irena

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Daily News Wrap-Up: India’s Module Manufacturing Capacity Grows in 1H

India added 11.3 GW of solar modules and 2 GW of cell manufacturing capacity in the first half of 2024, according to Mercom India’s recently released research report,...

October 9, 2024

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Mercom Staff

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Daily Wrap-up
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Solar Represents 44% of Global Renewable Energy Jobs: IRENA

The global renewable energy workforce grew to 16.2 million in 2023 from 13.7 million in 2022, the International Renewable Energy Agency (IRENA) has said in its Renewable...

October 8, 2024

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Tina Freese

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Solar

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Wind
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86% of New Clean Power Capacity Cheaper Than Fossil Fuels in 2023: IRENA

Renewable energy costs have decreased in 2023, making clean energy sources more economically viable than fossil fuels. This reflects the broader progress in the global...

September 26, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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Current Renewable Energy Growth Rate Falls Short of 2030 Target: IRENA

The International Renewable Energy Agency (IRENA) has released a new report saying the world must achieve a minimum annual growth rate of 16.4% in renewable energy...

July 22, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: IREDA Approves Loans of ₹373.54 Billion in FY24

Government-owned lender Indian Renewable Energy Development Agency approved loans amounting to ₹373.54 billion (~$4.48 billion) and disbursed ₹250.89 billion (~$3.01...

April 3, 2024

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: NTPC’s 3 GW FDRE-II Auction Result

ABC Cleantech (Axis Energy), Juniper Green Energy, Serentica Renewables India 11 (Serentica Renewables), Tata Power Renewable Energy, and ReNew Solar Power won...

March 26, 2024

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Mercom Staff

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Daily Wrap-up
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 Global Renewable Energy Capacity Additions Falling Short of Target: IRENA

Achieving the target set at COP28 in Dubai last year of tripling renewable energy capacity by 2030 is contingent on global determination, policy support, and investment...

March 22, 2024

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Mercom Staff

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Markets & Policy

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Renewable Energy
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Daily News Wrap-Up: PFC’s Tender to Evacuate 1.5 GW of Renewable Power

PFC Consulting invited bids to develop an interstate transmission system to evacuate 1,500 MW of power from renewable energy projects in Maharashtra’s Solapur special...

July 3, 2023

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Mercom Staff

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Daily Wrap-up
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Lack of Reliable Financing and Data Affects Cost of Capital for Renewables

The International Renewable Energy Agency (IRENA), in a recent report, has revealed a method used to calculate the cost of capital for clean technologies to help...

June 30, 2023

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Gourav Mishra

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Finance and M&A

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Other
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Daily News Wrap-Up: SJVN’s Tender to Procure 1.5 GW of Renewable Power with Storage

SJVN has invited bids to select renewable developers for the supply of 1,500 MW of power from interstate transmission system-connected renewable energy projects with...

June 28, 2023

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Mercom Staff

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Daily Wrap-up
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Annual Renewable Deployment of 1,000 GW Needed to Stay on a 1.5°C Pathway

To stay on track for a 1.5°C pathway, an annual deployment of approximately 1,000 GW of renewable power is necessary, according to a recent report by the International...

June 27, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Faster Deployment of Renewable Energy a Must to Achieve Climate Change Goals

To achieve universal access to affordable, reliable, and sustainable energy and achieve climate change goals, there is a need for accelerated deployment of renewable...

June 8, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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Global Energy Transition Requires $35 Trillion Investment Over Next Decade

The lack of adequate progress in the global energy transition will require even more investment, and a systematic change in the volume and type of investments is...

March 30, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Renewables Accounted for 83% of the Total Generation Capacity Added in 2022

Renewable capacity grew by 9.6% in 2022, adding a record 295 GW worldwide. This accounts for 83% of all power capacity added last year and brings the global renewable...

March 24, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Investments in Renewables Reach New High in 2022 But Need Massive Increase

Global investments in energy transition technologies achieved a historic milestone by reaching a record high of $1.3 trillion in 2022, a 19% increase over 2021 and a 50%...

March 16, 2023

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Arjun Joshi

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Finance and M&A

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Renewable Energy

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