Argentina has declared 2017 as the ‘Renewable Energy Year’ as the South American country looks to increase awareness about the advantage of renewable energy and the important of sustainability.
Between 2022 and 2027, India plans to add 12,000 megawatts of large hydro capacity, 4,800 megawatts of nuclear power capacity but ZERO thermal power capacity.
A private firm, which evaluated the generation-based incentive scheme in India has proposed to incentivise utilities to purchase wind power.
India plans to add 12 GW solar power, 4 GW wind energy, 500 MW biomass-based power and 225 MW small hydro power capacity between April 2016 and March 2017.
Sri Lanka has decided to take the auction route as the country’s utility has been paying very high feed-in tariffs for operational projects.
Approval shall be subject to the turbine model meeting international specifications.
The International Solar Alliance shall come into official existence under the UN once 15 countries ratify the agreement or officially join the alliance.
China targets 530 MWh of electricity generation from geothermal power plants by 2020; this should enable the country to offset use of 72.1 million tonnes of coal and 177 million tonnes of carbon dioxide emissions.
The first glimpses of the green bonds policy are expected when the government tables the financial budget for 2017/18 next year.
Officials of the Ministry of New and Renewable Energy have stated that the first-ever wind energy auction in India will be competed by next month.
South Africa strongly opposes objection by some countries attempts to introduce restrictions on mandated use of local content in renewable energy projects.
A stamp of approval from the United Nations will certainly help the Alliance push towards the goal of mobilising $1 trillion for setting up 1,000 GW of solar power capacity around the world.
The Energy Regulatory Commission of Kenya is currently working on a regulation to enable this change which should be ready for implementation within 3 months.