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Solar and Wind to be Cheapest Source of Power Generation by 2030

With the G20 summit underway in Hamburg today, the study carried out by Greenpeace Germany said in about half of the G20 countries, renewable energy has been cheaper or equal in price to electricity generated from dirty coal or hazardous nuclear power plants since 2015. Wind energy and solar power will be the cheapest form […]

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India Can Integrate 175 Gigawatts of Renewable Energy into the Electricity Grid: Study

The report developed under the U.S.-India bilateral program “Greening the Grid”, confirms the technical and economic viability of integrating 175 gigawatts (GW) of renewable energy into India’s power grid by 2022, and identifies future course of actions that are favorable for such integration Power, Coal, New & Renewable Energy, Piyush Goyal recently released the first part of the study “Pathways […]

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Renewable Energy Will Be Reaching 49 percent in India by 2040: BNEF

Wind and solar energy account for 48 percent of installed capacity and 34 percent of electricity generation world-wide by 2040. This is compared with just 12 percent and 5 percent today. Installed solar capacity increases 14-fold and wind capacity fourfold by 2040. We anticipate renewable energy reaching 74 percent penetration in Germany, 38 percent in […]

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Wind, Solar Power Could Overpower Political Winds: Deloitte Study

“Green energy no longer solely means environmental concerns, ‘green energy’ also means the dollars that can be saved by investing in wind, solar and other clean energy sources.” According to Deloitte’s annual “Resources 2017 Study – Energy Management: Sustainability & Progress” report the demand for renewable energy by consumers and businesses – along with a […]

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Mytrah Energy reports USD 362.23mn in revenue

The renewable power producer Mytrah Energy entered into PPAs  for 140 MW of solar power capacity, bringing the total to 422 MW AC in Telangana, Punjab and Karnataka Renewable energy company Mytrah Energy Ltd. announced its full year results for the year ended 31 December 2016. The company reported full year revenues of USD 362.23mn, […]

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India’s installed renewable energy capacity crosses 57GW mark

India is staying true to its ambitious renewable energy targets by showing a steady growth in renewable energy installations in the country India is staying true to its ambitious renewable energy targets by showing a steady growth in renewable energy installations in the country, which as of April 2017 account for 17.5 percent of the […]

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Largest Floating Solar Farm Reflects China’s Clean Energy Ambitions

China’s clean energy ambitions were being reflected in the launch of the world’s largest floating solar farm. The 40-megawatt power plant has 160,000 panels resting on a lake that emerged after the collapse of a coal mine in central Anhui province.  As the United States was withdrawing from the Paris climate pact, China’s clean energy […]

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EBRD Approves US$ 500 Million for Private Renewable Energy Projects in Egypt

The European Bank for Reconstruction and Development (EBRD) financing will support the development of private renewable energy projects under the Egyptian government’s feed-in-tariff programme. The European Bank for Reconstruction and Development (EBRD) has taken a major step forward in the rollout of renewable energy with the approval of a US$ 500 million framework to finance […]

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