Tag Archives: solar renewable energy

The Future of Distributed Renewable Energy in India

Posted on May 14, 2021 by Now.Solar

India is the world’s third largest carbon emitter, with emissions expected to rise as the economy grows. While this economic growth is important for advancing development objectives, especially in the wake of a likely recession due to the COVID-19 pandemic, … Continue reading →

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Renewable energy finance: Sovereign guarantees

Posted on May 13, 2021 by Now.Solar

RENEWABLE ENERGY FINANCE SOVEREIGN GUARANTEES Less than two decades remain for countries around the world to make drastic cuts incarbon-dioxide emissions. This is necessary to realise the goals of the Paris Agreement,which calls for limiting the increase in average global … Continue reading →

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Renewable energy finance: Institutional capital

Posted on May 12, 2021 by Now.Solar

RENEWABLE ENERGY INVESTMENT TRENDS As renewables have become a compelling investment proposition, global investments innew renewable power have grown from less than USD 50 billion per year in 2004 to aroundUSD 300 billion per year in recent years (Frankfurt School-UNEP … Continue reading →

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Reduce: Non-bio renewables

Posted on May 11, 2021 by Now.Solar

Introduction Climate change has become one of the greatest threats of this century to environmental, as well as global, security, with adverse impacts on health, wealth and political stability. Over the past decade, energy-related CO2 emissions have increased by 1% … Continue reading →

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Global Renewables Outlook: Energy transformation 2050

Posted on May 10, 2021 by Now.Solar

A WIDENING GAP BETWEEN RHETORIC AND ACTION The gap between aspiration and the reality in tackling climate change remains as significant as ever, despite mounting evidence of the harm that climate change is causing. Negative effects of climate change are … Continue reading →

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COAL COST CROSSOVER 2.0 – New solar and wind cheaper than 80% of existing coal in the US, report finds

Posted on May 7, 2021 by Now.Solar

EXECUTIVE SUMMARYCoal generation is at a crossroads in the United States, or more precisely at a “cost crossover.” Due to rapid recent cost declines for wind and solar, the combined fuel, maintenance, and other costs of most existing coal-fired power … Continue reading →

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Recycle: Bioenergy

Posted on May 5, 2021 by Now.Solar

Introduction Climate change is one of the greatest threats of our era. Over the past decade, energy-relatedcarbon dioxide (CO2 ) emissions have increased by 1% per year on average. If the historical trends were to continue, energy-related emissions would increase … Continue reading →

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Reduce: Non-bio renewables

Posted on May 5, 2021 by Now.Solar

Introduction Climate change has become one of the greatest threats of this century to environmental, as well as global, security, with adverse impacts on health, wealth and political stability. Over the past decade, energy-related CO2 emissions have increased by 1% … Continue reading →

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Rise of renewables in cities

Posted on May 4, 2021 by Now.Solar

IntroductionCities are the economic engines of our planet, home to 55% of the world’s population and representing 80% of the global gross domestic product (GDP) (UN DESA, 2018). Urbanisation has improved societal well-being by expanding economic activities and business opportunities, … Continue reading →

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Mobilising institutional capital for renewable energy

Posted on May 3, 2021 by Now.Solar

RENEWABLE ENERGY INVESTMENTS As the global energy transformation progresses, the investment profile of renewable energy is also changing rapidly. The amount of capital invested in renewable energy has grown substantially over the past decade. Capital flows reflect a growing variety … Continue reading →

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Green hydrogen: A guide to policy making

Posted on April 30, 2021 by Now.Solar

Green hydrogen is an energy carrier that can be used in many different applications. However, its actual use is still very limited. Each year around 120 million tonnes of hydrogen are produced globally, of which two-thirds are pure hydrogen and … Continue reading →

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Antigua and Barbuda: Renewable Energy Roadmap

Posted on April 29, 2021 by Now.Solar

INTRODUCTION TO THE ANTIGUA AND BARBUDA ROADMAP Roadmap objectiveLocated between the Caribbean Sea and the Atlantic Ocean, Antigua and Barbuda is an island nation consisting of two land masses with a total area of 443 square kilometres. Apart from the … Continue reading →

