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India plans to establish 500 GW of RE capacity by 2030: MNRE Secretary

India is planning to add 500 GW of renewable energy to its electricity mix by 2030 according to MNRE secretary Aanand Kumar. Speaking at the 17th meeting of International Renewable Energy Agency (IRENA) Council being held in Abu Dhabi, the MNRE Secretary said, “India would have installed 175 GW of RE capacity by 2022 without […]

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Jobs in Solar – The Untold Story

  In 2015, when the government hiked the solar energy target from 20GW to 100 GW (in a new 175 GW renewables target) by 2022, it was considered wildly ambitious. Also, it was enough to spark strong interest in the sector finally, and with it, big bets. As it turned out, the sector did not […]

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Global Investments in Renewable Energy Hit $288 Billion: BNEF Report

The dip in investment in 2018 can be partly attributed to falling technology costs in solar photovoltaics, which meant that the required capacity could be secured at a lower cost and slowdown in PV installations in China. Global investment in renewable energy has hit $288.9 billion in 2018, with the amount spent on new capacity […]

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BSE India INX Launches Dedicated Green Bonds Trading Platform

BSE-owned India International Exchange on June 12, 2019 said it has launched an exclusive platform for trading in green bonds. The platform — GSM (Global Securities Market) Green — has gone live on Wednesday, India International Exchange (India INX) said in a statement. “On Wednesday, BSE’s international arm, India International Exchange, unveiled its exclusive green […]

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The Emerging Giants of the Oceans. Wind Energy Turbines

Solar might have grabbed most of the headlines, but wind energy has had its own march to relevance in the past couple of decades. In fact, on a like to like basis, wind energy has probably made bigger efficiency gains than solar power, where the biggest gains have been in price drops. And when we […]

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MSEDCL Tenders For 1 GW Solar Power to Fulfil RPO Commitments

MSEDCL has issued an RfS, seeking bids from eligible bidders for the procurement of 1 GW of solar power on a long-term basis from grid-connected projects. The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued a Request for Selection (RfS), seeking bids from eligible bidders and projects for the procurement of 1 GW of […]

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Energy Reforms Crucial For Re-elected Indian Govt: Report

Further energy reforms are necessary for the newly re-elected Govt of India to meet its target of 275 GW from renewable energy sources by 2027. Although renewable energy installation has seen tremendous progress due to policy initiatives, further energy reforms are necessary for the newly re-elected Government of India to meet its ambitious target to […]

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Solar Panels’ Efficiency Drop: UK Researchers Solve Key Flaw

The new research shows the first observation of a previously unknown material defect which limits silicon solar cell efficiency. Prof Tony Peaker, who co-ordinated the research in the University of Manchester, now published in the Journal of Applied Physics said: “Because of the environmental and financial impact solar panel ‘efficiency degradation’ has been the topic […]

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US Ends Preferential Trade Treatment, Solar Exports From India to Bear 25% Safeguard Duty

The decision is set to put additional tariffs burden of over $300 million on the American businesses every year, including solar exports from India which are expected to incur a safeguard duty of 25 percent. In a major blow to India’s newly elected government, the Trump administration has terminated India’s designation as a beneficiary developing […]

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