Hybrid Renewable Tariffs to Continue at a Premium over Solar: India Ratings

India Ratings and Research (Ind-Ra) believes that upcoming wind-solar hybrid auctions will spark cautious optimism among independent power producers. Technical complexities related to grid integration and inclusion of floor capacity proportion of wind projects (at least 33% of the total contracted capacity) in the hybrid mix could weigh on the project economics and tariff assumptions. […]

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India Stationary Energy Storage Market set to double its annual capacity additions before 2027

India Energy Storage Alliance (IESA) in its flagship report the 6th edition of “Stationary Energy Storage Market Overview Report” forecasts the India Stationary Energy Storage Market to double its annual capacity additions before 2027. IESA has estimated the stationary energy storage market potential in India to be around 230 GWh during the period 2020-2027. The […]

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Improving Resilience of Distribution Utilities : White Paper

The COVID-19 pandemic has brought to the fore the critical need for building resilience in distribution utilities (DISCOMs). It is important to proactively plan to safeguard the DISCOMs to minimize and mitigate the impact of such threats and ensure business continuity and stable power supply. The US-India bilateral program, Smart Power for Advancing Reliability and […]

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Enhancing Customer Centricity in the Electricity Distribution Sector

Power utilities need to have more customer-centric business operations to keep up with the increasing awareness and expectations of their customers. They can learn from the best practices of other sectors such as telecom and banking on enhancing customer experience. KPMG, as the implementation partner of the USAID Smart Power for Advancing Reliability and Connectivity […]

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Energy Transition in Heating and Cooling needs Urgent Action: Study

A new study by leading energy organisations  says that the transition to cleaner, more sustainable heating and cooling solutions can attract investment, create millions of new jobs and help to drive a durable economic recovery in the wake of the global COVID-19 crisis.  The joint report by the International Renewable Energy Agency (IRENA), the International […]

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India, EU to Drive an Expansion of Global Renewable Capacity : Research And Markets

Research firm -Research And Markets in its report expects India and the EU will drive an expansion of global renewable capacity additions of nearly 10% next year due to the commissioning of projects that were delayed by the COVID-19 pandemic. The firm noted that, if this growth continues as expected, wind and solar capacity could […]

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Share of renewables in energy mix came down from 11.4 to 10.7 per cent in Q2

According to the latest edition of  CEEW Centre for Energy Finance’s quarterly Market Handbook, share of renewable energy  in the energy mix decreased marginally from 11.4 per cent in Q2 FY20 to 10.7 per cent in Q2 FY21. A prominent reason for the decline was the unseasonable and sharp reduction in wind speeds in resource-rich […]

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Investment in renewables must triple to meet climate goal: IRENA

According to a new report from the house of International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI), Global renewable energy investment increased between 2013 and 2018, reaching its peak at USD 351 billion in 2017. The  Global Landscape of Renewable Energy Finance 2020 edition highlights that while a cumulative USD 1.8 trillion were invested […]

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Renewable Energy Jobs Continue Growth to 11.5 Million Worldwide: IRENA

According to the latest figures released by the International Renewable Energy Agency (IRENA),  Renewable energy continues to bring socioeconomic benefits by creating numerous jobs worldwide. The seventh edition of Renewable Energy and Jobs – Annual Review shows that renewable energy jobs in the sector reached 11.5 million globally last year, led by solar PV with some 3.8 […]

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