The Asian Development Bank (ADB) released its draft energy policy, which states that the institution “will not finance any new coal-fired capacity for power and heat generation or any facilities associated with new coal generation. ADB’s new policy to stop coal financing is a long-delayed and incremental move.
India has set ambitious targets to increase the share of renewable energy (RE) in its energy mix. The Government of India (GoI) plans to install 175 GW of renewable energy projects by 2022 and 450 GW by 2030. To put that in perspective, total installed energy capacity in India at the end of 2020 was 379 GW, or which 93 GW (25%) was RE.
This report, a joint study between IRENA and the Korea Energy Economics Institute (KEEI), provides new perspectives on the interconnection potential in Northeast Asia and valuable insights for policy makers and key stakeholders.
In 2015, the Government of India set a target to achieve 175 GW of grid-connected renewable electricity capacity by March 2022. The national target for rooftop solar PV (RTS) is 40 GW and the installed capacity as of 31 December 2020 was around 6 GW.
The IRENA Coalition for Action brings together leading renewable energy players from around the world with the common goal of advancing the uptake of renewable energy.
Buildings are the most prominent feature of most cities, occupying large areas to provide homes and services for residents. Buildings are also among the biggest users of energy and contribute substantially to greenhouse gas emissions.
This study provides a comprehensive overview of India’s Renewable Energy Certificate (REC) mechanism and outlines key trends in its evolution since 2010. RECs are market instruments that allow power distribution companies (disoms) and others to meet renewable purchase obligations (RPO) without buying green power.
Cities bring together the people and resources needed for commerce, recreation, and cultural activity. Transport of all kinds plays a central role in cities, as they are home to an ever increasing share of the world’s population.
The energy transition in cities promises to transform the urban environment, with impacts that extend well beyond the energy sector. It will shape transport, buildings, land use and a host of other sectors.
Cities are critical to the global energy transition. The most visible energy transitions today occur in major cities. With their comparatively large revenue bases, big cities have the regulatory frameworks and infrastructure to scale up renewables and meet emission reduction targets.