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The Renewable Energy Transition in Africa

Posted on April 28, 2021 by Now.Solar

IntroductionOver the coming decades, the countries on the African conti-nent have the opportunity to address two fundamental energy challenges. First, they can achieve universal access to affor-dable, reliable, sustainable and modern energy services by 2030, as set out in the … Continue reading →

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Renewables Readiness Assessment: Albania

Posted on April 27, 2021 by Now.Solar

INTRODUCTION COUNTRY OVERVIEW The Republic of Albania is a coastal country in South East Europe, bordering Montenegro and Kosovo* to the north, North Macedonia to the east, Greece to the south, and the Adriatic and Ionian Seas to the west. … Continue reading →

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Planning and prospects for renewable power: Eastern and Southern Africa

Posted on April 27, 2021 by Now.Solar

INTRODUCTION Southern and Eastern Africa are endowed with extensive untapped renewable resources. With rapidly declining costs and increasing policy support, solar PV and onshore wind generation technologies have, in recent years, established strong business cases and begun taking off at … Continue reading →

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Post-COVID recovery: An agenda for resilience, development and equality

Posted on April 26, 2021 by Now.Solar

COVID-19 AND ITS IMPACT ON THE GLOBAL ENERGY LANDSCAPE Because of the lockdowns needed to slow the spread of the virus, the COVID-19 pandemic has disrupted production and supply chains and slashed the demand for a wide range of goods … Continue reading →

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Renewable Energy Prospects for Central and South-Eastern Europe Energy Connectivity (CESEC)

Posted on April 23, 2021 by Now.Solar

RENEWABLE ENERGY DEPLOYMENT BY SOURCE AND APPLICATION IN 2030 In 2015, the base year for this analysis, solid biomass and hydro power accounted for the bulk of all the renewable energy consumption in the CESEC region. More than half of … Continue reading →

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INNOVATION OUTLOOK THERMAL ENERGY STORAGE

Posted on April 22, 2021 by Now.Solar

Thermal energy storage has the potential to be an important enabler of increased renewables penetration in energy systems.Solar and wind generation is variable across daily and seasonal timescales. Energy system operators can match supply and demand of energy through forms … Continue reading →

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Renewable energy auctions in Colombia:Context, design and results

Posted on April 22, 2021 by Now.Solar

Design of renewable energy auctions Renewable energy auctions are, by far, Latin America’s most widely used policy instrumentin the promotion of renewable electricity (IRENA, 2016). Brazil, Chile, Peru and Uruguay were early adopters, while Argentina, Chile and Mexico have innovated … Continue reading →

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World Energy Transitions Outlook

Posted on April 21, 2021 by Now.Solar

INTRODUCTION IRENA’s World Energy Transitions Outlook provides the contours of an energy pathway and aconcise set of actions fully aligned with the findings of the Intergovernmental Panel on ClimateChange and the needs of a just, inclusive and orderly transition. This … Continue reading →

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FINANCING THE WORLD’S SOLAR FUTURE THE NEED FOR A SOLAR FINANCE CORPORATION

Posted on April 20, 2021 by Now.Solar

INTRODUCTION Global investments in renewable energy are increasing at an exponential rate. At the start of the century, between 2000 and 2009, this sector drew total investments of US$ 2.6 trillion.1It continued to grow in the subsequent years and peaked … Continue reading →

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The State of Solar: Bracing for a Post-Subsidy Era in China

Posted on April 15, 2021 by Now.Solar

China has led the world in annual solar installation capacity for the last seven years. The success of China’s solar industry is closely observed by the international community, which is looking to see if China’s progress will fulfill the 2030 … Continue reading →

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Global renewable energy capacity addition sets new record, despite COVID-19: Report

Posted on April 14, 2021 by Now.Solar

New Delhi: Despite COVID-19 pandemic, more than 260 gigawatt (GW) of renewable energy capacity was added globally last year, exceeding expansion in 2019 by close to 50 per cent, according to a new report.It added that renewable energy’s share of … Continue reading →

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Vietnam proposes heavily-cut solar FIT rates from next month

