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Renewable Energy

Cheaper renewable energy will leave new coal assets stranded

A new Ieefa report discusses the viability of under-construction coal-fired power plants and evaluates the associated stranded asset risk in building additional coal-fired capacity in India’s electricity system.


Adani Green to buy SB Energy’s 5 GW renewable portfolio in India

The Indian developer has agreed to acquire a 100% interest in SB Energy’s India renewable portfolio for approximately US$3.5 billion (INR 26,000 crore). The assets, totaling 4,954 MW, are spread across four Indian states.

Renewables accounted for 64% of India’s electricity generation capacity addition in FY21

India added 7.7 GW of new renewable energy (RE) capacity in FY2020-21, out of which 5.5 GW (71%) came from solar (grid-scale and rooftop) alone. Overall power generation capacity addition for the year stood at 12.1 GW.

Government to finance 100 MW Bangladeshi solar plant

The federal government will provide INR968 crore of soft loans for a INR1307 crore, 100 MW solar park near the Jamuna river in Bangladesh’s Jamalpur district, where a second park of a similar size is being planned by Dhaka and a Chinese partner.

JICA extends 10-billion yen support for renewable energy projects in India

Japan International Cooperation Agency has signed an agreement with Tata Cleantech Capital to mobilize JPY 10-billion debt fund for projects across renewable energy, e-mobility, and energy efficiency sectors.


‘Solar could supply half of a new 600 GW clean energy ambition’

U.S.-based researchers have modeled the costs of achieving 200 GW, 400 GW and 600 GW of renewables capacity in India this decade and concluded PV should supply no more than half of the generation facilities and policymakers should shift their focus to wind power.


India’s $122bn energy stimulus spending may benefit fossil fuels most

A report says India’s energy investment commitments over the last 14 months largely feature measures for power transmission and distribution that could benefit greenhouse-gas-producing fuels more than renewables.

Solar surpasses wind in India

In January, India’s cumulative PV capacity reached 38.8 GW. This was enough to surpass wind and make solar the first renewable energy source in the country.


Cabinet approves India, France MoU on renewable energy

The Memorandum of Understanding entails joint research and development projects in solar, wind, hydrogen and biomass energy.

Indian trough highlighted by Chinese solar glassmaker

Xinyi Solar has posted bullish annual figures on the back of an astonishing rebound in the global market following Covid travails at the start of 2020. There is one national market, however, which has not been invited to the party.


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