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The Risk In Renewables, And How To Reduce It

The Fourth Plenary session at REINVEST 2020 looked at the risks in investing in renewables in India, and ways to mitigate those risks. A panel with India’s leading renewable financiers, developers and global players narrowed down the key issues and some possible solutions. Pankaj Jain, Additional Secretary, Department of Financial Services, Ministry of Finance, moderated […]

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Key Factors Behind India’s Record Low Solar Tariff of Rs 2/kWh: IEEFA

In the recent SECI auction, India set a new record low solar tariff of Rs 2/kWh, IEEFA takes a look at the key factors behind it. In the recent Solar Energy Corporation of India (SECI) auction which was concluded on November 23, 2020, India set a new record low tariff for solar projects at Rs […]

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Preparing For a Renewable Future- The Business Models That Matter

If there is one thing the renewable energy sector cannot be accused of doing, it is to look back too much. The solar sector in particular has everything to look forward to, considering the strong momentum it has built up globally. The Covid-19 crisis has only sharpened those opportunities, and possibilities of even more support […]

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IRENA and GWEC Enhance Cooperation to Scale Up Renewables Globally

The International Renewable Energy Agency (IRENA) and the Global Wind Energy Council (GWEC) signed a cooperation agreement in order to join efforts aimed at increasing the adoption and deployment of wind and renewable energy worldwide. This agreement was signed by IRENA Director-General Francesco La Camera and GWEC CEO Ben Backwell on the occasion of the […]

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“The Solar Adoption Experience For Consumers Has Been Poor”

One of the strongest reasons for encouraging solar rooftop, besides the obvious benefits, is the opportunities it creates for jobs, when compared with utility scale solar. Thanks to a more open market, a whole eco-system of suppliers, be it modules, structures, inverters and more have adapted to the opportunity. Finally, the very fact that in […]

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AES to Absorb Solar Develop sPower to Form 12 GW RE Platform

The AES Corporation has announced an agreement with AIMCo to merge the sPower development platform, a leading independent solar developer in the US The AES Corporation has announced an agreement with Alberta Investment Management Corporation (AIMCo) to merge the sPower development platform, a leading independent solar developer in the US, with AES’ US-based clean energy […]

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To Meet Climate Targets, Renewable Investments Need Tripling: Report

To achieve the 1.5°C climate goal, investments in diverse renewable technologies must almost triple annually to USD 800 billion by 2050. Global renewable energy investments increased between 2013 and 2018, reaching its peak at USD 351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative […]

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Odisha is now Power Surplus Thanks to Increase in Renewable Generation

The coastal state of Odisha is now a power surplus state as it has been making significant strides towards renewable generation, state officials have said. The coastal state of Odisha has become a power surplus state as it has been making significant strides towards renewable and green energy generation, state officials have confirmed. The average annual power demand of the state comes around 3,200 MW, […]

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EVs Most Practical Vehicle Tech to Tackle Air Pollution in India: TERI

“Electric vehicles (EVs) are by far the most practical vehicle technology intervention to address rising air pollution in the cities across India.” The Energy and Resources Institute (TERI) has developed the Digital Library on Green Mobility (DLGM) under the India component of the Nationally Determined Contributions (NDC)-Transport Initiative for Asia (TIA) programme. Speaking at the […]

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