Solar at the Centerstage, India's Power demand Outpaces other Regions by 2030_ IEA Report

Solar at the Centerstage, India’s Power Demand Outpaces other Regions by 2030: IEA Report

Solar is likely to be the new king in the world's electricity market, and India could be a leading market for utility-scale battery storage, says International Energy Agency's latest World ...
/ / Markets & Policy, Solar
US Companies Ask Insurers to Say No to Fossil-Fuel and Support Renewable Businesses

US Companies Ask Insurers to Say No to Fossil-Fuel and Support Renewable Businesses

Sixty U.S. companies have teamed up to persuade American insurers to ditch fossil fuel-based businesses. In a letter to insurers, these businesses said: “As insurance customers, we are expressing our ...
/ / Other, Other Energy
Solar Curtailment Could Rise Globally as PV Penetration Increases

Solar Curtailment Could Rise Globally as PV Penetration Increases

The trend of curtailment of renewable power has started taking shape globally. Power firms in China, Chile, several U.S. markets, including Arizona, California, Hawaii, and Texas, had to curtail at ...
/ / Markets & Policy, Solar
Shutting Down Old & Under-Construction Coal Projects Could Save ₹1.1 Trillion: Report

Shutting Down Old & Under-Construction Coal Projects Could Save ₹1.1 Trillion: Report

In India, shutting down 20-year or older coal-fired power projects and scrapping under-construction thermal power projects could save the government, power distribution utilities, and consumers almost ₹1.1 trillion (~$15 billion), ...
/ / Other, Other Energy
Thermal Units May Recover Pollution Control Retrofit Costs Over 25 Years, Suggests CERC

Thermal Units May Recover Pollution Control Retrofit Costs Over 25 Years, Suggests CERC

Thermal power projects retrofitting pollution control systems on commissioned units will be allowed to recover their costs in parts from buyers during the tenure of power purchase agreements, Central Electricity ...
/ / Other, Other Energy
US-Based Solar Workgroup Offers Renewable Jobs to Coal Workers

US-Based Solar Workgroup Offers Renewable Jobs to Coal Workers

U.S.-based of The Solar Workgroup of Southwest Virginia has launched a new initiative to set up commercial-scale solar installations in the coalfield region of Southwest Virginia and offer renewable energy ...
/ / Solar, Utility Scale
UN Secretary-General Calls on India to Take Lead in Global Transformation to Renewables

UN Secretary-General Calls on India to Take Lead in Global Transformation to Renewables

United Nations Secretary-General, António Guterres, called on India to take the lead in transforming global economic, energy, and health systems to save lives, create inclusive economies, and avert the threat ...
/ / Other, Renewable Energy
Solar and Wind Installations Outshine Fossil Fuel-Based Installations in 2019_ Report

Solar and Wind Installations Outshine Fossil Fuel-Based Installations in 2019: Report

As the world embraces renewable energies to combat the disastrous effects of climate change, solar and wind power installations continue to surge despite challenges. BloombergNEF’s (BNEF) Power Transition Trends 2020 ...
/ / Other, Renewable Energy
India Installs Just 205 MW of Solar Capacity in Q2 2020

India Installs Just 205 MW of Solar Capacity in Q2 2020

India added only 205 MW of solar capacity in the second quarter of 2020 (Q2 2020), an 81% decline from the previous quarter's 1,090 MW of additions. The findings were ...
Solar’s Share in India’s Installed Power Capacity Mix Rises to 9.8% as of Q1 2020

Solar’s Share in India’s Installed Power Capacity Mix Rises to 9.8% as of Q1 2020

The share of renewable energy (including large hydro) in India’s overall installed power capacity mix rose marginally to 36.2% at the end of the first quarter of 2020, from 35.9% ...
Gujarat Successfully Runs Coal Project at 40% Capacity to Support Renewable Integration

Gujarat Successfully Runs Coal Project at 40% Capacity to Support Renewable Integration

The Gujarat State Electricity Corporation Limited (GSECL) has successfully managed to operate its 500 MW Ukai unit under its coal-based power project at 40% of its capacity during a recently ...
India Likely to Stop Coal Imports by 2023-24

India Likely to Stop Coal Imports by 2023-24

The Union Minister of Coal and Mines, Pralhad Joshi, recently announced India’s plans to stop the import of thermal coal from 2023-2024. Coal-based power makes up the largest share of ...
/ / Other, Other Energy
Solar’s Share in India’s Total Installed Power Capacity Reaches 9.6% at the End of 2019

