Solar capacity addition, at 7-7.5 megawatt (mw), is likely to exceed wind’s this fiscal even as experts have flagged risks such as not enough buyers and debt leverage in the renewables sector. Credit rating agency Icra said on Tuesday that the share of the wind and solar capacity is estimated to be 35% and 55% […]
Research, Reports & Ratings
Global energy investment fell for a second year in 2016 as oil and gas spending continues to drop
Global energy investment fell by 12% in 2016, the second consecutive year of decline, as increased spending on energy efficiency and electricity networks was more than offset by a continued drop in upstream oil and gas spending, according to the International Energy Agency’s annual World Energy Investment report. Global energy investment amounted to USD 1.7 […]
Morgan Stanley downgrades view on power utilities
In its report “Renewable Energy: What Cheap, Clean Energy Means for Global Utilities” released on Friday, Morgan Stanley downgraded its industry view of India Utilities to “In-Line” from “Attractive” as renewable energy is bringing major disruption to India’s thermal power sector. “Solar power will, in our view, pressure power prices and damage margins for merchant […]
Expediting a Renewable Energy Future With High-Voltage DC Transmission
It’s widely agreed that one of the best ways to reduce carbon emissions around the globe is to bring on-line more renewable energy. However, the current century-old grid system presents challenges to this goal, with inefficient infrastructure and independent grid systems. Moreover, new transmission and distribution projects potentially face significant delays related to right-of-way issues, […]
G20’s Financing of Fossil Fuels Outweighs Renewables, Study Says
Fossil fuels received four times more than clean energy in public financing from Group of 20 member countries, according to a report by environmental groups that urged more financing be directed to renewables to address climate change. Financing for oil, gas and coal projects from G20 public finance institutions and multilateral development banks averaged $71.8 […]
Conventional electricity generation rises 7.2 per cent
Electricity production from conventional energy sources increased by 7.2% in May from the same month last year. Latest data from the Central Electricity Authority show that 107 billion units (BU) of electricity was produced from conventional sources in May this year. Electricity generation in Sikkim went up by 126% to 820 million units. Electricity from […]
Taking a leaf out of plants’ book to design solar cells
A team of researchers has optimized and characterized titanium dioxide-based solar cell design using diverse plant pigments. Two types of solar cells with two photosensitizers: thylakoid membrane preparations and anthocyanin-enriched raspberry extracts have been studied. Biologist Suleyman Allakhverdiev from the Lomonosov Moscow State University explained: “To understand processes occurring in the solar cells, investigations characterizing […]
Brazil wind, solar projects stall as power demand remains sluggish
Brazil’s government will not award new licenses for wind and solar power generation projects, despite requests from the renewable energy sector, as power markets struggle with oversupply in a sluggish economy, a top official said. Brazil was one of the world’s fastest growing markets for the wind power sector in the first half of the […]
GREENING THE GRID: Pathways to Integrate 175 Gigawatts of Renewable Energy into India’s Electric Grid, Vol. I—National Study
GREENING THE GRID: Pathways to Integrate 175 Gigawatts of Renewable Energy into India’s Electric Grid, Vol. I—National Study For more information please see below link…
GST rollout: Here is why rise in rate on coal poses a slight risk for solar, wind industry
The GST council has reduced the tax burden on domestic coal by placing it under the 5% GST bracket from the current rate of 11-12% (6% central excise duty plus 5% state VAT). Imported coal, however, would attract basic customs duty (BCD) at 10%. Transportation from the coal mines to the factory/construction site (inter/intra state) […]