The Indian power minister Piyush Goel has been trying to structurally reform India’s electricity sector by recently introducing the UDAY scheme, in which India’s Achilles heel would be reformed. The distribution companies which owe billions of dollars to Indian government banks and the power financing corporations, have been set on a path to profitability. One […]

Isn’t IEA’s Fossil Fuel projections too optimistic International Energy Agency (IEA) is the world’s premier source of global energy trends and forecasts. Its predictions and estimates are universally used by policy makers, company CEOs and investors to make plans regarding the future trajectory of energy demand and prices. However the institute has been failing to […]

The Indian nuclear energy ambitions have not really fructified after a great deal was made out of the USA Indian nuclear agreement in 2009, in which India got exempted from the sanctions after the 1998 nuclear bomb tests. However despite the agreement, nuclear capacity has not really climbed up much in the last 5-6 years. […]

The India central government is planning to increase the Renewable Purchase Obligation (RPO) from the current 3% by 2022 to 10% by 2022, for all distribution utilities operating in India. This will be done in order to comply with the government’s target of meeting 15% of its electricity needs from renewable energy by 2020, as […]

India’s renewable energy industry is set to become the fastest growing RE market over the next 25 years. The Indian government has already set up a very high target over the next 7 years, planning to increase its RE capacity by 4x from around 35 GW now to 175 GW by 2022. India’s power minister […]

China Solar & Wind Power Update The world’s largest solar market accounting for almost 30% of the global demand is all set to cut its solar tariffs by 6% next year and will keep cutting in increments till 2020. The same will apply to wind power as well, since the country is facing a deficit […]