India

IEEFA Research

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 […]

IEEFA India: Proposed power market reforms could reduce renewable energy costs further

IEEFA India: Proposed power market reforms could reduce renewable energy costs further

Increased competition will raise the stranded asset risk for expensive coal plants

9 September 2021 (IEEFA India): Two proposed reforms to the design of India’s electricity market – a national system of market-based economic dispatch (MBED) for procuring bulk power and new regulations for Frequency Control Ancillary Services (FCAS) – are positive developments that will help pave the way for the rollout of large-scale, ultra-low cost variable […]

and September 9, 2021 Read More →
IEEFA: Reducing land-use impacts of renewable generation could smooth the path for India’s energy transition

IEEFA: Reducing land-use impacts of renewable generation could smooth the path for India’s energy transition

How much land would be needed to power a net-zero India?

6 September 2021 (IEEFA India): Judicious planning of land use for solar and wind generation will help India to achieve its renewable energy ambitions, according to the Institute for Energy Economics and Financial Analysis’ (IEEFA) new report which examines how much land would be needed for the country to reach net-zero emissions by 2050. IEEFA […]

IEEFA: Renewable energy investment in India bounces back from COVID-19 slowdown

IEEFA: Renewable energy investment in India bounces back from COVID-19 slowdown

Investment in Indian renewables was US$6.6 billion between April and July 2021, beating the total for the previous financial year

19 August 2021 (IEEFA India): Renewable energy investment is rising again in India following the slowdown in the previous financial year due to the onset of the COVID-19 pandemic, finds a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA). In the first four months of this financial year (FY), from April […]

IEEFA: Commercial and industrial rooftop solar installs set to increase in India

IEEFA: Commercial and industrial rooftop solar installs set to increase in India

A new generation of technologies is making rooftop solar even more cost effective

28 July 2021 (IEEFA India): The rate of rooftop solar capacity addition by commercial and industrial (C&I) consumers in India is expected to accelerate this year, as new and innovative solar technology solutions provide opportunities for businesses to save on electricity costs and contribute to corporate renewable energy targets, finds a new report by the Institute […]

IEEFA: Global investors are moving away from the massive climate-related risks associated with fossil fuels

IEEFA: Global investors are moving away from the massive climate-related risks associated with fossil fuels

Top debt and equity investors committed over $300 billion in 2020 into building renewable energy capacity

19 July 2021 (IEEFA Australia): Despite the economic disruption from COVID-19, top global debt and equity investors are continuing to drive capital into the renewable energy infrastructure sector due to its consistency in providing investment opportunities, finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). “Global investors are accelerating their […]

IEEFA India: Overestimated LCOEs of coal-fired power plants create a financial bubble

IEEFA India: Overestimated LCOEs of coal-fired power plants create a financial bubble

Massive stranded asset risk detrimentally affects the financial and power distribution sectors

7 July 2021 (IEEFA India): India’s future coal-fired power project pipeline carries a massive stranded asset risk due to the collapse in the average utilisation rate of its coal-fired power fleet leading to an underestimation of financial risk for new projects, finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). […]

IEEFA: Powering up solar irrigation effort will support India’s renewable energy targets

IEEFA: Powering up solar irrigation effort will support India’s renewable energy targets

States must overcome obstacles to ramp up installation of solar pumps

11 June 2021 (IEEFA India): India’s mission to deploy some 2 million off-grid solar-powered irrigation pumps is making sluggish progress, with only one-eighth of the target achieved so far, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA) which urges the central and state governments to remove bottlenecks in […]

IEEFA: New coal-fired power plants in India will be economically unviable

IEEFA: New coal-fired power plants in India will be economically unviable

Coal capacity additions face major stranded asset risk

4 June 2021 (IEEFA India): Much of India’s 33 gigawatts (GW) of coal-fired power capacity currently under construction and another 29GW in the preconstruction stage will end up stranded, according to a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA). “Coal-fired power simply cannot compete with the ongoing cost reductions […]

IEEFA: Backlog of unsigned power sale agreements risks slowing India’s renewable energy growth

IEEFA: Backlog of unsigned power sale agreements risks slowing India’s renewable energy growth

Freeing up India’s ‘on-hold’ renewable energy capacity

7 April 2021 (IEEFA India): Delays in signing power sale agreements (PSAs) are a bottleneck in the growth of renewable energy capacity in India, jeopardising the government’s renewable energy target of 175 gigawatts (GW) by 2022, dampening investor confidence and threatening the viability of projects, finds a new briefing note from the Institute for Energy […]

