India Installs a Record 2.5 GW of Solar Open Access in 2022, Up 92% YoY
India added 2.5 GW of solar open access in the calendar year (CY) 2022, a year-over-year (YoY) increase of 92% from the 1.3 GW installed in CY 2021, according to the newly released 2022 Q4 & Annual Mercom India Solar Open Access Market Report. The year marked the highest-ever annual installations […]
Investments in Renewables Reach New High in 2022 But Need Massive Increase
Global investments in energy transition technologies achieved a historic milestone by reaching a record high of $1.3 trillion in 2022, a 19% increase over 2021 and a 50% jump from the pre-pandemic levels of 2019, according to the International Renewable Energy Agency (IRENA). Despite the record-high investments, it is crucial to […]
Lithium Find Boosts India’s Efforts for Energy Independence by 2047
India’s edge in renewable generation and the recent discovery of vast lithium reserves, along with deep cost reductions in clean technology, can enable a pathway for cost-effective energy independence by 2047, a latest Berkeley Lab study has found. The study titled Pathways to Atmanirbhar Bharat, released by the U.S. Department of […]