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Renewables Will Become Dominant Energy Source by 2050: Oliver Wyman

“Governments need to champion and commit to COP21 targets and organisations need to be bold and agile in order to achieve an energy system built mainly on renewables by 2050.” Oliver Wyman in its latest report notes that a global energy system based mainly on renewables can be achieved by 2050, but governments need to […]

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CERC Proposes Levelized Generic Tariff for Select Renewables

Central Electricity Regulatory Commission has proposed a new levelized generic tariff for selected renewable and project specific for solar PV. The Central Electricity Regulatory Commission (CERC) has proposed a new levelized generic tariff for the purchase of electricity from small hydro projects, biomass with Rankine cycle, non-fossil fuel based co-generation, biomass gasifier and biogas based […]

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Global Floating Solar Panels Market to Grow at a CAGR of 65.1%: Research and Markets

Floating solar panels market is expected to witness robust growth with rising inclination towards clean energy of various economies across the globe Research and Markets in its latest report forecasts the global floating solar panels market to reach US$ 842.0 Mn by 2023, expanding at a CAGR of 65.1% during the forecast period 2016 to […]

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Engie Wins Nearly 78MW Solar PV Projects in France

Engie through its subsidiaries has won the bid to install 78 MW of solar PV plant in France. ENGIE, through its subsidiaries ENGIE Green, La Compagnie du Vent, CNR and Solairedirect, ENGIE has won bidding organized by the French Energy Regulatory Commission (CRE) for 10 Solar PV projects representing 78 MW of installed capacity. With […]

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MNRE is Organizing National Review Meeting for RE on 23rd and 24th January, 2017

State Principal Secretaries/Secretaries dealing with Renewable Energy (RE) and the Heads of State Nodal Agencies (SNAs) for RE to review the implementation of various RE programmes and initiatives Ministry of New & Renewable Energy is organizing National Review Meeting on on 23rd and 24th January, 2017. The review meeting will be of State Principal Secretaries/Secretaries […]

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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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Rapid increase in the share of renewables has destabilized the wholesale electricity markets: Capgemini

Capgemini in the eighteenth edition of its annual study, the European Energy Markets Observatory (EEMO) has revealed that rapid increase in the share of renewables has destabilized the wholesale electricity markets. The report published in partnership with I4CE and Vaasa ETT states world Governments have increasingly dedicated budgets to developing renewable energy solutions and building […]

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Average costs for electricity generated by solar and wind could decrease by 59% by 2025: IRENA

International Renewable Energy Agency (IRENA) in its latest report revealed that average costs for electricity generated by solar and wind technologies could decrease by between 26 and 59 per cent by 2025. The report, The Power to Change: Solar and Wind Cost Reduction Potential to 2025, finds that with the right regulatory and policy frameworks in […]

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