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Could Renewables Displace Conventional Fuels in Asia in 2020s?

In a new report, Wood Mackenzie highlights trends that will shape Asia Pacific’s power and renewables markets this decade, and what it holds over the next In a new report, Wood Mackenzie highlights trends that will shape Asia Pacific’s power and renewables markets this decade. Asia Pacific’s wind and solar installed base produced an estimated […]

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Here’s how Indian Solar Industry Evaluates the Budget 2020

The stakeholders from the solar industry has broadly welcomed the Narendra Modi led NDA government’s Union Budget 2020, as this time the power and renewable energy sector managed to get more attention in the budget. This time Finance Minister Nirmala Sitharaman’s budget got more relevance as it came at a time when the country’s economy […]

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Battery Power Sharing, Swap Stations Could Make EVs Affordable

Researchers are working on a technology for sharing of battery power with other EVs and selling excess energy to the grid to make EVs more economical Researchers are working on two solutions for electric vehicles (EVs), including a technology that would allow sharing of stored battery power with another EV and even sell excess energy to make a fast […]

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Lighting up India’s hinterland

India has emerged as the fastest growing energy market in the world. Investments in the sector grew at 12 percent last year with spending on renewable energy (RE) exceeding fossil fuel-based power. The country aims at being a power surplus nation and RE can play a big role in the transition. In April 2018, the […]

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Green Tech Revolutions And India’s Chance to Shine: Study

Green technology comes at a price and India can help break the “green curse” by persuading South Asian countries to adopt sustainable practices Green technology comes at a price and India can play a pivotal role in breaking the “green curse” by persuading South Asian countries to adopt sustainable practices in mining critical minerals needed […]

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Carbon Tax Waiver may put Renewables Growth in India at Risk: Fitch

Fitch Solutions believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. Fitch Solutions has said that it believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. In a bid to alleviate significant debt levels in the power industry, India has proposed […]

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Australia Commits $70 mn to Fast Track Renewable Hydrogen Development

ARENA has announced a funding round of up to AUD 70 million to help fast track the development of renewable hydrogen in Australia. The Australian Renewable Energy Agency (ARENA), on behalf of the Australian Government has announced a funding round of up to AUD 70 million to help fast track the development of renewable hydrogen […]

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BRICS Nations Urged to Adapt Fiscal Policies to Clean Energy Transition

Governments receiving revenue from fossil fuels will see a sudden gap in budgets if they don’t adapt their fiscal policy to the clean energy transition A new report has warned that if governments receiving a lot of revenue from fossil fuels—whether through their consumption or production—will see a sudden gap in their budgets if they […]

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Mitsubishi Electric Mulls for Solar-Powered New Plant in Gujarat

The move came as it will help the company in supporting the expansion of environmentally friendly products in the Indian automotive market. Japanese electrical and electronic equipment maker Mitsubishi Electric Corporation is planning to set up a new plant in Gujarat, India. This new plant will be constructed on the premises of the multinational company’s subsidiary […]

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