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. From being a hopeful alternative to fossil fuels, renewables, particularly Read more…
The global urgency to combat climate change has spotlighted the building sector, which contributes significantly to global emissions and waste. In this context, India’s Green Building movement emerges as a beacon of hope. The energy consumption patterns reveal that the residential and commercial sectors are significant consumers, with major portions Read more…
India, a global giant in energy consumption, is making laudable strides in addressing the pressing issue of energy transition. With a vision of a sustainable future, India commits to obtaining 50 percent of its energy from non-fossil fuel sources by 2030. Further strengthening its eco-footprint, the nation aspires to reduce Read more…
In the age of sustainability and environmentally conscious practices, transitioning to renewable energy sources has become imperative. Businesses and governments across the globe are actively seeking pathways to reduce their carbon footprints, aiming for a more sustainable future. At the heart of this monumental transition stands Firstgreen Consulting, an industry Read more…
As the world turns toward renewable energy solutions, the importance of efficient and sustainable energy storage cannot be overstated. Battery Energy Storage Systems (BESS) are at the forefront of this energy revolution. However, the high initial costs associated with BESS projects, mainly due to low volumes, present significant barriers to Read more…
As the world marches toward an era dominated by sustainable energy, the role of Energy Storage Systems (ESS) is coming to the forefront. The development and adoption of ESS technologies can revolutionize the way energy is consumed and stored. The Indian power sector, given its rapid growth and evolving demands, Read more…
As global demand for clean and efficient energy solutions rises, Battery Energy Storage Systems (BESS) play an increasingly pivotal role in meeting these needs. Governments worldwide recognize the importance of BESS, and the Indian government is taking vital steps to promote indigenous manufacturing and ensure quality and standards in this 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, and performance incentives.Incentivize ESS participation in energy markets, introducing new 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 Indian government’s latest guidelines provide a roadmap for both the Read more…
India’s renewable energy trajectory has been nothing short of meteoric. Projections now indicate that India’s green power capacity might cross an awe-inspiring 500 GW by 2030. To put this in context, India’s total installed capacity stood at about 375 GW in 2020, with renewable energy comprising roughly 87 GW. Such Read more…