Sunny outlook for solar power, coal goes into terminal decline
Solar power, which has now become the cheapest source of electricity, is expected to drive the global energy transition away from fossil fuels
Solar power, which has now become the cheapest source of electricity, is expected to drive the global energy transition away from fossil fuels
Increased use of batteries can ensure grid stability and boost the contribution of renewables in India’s energy mix, which is necessary to decarbonise the power sector
Renewable energy continues to create jobs worldwide and the industry has the potential to lead employment growth as countries start recovering from the Covid-19 pandemic
Even as India boosts solar power capacity, the country needs to take further policy action to scale up competitive solar equipment manufacturing
The growth in the wind sector has been slowing for the past few years in India; this has now been compounded by disruptions due to the Covid-19 pandemic
Project costs are set to rise as state-owned firms stop buying Chinese solar equipment and developers face higher import tariffs amid inadequate domestic capacity