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 …
Market
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 …
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 …
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 …
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 …