For the third consecutive year in 2020, Indian lenders poured more money into renewable energy projects than into coal-fired ones. According to a research by Climate Trends and the CentreContinue Reading
The vast majority of the world’s fossil fuels are effectively “unextractable” and must remain in the ground if we want even half a chance at meeting our climate goals, accordingContinue Reading
The IPCC’s latest report is real and the conclusion is therefore unmistakable: the climate crisis is not a distant future occurrence but is happening now. There have never been good excusesContinue Reading
India’s biggest bank, State Bank of India (SBI), is caught between Larry Fink and Narendra Modi. It is being asked to finance coal projects to meet the Indian leader’s pushContinue Reading
According to Moody’s Investors Service, power generation from solar and wind projects (renewable power) will likely be cost-competitive relative to coal-based power in India in 2025-2030 period. The shift wouldContinue Reading
Last year, solar power had overtaken coal power as the cheapest source of energy in India. While solar power producers supplying power at Rs 2.44 to 2.92 per unit ofContinue Reading
A report titled “Coal vs Renewables Finance Analysis” by the Center for Financial Accountability (CFA) said only 12 of India’s 29 States attracted renewable energy project financing in 2017. OutContinue Reading
