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renewable energy

In Renewables Shadow, who Will Still Fund Coal in India? : Report

Why would any debt/ equity capital providers fund a high emission & polluting new coal power plant at double the cost of deflationary, domestic renewables? The COVID-19 pandemic and the subsequent nationwide lockdown to curb its spread has highlighted the growing financial risks to India’s coal-fired power plant sector, a technology being superseded by international […]

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Renewables Topped Coal in US Generation Every day in April: IEEFA

New data from the US EIA shows that for the very first time in its history, renewables generated more electricity than coal every day in the month of April. New data from the US Energy Information Administration (EIA) shows that for the very first time in its history, renewables generated more electricity than coal every […]

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SCE Signs 7 Contracts for 770 MW of Battery Energy Storage Capacity

SCE has signed seven contracts totaling 770 MW of battery-based energy storage resources to help enhance California’s electric system reliability needs. Southern California Edison (SCE) has announced that it has signed seven contracts totaling 770 megawatts (MW) of battery-based energy storage resources to help enhance the region’s electric system reliability needs. The recently conducted solicitation […]

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EDF, Alliant Energy Commissions 200 MW Wind Project in Iowa

Independent Power Producer (IPP) EDF Renewables and public utility company Alliant Energy’s Iowa energy company has successfully commissioned 200 MW Golden Plains wind power plant in Iowa. This project is now delivering clean electricity to Iowa customers and is located in Winnebago and Kossuth counties in the north-central region of Iowa. Also, this wind project has invested […]

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Dominion Energy Quadruples RE and Storage in Resource Plan

Dominion Energy Virginia has quadrupled the amount of solar and wind generation in its 15-year, long-term integrated resource plan (IRP). In just one year, Dominion Energy Virginia has quadrupled the amount of solar and wind generation in its 15-year, long-term integrated resource plan (IRP). The increase is driven, in part, by Governor Ralph Northam’s executive order on […]

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Plummeting Energy Demand to Result in Record Decline in Carbon Emissions: IEA

The COVID-19 pandemic represents the biggest shock to the global energy system with a 6 percent drop in global power demand predicted for this year. A new report has highlighted that the COVID-19 pandemic represents the biggest shock to the global energy system in more than seven decades, with the drop in demand this year […]

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Covid-19 Breeds Challenges for Renewables in US, China: Platts

Amidst the coronavirus pandemic, China’s electricity demand is likely to normalise by Q3, while there is more uncertainty in the US market as there is still lockdown in most of the states, according to  S&P Global Platts Analytics. At the recently held Platts Analytics webinar, the firm highlighted that while there is enough evidence of […]

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IRENA’s Coalition for Action Calls for Green Recovery Based on Renewables

As COVID-19 rapidly devastates communities and livelihoods, effective response measures are urgently needed to address the immediate as well as the longer-term impacts of the crisis. Over 100 leading players in renewable energy, gathered under the IRENA Coalition for Action, have come together in a joint call for action, putting forward concrete recommendations on how governments can ensure […]

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Making Clean Energy a key Part of Global Economic Recovery: IEA Roundtable

IEA and the Government of Denmark recently hosted a meeting to discuss the importance of making clean energy a key part of the global economic recovery The International Energy Agency (IEA) and the Government of Denmark recently hosted a high-level roundtable meeting in which government ministers and business leaders from around the world discussed the […]

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