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renewable energy investment

Latin America Preaches RE, Yet Practises Fossil Fuels

Perpetually in two minds, although the Latin American Governments have appeared to be committing to renewable targets, yet their actions are just the opposite. According to the  International Energy Agency (IEA) that it will need US$1 trillion per year between now and 2050 to finance energy transition in Latin America, compared to the $150 billion […]

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Research Firm Predicts Thin Film Solar Cell Market To Reach $25.3 Billion by 2030

Research firm Allied Market Research has signaled bright times for thin film solar manufacturers with a CAGR (Compounded Annual growth rate) of 8.4% predicted for the period upto 2030. Increasing electricity prices, reduced dependence on foreign oil and fossil fuels, and the storage and later usage of power will drive the growth of the global […]

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GAIL India To Invest Rs 6,000 Crore In RE Projects For 1 GW

State-owned Gail India is going to invest Rs 6,000 crore on renewable energy projects in the next three years. And if required, the investment can go up by an additional Rs 20,000 crore by 2030, according to GAIL India CMD Manoj Jain. Although the plan is to commission 1 GW power from renewable energy within […]

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Disruption In Supply Chain Doubles Downtime Days For Solar Developers

Disruption in supply chain has reversed the downward trend in average business interruption (BI) claims for renewables developers, according to a report attributing the disruption in supply to surge in energy prices and the COVID-19 pandemic. The average number of downtime days has nearly doubled in the solar sector globally, surging beyond the renewable sector-wide […]

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Statkraft Commissions 76WM Nellai Solar Project; Its First In India

Norwegian Renewable energy player Statkraft has announced the commissioning of its first solar power project of a large scale in India. It has brought live a 76 megawatt (MW) Nellai solar installation at Ettanakulam in Tirunelveli district of Tamil Nadu. Statkraft is already the leading player in renewable energy in Europe and has an ambition […]

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The Top 5: Indian Cement Manufacturers & Their Efforts Towards Sustainability

The Indian Cement industry is the second-largest producer of cement in the world, while the Indian market is also the second-biggest consumer on the planet. The country had over 200 large cement producing plants and more than 360 small ones recording a turnover of around Rs 64,000 Crore in FY-20. With a massive and ongoing […]

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The Top 5: Steel Companies in India & Their Commitments to Reduce CO2 Emissions

The Iron and Steel industry is one of the most crucial parts of human existence. The development of any nation is directly linked to its steel consumption. The story is no different for India which is not only a consumer but also a significant producer of steel. Besides, producing 120 Million Tonnes (MT) of crude […]

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Global trailblazers offer inclusive off-grid solutions

By Chhavi Sharma, International Programme Manager, Ashden The shortlists for the annual Ashden Awards highlight a new crop of grassroots renewable energy solutions – revealing key trends in the sector, and raising the profile of its breakout stars. The awards accelerate climate innovation creating fairer, better low-carbon world. The awards shortlists, announced earlier this month, […]

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