In Short : Scaling up renewable capacity is the most straightforward method for India to decarbonize. This strategy involves expanding the deployment of renewable energy sources like solar and wind power, reducing dependence on fossil fuels and contributing significantly to the country’s carbon reduction goals. In Detail : Reduction in the use of fossil fuels […]
The power of the PPA: corporate renewable procurement sets a new record in Asia Pacific – EQ Mag Pro
As decarbonisation ambitions grow across the Asia Pacific region, soaring fuel and power prices have improved the competitiveness of corporate renewable power purchase agreements (PPAs) Corporations in Asia Pacific are set to contract a record 7 GW of renewable capacity in 2022. That’s an 80% increase on 2021 as markets emerge from pandemic-related disruptions. Demand […]
EPI and Shell aims to develop 1GW of renewable capacity by 2028 – EQ Mag Pro
The joint venture aims to develop 1GW of renewable capacity by 2028. Nickel Asia Corp (NAC) subsidiary Emerging Power (EPI) has entered an agreement with Shell business unit Shell Overseas Investments to develop renewable energy projects in the Philippines. The partners will develop, own, operate and maintain onshore renewable projects in the country, primarily focusing […]
India adds renewable capacity of 13.5 GW in 2021-22 – EQ Mag Pro
Rajasthan (5,806 MW) and Gujarat (2,469 MW) added the highest capacity in these 12 months, accounting for 61 per cent of total capacity addition. Total renewable sector capacity, excluding small hydro and biomass has now reached 96,223 MW. India added 13.5 GW of renewable energy capacity in 2021-22, which is 128 per cent higher than […]
Tamil Nadu pips Karnataka as the leader in overall renewable capacity with 15,914 MW as of Jan 2022 – EQ Mag Pro
With rapid growth, Gujarat is racing towards the pole position Tamil Nadu has achieved the Number One position in overall installed renewable energy capacity in the country, wresting the top slot back from Karnataka. In 2018, Karnataka toppled Tamil Nadu to become the leader in total installed capacity in the clean energy sector, supported by […]
Renewable Capacity Addition Likely to Improve to 11 GW in FY22: ICRA
It added that apart from this, over 20 GW RE projects were under the tendering phase New Delhi : India’s renewable energy (RE) capacity addition is expected to improve to 10.5 gigawatt (GW) to 11 GW in financial year 2021-22 (FY22) led by a strong project pipeline of about 38 GW, according to ratings agency […]
Renewable energy should be at the heart of virus recovery plans: IEA
The agency, which had expected 2020 to be a bumper year for green energy, slashed its two-year forecast for growth in renewable capacity by nearly 10 percent Paris: The International Energy Agency on Wednesday called on governments to put clean energy at the heart of their coronavirus economic recovery plans, as it forecast the first […]
