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IEA

Yearly Review: India Added More Coal Power Than Wind In 2023

The latest analysis of the government’s monthly capacity addition reports revealed that India added more coal power than wind energy in the calendar year 2023. A comparison of the monthly installed capacity reports of the Central Electricity Authority (CEA) by Saur Energy revealed that India added 4 Gigawatt (GW) of net coal power in 2023. […]

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JSW Group To Invest Rs 40,000 Crore In Odisha For EV Projects

Odisha government on Monday approved a special package pertaining to JSW’s projects related to electric vehicle and component manufacturing in Naraj, Cuttack and Paradip. Through these projects the JSW group will invest Rs 40,000 crore in the eastern state of Odisha. On the approval to JSW’s investment projects in the state, Odisha CM Naveen Patnaik […]

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India Has Around 32 GW of RE Projects Under Bidding Stage: RK Singh

Union Minister of New and Renewable Energy RK Singh said in a press conference that no country could excel without sufficient power. “The power shortage in India has come down from around 4.5% in 2014 to less than 1% today,” he said.  He added, “Electricity is the most important infrastructure, which is a sine qua […]

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EU Adds 17 GW New Wind Energy In 2023, Fails To Meet 30 GW Target

A latest data by WindEurope found that European Union (EU) built 17 GW of new wind farms in 2023. The report also said that the EU installed 14 GW of onshore and 3 GW of offshore wind energy. The EU report stated, “These numbers are slightly up on 2022 and are the most the EU has ever built […]

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EU Touches 56 GW Of Solar Installations With A 40% Annual Growth: Report

A recent report on new European Market Outlook for Solar Power 2023-2027 by SolarPower Europe, reveals a record 56 GW of solar installations in Europe in 2023. This reportedly marks the third year of annual growth rates of at least 40%. The report predicts in its annual report a slower growth for 2024, with the […]

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Tripling RE Power With Efficiency Will Accelerate Fossil Phaseout: EMBER

Energy think-tank EMBER in its recent report, analyzed the impact of increasing renewables and doubling efficiency on phasing out of fossil fuels. The findings reveal that renewables contribute significantly to efficiency, delivering about 85% of the targeted fossil fuel cuts by 2030. EMBER indicates that, by 2035, renewables and efficiency alone can slash total CO2 […]

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To Triple RE Capacity, India Needs 448GW Of Solar Power By 2030: Report

A latest report by global think tank Ember said that plan to triple its renewable energy capacity by 2030 in India, would require an additional financing of $293 billion. The analysis finds that India’s 14th National Electricity Plan (NEP14) put the country on track to more than triple its renewable energy capacity by 2030. But […]

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To Meet Targets, Wind Power Needs To Grow 3 Times By 2030: Report

A latest report from EMBER studied global renewable capacity and found that, based on current national targets, it’s set to increase by 7.3 TW by 2030. It anticipates that, based on the current national target, the renewable energy capacity is set to increase by 2.1x until 2030. The report on ‘Tracking National Ambition Towards a […]

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Growth Of EV Market Highest In China, EU, Says WRI Report

Global energy think tank World Resource Institute (WRI), in its recent report on ‘State of Climate Action’, highlights that the share of electric vehicles (EV) in passenger car sales has grown at an average annual rate of 65%. It’s a rise from 1.6% of sales in 2018 to 10% in 2022. For the first time in […]

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