Budget 2018 – Solar And Wind Energy, India A total of INR 3,762 crore is allocated for grid-interactive renewable energy schemes and projects under the Budget. Out of this more than 50% goes to solar (roughly INR 2,045 crore), while 20% of the funds (~INR 750 crore) will go towards the wind sector. The funds […]
India RE Target And Action Plan India had already installed around 16 GW of solar capacity by October 2017. It also announced an aggressive auction plan to boost further installations in the coming years. Nearly 17 GW of solar power capacity is expected to be auctioned by March 2018, and 30 GW of capacity will […]
Guest Post The renewable energy industry is well past its preparation wheels stage and now offers numerous approaches to put resources into a wide range of advantages. Is this a sure thing? We are presently at the point where people and organizations can invest specifically in renewable energy ventures, even in little sums. These are […]
Australia 2020 RE Target Australia is all set to exceed its target of generating 33,000 GWh of renewable energy by 2020 as part of its clean energy target (CET) as there are plans to build an additional 6 GW of RE capacity in the works apart from the 7 GW plus of RE capacity already […]
Solar Thermal – Australia The South Australian government has given an approval for $650 million solar thermal plant to be built by USA company SolarResevere. This does not make any sense in my view, given that PV solar prices have touched new all times low with lithium battery storage also showing rapidly declining prices. This […]
The Indian power industry is a tough place with falling prices and utilities which refuse to honor their past commitments. The whole Indian electricity sector is undergoing a massive upheaval with prices dropping drastically with both solar and wind prices in recent auctions going below the INR 2.5/kWh mark or less than USD 4 cents/unit. […]