Solar Policy

Delays, Falling Prices, and Undue Advantages in Solar + BESS Projects: A Regulatory Perspective

India’s renewable energy sector continues to experience transformative growth, propelled by advancements in technology and supportive government policies. However, the sector’s rapid evolution has exposed vulnerabilities in its regulatory and procurement framework, particularly in the context of declining prices for solar energy and battery energy storage systems (BESS). The Central Read more…

By firstgreen, ago

Understanding Per Capita Electricity Consumption: Bridging the Gap Between Developed and Developing Countries

Electricity consumption is a vital measure of a nation’s economic growth, industrial development, and quality of life. However, there exists a significant disparity between developed and developing countries in terms of per capita electricity usage. While developed nations like the United States and Australia exhibit high per capita consumption due Read more…

By firstgreen, ago

Crisis in the Global Solar Market: Oversupply, Plummeting Prices, and Recent Bankruptcies

The global photovoltaic (PV) market is currently grappling with a severe crisis characterized by oversupply, plummeting prices, and widespread financial losses, contrasting sharply with its previous status as a beacon of renewable energy. According to BloombergNEF’s 3Q 2024 Global PV Market Outlook, despite an anticipated 33% increase in installations reaching Read more…

By firstgreen, ago

The Role of Regulatory Challenges in the Bankruptcy of Solar Energy Companies: Lessons from Global and Indian Failures

The solar energy industry, celebrated for its promise of delivering a sustainable future, has experienced impressive growth over the past few decades. However, this growth has been coupled with numerous challenges, particularly in the regulatory domain. Regulatory issues have played a significant role in the financial downfall of several solar Read more…

By firstgreen, ago

Climate Change and Conflict: A Deeper Look at the Ukraine-Russia Crisis

As climate change continues to exacerbate global challenges, its relationship with conflict is becoming more evident. In particular, the ongoing Ukraine-Russia conflict provides a telling illustration of the complex interplay between climate change and political instability. Understanding Climate-Conflict Connections Climate change, in itself, does not directly trigger conflict. However, it Read more…

By firstgreen, ago