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IEEFA report: Volts from the blue – floating solar to generate 900% more electricity across Asia-Pacific

From below 1MW before 2019, ASEAN nations now have over 51MW installed and 858MW planned Asia leads Europe in deploying floating solar, also known as floating photovoltaic (FPV), a new IEEFA report finds. Energy finance analysts Sara Jane Ahmed and Elrika Hamdi note that power demand in the Philippines and Malaysia has dropped by as […]

India on track to achieving climate goals: PM

IEEFA India: World-leading solar parks kick-start India’s dynamic clean energy transition

Ultra-mega utilities attract foreign capital and global developers to a renewables investment boom The Indian government set itself a formidable target in 2016: Install a massive 175 gigawatts of renewable energy by the 2021/22 financial year and 275 gigawatts by FY2026/27 to transform the country’s power sector from an expensive, unreliable, and polluting fossil fuel‑based […]

In Yogi’s UP, solar rooftop users get subsidy, Rs 20.69 lakh transferred to account of 69 consumers

IEEFA update: Who would still fund a new coal power plant in India?

Coal power generation has worn 100% of the COVID-19 power demand drop The coronavirus pandemic and national lockdown has highlighted the growing financial risks to India’s coal-fired power plant sector, a technology being superseded by international finance investing in new, cheaper, and cleaner renewable energy, finds a new IEEFA briefing note out today. Entitled Who […]

India on track to achieving climate goals: PM

Renewable energy sources defeating coal, says report

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 […]

In Yogi’s UP, solar rooftop users get subsidy, Rs 20.69 lakh transferred to account of 69 consumers

India inching towards meeting Paris Agreement targets: RK Singh at G20 ministerial meet

India is implementing one of the largest renewable energy expansion and energy efficiency programmes and is moving towards achieving the target to fulfill the country’s commitments made in Paris Agreement, said Power and New and Renewable Energy Minister RK Singh on Saturday. The minister made these remarks at the G20 Ministerial Meeting on ‘Energy Transitions […]

India on track to achieving climate goals: PM

Novel low-cost material can harness solar energy efficiently: Study

Scientists have developed a new material that can make solar cells more affordable and efficient, an advance that may allow us to better utilise the most abundant renewable energy. The study, published in the journal Science, describes the new material called a tandem perovskite solar cell which could be used in full-sized solar panels in […]

India on track to achieving climate goals: PM

Piyush Goyal gets Carnot Prize for power reforms, donates the prize money to International Solar Alliance

Railway Minister Piyush Goyal has been awarded the Carnot Prize for his contribution towards sustainable energy solutions by the University of Pennsylvania here on Wednesday. Goyal, who was facilitated by the University of Pennsylvania’s Kleinman Center for Energy Policy, has donated the prize money to International Solar Alliance. The Carnot Prize is given to the […]

India on track to achieving climate goals: PM