Industry
India aims to expand renewable energy capacities to record levelsedit
India has taken the lead in the renewable energy sector in the world with solar power at the centre of its renewable policy framework. The country is aiming to expand its renewable energy capacities to a record level making it the world’s largest green energy producer nation. Union Minister of State with Independent Charge for Power and Renewable Energy, Piyush Goyal underlined India’s ambitious goals in the renewable energy sector.
Publication: The Hindu Business Line
‘Green energy can create 58,000 jobs in India by 2022’edit
Employment opportunities in India’s renewable energy sector are going to almost double by 2022, according to the International Renewable Energy Agency (IRENA). “The Council on Energy Environment and Water and the National Research Development Corporation project that utility and park scale PV (photovoltaic) projects through 2022 could create 58,000 direct jobs (in India),” IRENA said in its Annual Review 2017 for Renewable Energy and Jobs.
Publication: The Hindu Business Line
The role of smart cities in meeting future energy demandedit
Global population and urbanization are increasing at a rapid pace. According to UN reports, 54% of world’s population was urban in 2014 and this figure is expected to be 66% by 2050. Global energy demand is expected to follow a similar trend and increase rapidly over the next few decades. Moderate UN scenarios suggest that if current population and consumption trends continue, by the 2030s, we will need the equivalent of two Earths to support us.
Publication: Firstpost
Solar is now cheaper than coal-based electricity in India, but the math makes no senseedit
Solar energy prices are crashing through the floor in India. In the last three months, solar tariffs have dropped by over 25%, with much of the recent action focused around Rajasthan’s Bhadla solar park, a 10,000-hectare facility on the edge of the Thar desert. At an auction for 500 megawatts of capacity at the park on May 12, the state-run Solar Energy Corporation of India managed to discover a record-low tariff of Rs 2.4 per kilowatt-hour.
Publication: Scroll.in
Analysis – Will China Get Benefit From India’s Electric Vehicles Push?edit
India’s ambitious plan to push electric vehicles at the expense of other technologies could benefit Chinese car makers seeking to enter the market, but is worrying established automakers in the country who have so far focused on making hybrid models. India’s most influential government think-tank unveiled a policy blueprint this month aimed at electrifying all vehicles in the country by 2032, in a move that is catching the attention of car makers that are already investing in electric technology in China such as BYD and SAIC.
Publication: News18