IR is currently the world’s second largest railway network and is the single largest consumer of electricity in India, consuming about 18 TWh per year, or roughly 2% of the country’s total power generation. IR also consumes 2.6 billion liters of diesel annually, or 3.2% of the total diesel consumption of the transport sector in India.

Solar power is surging in Australia and around the world, on the back of scaled-up production and continually falling costs. The new report finds that the solar rollout will continue to go gangbusters this year, with more than 20 industrial-scale installations set to go ahead across the country, and another 3700 megawatts in the pipeline.

Energy storage deployments in emerging markets worldwide are expected to grow over 40% annually in the coming decade, adding approximately 80 GW of new storage capacity to the estimated 2 GW existing today.

With increased emphasis on reducing emissions from the power sector, grid-level energy storage can enable larger penetration of renewable energy into the grid. Grid-level energy storage is likely to dominate the conversation in the power industry in the coming years, just like renewable energy dominated the conversation in the past 2 decades.

Providing electricity to the unconnected 1.1 billion people in developing countries is one of the top political priorities of the international community, yet the costs of reaching this objective are very high.

Islands around the world face crucial energy challenges, including fuel import dependency, high electricity costs, environmental sensitivity and vulnerability to climate change.