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After Capacity Battle, Shifting Renewables’ Focus to Generation Key, Says REN21

Even though renewables added 83% of new power capacity in 2020, their share in global electricity generation increased by only 2.7%, shows a new report by REN21, a think tank and a multi stakeholder governance group focused on renewable energy policy. The Renewables 2021 Global Status Report finds that despite the impacts of the COVID-19 pandemic, renewable […]

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The Place of Renewables in India’s Future Power Grid

Indian power sector, one of the largest in the world, comprises one synchronised national grid that serves the entire nation. In the last decade, the transmission system has expanded from 2.4 L circuit kilometres in 2011 to 4.4 L circuit kilometres in 2021, with inter-regional transfer capacity growing to 105 GW. A recent energy event […]

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ICRA Places 4 GW Projects At Risk Of Escalations Due To Higher Import Costs

The hiked prices of imported solar PV modules by nearly 15-20% over the last 4-5 months, may impact the returns of solar power project developers.  According to a recent release by the independent rating agency ICRA, the price rise in imported solar modules has been mainly caused due to anincrease in the price of polysilicon, […]

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Australia’s H2 Trade May be Worth US$90 billion in 2050: WoodMac

Low-carbon hydrogen could become a US$50 billion to US$90 billion export industry for Australia in 2050, says Wood Mackenzie. Australia rates consistently in the top echelons for solar irradiance and has vast potential for largescale carbon capture and storage (CCS). It has showed the world the path forward with its stationary battery storage flexibility at […]

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Heliogen Raises $108 M for Deploying RE Tech for Heat, Power, Green H2

California-based Heliogen, a renewable energy technology company, recently announced that it has raised $108 million in two funding rounds to accelerate the global deployment of its Sunlight Refinery™, a turnkey concentrated solar energy system that aims to make carbon-free energy for high-temperature heat, power, and green hydrogen accessible and more cost-effective than fossil fuels for the […]

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WindEurope Calls for Ban on Landfilling Turbine Blades

European Wind Energy Association, now WindEurope has asked for a Europe-wide landfill ban on decommissioned wind turbine blades by 2025. At the Spanish Wind Energy Association (AEE)’s Annual Congress Giles Dickson, CEO of WindEurope, and Juan Virgilio Márquez, General Director of AEE, yesterday called upon the European Commission to propose a Europe-wide ban on landfilling […]

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JSW Steel, CSIR-NCL, Scotland Join ‘India H2 Alliance’

The India H2 Alliance has expanded its membership with the inclusion of JSW Steel, which joins the IH2A energy transition coalition as the Steel and Cement Work Group lead, along with two government agencies – CSIR-National Chemicals Laboratory (CSIR-NCL) and Scottish Development International (SDI), the international arm of the Scottish Government; and three national sustainability […]

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IFC and Rockefeller Foundation to Co-finance RE Development in Africa

The International Finance Corporation, the private sector arm of the World Bank Group, and The Rockefeller Foundation (RF) yesterday announced a new partnership to finance renewable energy development in Sub-Saharan Africa and some other regions. The joint venture aims to deploy $150 million of RF’s catalytic capital in blended finance to mobilize up to $2 […]

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String Of Awards Recognise Solis at SNEC 2021 in China

Global string inverter major Solis received multiple awards at the International Photovoltaic Power Generation and Smart Energy Conference & Exhibition held at the 15th SNEC (2021), which concluded on June 5 in Shanghai, China. The company said that its innovative high current and high power inverters showcased the high quality customer experience, besides economical and reliable […]

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