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DRE enterprises have been acting as dedicated clean energy solutions providers for the un-served and under-served segments of the Indian population. It has catalyzed innumerable lives of this segment of population by creating opportunities for better livelihoods, increased income levels, safe and healthy living conditions, leapfrogged education opportunities and empowering women by eradicating drudgery at […]
India’s installed capacity in renewable energy (RE) could increase by just 40 GW to 104 GW by fiscal 2022 from 64.4 GW in fiscal 2019, because of enduring policy uncertainty and tariff glitches. That would be a good 42 percent short of the government’s target of 175 GW. The sector has witnessed a material waning […]
The reduced risk perception of financiers funding renewable energy projects in India resulted in investments in the sector doubling over the last five years, according to a joint study released by the Council on Energy, Environment and Water (CEEW) and the International Energy Agency (IEA). The report – the 2019 ‘Clean Energy Investment Trends’ – was released […]
Large-scale mobilisation of green capital for investment and innovation in low-carbon energy solutions is the main holdout against a clean energy transition in emerging economies, according to an independent study released by the CEEW Centre for Energy Finance (CEEW-CEF). More than USD 200 trillion worth of assets are under management in the world’s pension funds, insurance firms and […]
Five years ago, India committed to an ambitious transformational target of 275 gigawatts (GW) of renewable energy installations by 2027. The target for new installs of 30-40 GW annually puts India on track to be one of the largest developers of renewables globally, potentially second only to China. To do this, India must continue to […]
In this report, the authors have analysed the impact of the Goods and Service Tax (GST) on the Solar sector vis-a-vis the coal sector. The analysis fills an important gap considering the high share of thermal power in the energy grid in India, as compared to the high hopes from Solar power going forward. Do […]
A new report has revealed that India’s renewable energy workforce has grown five-fold in the past five years. In 2019, nearly 100,000 workers are employed in the solar and wind industry in the country, up from 19,800 workers in 2014. Of these, 12,400 new workers were employed in FY19 and 30,000 new workers were employed in […]
Ratings and advisory Firm CRISIL has released a report, warning about the risks in the fresh wave of fuel pumps the government is planning. The warning comes at a time when the government’s own lead advisory, Niti Aayog, is pushing for a faster shift to EV’s. In the report titled ‘Outlet Overkill‘, CRISIL has made a […]
Consistent and market-relevant enabling policies are key to building affordable solar power. Unfortunately, this basic principle has been overlooked as Indonesia has cycled through a patchwork of solar policies that have driven many experienced investors and developers to the sidelines. The proof is in the numbers. Despite having substantial solar resources, Indonesia’s solar policy framework […]
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