Renewable Energy

Old King Coal is Dead – Long Live The King

Coal is the dominant source of energy in India because it’s locally available and has historically been quite cheap, more so because there hasn’t been aggressive regulation or taxation upon its externalities yet. However, future coal will look different than older coal because it will have to be more sustainable and also cost-effective. Renewable energy […]

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Metlife Plans to cut Emissions and Originate $20 Bn in Green Investments by 2030

Metlife has committed to reduce its GHG emissions by 30 percent from 2019 levels and originate USD 20 billion in new green investments by 2030 Metlife, one of the world’s leading financial services companies, has announced that it has committed to reduce its location-based greenhouse gas (GHG) emissions by 30 percent from 2019 levels over […]

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Geospatial Tool Launched to Aid in Faster Deployment of RE Projects

The India chapter of non-profit Nature Conservancy has launched a geospatial tool for helping make better choices in selecting land for siting RE projects The India chapter of science-based non-profit Nature Conservancy has launched a geospatial tool for helping decision-makers, investors, and financiers to make better choices in selecting land for siting renewable energy (RE) projects like solar and […]

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India’s Renewable Energy Sector is Still Primed for Growth: IEEFA

While the pace of renewable energy growth has slowed in India, positive outcomes in recent auctions suggest there remains plenty of appetite among domestic and foreign investors to build renewable infrastructure, according to a new IEEFA briefing note. Policy-related headwinds and a collapse in electricity demand due to the COVID-19 crisis have disrupted India’s renewable energy […]

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Nearly Rs 12,000 Crore Spent on RE Projects Over Last 3 Fiscals: RK Singh

RK Singh has confirmed that nearly Rs 12,000 crore has been utilised for the development of RE projects in the country between 2017-18 and 2019-20. Union Minister for Power and New & Renewable Energy RK Singh has confirmed that nearly Rs 12,000 crore (Rs 11,787.69 crore) has been utilised for the development of renewable energy […]

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Verizon Prices Second Green Bond, to Fund Renewable PPAs

Verizon Communications has announced the pricing of its second Green Bond offering which follows its recent completion of the allocation of its first. Verizon Communications has announced the pricing of its second Green Bond offering which follows its recent completion of the allocation of its first Green Bond and solidifies its position as a telecommunications industry leader in […]

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TN, AP and Telangana Account for 71% Discom Dues to RE Generators

Discoms are the weakest link in the entire value chain of the Indian electricity sector. Their inability to pay generators on time, manage their losses and improve on other inefficiencies weighs down the entire power sector.  Discoms in India have been functioning sub-optimally and have even been described as a “leaking bucket”, due to their […]

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The World can and Must Achieve Net-Zero Emissions by 2050: Report

A new report by ETC argues in its new report that the world can and must achieve net-zero greenhouse gas emissions by mid-century. A new report by the Energy Transitions Commission (ETC) argues in its new report that the world can and must achieve net-zero greenhouse gas emissions by mid-century and that “zero must mean […]

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