Power generation from RE sources in India fell to 8.3% in FY21

12 Jul 2021 CW Team

India generated 151.2 TWh of renewable power last year, marked by the effect of the Covid pandemic on global energy demand compared to the 139.2 TWh generated in the preceding year (2019).

For comparison, China's renewable energy generation grew 16% to 863 TWh in 2020, compared to the average growth rate of 31.3% reported in the 2009-2019 period.

The 70th annual edition of the review, among the most sought after yearly reports in the energy sector globally, captures the dramatic effect the global pandemic had on energy markets and how the year may assist shape future global energy trends.

The report said that both primary energy consumption and carbon emissions from energy use dropped at their fastest rate seen after the Second World War, while renewable energy continued its trajectory of strong growth, with solar and wind power recording their largest-ever yearly growth.

Last year, global primary energy consumption dipped 4.5%, the largest annual drop since 1945. This decline was caused primarily by oil, which accounted for about three-quarters of the net decline. Natural gas costs dropped to multi-year lows, but the share of gas in primary energy obtained a record high of 24.7%.

The report said that solar, hydroelectricity and wind generation all increased despite the decline in overall energy demand. Wind and solar capacity grew by a colossal 238 GW in 2020, 50% larger than at any time in history.

By country, the US, Russia and India saw the largest reductions in energy consumption while China witnessed the highest growth (2.1%), one of only a handful of countries where energy demand increased last year. Additionally, carbon emissions from energy use dropped by over 6% in 2020, the largest drop since 1945.

Image Source

Also read: Prince Charles lauds India's solar power efforts

Also read: India’s open access solar installations in Q1 2021 at 419 MW

As per the BP Statistical Review of World Energy, the growth rate of power generation from renewable energy sources in India fell to 8.3% in 2020 compared to the average growth rate of 17.4% between 2009 and 2019. India generated 151.2 TWh of renewable power last year, marked by the effect of the Covid pandemic on global energy demand compared to the 139.2 TWh generated in the preceding year (2019). For comparison, China's renewable energy generation grew 16% to 863 TWh in 2020, compared to the average growth rate of 31.3% reported in the 2009-2019 period. The 70th annual edition of the review, among the most sought after yearly reports in the energy sector globally, captures the dramatic effect the global pandemic had on energy markets and how the year may assist shape future global energy trends. The report said that both primary energy consumption and carbon emissions from energy use dropped at their fastest rate seen after the Second World War, while renewable energy continued its trajectory of strong growth, with solar and wind power recording their largest-ever yearly growth. Last year, global primary energy consumption dipped 4.5%, the largest annual drop since 1945. This decline was caused primarily by oil, which accounted for about three-quarters of the net decline. Natural gas costs dropped to multi-year lows, but the share of gas in primary energy obtained a record high of 24.7%. The report said that solar, hydroelectricity and wind generation all increased despite the decline in overall energy demand. Wind and solar capacity grew by a colossal 238 GW in 2020, 50% larger than at any time in history. By country, the US, Russia and India saw the largest reductions in energy consumption while China witnessed the highest growth (2.1%), one of only a handful of countries where energy demand increased last year. Additionally, carbon emissions from energy use dropped by over 6% in 2020, the largest drop since 1945. Image Source Also read: Prince Charles lauds India's solar power efforts Also read: India’s open access solar installations in Q1 2021 at 419 MW

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..