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 …
Market
PIL scheme for solar PV modules positive for domestic OEMs: ICRA
The Ministry of New & Renewable Energy, Government of India, has notified the guidelines for the Production Linked Incentive (PLI) scheme to promote the domestic …
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 …
Basic custom duty effect – Solar tariff likely to rise in near term says ICRA
Because of imposition of basic custom duty on equipment, solar power tariffs may rise in near term ,though they would remain cost competitive for the …
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 …
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 …
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 …
Total Corporate Funding in Solar Sector Increased 24 percent in 2020: Mercom Capital
Total corporate funding into the solar sector globally, including venture capital and private equity (VC), debt financing, and public market financing, came to $14.5 billion, …
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 …
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 …