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Solar Capital Cost 11 Times Higher In Developing Countries: IEA Report

A recent report by the International Energy Agency (IEA) finds that the cost of capital, required to make investment in solar energy in developing economies to be high. The report attributed this to the challenges such as, cost of capital in developing economies, less developed capital markets, fewer projects, and a lack of transparency around […]

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India’s Renewable Energy Generation Dips With Slump In Wind Power

A comparison of monthly renewable energy generation data released by the Central Electricity Authority (CEA) claimed that India’s monthly renewable generation (including hydro) dipped in October this year.  As per the latest available report of the CEA, India’s total renewable energy generation stood at 17.9 percent. During the month, the country generated a total of […]

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Gujarat Fuels Renewable Energy Capacity Goals by Partnering with International Firms

Gujarat has signed various MoUs with the intention of accelerating the realization of its renewable energy capacity goals. The state has joined hands with Australia-based MeOH Giga Battery and Australian Premium Solar Pty Ltd. Australian Premium already has a manufacturing unit in Gujarat to give an impetus to its renewable energy capacity goals. Indian firms […]

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Behind China’s Global Renewable Leadership

Wood Mackenzie, in its latest projection finds that China is currently on target to reach its 230 gigawatts (GW) of wind and solar installations target this year. With this, the report claims that, China leads the global renewables market. This is more than double the number of US and Europe installations combined, according to latest […]

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Rise In Renewables In Europe Can Curb Up to 67% Emissions: Report

A recent event by Wood Mackenzie shared an analysis on the current growth in Europe’s flexible renewable energy. The report finds that, European power market will see its carbon intensity plummet. It accredits this rise with the change in ambitious climate-energy policies. Moreover, it finds that, flexibility to be key to enable this change, according to […]

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WBSEDCL Floats Tender for O&M of Solar Plants of 40 MW Capacity

West Bengal State Electricity Distribution Limited (WBSEDCL) has floated a tender for comprehensive O&M solar plants of four 10 MW ground mounted solar power plants. The completion time is three years from the date of handing over the site. The estimated cost of the project is INR 5,40,00000. The Earnest Money Deposit to be made […]

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To Triple RE Capacity, India Needs 448GW Of Solar Power By 2030: Report

A latest report by global think tank Ember said that plan to triple its renewable energy capacity by 2030 in India, would require an additional financing of $293 billion. The analysis finds that India’s 14th National Electricity Plan (NEP14) put the country on track to more than triple its renewable energy capacity by 2030. But […]

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Dalmia Cement Plans To Use Wind Power For Its Tamil Nadu Plants

Indian cement manufacturer Dalmia Cement (Bharat) Limited has now planned to rope in wind power to cater to its power needs. In order to boost the use of renewable energy for its power needs, it has also issued a bid seeking developers.  The company, a subsidiary of Dalmia Bharat Limited, plans to use this renewable […]

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