India

IEEFA Research

IEEFA India: Volatile LNG prices present opportunity to switch to cleaner fuel sources

IEEFA India: Volatile LNG prices present opportunity to switch to cleaner fuel sources

Lower demand for LNG leads to under-utilisation of infrastructure and raises stranded asset risks

19 January, 2022 (IEEFA India): High and volatile liquefied natural gas (LNG) prices are an opportunity for India’s gas-dependent industries and the city gas distribution network to switch to cleaner, non-fossil fuel alternatives like biogas and biomethane, says a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). This will also avoid […]

and January 19, 2022 Read More →
IEEFA/Ember India: Uttar Pradesh is at a crossroads in its electricity transition

IEEFA/Ember India: Uttar Pradesh is at a crossroads in its electricity transition

Solar is now key to meeting the state’s future energy demand

17 December (IEEFA/Ember, India): Uttar Pradesh has fallen behind other power-intensive Indian states in terms of delivering on renewable capacity targets. A new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and energy think tank Ember says urgent action is needed to get back on track, not only for the state […]

IEEFA: Agrivoltaics – how India can combine solar power and farmland

IEEFA: Agrivoltaics – how India can combine solar power and farmland

With measures to protect farmers and food production, agrivoltaics could accelerate the renewable energy roll-out

8 December (IEEFA India): Agrivoltaics, the practice of generating solar power on farmland in ways that complement agricultural production, could become an important new renewable energy sector in India, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). But for the sector to thrive, measures to safeguard farming communities and agricultural […]

IEEFA/JMK Research: Round-the-clock tenders can help meet demand for firm renewable power

IEEFA/JMK Research: Round-the-clock tenders can help meet demand for firm renewable power

Tenders have evolved from “vanilla” solar or wind, to hybrid, to round-the-clock

24 November (IEEFA/JMK Research India): Electricity distribution companies (discoms) demand firm and uninterrupted renewable power. A new report by IEEFA and JMK Research highlights the important role that different mixes of generation sources and storage technologies can play in overcoming the intermittency challenge of variable renewable energy (VRE) and ensuring grid stability. Renewable energy blended […]

IEEFA: Innovative financing can help India achieve its renewable energy goals

IEEFA: Innovative financing can help India achieve its renewable energy goals

Green bonds, multilateral development bank loans and infrastructure investment trusts are among potential financing sources

29 October (IEEFA India): To reach India’s renewable energy goals, companies in the sector will need to fund capacity expansion with massive amounts of capital at competitive rates. A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) looks at how this can be done by augmenting traditional financing structures and sources […]

IEEFA: Battery storage and green hydrogen can boost India’s renewable energy efforts

IEEFA: Battery storage and green hydrogen can boost India’s renewable energy efforts

Markets for grid-scale batteries and green hydrogen are taking shape in India

21 October (IEEFA India): Battery storage and green hydrogen – markets that are critical for India’s renewable future and energy security – could scale up rapidly in the country, bolstered by government policy and private company ventures, according to a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA). “Grid-scale energy […]

IEEFA India: Financing options must be scaled up to boost adoption of rooftop solar

IEEFA India: Financing options must be scaled up to boost adoption of rooftop solar

Micro, Small and Medium-sized Enterprises (MSMEs) could be the next drivers of growth

29 September (IEEFA India): Micro, Small and Medium-sized Enterprises (MSMEs) could be the key to accelerating the adoption of rooftop solar in India – but financial institutions are often reluctant to lend to MSMEs because they prefer borrowers with strong financial track records and good corporate credit ratings. A new report by the Institute for […]

IEEFA India: Why prices skyrocketed at the power exchange

IEEFA India: Why prices skyrocketed at the power exchange

Renewables can help stabilise the grid and level costs amid the vagaries of coal stocks

29 September (IEEFA India): With electricity demand in India recently peaking, a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) explores the supply and demand conditions that led to recent price spikes in the evening peak hours, starting in August through to September 2021. Electricity demand in India has peaked and […]

and September 29, 2021 Read More →
IEEFA: Orsted’s transition provides key insights for India’s public utilities and renewable energy companies

IEEFA: Orsted’s transition provides key insights for India’s public utilities and renewable energy companies

Orsted transitioned from a coal intensive utility to a global renewable energy leader creating immense shareholder wealth

17 September 2021 (IEEFA India): Orsted, the once Danish state-owned utility, transitioned from being one of the most coal-intensive utilities in Europe to a global leader in offshore wind energy. A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) charts Orsted’s energy transition journey and provides key insights for India’s massive […]

More News and Commentary

Study: South Korea financial institutions lagging badly in coal phaseout

Bloomberg ($): Financial institutions in South Korea, one of the world’s top funders of coal, have failed to keep up with their global peers in setting policies to exit the dirtiest fossil fuel, an activist group said. Seoul-based non-profit Solutions for Our Climate assessed 100 companies, including banks, asset managers, securities firms and insurers in […]

January 26, 2022 Read More →

IEEFA India: What’s in store for renewable energy this budget?

