India may soon review its Renewable Purchase Obligation (RPO) mechanism to give targets more suited to the environment of each state and offer more flexibility, according to energy minister Piyush Goyal.
India’s energy and mines minister Piyush Goyal has challenged Germany and the city of Munich to a race with the ancient holy city of Varanasi to become the first large city in the world to be 100% powered by clean energy.
At least 13.7GW of planned coal-fired power plants have been cancelled in India this month, while solar prices have tumbled to new lows, showing that India’s energy transformation is in full swing, according to the Institute for Energy Economics and Financial Analysis (IEEFA).
Consultancy firm Bridge to India explains how southern India represents a test case for grid integration of variable renewable energy, accounting for 45% of the country’s total wind and solar power capacity.
Spain will hold this year's second renewable energy auction of up to 3GW before the summer, but the parameters of the tender, which led to wind wiping the floor of the first auction, look to set to remain.
This week's Movers & Shakers segment features executive shuffles in energy storage companies and an O&M firm, while examining a new merger between Spain's Gamesa and Siemens Wind Power. Spain's Renewable Energy Association elects a new president for the next four years, and Jon Wellinghoff exits SolarCity amid the US$2 billion Tesla acquisition.
Having retroactively damaged its solar sector once before, Spain's latest renewable energy tender does little to repair the damage. While Saudi Arabia embraces a cost-based solar auction, Spain is tipping the scales in favour of the status quo.
Spain has made the second of four steps necessary to carry out its 2-3GW renewable energy tender by passing a ministerial order, but the country’s main solar association has taken issue with with what it believes is a blatant favouring of wind energy in what should be a technology neutral auction.
Despite a significant drop in global renewable energy investment last year, a corresponding rise in renewables deployment spelled encouraging news for the sector, according to a new UN Environment Programme (UNEP) report entitled ‘More Bang for the Buck’.