India’s wind-solar hybrid capacity could grow 80 times in three years
A new report by the Institute for Energy Economics and Financial Analysis (Ieefa) and JMK Research estimates India to have about 11.6 GW of operational wind-solar hybrid capacity by 2023.
Auctions show Indian renewables still primed for growth
A report by the Institute for Energy Economics and Financial Analysis says there is plenty of investment capital available for Indian renewables despite pandemic disruption.
Rajasthan could add 22.6 GW of new renewable energy capacity to the grid within a decade
The state—which has already installed an aggregate 9.6 GW of renewable energy capacity as of FY 2019-20 end—will add another 22.6 GW to the grid by the end of FY2029-30. Of the new RE addition, 18 GW will come from solar capacity.
IEEFA: Why India can’t match the Gulf region’s record-low solar tariffs
India’s solar tariffs—whilst some of the lowest in the world—are almost double the Gulf region’s US¢1.35-1.80/kWh.
Global green hydrogen project pipeline reaches 50 GW
International thinktank IEEFA says there are 50 viable green hydrogen projects under development with an estimated renewable energy capacity of 50 GW and the potential to produce 4 million tonnes of the fuel annually.
Early coal plant retirement first hurdle in reducing discom debt
The Indian power distribution sector needs bold policy choices such as the closure of old, inefficient coal-based power plants to improve its financial viability. Early retirement of expensive coal power contracts will result in significant savings for the states as they can contract cleaner, cheaper renewable power.
Commercial and industrial rooftop solar set to surge
Rooftop solar is the obvious choice to save on electricity costs for businesses as they look to preserve capital and find ways to cut expenses post Covid-19.
Historic-low interest rates will power ahead astonishing solar cost reductions
An Ieefa report has suggested the cost of generating electricity from solar will be near zero in the world’s sunniest regions by 2030-40 – despite what the naysayers at the International Energy Agency might think.
Solar tariffs below Rs 2.55/kWh financially unviable now, says Ieefa
To earn reasonable returns on solar projects, developers must factor in the various risks and correctly estimate the cost of every component before bidding.
Gigawatt scale ‘ultra-mega’ solar parks driving India’s energy transition
India hosts numerous 1 GW-plus solar parks, two of which are the largest commissioned in the world. The huge sites have been instrumental in driving economies of scale and continue to attract global capital and some of the most recognized renewables developers.
