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World Bank

China: 40 Year Experience in Renewable Energy Development

In less than 40 years, China has moved from a lagger to global leader status. While the energy demand has steadily grown at an unprecedented pace, frequently at a double-digit growth rate, the share of renewables in the total primary energy consumption ramped up from 4 percent in 1980 to about 13.1 percent in 2019, […]

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Tata Cleantech Report On The Indian Renewable Open Access Landscape

A joint venture between Tata Capital Limited and International Finance Corporation (World Bank Group), Tata Cleantech Capital Ltd (TCCL), has made a report on the market trends and state comparatives of Indian Renewable Open Access.  Globally, commercial and industrial (C&I) consumers, or corporates, account for 64% of the total electricity consumption. Under open access electricity […]

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Power Minister Highlights Steps Taken to Push 4000 MW Rooftop By 2022

Responding to a query in the Rajya Sabha, the Ministry of New and Renewable Energy is implementing Rooftop Solar Programme Phase II wherein grid connected RTS capacity aggregating 4000 MW by 2022 is targeted for installation in residential sector with provision of subsidy. For individual households, subsidy upto 40% of the benchmark cost is provided […]

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RUMSL Shajapur Auction- NTPC, Solar Arise Emerge Winners

The 450 MW RUMSL (Rewa Ultra Mega Solar Limited) solar auction finally culminated with NTPC Renewables (NTPC) and Talettutayi Solar Projects Nine (SolarArise) emerging winners. The solar projects, to be located in the Shajapur Solar Park in Madhya Pradesh had received a strong  bidder response earlier, thanks mainly to the strong reputation of RUMSL, and […]

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Local Firm to Set Up 100 MW Solar Plant in Botswana

The Botswana energy regulator has granted a generation licence for a 100 MW solar project to local firm Shumba Energy, making it the first independent power producer to set up a large scale solar plant in the country, according to media reports. This landlocked country in Southern Africa does not currently have large scale solar […]

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MDPs Committed Climate Finance Worth $66 B in 2020: Joint Report

According to the recently published 2020 Joint Report on Multilateral Development Banks’ Climate Finance, climate finance committed by major multilateral development banks (MDBs) rose to a total of $66 billion last year from $61.6 billion in 2019, of which, 58%—or $38 billion—was committed to low- and middle-income economies. The total climate cofinance committed during 2020 […]

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India’s Three Battles To Lose

What, and how India sets about achieving climate goals in the decade to 2030 matters. Not just for the impact it will have on doing our bit on global warming, but also for what it does to shift the country decisively away from our current energy pathways. The decade to 2030 also seems to be […]

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The Maldives Opens Pre-qualification For 11-14 MW Solar PV Tender

Under World Bank-supported Accelerating Renewable Energy Integration and Sustainable Energy (ARISE) project, the Maldives has opened pre-qualification for a solar PV tender of 11-14 MW capacity range. This PV installation project covers hybridisation of fourteen island grids which currently rely almost entirely on diesel for power generation. Interested developers can submit applications for pre-qualification on or before 1 […]

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Policy, Finance & Grid Vital to Achieve India’s Ambitious Climate Goals

With a global effort towards a transition to clean energy already underway, India has set ambitious targets for itself — 450 GW renewables capacity to be created by 2030. Despite the country’s many achievements in the last 5 years in the renewables sector, which have resulted in its having the world’s 5th largest solar and […]

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