Posted on April 9, 2021 by Now.Solar

Vietnam is to slash feed-in tariffs available for rooftop solar installations from next month by as much as 38% in a bid to address grid pressures in the country, local media has reported.The Dai Doan Ket newspaper has cited Hoang Tien Dung, … Continue reading →

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ENERGY STATISTICS INDIA 2021

Posted on April 7, 2021 by Now.Solar

Introduction The history of human evolution rests on the availability and use of energy. From the transformation from the early use of fire and animal power that improved lives, to the present world with use of electricity and cleaner sustainable … Continue reading →

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Study shows why India should increase renewable energy target of 2030

Posted on April 6, 2021 by Now.Solar

New Delhi: Researchers at UC Santa Barbara have just released a study that demonstrates why India should double down on renewables.The study examines electricity and carbon mitigation costs associated with achieving aggressive renewable energy targets in India’s electricity grid in … Continue reading →

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Edelweiss Infra Yield Plus acquires 74% stake in Engie’s solar assets in India

Posted on April 5, 2021 by Now.Solar

New Delhi: Edelweiss Infrastructure Yield Plus (EIYP), an alternative investment fund by Edelweiss Alternative Asset Advisors, on Thursday said it has acquired 74 per cent stake in French energy major, Engie Group’s, solar portfolio in India.It added that this would … Continue reading →

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MERC Allows Consumers To Source Electricity Through 100% RE Power

Posted on April 2, 2021 by Now.Solar

Tata Power Company Limited (Distribution) (TPC-D) had filed the case seeking approval for levying “Green Power Tariff” to supply Renewable Energy to consumers opting for 100% green energy for meeting their entire demand. Tata Power’s main prayers were: a) Approve … Continue reading →

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Capturing the Renewable Energy Shift

Posted on April 1, 2021 by Now.Solar

As the impacts of climate change and the importance of decarbonization have started to become clear, it’s hard to ignore the ongoing shift towards embracing renewables.Today, the renewables energy market has already become the energy industry’s biggest driver of growth, … Continue reading →

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Renewable Energy Market Analysis: Southeast Asia (executive summary)

Posted on March 31, 2021 by Now.Solar

RISING DEMAND FOR ENERGY WITH SOCIO-ECONOMIC DEVELOPMENT AND URBANISATION Energy consumption in Southeast Asia nearly doubled between 1995 and 2015, growing at an average pace of 3.4% annually. This has fuelled economic growth and permitted higher living standards. Over the … Continue reading →

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Renewable Energy Challenges In Southeast Asia

Posted on March 30, 2021 by Now.Solar

ASEAN has set an ambitious target of securing 23 percent of its primary energy from renewable sources by 2025 as energy demand in the region is expected to grow by 50 percent. According to the International Renewable Energy Agency (IRENA), … Continue reading →

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Japan’s Road to Renewables Post-Fukushima

Posted on March 29, 2021 by Now.Solar

Japan has led by the example of resilience and determination to build back better – be it rebuilding from the ruins of war or the fury of nature. It has been 10 years since the Great East Japan Earthquake struck … Continue reading →

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What’s Driving Vietnam’s Renewable Energy Boom?

Posted on March 26, 2021 by Now.Solar

As elsewhere, Vietnam’s increasing reliance on energy imports has driven its green energy push. In 2014, the installed capacity of non-hydroelectric renewable energy in Vietnam (such as solar, wind and biomass gasification) stood at 109 megawatts (MW), about one third … Continue reading →

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Malaysia to build the largest solar power plant in south east Asia

Posted on March 24, 2021 by Now.Solar

Plans have been announced to build a RM1.4 billion ($350 million) solar power plant in Pengerang in the south east of Johor state, Malaysia, according to Johor Sultan Ibrahim Iskandar. The project is expected to be the largest solar power … Continue reading →

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A brighter future for the booming solar sector

Posted on March 23, 2021 by Now.Solar

Solar power firm Constant Energy is rapidly expanding in Thailand and throughout the region using a business-to-business model The solar business in Thailand is booming, as the government prepares to hit its Paris Climate Accords target of 30% renewable by … Continue reading →

