India has set a target of net zero by 2070, alongside other emission targets for 2030. Further, in the recently updated nationally determined contribution, the country has committed to having non-fossil fuel-based energy sources to […]
Among the key reasons for India’s impressive renewable energy growth over the past few years are the country’s transparent competitive bidding mechanism for allocating projects and bankable contracts between offtakers and developers. The Solar Energy […]
By Namrata Mukherjee, Deputy Chief of Party and Rajiv Ratna Panda, Power Market Specialist, USAID’s SAREP Program, RTI, Mukul Sharma, Asia Director and Sumedha Basu, Policy Advisor, Climate Parliament South Asia and Climate Change South Asia […]
The 2022 United Nations Climate Change Conference held at Sharm el-Sheikh in November 2022 concluded with the landmark agreement to create the first-ever Loss and Damage Fund (LDF). The fund will provide financial assistance to […]
Energy is a key strategic area between the United States and India. The strong people-to-people ties between these two allies have led to improved access to reliable and clean energy and spurred investment opportunities in […]
John Smith-Sreen, Director Indo-Pacific Office, USAID/India There is a famous African proverb, “If you want to go fast, go alone. If you want to go far, go together.” This proverb is truer now than ever. […]
According to the Pareto principle, 80 per cent of consequences come from 20 per cent of causes. In line with this principle, only a few policies/ regulations have led to major changes in an industry. […]
With the global focus on renewable energy transition, the solar PV industry has been growing continuously with competitive market dynamics. The improvement in efficiencies, reduction in manufacturing costs and increased investment in research and development […]
Solar energy is scaling up rapidly, driven by favourable government incentives and regulations, declining capital costs and innovative technologies. Improved solar cell efficiencies and cost reductions have provided an enormous fillip to the growth of […]
Ensuring optimum plant performance and quality of assets is perhaps the top priority for solar power plant operators. To this end, it is important to have skilled operations and maintenance (O&M) crews as well as […]
The central government’s announcement of a 37 GW bidding trajectory for offshore wind power up to 2029-30 could be a potential game changer for the segment. In line with this, the Ministry of New and […]
For the commercial and industrial (C&I) businesses, energy costs account for 30-40 per cent of their total operational expenditure. In order to meet their energy demand and hedge against the risk associated with high grid power tariffs, C&I […]
Solar power has played a key role in accelerating the energy transition in India. The installed solar power capacity has grown considerably over the past decade – from just about 941 MW in 2011-12 to […]
In the grand finale marking the culmination of ‘Ujjwal Bharat Ujjwal Bhavishya – Power @2047’, the Prime Minister virtually interacted with the beneficiaries of various schemes and launched Revamped Distribution Sector Scheme (RDSS) to revamp […]
In the decade spanning 2010-20, several countries shifted away from feed-in tariffs (FiTs) to the process of auctions for allocating projects. With an increasing number of countries making this move, India too adopted the new […]
India is seeing an increased uptick in solar power installations. As of May 2022, its solar power capacity stood at 57 GW. In 2021 alone, it added 10 GW of solar capacity, the highest 12-month […]
By Dr A. Mondal, Deputy Chief of Party; M. Haider, Energy Finance and PPP Specialist; and R. Chowdhury, Communications Specialist, USAID-BADGE project Bangladesh’s NDCs and sustainable energy targets Bangladesh submitted its updated nationally determined contributions […]
Tata Power has signed a binding agreement with a consortium comprising BlackRock Real Assets and Mubadala Investment Company as co-investors to raise Rs 40 billion for its renewable energy platform. This investment will be by […]
Our world is the most interconnected it has ever been. This has been demonstrated time and again through shared health experiences, geopolitical interests and conflicts, and natural disasters that collectively upend communities, supply chains and […]
Green hydrogen has become a key priority area for governments and industries worldwide owing to the transforming energy landscape and the demand for cleaner fuels that ensure energy security. Significant development has been witnessed in […]
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