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solar and wind

Coal Could Boom in India if Renewables Can’t Keep up With Growth: Rystad

A report by Rystad expects Coal in India to come back with a vengeance, growing by 43 percent to 1,523 TWh in 2037. Power generation from coal in India fell to a five-year low of “just” 1,064 terawatt-hours (TWh) in 2020 due to the COVID-19 induced slowdown. This was only a dip, however, as coal […]

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Coal Power may Have Already Passed its Peak, if India Delivers its RE Targets

An analysis by energy think tank Ember has revealed that coal power has continued to decline in India since reaching a peak in 2018. An analysis by energy think tank Ember has revealed that India’s coal power has continued to decline since reaching a peak in 2018. Coal-fired electricity generation in India fell 5 percent […]

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Masdar Achieves First Close on 1.6 GW RE Portfolio in US With EDF-R

Masdar has achieved the first closing on the acquisition of 50 percent of a 1.6 GW clean energy portfolio of projects in the US from EDF R Masdar, one of the world’s leading renewable energy companies, has announced recently that it has achieved the first closing on the acquisition of 50 percent of a 1.6-gigawatt […]

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Amazon Announces its Largest Single Renewable Energy Project

Amazon has now announced the Amazon-Shell HKN Offshore Wind Project, the firms’ largest single-site renewable energy project to date. On December 10, 2020, Amazon became the world’s largest corporate purchaser of renewable energy, and it continues to move quickly to power its operations with 100 percent renewable energy. In line with which, the firm has now […]

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RE Plus Storage is Cost Competitive With new Coal Plants in Tamil Nadu: Report

A new economic viability analysis reveals that RE along with battery storage in Tamil Nadu is cost-competitive with new coal power plants. A new economic viability analysis reveals that renewable energy (RE) along with battery storage in Tamil Nadu is cost-competitive with new coal power plants. The report finds the levelised cost of energy (LCOE) […]

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Power System Overcapacity Problem in Bangladesh Getting Worse: IEEFA

Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note by IEEFA. Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note released by the Institute for Energy Economics and Financial Analysis (IEEFA). Data from […]

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Excelsior Energy Capital Closes Inaugural Renewable Energy Fund at $504 Million

Excelsior Energy Capital, a leading independent North American renewable energy investor, today announced the final close of its inaugural fund, Excelsior Renewable Energy Investment Fund I, with total capital commitments of USD 504 million, exceeding the Fund’s USD 500 million target. The Fund will continue to invest equity in middle-market wind and solar power plants […]

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Neglecting Renewables Could Cost Indonesia’s Energy Edge: IEEFA

No country is immune to the rapid disruption occurring in the global energy sector. New technological innovations in both supply and demand have changed the technical versus economic discourse. Renewables are now cheaper than any fossil fuel in most parts of the world. And Indonesia’s no exception to this transition as per IEEFA. The sharp […]

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Discoms’ Dues to Gencos Rises to Rs 1.41 Lakh Crore in November

Discoms total dues owed to Gencos rose by over 35 percent YoY to reach Rs 1.41 lakh crore in November 2020 according to the PRAAPTI portal Power Distribution Companies (Discoms) total dues owed to power producers i.e. generation companies (Gencos) rose by over 35 percent year-on-year (YoY) to reach Rs 141621 crore (Rs 1.41 lakh […]

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