Renewable Energy

The power crunch just made renewables stronger – EQ Mag Pro

December 22, 2021 Anand Gupta

A number of months in the past, it appeared like a cascading world power crunch was about to show again the tide of the vitality transition. In China, shortages of coal drove costs of stable gas to 1,908.20 yuan per metric ton ($299.29), resulting in power cuts and industrial shutdowns as mills refused to promote […]

Renewable Energy

Steps taken by the government to promote Renewable Energy – EQ Mag Pro

December 22, 2021 Anand Gupta

The installed Renewable energy capacity (including large hydro) has increased from 76.37 GW in March 2014 to 150.54 GW in November 2021, i.e. an increase of around 97%. The Government has taken several measures to promote renewable energy in the country. These include:- • Permitting Foreign Direct Investment (FDI) up to 100 percent under the […]

Renewable Energy

Northeast has potential to become hub of organic products, renewable energy: Assam Governor – EQ Mag Pro

December 22, 2021 Anand Gupta

Guwahati : Assam Governor Jagdish Mukhi on Tuesday said the northeast region of the country has the potential to become a future hub of organic products, renewable energy, international tourism, and the country’s gateway to ASEAN countries. The Association of Southeast Asian Nations (ASEAN) is a regional grouping that promotes economic, political, and security cooperation […]

Renewable Energy

New restrictions on banking of power sector to hit country’s renewable energy prospects: Report – EQ Mag Pro

December 22, 2021 Anand Gupta

“New restrictions on banking of power will inhibit the growth of the rooftop and open-access solar market, and potentially slow progress towards India’s national target of 450 gigawatts (GW) of installed renewable capacity by 2030, according to a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research,” according […]

Renewable Energy

ADB signs $7m grant to help Marshall Islands shift to renewables

December 21, 2021 Anand Gupta

The agreements, part of the RMI Energy Security Project, were signed by ADB Executive Director Noor Ahmed, acting on behalf of the RMI, and ADB Director General for the Pacific Leah Gutierrez. The Asian Development Bank (ADB) and the Government of the Marshall Islands (RMI) today signed agreements for a $7 million grant to support […]

Renewable Energy

The Power Crunch Just Made Renewables Stronger – EQ Mag Pro

December 21, 2021 Anand Gupta

A few months ago, it looked like a cascading global power crunch was about to turn back the tide of the energy transition. In China, shortages of coal drove prices of solid fuel to 1,908.20 yuan per metric ton ($299.29), leading to power cuts and industrial shutdowns as generators refused to sell fixed-tariff power at […]

Renewable Energy

AES Buys Closely-Held Community Energy Solar in Renewables Push

December 21, 2021 Anand Gupta

AES Corp., a U.S.-based power plant developer, said it has purchased Community Energy Solar LLC of Pennsylvania as part of a push to deploy more renewable energy. AES didn’t disclose the terms of the deal. Community Energy, which is closely held, has developed more than 3 gigawatts of solar and energy storage projects, according to […]

TSMC Leads Rush for Renewables Ahead of Taiwan Energy Vote

Renewable Energy

IEEFA India: How round-the-clock renewables point to optimum use of energy generation and infrastructure – EQ Mag Pro

December 21, 2021 Anand Gupta

Amid the troubles of the coal-dominated grid, variable renewable energy has a place in ensuring reliable supply Supply of renewable energy-integrated power should not come at the expense of stability of the electricity grid. In fact, it needs to contribute in ways that enhance grid safety and overall energy security. In India, the need of […]

Renewable Energy

Thai Energy Giant Lines Up $200 Million for U.S. Renewable Push – EQ Mag Pro

December 18, 2021 Anand Gupta

Banpu Power Pcl, a Thai power producer, is doubling down on its U.S.-led growth strategy by pledging to invest at least $200 million in renewable energy projects to add to its existing shale gas and electricity portfolios. Banpu Power, the electricity generation unit of Banpu Pcl, plans to build solar and wind projects totaling about […]

Renewable Energy

UP lagging behind other states in delivering renewable energy targets: Report – EQ Mag Pro

December 18, 2021 Anand Gupta

Uttar Pradesh has fallen behind other power-intensive states in terms of delivering on renewable capacity targets and it needs to take urgent action to get back on track and avoid slowing down India’s decarbonization journey, says a report. A joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and energy think tank Ember […]

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