Rapid shift to solar energy is key to enhancing MSME productivity and exports
The biggest incentive in pushing the rooftop solar projects in the micro, small and medium enterprises (MSMEs) is that it will bring a sizable part of India’s manufacturing under the green protocols. Additionally, it offers the micro-enterprises, which are jointly situated in the industrial clusters, an opportunity to unlock value by making use of their rooftops and vacant spaces for harnessing clean energy.
Adani Green ranked among top 10 RE companies globally for ESG performance
ISS ESG, the responsible investment arm of Institutional Shareholder Services, has placed Adani Green Energy Ltd (AGEL) in the ‘Prime’ B+ band for its high level of transparency
Southeast Asia solar markets set for growth this year
New PV capacity additions in Southeast Asia are expected to bounce back this year for the first time since 2020, according to the Asian Photovoltaic Industry Association. The market is expected to grow by 13% in 2023, for 3.8 GW of new installations.
Reviving stranded power plants better than investing in new thermal capacity
Strategic acquisitions and subsequent revival of stranded thermal power plants will better serve India’s short-term energy security needs than investing in new ones.
India, France discuss ISA priorities for accelerating global energy transition
In a meeting with the French delegation, India’s power minister emphasized the role of insurance for renewable energy projects, payment security mechanism, and debt financing in attracting investment into renewable energy.
Faster electric car rollout in Bangladesh demands policy support
The economic burden of air pollution in Bangladesh, for which transport is one of the major reasons, calls for strong policy-level intervention to increase the adoption of electric cars.
US green hydrogen market to grow six-fold to $1.4 trillion, said Deloitte
By 2050, the practice of using renewable energy to electrolyze water and create hydrogen fuel may reach a global market of well over $1 trillion USD.
India remains world’s most attractive solar market
India has retained its crown as the most attractive market for solar investment, according to the latest edition of Ernst & Young’s renewables attractiveness index.
Global rooftop PV additions soar by 50% to 118 GW in 2022
The world installed 239 GW of new solar capacity in 2022, according to SolarPower Europe. The rooftop PV segment accounted for 49.5% of additions – the highest share in the past three years. The rooftop sectors in Brazil, Italy, and Spain grew by 193%, 127%, and 105%, respectively.
PPA prices falling across Europe, says Pexapark
Pexapark says power purchase agreement (PPA) prices are falling in Europe, with prices in Spain and Portugal down by 6.4% and 6.2% to €40.90 ($43.99)/MWh and €39.60/MWh, respectively.
