Reports and Documents

The key areas examined by the report include the latest data and analysis on renewable power capacity additions in 2022 – globally and for major markets – as well as forecasts for 2023 and 2024.

About $2.8 trillion is set to be invested globally in energy in 2023, of which more than $1.7 trillion is expected to go to clean technologies, according to this new report by the International Energy Agency (IEA).

Agrivoltaics —the simultaneous use of land for both agriculture and photovoltaic (PV) power generation —offers a potential solution to the competition for land resources between agriculture and renewable energy that may arise in the future in India.

The Union government amended the green energy open access rules for the second time, in which it changed the name of the regulation to Electricity (Promoting Renewable Energy Through Green Energy Open Access) (Second Amendment) Rules, 2023.

Decentralised Renewable Energy (DRE)-Powered Technologies, having a market potential of $50 billion+(INR 4 lakh crores), can help India generate resilient and sustainable livelihoods for its marginalised communities.

Key stakeholders are now starting to recognise the potential of using decentralised renewable energy (DRE) technologies such as dryers, silk-reeling machines, vertical fodder grow units, and others to transform India’s rural economy. But several questions on their market potential, viability and impact are also emerging.

The Ministry of Power (MoP) has conveyed to all state electricity regulatory commissions (SERCs) to take appropriate action for determination of green tariff, implement the green open access rules notified by the central government and align open access regulations in accordance with the notified rules, at the earliest.

The ongoing global energy crisis has highlighted countries’ vulnerabilities to energy shocks due to an overdependence on fossil fuels. Clean energy sources are an ideal option for states looking to hedge against the risks associated with fossil fuels.

The Revenue Department, Government of Gujarat, has issued the ‘Policy 2023’ for leasing out land to foster the growth of green hydrogen production in the state. The policy aims to provide the framework for promoting green hydrogen production by using renewable energy to make the best use of land and achieve the objective of a clean environment.

The need to scale up the deployment of technologies such as green hydrogen, energy storage and offshore wind has become increasingly critical to the success of the global energy transition and to meeting global climate goals. To this end, access to low-cost capital for project financing in G20 Member Countries and beyond is vital.