levelized cost of electricity (LCOE)

Electricity Costs: India’s Lowest and Most Expensive States, The Global Picture

A lot of factors influence the per unit electricity costs in a country. The prices are heavily influenced by factors that include the country’s geographical location, geological makeup, level of development and technological advancement, and whether it is a high-, middle-, or low-income nation.  The rise of renewable power through the recent decades has also […]

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415 GW and Beyond: Role of Solar Energy in Meeting Global 2030 Climate Goals

The urgency for a global shift towards sustainable development, primarily driven by renewable energy, is undeniable. Both developed and developing economies have embraced the need to limit the increase in global temperatures, as agreed in the Paris Agreement (COP21). This agreement set ambitious goals for nations to work towards keeping the global temperature increase to […]

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IRENA Report on Renewable Power Generation Costs in 2021

International Renewable Energy Agency (IRENA) has published this research report titled Renewable Power Generation Costs in 2021. In 2021, the cost-effectiveness of renewable energy increased further. Their crucial role in the transition to an economical and technically achievable net zero future is confirmed by data from the IRENA Renewable Cost Database and analysis of current […]

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