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lockdown has highlighted the growing financial risks to India’s coal-fired power plant sector, a technology being superseded by international finance investing in new, cheaper, and cleaner renewable energy, finds a new IEEFA briefing note out today.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 […]
Gujarat can lead renewables race in India: IEEFA
In a race to be the top state in India, IEEFA has modelled the economic powerhouse Gujarat adding a staggering 46 gigawatts (GW) of new renewable energy capacity by 2029-30, a new report said on Tuesday. The report, “Gujarat’s electricity sector transformation – A role-model of India’s electricity transition”, identifies Gujarat as one of the […]
India will overachieve Paris pact targets by 60%: IEEFA
India would significantly exceed its 2015 Paris Agreement target of a 40 per cent share of installed power capacity from non-fossil fuel sources by 2030. New Delhi: India would significantly exceed its 2015 Paris Agreement target of a 40 per cent share of installed power capacity from non-fossil fuel sources by 2030, the US-based Institute […]
IEEFA: Solar-plus-storage undermines coal economics by ‘hundreds of millions’ of dollars
Tumbling solar-plus-storage costs could see the hybrid technology become a money saver for US firms grappling with expensive legacy coal portfolios, according to the Institute for Energy Economics and Financial Analysis (IEEFA). Utilities shutting down coal units ahead of their end-of-life point and replacing them with renewables, stand to reap savings in the “hundreds of […]
Four-fold rise in total solar capacity but rooftop meets just 10% of target
Rooftop installations are seen critical to India achieving its 175 Gw of renewable energy capacity by 2022 Rooftop solar, one the fastest growing sub-sectors in the country’s renewable energy space, has hit a speed bump. Of the targeted 40 Gw of solar rooftop installs, only 10 per cent has been achieved. Solar rooftop installations are […]