Focusing On Energy Efficiency to Gain Energy Security

At a time when India is trying to turn around the energy scenario, focusing on energy efficiency can serve as a well thought plan to reach the targets and to provide power to all. Managing and increasing energy efficiency is one of the most economical way to get energy security while reducing greenhouse gas emissions.…

Investment in Fossil Fuels Is Investment in a World of Fumes

Renewable energy investment ($ 286 bn) surpassed investment in coal and gas ($ 130 bn) in 2015-16 and estimated to amount to $333 bn in 2018-19. Not just the developed countries, but developing countries like Brazil, Philippines, Mexico, Turkey, Chile, Africa, and India are focusing on renewable energy to phase out fossil fuels. Solar has…

Innovative Financial Mechanisms Can Speed Up Renewable Energy Growth

With climate control initiatives becoming a necessity and greatly accepted by the countries, the world is feeling the urge to boost its efforts in renewable energy growth. Important initiatives that pave the way for clean energy growth are being highlighted and taken into consideration to maximize results. Innovative financial mechanism is one such element that…

Indian Energy Storage Market: An Opportunity to Support Rapid Solarisation

Driven by deteriorating climate conditions, failure to provide electricity to all (~1 bn people globally), and depleting conventional energy reserves, the world is now rapidly shifting towards green energy- mainly solar and wind. However, since energy generation through solar and wind are intermittent, there is a merit in thinking and taking active steps towards energy…

Crude Oil Price Increase Reiterates the Importance of Solar Growth

Although, renewable energy growth (especially solar) has been incredible in India, the country is still the third-largest oil consumer in the world (4.14/million barrels per day, 4% share of the world total). It is understandable that Indian solar industry still hasn’t grown large enough to phase out conventional energy usage and satisfy country’s growing energy…