9.3 gigawatts peak of solar capacity, equal to 6 coal power plants, installed in less than a year As of 31 December 2020, the closing date for eligibility to the second solar feed-in-tariff program, a total of 9.3 gigawatts peak (GWp) (or 7.4GW) of rooftop solar capacity had been connected to the national power system, […]
IEEFA: Adani’s Godda power project ‘left behind’ by changing energy policy in India and Bangladesh
Plans for the new coal-fired power station can be reconfigured to support India’s economic recovery The Adani Group’s recent acquisition of a coal block in Jharkhand has further highlighted how misaligned the Godda coal power project is with Indian energy strategy. Furthermore, new developments in Bangladesh – where Godda power is intended to be exported […]
India’s total wind-solar hybrid capacity to reach 11.7 GW by 2023: Report
It will rise at a compound annual growth rate of 223 per cent from 2020-2023, the report said. New Delhi: India’s total wind-solar hybrid capacity is expected to reach 11.7 gigawatt (GW) by 2023, according to a recent report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research. “Based on the […]
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 […]
The renewable energy transition is coming to Asia, despite COVID-19: IEEFA
It added that while South and Southeast Asia have been renewables laggards, Asia is nevertheless on the cusp of a dramatic pivot New Delhi: The global energy transition is well underway and coming to Asia despite the current global economic shutdown due to the COVID-19 pandemic, according to a latest study by the Institute of […]
India’s Ultra Mega Solar Parks a $700-bn investment opportunity
The Indian government has set a target to install 175 GW of renewable energy by the financial year 2021-22 (FY22) and 275 GW by FY27 New Delhi: India’s ultra-mega solar parks have attracted foreign capital, top global developers, and provided investors with an opportunity to join a $500-700 billion renewable energy and grid infrastructure investment […]
Philippines Central Bank’s Sustainable Finance Framework Offers New Support for Energy Transition and Renewables
Philippines Central Bank’s Sustainable Finance Framework Offers New Support for Energy Transition and Renewables For more information please see below link: Source: ieefa.org
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 […]
IEEFA India: Policy certainty and stability sought to increase renewable energy development and investment
Removal of solar trade duties, discom reform, and better central-state government coordination to increase renewable project development and transmission capacity urgently needed 13 February 2020 (IEEFA India): Policy certainty will increase domestic and international investing into India finds a new report out today by the Institute for Energy Economics and Financial Analysis (IEEFA). The new […]
Vietnam’s solar program beats expectations: IEEFA
The Hanoitimes – An expert from IEEFA said the vision for solar power in Vietnam remains positive when attracting a number of foreign investors. Rooftop solar power gains popularity in Vietnam Vietnam power demand to double in next five years: Rystad Energy GIZ supports Vietnam in taking advantage of int’l trends in power sector Power […]