Global Energy Leaders to Convene at India Energy Forum by CERAWeek Conference to Discuss Turbulent Markets

The fifth annual event—to be held October 20-22, 2021—will gather energy leaders in New Delhi and virtually to propel important dialogue on India’s new energy future The dramatic turnaround in global energy markets—exemplified by acute energy crises in China and Europe; international gas and coal shortages; and renewed volatility in global oil markets—and India’s energy […]

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Orsted’s transition provides key insights for India’s public utilities and renewable energy companies

Orsted, the once state-owned Danish utility, transitioned from being one of the most coal-intensive utilities in Europe to a global leader in offshore wind energy. A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) charts Orsted’s energy transition journey and provides key insights for India’s massive transformation to its energy sector. “During Orsted’s […]

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World installs 6.1GW of Offshore Wind in 2020, led by China: GWEC

Offshore Wind capacity grew steadily in 2020, but governments will need to act decisively to improve policy in order to scale up installations at the pace required to help the world meet its carbon emissions targets and avoid the worst effects of global heating, according to the Global Wind Energy Council, which launches its flagship […]

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India’s wind market set to bounce back with 50% growth: Report

A new report, India Wind Energy Market Outlook 2025, jointly released today by the Global Wind Energy Council (GWEC) and MEC Intelligence (MEC+) finds that India, the world’s fourth-largest wind power market, is expected to add nearly 20.2 GW of new wind power capacity between 2021-2025. This would increase the country’s 39.2 GW wind market […]

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Universal Access to Sustainable Energy Will Remain Elusive Without Addressing Inequalities: Report

During the last decade, a greater share of the global population gained access to electricity than ever before, but the number of people without electricity in Sub-Saharan Africa actually increased. Unless efforts are scaled up significantly in countries with the largest deficits, the world will still fall short of ensuring universal access to affordable, reliable, […]

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Renewable sources set to expand in coming years at a much faster pace : IEA

Renewable sources of electricity such as wind and solar grew at their fastest rate in two decades in 2020 and are set to expand in coming years at a much faster pace than prior to the pandemic, according to a new report by the International Energy Agency. The growth in Europe and the United States […]

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A Record 260 GW of new renewable energy capacity added in 2020:IRENA

Global renewable energy capacity additions in 2020 beat earlier estimates and all previous records despite the economic slowdown that resulted from the COVID-19 pandemic said IRENA in a statement. According to data released by the International Renewable Energy Agency (IRENA) the world added more than 260 gigawatts (GW) of renewable energy capacity last year, exceeding […]

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India needs to be ready to ride the energy storage wave: IEEFA

Battery storage, green hydrogen and flexible coal-fired power generation can help India address its next big challenge of integrating large-scale variable renewable energy into the electricity grid over the next decade, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). “The transition to low-cost, variable renewable energy generation requires a flexible […]

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India added 1.1GW of onshore wind projects in 2020- lowest new in a decade: BNEF

India added 1.1GW of onshore wind projects in 2020 – the lowest new build in a decade. Siemens Gamesa kept its crown as market leader by accounting for nearly half of all capacity commissioned last year, with GE ranking second. Local suppliers lost ground against global turbine makers, as Inox and Suzlon together supplied 23% […]

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Global capital mobilising for India’s renewable energy infra opportunity: IEEFA

A huge global capital pool is mobilising to invest in renewable energy and grid projects in India, according to a new IEEFA report, with pull factors including solar power tariffs hitting record lows, plunging solar module costs, record low interest rates, and the security of government-backed, 25-year power purchase agreements (PPAs). “Domestic and global institutions across […]

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