Renewable Energy

IRENA’s 11.2 TW RE Target For 2030 Risks Falling Short By 1.5 TW: Report

Despite renewables becoming the fastest-growing source of power, the International Renewable Energy Agency (IRENA) latest report needs a minimum 16.4% growth rate annually through 2030 to stay on course, to meet the 2030 target.  IRENA’s Renewable Energy Statistics 2024 report indicated the possible risk of missing the tripling renewables target pledge set at COP28. The […]

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Paris Olympics: How Green Energy Is Changing Global Sports

International sports events have now gained attention globally due to their increased adoption of green energy. This year, renewable energy is set to take center stage at the upcoming Paris Olympics in France. The host country has shown its commitment to delivering on its promise of making the most sustainable Olympics games yet. Paris is […]

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UP Proposes Dedicated Resource Adequacy Cells For Discoms

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has issued a draft regulation to better tackle the issue of resource adequacy and expedite the growth of renewable energy in the state. The draft plan has also proposed timelines for compliance and special attention on the issue by the concerned discoms. The draft also talked about establishment […]

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DVC’s Investment Plan To 2030 Focus More On Solar, Pumped Storage

Kolkata based Damodar Valley Corporation (DVC) on Friday announced that it plans to invest Rs 20,000 crore by 2030 to install nearly 4,000 MW of solar capacity. DVC currently is a primarily thermal power firm, with 6540 MW of its existing installed generation capacity of 6,700 MW thermal. the corporation and its plans can have […]

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Even Better Together- Five Ways Solar Is Better With Other Green Energy Options

Solar power is the fastest-growing energy source globally. The Global Market Outlook for Solar Power 2024-2028 report reveals that in 2023, global solar installations surged by 87 per cent compared to the previous year. In 2023, 447 GW of new solar capacity was added, up from 239 GW in 2022, bringing the world’s total solar […]

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JSW Energy, SJVN Sign PPA For 700 MW Project In Rajasthan

JSW Renew Energy (Raj) Limited, a wholly-owned step-down subsidiary of JSW Energy Limited, signed a Power Purchase Agreement (PPA) with SJVN Limited for an ISTS-connected solar capacity of 700 MW. The total locked-in capacity of JSW Renew Energy stands at 13.9 GW. The PPA is signed for the supply of power for 25 years with […]

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India’s Data Centre Boom Opens Up A Fresh Segment For Green Developers

By-Tej Prakash Bharadwaj & Manish Kumar   Notwithstanding the sluggish growth of data centres in India in the early 2000s, the advent and popularity of AI means that the data center sector in India is now set for a significant expansion matching its status as a regional power.  With a total capacity of around 1,000 Megawatt […]

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Loan Sanctions Up 383%, Disbursements 68% For IREDA In Q1 2024-25

Indian Renewable Energy Development Agency Ltd. (IREDA) has reported a strong performance for the first quarter ended 30th June 2024. According to provisional figures, subject to audit, the company recorded substantial increases in loan sanctions, disbursements, and its loan book. The renewables focused firm, which has also been the preferred nodal agency for many key […]

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