India

IEEFA Research

IEEFA Report: Advances in Solar Energy Accelerate Global Shift in Electricity Generation

IEEFA Report: Advances in Solar Energy Accelerate Global Shift in Electricity Generation

Rapid Cost Deflation, Broad Gains in Scale; Key Momentum in China and India; Crucial Support From International Capital Markets and Tech Giants; Expansion Role Seen for National Governments

May 21, 2018 (IEEFA.org) – A report published today by the Institute for Energy Economics and Financial Analysis describes how solar energy is accelerating the transformation of the global electricity-generation sector through gains in technology innovation and price deflation. The study—“Solar Is Driving a Global Shift in Energy Markets”—details some of the world’s biggest utility-scale […]

IEEFA Report: Proposed Coal-Fired Project for Bangladesh Is a High-Priced Scheme Meant to Prop Up Adani Power

IEEFA Report: Proposed Coal-Fired Project for Bangladesh Is a High-Priced Scheme Meant to Prop Up Adani Power

Godda Plan, Contrary to Its Poverty-Alleviation Advertising, Would Cost Customers Dearly

April 10, 2018 (IEEFA.org): Adani’s proposed Godda Power project would prove financially unviable and a poor strategic fit for Bangladesh, concludes a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). The IEEFA study—“Adani Godda Power Project: Too Expensive, Too Late, and Too Risky for Bangladesh”—finds also that the project is […]

IEEFA India: Tamil Nadu, Population 72 Million, Emerges as a National Transition Model

IEEFA India: Tamil Nadu, Population 72 Million, Emerges as a National Transition Model

A Potential Doubling in Wind Power by 2027 and Six-Fold Increase in Solar

Feb. 7, 2018 (IEEFA) — New modelling by the Institute for Energy Economics and Financial Analysis (IEEFA) finds the Indian state of Tamil Nadu capable of doubling its wind energy capacity by 2027 and increasing its solar capacity six-fold. In a report published this week—“Electricity Transformation in India: A Case Study of Tamil Nadu”—IEEFA sees […]

February 7, 2018 Read More →

IEEFA Australia: Escalating Financial Risk in Adani’s Abbot Point Coal Terminal

Begging the Question as to Why the Government Would Lend Heavily to a Tax-Haven Scheme Controlled by a Foreign Billionaire

Oct. 2, 2017 (IEEFA) — New analysis by The Institute for Energy Economics and Financial Analysis (IEEFA) finds that Adani’s Abbot Point Coal Terminal is excessively leveraged, promises negative shareholders equity, and runs the risk of becoming a stranded asset if Adani’s proposed Carmichael mine does not get the A$1 billion Australian taxpayer subsidy it […]

October 2, 2017 Read More →
IEEFA Report: State-Owned Utility NTPC Takes a Lead Role in India’s Electricity Transition

IEEFA Report: State-Owned Utility NTPC Takes a Lead Role in India’s Electricity Transition

Country’s Largest Generation Company—Ranked Third Globally in Coal-Fired Capacity and Seventh in Generation—Emerges as Key Supporter of Government’s Renewable-Energy Initiative

May 25, 2017 (IEEFA.org) — The state-owned Indian utility NTPC is playing a key role in India’s push toward retooling its electricity-generation system, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). The report—“NTPC as a Force in India’s Electricity Transition: Leading the Way Toward a New Energy Economy”—details how […]

IEEFA Asia: A Better Way Forward for Electrification in Bangladesh

IEEFA Asia: A Better Way Forward for Electrification in Bangladesh

We See a Viable and Sensible Renewables Path to Rapid Eradication of Energy Poverty and to Improvements in Health and Education

We’ve just published a report that outlines a highly feasible and more cost-effective alternative to expand electrification in Bangladesh than what the Bangladesh government has in mind. Our blueprint—“Bangladesh Electricity Transition: A Diverse, Secure and Deflationary Way Forward”—outlines an expansion that would be cheaper, cleaner and provide more national energy security. Our research models an […]

IEEFA Update: IEA, Still Behind the Curve, Nonetheless Indicates Rising Stranded-Asset Risk in Fossil-Fuel Holdings

IEEFA Update: IEA, Still Behind the Curve, Nonetheless Indicates Rising Stranded-Asset Risk in Fossil-Fuel Holdings

A Not-So-Distant Future in Which Thermal-Fired Electricity Generation Declines Precipitously

The International Energy Agency, out with its annual energy-markets forecast, “World Energy Outlook 2016,” remains behind the curve but not as far behind as it was. A history of IEA underestimation of technology change has been partially remedied in this new report, but the agency’s solar and wind forecasts can at best be described still […]

November 17, 2016 Read More →

IEEFA Global: A $51 Billion Gap (and a $51 Billion Opportunity) in BRICS Nations’ Renewable Energy Development

How to Meet the Goal? Through "Blended Finance" Where Public Funds Unleash Private Money

Here, in one chart, is an IEEFA picture worth a thousand words. While some $130 billion was invested last year in renewable-energy development in the BRICS countries—Brazil, Russia, India, China, and South Africa—billions more are required if these countries are to meet their commitments to climate-change mitigation policies. The four countries, in all, have announced […]

