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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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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