Renewable capacity growth worldwide stalled in 2018 after two decades of strong expansion, says IEA

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After nearly two decades of strong annual growth, renewables around the world added as much net capacity in 2018 as they did in 2017, an unexpected flattening of growth trends that raises concerns about meeting long-term climate goals, the International Energy Agency (IEA) said. Last year was the first time since 2001 that growth in […]

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Emerging Asian economies to drive increase in world energy use to 2040, says EIA

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World energy consumption is projected to increase by 28% by 2040, according to the International Energy Outlook 2017, released by the U.S. Energy Information Administration (EIA). Most of the world’s growth in energy demand is projected to take place in countries outside of the Organization for Economic Cooperation and Development (OECD). China and the other non-OECD […]

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India plans to sell stakes in state-owned energy, utility and steel firms to bridge fiscal deficit

India has plans to sell part stakes worth $5.4 billion in seven state-run energy and steel companies during the current financial year, as the government attempts to bridge its fiscal deficit. The government has increased spending on critical infrastructure and has agreed to keep the fiscal deficit to 3.2 percent of the country’s gross domestic […]

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India’s demand for green energy is expected to grow sevenfold by 2035: BP Energy Outlook

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Renewable energy is set to overtake India’s oil output in 2035, but it may not be enough to meet India’s growing need for energy with the country’s demand growth, BP’s latest Energy Outlook said. India’s demand for green energy is expected to grow by seven times in 2035, but India’s energy consumption is expected to […]

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Greenpeace urges India to dump “old-age” coal for “new-age” renewables to meet energy needs

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  Greenpeace India has questioned India’s decision to sustain an “obsolete and polluting” coal industry, which destroyed lives and livelihoods of people through land displacement. It urged the government to dump coal and instead push more for renewable energy that holds the potential to meet the energy needs through clean options. Campaigner Sunil Dahiya wrote […]

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Developing economies in Asia lead projected growth in world energy use, says EIA

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World energy consumption is projected to increase by 48 percent over the next three decades, led by strong increases in the developing world—especially in Asia, according to the International Energy Outlook 2016 released by the U.S. Energy Information Administration (EIA). Rising incomes in China, India, and other emerging Asia economies are a key driver of the […]

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