India’s renewable energy sector is experiencing a meteoric rise. The first half of 2024 witnessed a remarkable surge in solar and wind energy installations. Solar capacity expanded by a staggeringContinue Reading
According to a new report by RMI and Bezos Earth Fund, renewable sources will provide one-third of the world’s electricity by 2030, compared to the current 12% contribution. Solar, wind,Continue Reading
New RFS Issued Figure 1.1: New Renewable Energy (RE) tenders issued in June 2023 Auction Completed About 2000 MW of Renewable Energy tenders were auctioned in June 2023. Out ofContinue Reading
VELA, a French shipping startup, has devised a business model that is entirely wind-driven, making it an attractive option for customers seeking to transport niche goods while minimizing their carbonContinue Reading
In a move towards increasing non-fossil fuel based installed capacity by 2030, India has announced plans to add 58 GW of wind energy capacity over the next seven years. ThisContinue Reading
Over the past five years, the Indian wind energy business has encountered considerable challenges. Solar’s worldwide levelized cost of electricity (LCOE) fell at a rate of 11% per year, quickerContinue Reading
“Rumors of the wind industry’s demise are highly overblown,” according to Rethink Energy, which anticipates substantial growth in the sector over the next few years. Vestas, Siemens Gamesa, and GEContinue Reading
To stabilize the climate, scientists agree that we must reach net-zero carbon emissions by 2050, such that any leftover carbon releases are balanced by carbon removal. While they characterize theContinue Reading
