Home Tag "Transition"

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 […]

ADB to Invest $15 Million in Avaada Energy to Expand Renewable Energy Capacity in India

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 […]

Local preference move unlikely to give push to solar gear makers

India up at 74th place on WEF’s global energy transition index

In its report, the WEF said its study measuring readiness for clean energy transition in 115 economies showed that 94 have made progress since 2015, but environmental sustainability continues to lag New Delhi: India has moved up two positions to rank 74th on a global ‘Energy Transition Index’ with improvements on all key parameters of […]

Local preference move unlikely to give push to solar gear makers

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