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India

NTPC units faced coal shortage in FY17-19; CERC denies relief

September 3, 2019 Anand Gupta

Company blames Coal India and Centre’s no-import policy NTPC, the country’s largest power generator, has said many of its units faced a coal shortage in the past two financial years, owing to low production and the Centre’s restriction on importing it. In a recent petition to the Central Electricity Regulatory Commission (CERC), it said this […]

Asia - Pacific

Already Cheaper Than Gas, China’s Renewables to Undercut Coal by 2026

August 23, 2019 Anand Gupta

Average solar prices in China have fallen below wind for the first time this year, Wood Mackenzie says. As China moves toward a subsidy-free era for wind and solar projects beginning in 2021, the economics of renewable power have come into the spotlight. The average levelized cost of electricity (LCOE) for solar and wind power […]

India

Renewable energy sources defeating coal, says report

August 20, 2019 Anand Gupta

Lenders prefer renewable energy over coal, especially in 2018: Centre for Financial Analysis Report Coal Vs Renewable Is coal losing its charm? Yes, if the recently released report Coal Vs Renewable is to be believed. Lenders prefer renewable over coal, especially in 2018, says the report released on August 16, 2019. The finding becomes relevant […]

Featured

China provides $1 billion in ‘green’ finance to coal projects in first half of the year

August 19, 2019 Anand Gupta

SHANGHAI: Chinese financial institutions provided at least $1 billion in “green” financing to coal-related projects in the first half of this year, a review of financial data showed, with fossil fuels still playing a major role in Beijing’s energy strategy. According to Shanghai-based financial data provider Wind, 7.4 billion yuan ($1.1 billion) in green corporate […]

India

Clean energy projects get four times more finance than the coal-fired ones in 2018: Report

August 19, 2019 Anand Gupta

NEW DELHI: India may be the fastest growing energy market in the world, but its lending to coal power projects had seen a massive dip last year as compared to 2017. The renewables (solar and wind) had, on the other hand, attracted four times more project finance lending than what was earmarked for coal-fired power […]

Featured

Coal Vs Renewables Finance Analysis

August 16, 2019 Anand Gupta

Coal Vs Renewables Finance Analysis For more information please see below link:

Asia - Pacific

Australia, under fire for coal, pledges $339 million for Pacific climate change

August 13, 2019 Anand Gupta

NADI, Fiji : Australia will donate A$500 million ($339 million) to Pacific Islands for renewable energy projects and to help its neighbours prepare for the impact of climate change, Prime Minister Scott Morrison said on Monday. The low-lying islands of the Pacific are seen as the front line of global climate change, battling rising sea […]

Electric Vehicles

Why electricity supplied to Electric Vehicles in India is not so green

July 10, 2019 Anand Gupta

Depending on country’s electricity-generation sources, electric vehicles are largely not emissions-free in most of the countries. Electric Vehicles (EVs) seemed like a solution to growing pollution by emissions and heavy oil imports. The Union Budget 2019 by the NDA-led government has tried to promote both the indigenous manufacturing of EVs and purchase benefits with tax […]

India

Economic Survey: Fossil fuels, coal to remain an important source of energy

July 5, 2019 Anand Gupta

This comes after India making huge strides in ramping up renewable energy capacity and improving energy efficiency through various policy initiatives New Delhi: The Economic Survey 2018-2019 tabled in Parliament on Thursday said India would continue its reliance on fossil fuels, especially, coal in the coming future for meeting its energy requirements. This comes after […]

India

Coal will still meet nearly 50% of India’s energy needs in 2030 despite focus on renewables

July 3, 2019 Anand Gupta

A mismatch between peak periods of demand and output from renewables means coal will remain the primary energy producer, a report by the Central Energy Agency states. New Delhi: Coal may account for half of India’s power generation in 2030 despite a boom in solar and wind energy projects, according to analysis by the country’s […]

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