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Policy

67.6 GW of excess coal-fired power capacity can be retired in India

A new report says India has an estimated 29% of the installed fossil fuel capacity in excess of what is required to meet its 2021 peak electricity demand. This 67.6 GW overcapacity, all coming from coal-fired plants, is costing around US$ 2.1 billion (INR 15,780 crore) annually in fixed operating and maintenance costs. 

India and Australia’s richest race to net-zero by 2030

Today, both Reliance and Fortescue are realizing the huge investment, employment, import replacement and export opportunities in zero emissions industries of the future, both for India and Australia. And they look to be leading the way, fully supported by global financial institutions increasingly seeking to deploy trillions of patient capital in low volatility, non-commodity price exposed zero-emissions energy sources of the future.

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Emerging trends in the Indian solar power sector

The Indian solar power sector is undergoing a technology-backed transformation at every stage from manufacturing to installation to improve cost and performance efficiency.

All-renewables power system with 76% solar share could halve electricity costs and drive net-zero by 2050

A power system modeling study, jointly carried out by Lappeenranta-Lahti University of Technology (LUT) and Wärtsilä, explores the feasibility of a net-zero-emissions power system in India by 2050. It shows that an all-renewables power system, when paired with flexible generation technologies (thermal balancing power plants and energy storage), can improve the affordability of electricity while ensuring the reliability of system operations.

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Silicon metal and aluminum industries hit by China power shortages

A combination of booming demand for coal-fired power and a shortage of the black stuff – exacerbated by a political row with Australia – have forced up prices to the extent fossil fuel generators are making a loss on every unit of electricity they produce. pv magazine‘s Vincent Shaw considers the potential solutions.

Consultancy sought for India-funded 100 MW solar plant in Bangladesh

The majority of the finance for the $177 million, Jamuna river project will be provided in the form of soft loans from the Indian government and officials are reportedly already planning a second 100 MW facility with a Chinese firm on nearby land.

Renewables vs. Nuclear: 256-0

The latest World Nuclear Industry Status Report shows that the world’s operational nuclear capacity grew by just 400 MW in 2020, with generation falling by 4%. By contrast, renewables grew by 256 GW and clean energy production rose by 13%. “Nuclear power is irrelevant in today’s electricity capacity market,” the report’s main author, Mycle Schneider, told pv magazine.

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A circular economy can support India’s push for clean energy and self-reliance

Recovering valuable raw materials from end-of-life solar panels and batteries presents a great opportunity for India to secure their future availability as the nation chases its ambitious renewable energy targets.

Solar on new-build homes has significantly shorter payback period

A report by BloombergNEF and Schneider Electric has pressed the case for governments to unlock the world’s potentially huge rooftop solar potential, and cited California’s solar mandate as a shining example.

An open letter to power minister on Draft Electricity Rules, 2021

The current proposed draft policy has the potential to act as a game-changer for the renewable energy industry. However, the government needs to relook at certain elements.

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