October 17, 2016 Read More →
IEEFA Report: India Clings to Questionable Ultra Mega Power Plant Plans

IEEFA Report: India Clings to Questionable Ultra Mega Power Plant Plans

Viability Issues Continue to Complicate New Coal-Fired Projects

We’ve published a report today noting that while India has undergone an admirable energy-policy shift over the past few years, it is clinging unwisely to plans to build two costly coal-fired Ultra Mega Power Plants. Our report—“India’s Questionable Ultra Mega Power Plans”— details how these UMPP projects stand in jarring contrast to better-advised initiatives that […]

August 3, 2016 Read More →
A Step Backward for Bangladesh

A Step Backward for Bangladesh

Rampal Power Project: Fraught With Unacceptable Risk and Out of Step With the Times

We’ve published a report today that explains how the proposed coal-fired Rampal Power Plant in southwest Bangladesh would drive up electricity rates, cost far more than its promoters say, and put investors and consumers at a myriad of risks. Our report, “Risky and Over-Subsidized: A Financial Analysis of the Rampal Power Plant,” outlines why the […]

More News and Commentary

India’s NTPC cancels plans for massive coal plant

The Hindu: In a big blow to the development of North Andhra, four mega projects sanctioned for Visakhapatnam including the 4×1000 MW ultra-modern power project by the NTPC at Pudimadaka have been shelved due to various reasons. Touted as the largest single investment after formation of Sunrise Andhra Pradesh, the NTPC project was dropped on […]

June 22, 2018 Read More →

India expands offshore wind development effort

Recharge: The Indian government set 5 GW and 30 GW offshore wind targets after an initial expressions of interest process (EOI) attracted a roll-call of global industry players including sector leader Orsted, a clutch of European utilities, local groups ReNew Power and Suzlon, and oil majors Equinor and Shell. The country’s Ministry of New and […]

June 21, 2018 Read More →

Indian banks at odds with government’s renewable energy investment plans

Quartz India: Even as the Narendra Modi government pushes for renewable energy, Indian financiers are backing coal-based power projects. Around 73% of all funding in 2017 went towards coal-based plants, according to a study of 72 renewable and thermal power projects conducted by the Centre for Financial Accountability (CFA), a New Delhi-based non-profit. This is […]

June 19, 2018 Read More →

Japan’s SoftBank reportedly planning major investment in Indian solar

Reuters: SoftBank Group Corp has decided to invest $60 billion-$100 billion in solar power generation in India, Japanese public broadcaster NHK reported on Friday. SoftBank and the Indian government are expected to reach a formal agreement soon after final arrangements are made, the report said without naming its sources. The company is expected to make […]

June 15, 2018 Read More →

India ups the ante on its renewable energy target

Clean Technica: The announcement earlier this month from India’s power and renewable energy minister R.K. Singh that his country will increase its interim renewable energy target from 175 gigawatts (GW) by 2022 up to 227 GW has been heavily lauded, and though it “does look excessively ambitious,” according to Tim Buckley from the Institute for […]

June 12, 2018 Read More →

India to benefit from China solar reforms

Bloomberg: India may be the biggest beneficiary of solar industry reforms in China that are poised to reduce prices for photovoltaic panels. China announced last week it was halting approvals of some new solar projects this year and cutting subsidies to developers to ease its pace of expansion. That’s expected to slow demand in the […]

June 6, 2018 Read More →

India’s Renewable Energy Capacity Tops 70 GW

The Economic Times: India added 269.64 MW of renewable energy capacity last month taking the total grid connected clean energy capacity to 70,053.81 MW as of April 30, a government report has said. According to the report by the ministry of new and renewable energy, India [has] 34,165 MW of wind energy, 21,885.1 MW solar […]

May 29, 2018 Read More →

India Pushing to Take Solar Leadership From China

Quartz India: Since its big entry a decade ago, China has led the global solar energy industry. A massive manufacturing sector that has driven down costs, coupled with supportive government policies, have helped it commission multiple large-scale projects and become the world’s largest producer of solar energy. Meanwhile, neighbouring India has turned up at the […]

May 22, 2018 Read More →
IEEFA Report: Advances in Solar Energy Accelerate Global Shift in Electricity Generation

IEEFA Report: Advances in Solar Energy Accelerate Global Shift in Electricity Generation

Rapid Cost Deflation, Broad Gains in Scale; Key Momentum in China and India; Crucial Support From International Capital Markets and Tech Giants; Expansion Role Seen for National Governments

May 21, 2018 (IEEFA.org) – A report published today by the Institute for Energy Economics and Financial Analysis describes how solar energy is accelerating the transformation of the global electricity-generation sector through gains in technology innovation and price deflation. The study—“Solar Is Driving a Global Shift in Energy Markets”—details some of the world’s biggest utility-scale […]

Indian Railways Move Forward With Aggressive Solar Plans

Quartz: After experimenting with solar-powered train coaches last year, India’s diesel-guzzling railways now have an entire station that runs on renewable energy. The Guwahati railway station in the capital city of Assam is the first railway station in the country to be fully solar-powered. A major railway thoroughfare in India’s northeastern region, the station handles […]

May 18, 2018 Read More →