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Electricity demand in first half of 2021 outpaced renewables growth

The Washington Post ($): Carbon dioxide emissions from the global electric power sector rebounded in the first half of 2021 to above pre-pandemic levels, according to an analysis, signaling that the world has failed to engineer a “green recovery” and shift decisively away from fossil fuels. As electricity demand jumped from last year’s lows, the […]

August 25, 2021 Read More →

India developer to build 3.5-gigawatt green hydrogen plant in Oman

PV Tech: Indian solar developer ACME Group has signed a deal to advance a green hydrogen project in Oman which will be powered by 3GW of solar. Acme has signed a land agreement with the government of Oman to establish a green hydrogen and ammonia facility in the country, which the company claims will be […]

August 24, 2021 Read More →
IEEFA: Renewable energy investment in India bounces back from COVID-19 slowdown
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IEEFA: Renewable energy investment in India bounces back from COVID-19 slowdown

Investment in Indian renewables was US$6.6 billion between April and July 2021, beating the total for the previous financial year

19 August 2021 (IEEFA India): Renewable energy investment is rising again in India following the slowdown in the previous financial year due to the onset of the COVID-19 pandemic, finds a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA). In the first four months of this financial year (FY), from April […]

IEEFA: Green bonds are driving cost-effective finance to clean energy in India

IEEFA: Green bonds are driving cost-effective finance to clean energy in India

Indian green bonds attractive in global low interest rate environment

Green bonds have become a key financial instrument for mobilising cost-effective foreign debt capital into the Indian renewables market. Since 2016 Indian corporates and financial institutions have raised around US$14.43bn through green bonds as per Bloomberg New Energy Finance (BNEF) data. In 2021 to-date, Indian companies have attracted US$4bn in green bonds, already beating the […]

August 19, 2021 Read More →

India claims most progress among G20 nations to meet Paris goals

Hindustan Times: Prime Minister Narendra Modi on Sunday announced that India has already installed 100 GW of renewable energy, adding that India is the only country among G20 nations that is progressing rapidly to meet its climate goals. India has a target of achieving 40% of electric power installed capacity from non-fossil fuel sources by […]

August 16, 2021 Read More →

India non-hydro renewables capacity tops 100-gigawatt mark

The Economic Times: India’s renewable energy generation capacity excluding large scale hydro projects has crossed 100 GW, power and renewable energy minister R K Singh said on Thursday. The country stands fourth in the world in terms of installed renewable energy capacity, fifth in solar and fourth in wind in terms of installed capacity. While […]

August 13, 2021 Read More →

India plans requiring green hydrogen use for refineries, fertilizer plants

Reuters: India plans to force refineries and fertiliser plants to use some green hydrogen, junior oil minister Rameswar Teli said on Monday, as Asia’s third-largest economy strives to reduce carbon emissions. Governments and energy companies around the world are betting on clean hydrogen playing a leading role in efforts to lower greenhouse gas emissions, though […]

August 10, 2021 Read More →

ReNew signs first-of-its-kind PPA for electricity supply in India

ReNews.biz: India-based clean power outfit ReNew Power has signed a power purchase agreement (PPA) for round-the-clock (RTC) electricity supply, the first-of-its-kind in India. The 25-year PPA is with the Solar Energy Corporation of India (SECI), a government-owned entity. The hybrid project will be designed to operate at an 80% average annual plant load (PLF) factor […]

August 9, 2021 Read More →

Copenhagen Infrastructure Partners, Amp Energy target Indian renewable energy market

ET EnergyWorld.com: Copenhagen Infrastructure New Markets Fund has inked a pact with Amp Energy India Private Ltd for joint equity investment of over USD 200 million (around Rs 1,500 crore) in renewables. Copenhagen Infrastructure Partners (CIP), among the largest renewable energy focused fund managers globally, has signed an investment agreement through its Copenhagen Infrastructure New […]

August 4, 2021 Read More →
IEEFA: Commercial and industrial rooftop solar installs set to increase in India
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IEEFA: Commercial and industrial rooftop solar installs set to increase in India

A new generation of technologies is making rooftop solar even more cost effective

28 July 2021 (IEEFA India): The rate of rooftop solar capacity addition by commercial and industrial (C&I) consumers in India is expected to accelerate this year, as new and innovative solar technology solutions provide opportunities for businesses to save on electricity costs and contribute to corporate renewable energy targets, finds a new report by the Institute […]