RE investments to stall economic slump amid COVID-19, provide millions of jobs: IRENA Global Renewables Outlook for 2050
Investments in renewables to decarbonise energy systems will boost short term economic growth, stall the…
Energy
Wind energy sector in lockdown trouble, BNEF slashes 2020 India target by 24%
Are India’s wind energy targets for 2020 in a free fall, following the coronavirus-led lockdown?…
Saudi Arabia cuts oil prices again, US oil industry reeling under losses
Saudi Arabia has cut oil prices again, after the OPEC+ and Russia consortium agreed to…
Reliance Power ash dyke breaches in Singrauli
For the third time in eight months, Madhya Pradesh’s Singrauli district suffered a breach in…
COVID 19 impact: RE project deadlines extended, could delay projects by 6 months?
Following a national lockdown, the Centre, last week, extended deadlines by up to three months…
Coal power’s share grows in India despite shrinking capacity, IEEFA says new capacity “unviable”
The Boom and Bust Report 2020 has found that 47.4GW of coal capacity in India…
IEEFA India: 46GW of proposed coal-fired power projects cancelled over past year
Over the last 12 months, coal-fired power projects worth 46GW were cancelled in India. Over…
Yes Bank crisis hits renewable energy finance, projects worth Rs1 trillion at risk
The Reserve Bank of India’s (RBI) moratorium on cash-strapped Yes Bank, one of the largest…
Chinese & Japanese banks account for 50% of global coal finance
A new report by Bloomberg says banks from China and Japan together account for 50%…
India achieves lowest cost of floating solar power in the world
India has achieved the world’s lowest cost of ₹35 per watt in the country’s first…