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Southeast Asia needs to go all in on the renewables revolution

Posted on March 22, 2021 by Now.Solar

Solar and wind power can provide plenty of energy for Mekong countries and help avoid a dangerous tipping point for the river The construction of hydropower dams on the Mekong has brought the river, and the world’s largest freshwater fishery, … Continue reading →

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Governments across Southeast Asia accelerate renewable energy investment to revive the pandemic-hit economies

Posted on March 19, 2021 by Now.Solar

In the pre Covid-19 world, energy transition was already at the forefront of the minds of policymakers and investors in the Association of Southeast Asian Nations (ASEAN). Renewable energy infrastructure investment in the region had been strong, reflecting government efforts … Continue reading →

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Total forms joint venture for C&I solar deployment in Saudi Arabia

Posted on March 18, 2021 by Now.Solar

French oil major Total and industrial conglomerate Zahid Group have established a joint venture (JV) focused on distributed solar generation for Saudi Arabia’s commercial and industrial (C&I) sector.Called SAFEER – Saudi French for Energy Efficiency and Renewables, the business will … Continue reading →

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SOUTHEAST ASIA RENEWABLE ENERGY MARKET – GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2021 – 2026)

Posted on March 17, 2021 by Now.Solar

The market is segmented by Type (Solar, Wind, Hydro, Bioenergy. and Other Types) and Geography (Vietnam, Malaysia, Thailand, Philippines, Indonesia and Rest of Southeast Asia) Market Snapshot Market Overview The renewable energy market in Southeast Asia is expected to grow … Continue reading →

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Renewables to sidestep ‘historic shock’ as only power source to grow in 2020, says IEA

Posted on March 16, 2021 by Now.Solar

Renewables will stand alone as the only generation class to experience growth in 2020 as the COVID-19 pandemic delivers the most seismic shock to the power sector since the Great Depression.That is the key takeaway from the International Energy Agency’s … Continue reading →

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Tenders New RFS Issued

Posted on March 11, 2021 by Now.Solar

About 1046 MW of renewable tenders were issued in February 2021 Auctions were completed for 6895 MW of solar projects. Maximum capacity of 3150 MW was won by Adani alone. Installed Capacity In January 2021, a total of 1489 MW … Continue reading →

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BCD from April 2022 now official at 40% for modules and 25% for cells – No. 283/3/2018-GRID SOLAR

Posted on March 10, 2021 by Now.Solar

Government of India Ministry of New & Renewable Energy (MNRE) Grid Solar Power DivisionSub: Imposition of Basic Customs Duty (BCD) on Solar PV Cells & Modules/ Panels. 1.As part of Paris Climate Agreement, India has committed to achieve forty percent … Continue reading →

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Overview of Solar Rooftop Sector in India

Posted on March 10, 2021 by Now.Solar

India lies in the high solar insolation region, endowed with significant solar energy potential. The total solar power potential in the country, as estimated by National Institute of Solar Energy (NISE), is approximately 749 GW2 including solar rooftop. TERI has estimated … Continue reading →

Posted in Cells & Modules, Energy Storage, Government, Grid Interactive Distributed Solar Energy Systems, India, Off-grid, Power Generation, PV, Renewable Energy Certificates, Renewables, Rooftop, Solar, Solar Policy, Solar PV | Tagged , , , , , , , , , , , , , , , | Leave a comment

COVID-19 ‘hurting but not halting’ renewables as IEA revises forecasts

Posted on March 9, 2021 by Now.Solar

The International Energy Agency (IEA) expects renewables deployment to rebound next year, with the ongoing COVID-19 pandemic said to be “hurting, but not halting” growth.In a revision to forecasts made in October 2019, the IEA now expects total renewables deployment … Continue reading →

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Find out what its going to take to make Solar Power in India a success both on grid and off

Posted on May 29, 2013 by Ritesh Pothan

Solar Renewable Energy Certificates (Solar RECs) – Today and the way ahead for Solar Power was the title of my presentation at InfralineEnergy’s 2nd Annual Conference on Solar Power – Future Possibilities held on May 28, 2013 at The Lalit, New … Continue reading →

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