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Electricity Market

Renewable Energy Policy FiT Analysis: Installed Capacity and Targets to 2020

Countries worldwide are planning to promote renewable energy in one way or the other in order to reduce dependency on fossil fuels. Hence, mandatory renewable energy targets are being laid down by the governments to ensure that the power producers produce certain proportions of the total electricity generation from renewable energy sources. For instance, the […]

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Solar and Wind takes a leap ahead in the power war against coal

The battle between clean energy and dirty coal has entered a new phase. The International Energy Agency (IEA), an industry forecaster, this week reported that in 2015 for the first time renewable energy passed coal as the world’s biggest source of power-generating capacity. The IEA, whose projections for solar and wind energy have in the […]

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CEO of SE4ALL and Chairman of Ofgem to Present Keynote Speeches at the 9th SIEW

Rachel Kyte, CEO of Sustainable Energy for All (SE4All) and Special Representative of the United Nations (UN) Secretary General, and David Gray, Chairman of the Office of Gas and Electricity Markets (Ofgem) of the UK, will be presenting their perspectives on the opportunities and challenges in the face of today’s ‘New Energy Realities’ at the 9th Singapore International Energy Week […]

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2024: Global Solar Capacity Tops 2.2 TW, With Over 600 GW New Additions

Global cumulative solar photovoltaic (PV) capacity rose to more than 2.2 terawatts (TW) by the end of 2024, up from 1.6 TW in 2023, with over 600 GW of new systems commissioned, the International Energy Agency’s Photovoltaic Power Systems Programme (IEA PVPS) said in its latest report. “Module prices continued to drop through 2024 in […]

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Bigger & Faster – South India’s Renewable Comeback

South India, which heralded some of the earliest large-scale solar and wind projects in the country, is now further expanding its clean energy footprint. Again, one could say that some of India’s most notable renewable achievements came from the region before 2020. From the then-largest solar plant at Kamuthi in Tamil Nadu with a 648 […]

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India’s Rooftop Solar Poised To Hit 25-30 GW By FY27: CareEdge

India’s rooftop solar energy capacity is projected to surge, rising from 17 GW to an estimated 25–30 GW between FY25 and FY27, according to CareEdge Research.  With a total renewable capacity of 220 GW as of FY25 and a national target of 300 GW solar capacity by 2030. Rooftop solar, particularly in the Commercial & […]

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India’s Rooftop Solar Picks Pace, Capacity Touches 17 GW

The latest data released by the Ministry of New and Renewable Energy (MNRE) claimed that India’s rooftop solar capacity is now touched 17 GW, hinting at an expeditation in the sector. This comes almost one year after the launch of the PM Surya Ghar scheme. While India’s cumulative rooftop solar capacity stood at around 11 […]

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As Wind Energy Finally Crosses 50 GW Milestone, No Time To Rest

The March update from India’s Central Electricity Authority finally confirmed what was expected. The breaching of the 50 GW milestone by India’s wind energy developers. With Fy25 seeing fresh additions of 4.15 GW, the industry saw one of its best years, even though the all time best seen in 2016-17 still seems a tough target […]

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What Led to the Surge in REC Purchases by DISCOMs?

Union Minister of State for New and Renewable Energy Shripad Yesso Naik, in his latest statement before the Parliament, indicated that the Renewable Energy Certificates (RECs) have seen an upsurge. He attributed this surge to the changes in policy, which have made it more favorable for the power distribution companies (discoms) in the state. He […]

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