The Big Green Bang: how renewable energy became unstoppable At the start of this year, a British businessman named Adam Robson received some awful news. Mr Robson runs an English company called Torotrak that invents fuel-saving contraptions aimed at solving one of the auto industry’s great dilemmas: how to make a petrol car that is green enough to meet tightening ... Read More »
India ranked second in renewable energy attractiveness index India has moved up to the second spot from third position in this year’s ‘Renewable energy country attractiveness index’ released by EY. This is primarily due to a combination of strong government support and increasingly attractive economics, EY said in a statement. According to the statement, India continued its upward trend in ... Read More »
India has 10-year window to shift completely to renewable energy: TERI Excess power generation capacity provides India an opportunity to shift completely to green energy. If the country can halve storage technology prices in 10 years it can do without the need for new coal based plants, a study by The Energy and Resource Institute (TERI) said. The TERI report ... Read More »
Emerging nations have taken the lead on renewable energy, in 2 charts Historically speaking, wealthier, developed nations, particularly the US and Europe, have led the world on renewable energy, investing the most capital and building the most capacity. Last year, that changed. In 2015, for the first time, countries outside the Organization for Economic Cooperation and Development (OECD) invested more ... Read More »
Banks, FInancial Institutions sanction Rs 1.08 lakh crore for renewables: Piyush Goyal Banks and financial institutions have sanctioned funding of Rs 1.08 lakh crore for renewableenergy capacities of 42.71 GW since February 2015, Union Minister Piyush Goyal said today. Banks and financial institutions have committed total funding of Rs 3.82 lakh crore for 76.35 GW of renewable energy capacities in ... Read More »
It’s equally important to talk about developing smart grids: Swedish minister India’s ambitions of boosting solar and wind power generation manifold by 2022 will face a transmission challenge, said Ibrahim Baylan, the Swedish minister for energy and policy coordination, who is on a visit to India. The challenge can be overcome by developing a smart grid, which he said is ... Read More »
New Simulation Represents 100% Renewable Energy System Researchers at the Lappeenranta University of Technology in Finland have developed the first ever model depicting a 100% global renewable energy system. In a first of its kind-type simulation researchers from the Lappeenranta University of Technology in Finland have modeled a 100% global renewable energy system covering the entire planet, structured into 145 separate regions ... Read More »
India gets Power Ministry boost for solar and renewables State discoms will have to mandatorily draw at least 2.75% of their total power consumption from solar plants in the current fiscal, according to the renewable purchase obligation (RPO) norms laid down by the power ministry. States will have to increase the share of solar power to 4.75% in 2017-18 and ... Read More »
Renewables to grow faster than forecast to 2035: BP Renewable energy will grow more quickly than forecast and provide around 15 percent of world power generation by 2035, oil company BP said on Wednesday. Renewables, including biofuels and wind power, are projected to increase at a rate of 6.6 percent per year, boosting their share of the total primary energy ... Read More »
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