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WindEurope Calls for Ban on Landfilling Turbine Blades

European Wind Energy Association, now WindEurope has asked for a Europe-wide landfill ban on decommissioned wind turbine blades by 2025. At the Spanish Wind Energy Association (AEE)’s Annual Congress Giles Dickson, CEO of WindEurope, and Juan Virgilio Márquez, General Director of AEE, yesterday called upon the European Commission to propose a Europe-wide ban on landfilling […]

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IEX Q4 FY21 Results: ‘Unprecedented Performance’; Rs 100 Cr Revenues

The Indian Energy Exchange (IEX) released its audited consolidated financial results for the fourth quarter ended March 31, 2021, today, announcing an “unprecedented performance” in the last fiscal year. The New Delhi-headquartered power trading exchange, which is regulated by Central Electricity Regulatory Commission (CERC), reported 37.3% YoY growth in electricity volumes in the last year. In […]

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Global Finance is Mobilising to Meet East Asia’s Net-Zero Ambition: IEEFA

Bolder emissions reduction targets by China, Japan and South Korea threaten Australian fossil fuel exports Chinese President Xi Jinping’s surprise announcement at the UN General Assembly in September 2020 that the world’s biggest emitter would become carbon neutral by 2060 has proved pivotal, writes Tim Buckley, IEEFA’s Director Energy Finance Studies, Australia/South Asia, in a […]

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Leaders Summit Outlines Energy Transition Priorities for a 1.5°C Future: IRENA

The Paris agreement sets out a global framework to avoid dangerous climate change by limiting global warming to well below 2°C and pursuing efforts to limit it to 1.5°C. Today, more and more countries are aiming for net zero emissions by mid-century and attention is shifting to the implication of this objective. While existing Nationally […]

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REC Trading Drops to 9.2 Lakh in FY20-21 From 89.27 Lakh in FY19-20

The halt in trading since July 2020 has seen the REC market shrink to record the trade of just 9.2 lakh RECs in the financial year 2020-21 The halt in trading at the energy exchanges since July 2020 has seen the Renewable Energy Certificates (REC) market shrink to record the trade of just 9.2 lakh RECs in […]

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Amazon Announces New Investments in RE in US, Canada, Europe

Retail giant Amazon announced this week that it was investing in nine new utility-scale wind and solar energy projects in the US, Canada and Europe, thereby becoming the largest corporate buyer of renewable energy in Europe. The company said that with these 9 new projects, it now has 206 renewable energy projects worldwide that can generate 8.5 […]

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Solar O&M Gets Set For The Big League In India

As India’s solar footprint has grown, from a tentative 3.7 GW in 2015 to over 40 GW now, a little appreciated, but growing opportunity is finally getting its place in the sun too. The Solar Operations and Maintainance (O&M) business. A $4 billion business worldwide in 2019, it is set to be a $9 billion […]

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As Solar Spreads, Shrinking Space for Wind

It was one of the lesser noticed misses caused by the 2020 pandemic. In fact, we had predicted it in our own January 2020 issue. When Solar capacity would overtake wind in India. But come 2021, and wind energy has finally been overtaken. The news, when it was finally confirmed, couldn’t have been announced with […]

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