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renewables

Sydney Sets 100% Renewables Target For 2030

The city of Sydney has set an ambitious target of meeting 100 percent of its energy demands from renewable energy sources. “With our energy supply contract set to expire at the end of this year, we’re diving head first into Sydney’s renewable future by increasing our renewable electricity target from 50% to 100%,” a statement […]

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China’s Target of 20% Renewables by 2030, Considerably Harder

Tripling the share of non-fossil fuels will require a major overhaul of China’s recalcitrant power sector and the full deployment of a fledgling emissions trading system, they said in the journal Nature Communications.  China can easily meet its Paris climate pledge to peak its greenhouse gas emissions by 2030, but sourcing 20 percent of its energy […]

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Renewable Energy Buyers Alliance Launched with 60 GW Corporate Renewables Target by 2025

By working to unlock the marketplace for organizations to buy renewable energy, REBA hopes to bring more than 60 gigawatts of new renewables online in the United States by 2025. Google, Facebook, General Motors and Walmart, along with over 300 other companies, launched the Renewable Energy Buyers Alliance (REBA), the largest group of corporate renewable energy buyers in the […]

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South Korea Unlikely to Meet 2030 Renewables Target : WoodMac

South Korea is unlikely to meet its 2030 renewables target, according to consultancy firm Wood Mackenzie. According to the consultancy’s analysis, renewables will account for about 17% of the country’s power mix, a little shy of its original target. Shortly after Moon Jae-in took over the reins as President, the South Korean government unveiled its […]

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Germany Met 65% of its Weekly Energy Demands From Renewables 

Maintaining the trend of renewables regularly crossing the 50% mark, last week saw them supply 65% of power in Germany. Renewable energy made up 64.8% share of electricity generation in Germany last week, according to solar research institute Fraunhofer ISE. The achievement was mainly due to strong production from wind facilities. You must be wondering […]

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Will 2 Paise per Unit toll Smoothen the Renewables Road? Speedbreakers remain

News Reports confirm that the Centre has floated a fresh incentive of 2 paise per unit produced for new projects in states. The latest news of the central government  introducing a financial incentive for states when it comes to renewable energy production hopes to tackle two key issues facing developers. land and distribution access for […]

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Declaration Calls For More Ocean-Based Renewables

We must reconcile the desire to expand offshore renewables with the necessity to preserve our marine environment. The Belgian government recently organised a major international conference on ‘Climate Change and Oceans Preservation.’ The Belgian government asked WindEurope to run the panel on the happy co-existence of ocean energy and biodiversity. The panel comprised EU Commissioner […]

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Cheap Finance Can Make Renewables Cost-Competitive Faster in Developing Countries

A new report pinpoints how concessional finance can make wind, solar, and batteries cost-competitive faster in developing countries, accelerating the shift from fossil-fuelled power. Cut-rate financing has the potential to substantially speed the transition from fossil-fuelled power generation to renewable energy in developing countries, according to a new report produced by BloombergNEF (BNEF) and commissioned […]

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Viz-A-Viz with Ashish Khanna, President, Tata Power (Renewables)

Our policymakers will have to create an effective regulatory framework for the development and installation of a widespread solar water pump network. It will be largely beneficial if our farmers are made aware of the many benefits that come along with the adoption of solar water pumps as well. Policymakers can also incentivize the use […]

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