Understanding the 1.5°C Targets The climate targets set forth in international agreements, especially the 1.5°C target, is not merely a number. It symbolizes a global commitment to reduce the impact of human-induced climate change. Achieving these targets involves adopting renewable Read more…
With the increasing global emphasis on sustainable energy and environment protection, Battery Energy Storage Systems (BESS) powered by lithium-ion technology stand out as a promising solution. Especially in places like Delhi NCR, where the government’s recent clampdown on diesel generators Read more…
Global weighted average total installed costs, capacity factors and LCOE from newly commissionedsolar PV, onshore wind power and offshore wind power, 2010-2022 Global Surge in Renewable Competitiveness In the past decade, the global renewable energy sector witnessed an extraordinary metamorphosis. Read more…
In the intricate realm of project financing, especially within the sphere of renewable energy projects like solar power, understanding the Debt Service Cover Ratio (DSCR) is paramount. This metric, distinct from its counterpart in corporate finance, is pivotal in assessing Read more…
Amidst the global shift towards sustainable energy solutions, the financing framework of solar projects has garnered immense attention. Central to this framework is the Power Purchase Agreement (PPA), a foundational pillar in the realm of renewable energy. In this article, Read more…
Solar projects, with their potential to combat climate change and promote sustainable energy solutions, have gained traction across the globe. Particularly in India, with its abundant sunlight and increasing energy demands, solar projects play a pivotal role in shaping the Read more…
The shift towards renewable energy is gaining momentum in India, with solar energy at the forefront of this transformation. The initiation and execution of solar energy projects, however, need substantial financial backing. This is where solar project financing becomes crucial Read more…
Debt sculpting is a pivotal process in project finance, particularly when navigating solar projects with variable cash flows. When an entity seeks to establish a solar farm or embark on a major renewable energy endeavor, crafting a repayment strategy that Read more…
In a world that’s increasingly pivoting towards renewable energy, the role of Energy Storage Systems (ESS) cannot be understated. And while the progress in this sector is promising, navigating the regulatory and policy nuances is pivotal for sustainable growth. The Read more…
The emphasis on ESS isn’t mere talk; it’s backed by structured objectives: Achieve 24×7 dispatchable RE power ensuring continuous energy supply.Minimize greenhouse gas emissions while optimizing overall energy costs by promoting ESS.Support the ESS development via policy reforms, financial aids, Read more…
Firstgreen Renewable Energy Updates