s Budget 2022 announcements for the renewable sector might have seemed relatively few beyond the key announcement of an additional Rs 19500 crore the PLI scheme, but industry players have focused on the many positives beyond that. Vineet Mittal, Chairman, Avaada Group, besides highlighting the PLI move and the announcement of green […]

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Fluence Commissions 20 MWh BESS In Philippines

US storage major Fluence has started commercial operations at the first project of its storage projects totaling 470 MW/470 MWh for power firm SMC Global Power Holdings (SMCGPH) in the Philippines. The battery will provide ancillary services to the power grid. Located in Kabankalan in the Philippines’ Negros Occidental region, the Battery Energy Storage System […]

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