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Solar, Wind Provide Almost 50% of Electricity Globally by 2050, says Report

The report further added that, “By 2050, we expect only 29 percent of the electricity production worldwide to result from burning fossil fuels, down from 63 percent today.” The solar and wind technology will account for almost half of the total electricity globally, according to the Bloomberg New Energy Finance (BNEF). Of this, hydro, nuclear […]

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China’s – New Solar Policies & Change in Markets

In the first week of June, the china dropped bombshell solar policy change that sent ripples across the board. The country rolled back the subsidies solar developers would enjoy from the government. The change in the Chinese solar policy will also mean the halting of approvals for new solar projects across the country in 2018. […]

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Electric Vehicles Market in India – A Rocky Road Ahead!

In a bid to reiterate India’s commitment towards climate change during the UN Climate Change Conference (COP-21) in Paris, the union government has braced it’s arms to make a major shift from the petroleum product run vehicles to Electric Vehicles (EVs) by 2030. Though the government of India’s ambition of having more than 10 million […]

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Investing Renewables Infesting Fossils

Renewable Energy Sector as a Future Investment Model With increasing technological advancements, renewable energies are having a significant impact. Renewable energy is becoming increasingly viable, a trend that could potentially be a game-changer for investors, particularly large scale, global investors. The International Energy Agency projected that renewable energy will continue to grow by 42 percent […]

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India may Consider Duty of 7.5 per cent On Imported Solar Panels

The proposed alter could jeopardize Prime Minister Narendra Modi’s driven objective of introducing 100 gigawatts of sun oriented vitality by 2022. India, the biggest buyer of solar gear from neighboring China, is considering a 7.5 percent assessed on the imported solar panels, agreeing to government authorities with information of the situation. Such imports aren’t burdened presently, but might be renamed as engines, which are subject to the tax, the authorities said, inquiring not to […]

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Rooftop Solar Presents a $23 Billion Opportunity in India: Report

Rooftop solar in India will grow inevitably with or without the support of power distribution utilities According to a new report released by Bloomberg New Energy Finance (BNEF), India’s 40-GW target for rooftop solar PV by 2022 represents a $23 billion investment opportunity. The report titled, ‘Accelerating India’s Clean Energy Transition,’ which was released at […]

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Tumbling Solar Prices Starts Claiming Victims as Trina Reconsiders India

Trina solar CEO says the Chinese company is reconsidering a planned India plant because prices there are now too low. The price of solar is tumbling across the world. And solar auctions are having their intended effect: Prices for developers are tumbling across Asia. While that’s good news for consumers, solar companies might have to […]

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Tata Power Solar Commissions India’s First Rooftop Solar Carport

Inaugurated by Satyender Jain, Minister of Power, the unique rooftop solar carport is estimated to set off 438 Tons of carbon emission annually. Tata Power Solar, an integrated solar company has commissioned India’s first rooftop solar carport at Unity One mall in Rohini, in association with Delhi Metro Rail Corporation (DMRC), to offer provide 300KW […]

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China Aims To Install Record Amount Of Solar Power Capacity

China has left Germany behind having most installed photovoltaic power capacity in 2015. China, being the world’s largest carbon emitter, now aims to be the biggest installer of solar power capacity with record numbers pushing the researchers to add almost 80 percent more capacity to stipulated one. The amount of additional capacity of 30GW of […]

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