Solar’s Share in India’s Total Installed Power Capacity Reaches 9.6% at the End of 2019

Renewable energy (including large hydro) accounted for almost 36% of India’s total power capacity mix at the end of the calendar year (CY) 2019, according to data from the Central ...
Coal India Invites Expression of Interest for a 100 MW Solar Project in Chhattisgarh

Coal India Invites Expression of Interest for a 100 MW Solar Project in Chhattisgarh

Coal India Limited (CIL) has issued an Expression of Interest (EoI) to set up a 100 MW solar pilot project in Chhattisgarh for captive consumption to help it meet its ...
Andhra Allocates ₹5.57 Billion Towards Payment Security Mechanism for Power Purchase

Andhra Allocates ₹5.57 Billion Towards Payment Security Mechanism for Power Purchase

The state government of Andhra Pradesh has set aside a sum of ₹5.57 billion (~$79 million) towards payment security mechanism as notified by the government recently. The amount will be ...
/ / Markets & Policy, Solar
International Solar Alliance Gets a New Member_ Bolivia

Tata Power Decides to Pull the Plug on Coal-Based Power: Report

In a surprise move, Tata Power, one of India’s largest power producer, has announced that it will not build any new coal-fired power project in the future and majority of ...
/ / Other, Renewable Energy
Spot Power Price Declines by 7% to ₹3.46/kWh in July but Still Higher than Solar Tariffs

Peak Power Demand in India Increased Year-Over-Year by 4% in January 2019

According to the Indian Energy Exchange (IEX), the all India peak demand touched 162 GW in January 2019, registering a 4 percent increase over the peak demand registered in January ...
/ / Markets & Policy, Solar
Madhya Pradesh Electricity Commission Condemns Payment Delay by DISCOM to Adani Green

Solar’s Share in India’s Total Installed Capacity Rises to 7.9% at the End of 2018

Renewable energy capacity additions continue to increase at a significant pace in India, accounting for approximately 22 percent of India’s power capacity mix at the end of December 2018. India’s ...
/ / Mercom Research Focus, Other
Share of Solar Rises to 7.46% of India’s Total Installed Power Capacity

Share of Solar Rises to 7.46% of India’s Total Installed Power Capacity

Renewable energy capacity additions continue to increase in India, accounting for approximately 21.41 percent of India’s capacity mix at the end of September 2018. This is an 0.48 percent increase ...
/ / Markets & Policy, Solar
Standard Chartered Creates Sustainable Financing Team to Increase Focus on Renewables

Standard Chartered Creates Sustainable Financing Team to Increase Focus on Renewables

To propel its push into emerging markets focused on sustainable financing, Standard Chartered, an international bank listed on the London and Hong Kong Stock Exchanges as well as India’s Bombay ...
/ / Other, Renewable Energy
Decrease in Cost of Solar by 50% can Increase Solar Penetration by 8 Times: NITI Aayog

Decrease in Cost of Solar by 50% can Increase Solar Penetration by Eight Times: NITI Aayog

Solar penetration in India is highly cost sensitive, says a recent working paper released by the National Institute of Transforming India (NITI) Aayog. The study is based on India’s energy ...
/ / Markets & Policy, Solar
Tamil Nadu Sets ₹3.97/kWh as Pooled Cost of Power for Renewables

Spot Power Price Rose 41% Due to Shortage of Coal, Reduced Generation from Hydro and Wind

Spot power price witnessed an unprecedented spike in September 2018, reversing the trend from the previous months. In September 2018, the recorded spot power price was ₹4.69 (~$0.063)/kWh. This is ...
/ / Grid, Market & Policy
Indian Public Sector Banks Issued More Loans to Coal than Renewables

Indian Public Sector Banks Issued More Loans to Coal than Renewables

Public sector banks in the country funded more coal projects than renewable projects in 2017, according to the latest report issued by the Center for Financial Accountability (CFA), a financial ...
/ / Other, Other Energy
Solar Power Generation in India Jumped 86 Percent in 2017

Solar Power Generation in India Jumped 86 Percent in 2017

India’s increasing efforts towards expansion of renewable energy have led to a substantial increase in solar power generation over the past year. In the calendar year 2017, the total solar ...
/ / Markets & Policy, Solar
Solar Was the Top Source of New Power Capacity Addition in 2017

Solar Was the Top Source of New Power Capacity Addition in 2017 For the First Time in India

Solar was the leading source of new power capacity additions in the calendar year 2017 with installed capacity of approximately 9.5 GW accounting for 45 percent of total power capacity ...