Iran’s energy minister, Abbas Aliabadi, announced plans to increase #renewableenergy capacity to 50 GW within five years. The government will offer loans and incentives to households and private #investors to accelerate the renewable sector's growth, amid reliance on #fossilfuels. Read More - https://lnkd.in/gwUSAp_7 #solarenergy #renewableenergy #middleeast #EnergeticaIndia
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The Indian government is likely to allocate funds for renewable energy in its upcoming budget 2024-25 Give a boost to renewable energy sectors Visit : http://urenergyglobal.com #solar #panels #subsidy #solarpanels #renewablepower #CleanEnergyForAll #saveenvironment #solarfuture #solarenergy #renewableenergy #budget #Budget2024 #FinanceMinistry #BrightFuture #budgetingtips
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The #CfD #AR6 budget is expected to undergo a substantial 50% increase - to £1.5bn, with offshore wind benefiting from a boost of £1.1bn. Our research shows this as a clear indication of the Labour government's commitment to its climate agenda. Tom Betts, our senior research analyst, highlights that this budgetary increase could deliver an additional 1.6 GW of offshore wind capacity, crucial for advancing renewable energy in Great Britain. While ambitious, this move signifies a serious push towards meeting renewable targets, despite challenges in fully achieving Labour's manifesto pledges. Follow us to hear more about our insights into the world's energy markets! #RenewableEnergy #ClimateAction #EnergyResearch #OffshoreWind #AuroraEMEA
UK govt boosts renewable auction budget to "record-breaking" levels. Could secure 5.8GW of new offshore wind capacity, says Aurora Energy Research, up from 4.2GW * enough to supply 10% of UK electricity * still leaves huge gap to 2030, per Energy UK chart (this was based on max 5GW in this auction, but the same holds even if it's 6GW) https://lnkd.in/ei_8Dhzz
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Ministry of New and Renewable Energy (MNRE) made an Amendment to the Approved Models and Manufacturers of Solar Photovoltaic Modules (Requirements for Compulsory Registration) Order, 2019. View the amendment here - https://lnkd.in/gqT5_FAR #SolarPanelEfficiency #RenewableRevolution #GreenFuture
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India’s #renewableenergy capacity has now crossed 200 GW, latest data from the Central Electricity Authority (CEA) revealed. As per the latest information from the agency, India’s total renewable capacity (excluding large hydro) touched 154 GW while India’s large hydro projects touched 46 GW capacity by the end of September 2024. Read more https://lnkd.in/g2RVE5gb Central Electricity Authority (Cea) #solarpower #windenergy
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@Reuters - According to analysts, higher interest rates pose a risk for the renewable energy sector, complicating the global push for a switch to sustainable energy, . High interest rates in the US lead to a higher cost of borrowing. resulting in a hit to renewable projects that are more capital-intensive and rely on subsidies. #energy #power #renewables #interestrates #prospectresources
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While solar still has a lower levelized cost of energy (LCOE) than natural gas, early-stage renewable projects require substantial upfront investment, making them more vulnerable to rising interest rates as debt financing becomes more expensive. Because of this, investors will likely become more selective, potentially leaving lower-quality projects unfunded. Although the overall impact of rising interest rates on the energy transition is uncertain, one thing is clear: as investors become more discerning, the quality of early-stage projects will be critical. Read more in Utility Dive: https://lnkd.in/gP759GQw #RenewableEnergy #ProjectDevelopment #EnergyTransition
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The most anticipated Union Budget will soon be announced and is expected to emphasize on India's renewable energy sector. Our CEO, Shreya Mishra, shares insights with Saur Energy on expectations from this budget to achieve renewable energy targets by 2030. Read more about this here: https://bit.ly/4cOLvrW #SolarSquare #RenewableEnergy #SolarPower #UnionBudget2024
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@Reuters - According to analysts, higher interest rates pose a risk for the renewable energy sector, complicating the global push for a switch to sustainable energy, . High interest rates in the US lead to a higher cost of borrowing. resulting in a hit to renewable projects that are more capital-intensive and rely on subsidies. #energy #power #renewables #interestrates #prospectresources
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India's #solarmodule #manufacturing capacity has surged over 58 GW while the Ministry of New and Renewable Energy (MNRE) clarifies that specific projects with prior approvals are exempt from recent regulatory changes affecting open access and #netmeteringschemes. Government of India Read More - https://lnkd.in/dsXDqETX #solarenergy #renewableenergy #EnergeticaIndia
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Energy Transition Mythbusters #2 There has never really been a free market in renewable power. Instead, the renewables sector has been propped up by public subsidies. These subsidies coexist with liberalisation policies, which have concentrated power in the hands of a few oligopolistic firms. https://lnkd.in/dXr7MQUi
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