COVID-19 led lockdown the all-India energy demand in March this year decreased 8.9% yoy to 98.8 billion units (BU) while energy supply decreased 9.2% yoy, resulting in the energy deficit remaining at 0.4% (March 2019: 0.4%), noted India Ratings and Research in its new report. Despite a reduction in power demand in March 2020, the […]
India’s renewable energy subsidies fell 35% from FY17 to FY19, while its oil and gas subsidies increased by 65% according to a new study entitled Mapping India’s Energy Subsidies 2020, released by the International Institute for Sustainable Development (IISD) and the Council on Energy, Environment and Water (CEEW). How the government tackles the COVID-19 crisis and economic […]
Home grown solar module manufacturer and EPC player -Adani Solar has announced that it has achieved module production of 1 GW in FY 19-20. Gautam Adani, Chairman, Adani Group took on social media platform to announce the achievement and congratulate the team. He said “Solar manufacturing is not just one of the sunshine sectors at […]
JMK Research and Analytics in its latest report revealed that in the Q4 of 2019India installed 2,308 megawatt (MW) of solar capacity and 817 MW wind projects. According to the report the quarter saw a significant increase in installed capacity across wind and solar, clocking an overall 40 per cent growth over the previous quarter. […]
A recently released report by GOGLA, the global association for the off-grid solar energy industry, has established the huge positive impact of Solar Home Systems (SHS) on livelihoods in India. In times where the Government is looking to create more and more jobs to boost demand and with it the economy, the report titled Powering Opportunities in […]
Institute for Energy Economics and Financial Analysis (IEEFA) in its new report said that India’s national transmission grid must urgently modernise to increase the rate of renewable energy adoption. This is a key prerequisite for achieving India’s renewable energy investment ambitions while accelerating the excellent progress of recent years. As of December 2019, India had […]
JMK Research & Analytics in its new research said that land procurement is the biggest hurdle for solar and wind projects In India. the land is a state subject, which means various state government agencies, including- revenue department, panchayat, state nodal agencies, among others, are involved in giving approvals to procure/ lease the land. The […]
The global energy and utilities sector is increasing the use of intelligent automation, there is also a significant rise in the use of Artificial Intelligence (AI) since 2017, but executives are underestimating its full potential with large scale projects taking a back seat, according to new research from the Capgemini Research Institute. The “Intelligent Automation in […]
The global residential energy storage market is projected to reach USD 17.5 billion by 2024 from an estimated USD 6.3 billion in 2019, at a CAGR of 22.88% during the forecast period says a report. This growth can be attributed to factors such as declining cost of batteries, regulatory support and financial incentives, and the […]
India needs faster implementation of rooftop solar projects to meet the 175 gigawatts of renewable energy target by 2022, a report has said. The country has set an ambitious target of installing 175 GW of renewable energy capacity by the year 2022, which includes 100 GW from solar, 60 GW from wind, 10 GW from […]
