Annual investments in renewable energy need to at least quadruple: Report
In 2021, investment per capita in Europe was 127 times that in Sub-Saharan Africa and…
Energy
India’s iron and steel industry capable of emitting less and producing more: Report
A new report underlines the need for better planning, new technologies and adequate finance to…
Power ministry mandates 40% RE generation for all new thermal power plants
India’s Ministry of Power has issued a notification that all coal-based power plants starting commercial…
India installed 13 GW solar in 2022, need 28 GW to meet 280 GW by 2030 solar target
According to Mercom, India installed a record 13 GW of solar capacity in 2022, up…
Russia announces 5% oil output cut in March, OPEC+ to keep its production targets unchanged
Russia shocked oil markets last week by announcing a voluntary production cut of 5,00,000 barrels…
Govt lifts Approved List of Module Manufacturers (ALMM) mandate for two years
Solar developers will be exempted from procuring solar modules only from the Approved List of…
India and the case for a national energy transition plan
Despite wide recognition of eventual drawdown of coal and thermal power, there is little to…
New transport routes likely to make thermal power more expensive during the summer peak
A mid-January directive by the Power Ministry asked the states of Maharashtra, Punjab, Rajasthan and…
India fetches $1 billion in maiden green bonds sale
India’s maiden sovereign green bond sale fetched 80 billion rupees ($1 billion) of securities, including…
Indian electricity regulator orders power cos to be compensated for forced generation in 2022
The Central Electricity Regulatory Commission (CERC) last week clarified that power producers will have to…