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solar electricity

Renewable Energy Employs 9.8 Million People Worldwide: IRENA

“Falling costs and enabling policies have steadily driven up investment and employment in renewable energy worldwide since IRENA’s first annual assessment in 2012, when just over seven million people were working in the sector.” According to a new report from the International Renewable Energy Agency (IRENA) more than 9.8 million people were employed in the […]

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Poverty elimination cannot be ensured in Africa without ensuring energy

Shri Piyush Goyal launches 3rd ISA programme on ‘Scalling Up Minigrids and Microgrids’ in the annual meeting of African development bank today Union Minister of State for New & Renewable Energy, Power, Coal and Mines Shri Piyush Goyal launched 3rd International Solar Alliance programme on ‘Scalling Up Minigrids and Microgrids’ at the annual meeting of […]

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Failure by States to Pay for Renewable Power May Trip Green Energy Target by 2022

Renewable purchase obligation (RPO) refers to the mandate imposed by law on some entities, mainly power distribution companies, to procure a certain part of their power requirement from renewable sources. States are lagging behind in meeting their renewable purchase obligation target which is a key policy instrument to meet the goal of installing 175 gigawatt […]

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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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ABB’s MGS100 microgrid technology lights up businesses and rural communities

ABB’s MGS100 brings together all the components required for a sustainable microgrid in a single device, making it extremely versatile and flexible ABB is bringing affordable, safe and reliable electricity to remote communities with its new integrated microgrid solution, MGS100 that combines solar power and enables battery energy storage. The MGS100, built to perform in […]

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Ripple effect of India’s energy shift visible globally

The Indian government’s striking policy shift towards renewable energy sources — away from more expensive and polluting fossil fuels — is a strong global endorsement of the country’s leadership,” Tim Buckley, Director at the Cleaveland-based Institute for Energy Economics and Financial Analysis (IEEFA) said India’s solar tariffs have fallen 40 per cent in just 16 […]

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Renewable energy in key markets will see global power investment reach $443.5 billion in 2017: Frost & Sullivan

Frost & Sullivan notes that solar photovoltaic (PV) will be the fastest growing segment, followed by wind power, accounting for 37.5 percent and 21 percent of global investment, respectively, by 2020. Continued regulatory support for renewable energy in key markets will see global power investment reach $443.5 billion in 2017 said Frost & Sullivan in its report. […]

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Google’s Project Sunroof Launched in Germany

A solar power initiative started by Google engineer Carl Elkin, Project Sunroof stated purpose is “mapping the planet’s solar power potential, one roof at a time, and now it has been launched in Germany. Google’s Project Sunroof, which estimates whether homes get enough sunlight to switch over to solar power, has been launched in Germany. […]

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