Renewable energy auctions in India will continue to attract interest from large developers: IEEFA

Large developers in the renewable energy sector have enough options to boost returns even as challenges mount and will fight aggressively in the various auctions scheduled in 2022 in India, said a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). This report comes even as the industry is going through one […]

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India’s green investment in the renewable energy sector jumped 125% in FY22: IEEFA report

Investment in the renewable energy sector in India has increased more than 125 percent year-on-year to touch a record $14.5 billion in the financial year 2021-22 (FY22), said a report by the Institute for Energy Economics and Financial Analysis (IEEFA). Acquisitions and bond issues by a host of companies, including RIL and Adani, constituted 75 […]

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Indian renewable power generators face modest gains from spiking power demand, says Fitch

Supply factors are likely to limit near-term growth opportunities for Indian renewable power generators stemming from the country’s current heat wave and high fossil-fuel prices, Fitch Ratings said adding that nonetheless, their medium-term prospects remain strong and are supported by government policies to diversify India’s energy base away from fossil fuels. Rising power demand as […]

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Renewables set to break another global record in 2022 despite headwinds – IEA

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New capacity for generating electricity from solar, wind and other renewables increased to a record level worldwide in 2021 and will grow further this year as governments increasingly seek to take advantage of renewables’ energy security and climate benefits, according to the International Energy Agency. The world added a record 295 gigawatts of new renewable […]

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Renewables set to break new record in 2022 despite supply chain challenges: IEA

The world added a record 295 gigawatts (GW) of new renewable power capacity in 2021, overcoming supply chain challenges, construction delays and high raw material prices, said the International Energy Agency (IEA’s) latest Renewable Energy Market Update. Capacity additions in renewables electricity generation are expected to break another record this year, continuing last year’s trend […]

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New renewable capacity additions doubled in FY 2022: CEEW-CEF report

India added 15.5 gigawatts (GW) of new non-hydro renewable energy capacity in the 2021-22 fiscal year, compared to just 7.7 GW installed in the preceding fiscal period, according to the latest solar statistics from the CEEW Centre for Energy Finance (CEEW-CEF) market handbook. From solar, wind, biomass and other renewable energy sources, solar energy accounted […]

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