Government will likely put in place strategies to reduce reliance on expensive fossil fuel imports

There is much to look forward to in India’s 2022-23 Budget. The Government of India has already set a target to achieve 500 gigawatts (GW) and a 50% share of energy from non-fossil fuels by 2030, backed up with a net-zero emissions by 2070 pledge delivered at COP26. As the Government would know, in order […]

January 24, 2022 Read More →

Fluence, ReNew Power create venture for India energy storage projects

Energy Storage News: Fluence is forming a new company with independent power producer (IPP) ReNew Power, aimed at providing energy storage solutions in India.  Energy storage technology provider Fluence, which also offers digital asset management and energy trading software for the renewable energy sector, delivered the country’s first operational grid-scale energy storage system, a 10MW […]

January 20, 2022 Read More →
IEEFA India: Volatile LNG prices present opportunity to switch to cleaner fuel sources
and

IEEFA India: Volatile LNG prices present opportunity to switch to cleaner fuel sources

Lower demand for LNG leads to under-utilisation of infrastructure and raises stranded asset risks

19 January, 2022 (IEEFA India): High and volatile liquefied natural gas (LNG) prices are an opportunity for India’s gas-dependent industries and the city gas distribution network to switch to cleaner, non-fossil fuel alternatives like biogas and biomethane, says a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). This will also avoid […]

and January 19, 2022 Read More →
IEEFA: Skyrocketing EV sales in China spell a no-turning-back step change in global energy landscape

IEEFA: Skyrocketing EV sales in China spell a no-turning-back step change in global energy landscape

The avalanche of technology, policy and finance moves is now unstoppable

The jury is in. The global race between passenger electric vehicles and hydrogen fuel cells vs petrol vs diesel is over. EVs have won in China, the world’s biggest auto market. EV sales in China grew 154% year-on-year to 3.3 million in 2021. China now wants new energy vehicles (NEVs), including plug-in hybrids and hydrogen […]

January 19, 2022 Read More →

NTPC begins bidding process for 900-megawatt solar farm in Cuba

The Economic Times: NTPC on Tuesday invited bids to set up a 900-megawatt (MW) solar energy park in the Republic of Cuba. NTPC, a corporate partner of ISA International Solar Alliance (ISA), has been chosen as the preferred partner for implementation of the projects. According to the official press release, NTPC and the Union Electrica […]

January 19, 2022 Read More →

Two tycoons expected to invest $145 billion into India renewables

S&P Global Market Intelligence ($): India’s journey to net-zero emissions will get a shot in the arm from nearly $150 billion of planned investments in green energy announced by its two richest tycoons, who both owe their fortunes to carbon. Reliance Industries Ltd., the flagship of Asia’s richest man, Mukesh Ambani, announced plans to invest […]

January 18, 2022 Read More →
IEEFA India: Scaling up rooftop solar finance

IEEFA India: Scaling up rooftop solar finance

To realise rooftop solar's potential, funding for commercial and industrial sector installations needs to be as innovative as the technology

India has set a target of 40 gigawatts (GW) of rooftop solar by 2022. As of 30 June, 2021 India had 7.7GW of installed rooftop solar capacity. The commercial and industrial (C&I) sector accounts for about 75% of the total rooftop solar installations in India and accessible financing is a prerequisite to drive growth in […]

January 17, 2022 Read More →

Reliance Industries plans $80 billion investment in green projects

Reuters: India’s Reliance Industries (RELI.NS) said it would invest 5.95 trillion rupees ($80.49 billion) to set up green energy projects and bolster its retail and telecom arms in the western state of Gujarat, as it targets net-zero carbon emissions by 2035. Owned by billionaire Mukesh Ambani, the conglomerate has in the past year unveiled plans […]

January 14, 2022 Read More →
IEEFA Update: How Indonesia’s coal export ban could impact India

IEEFA Update: How Indonesia’s coal export ban could impact India

What does it mean for power generation and energy security?

Not long ago, India faced coal shortages due to a decline in domestic coal production after mines flooded during the monsoons. That had more to do with developers not maintaining enough coal stockpiles than a decline in domestic coal production. Some of this shortfall in domestic supply from August to October 2021 was met through […]

January 13, 2022 Read More →