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    Array Technologies increased revenue 35% to US$872.7 million in 2020

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    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

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    GE Renewable Energy connects the world’s most powerful hydro unit to the grid in Wudongde, China

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    Intersolar, EES and Power2drive NA Acquired by Diversified Communications

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    WindEurope Annual Event 2022 in Bilbao – Registrations Open, Conference Programme Available

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    RWE chooses Chantiers de l’Atlantique as key supplier for its F.E.W Baltic II wind farm – design, construction and installation of the electrical offshore substation

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    EGAT deploys Siemens software solutions for the world’s largest Hydro-Floating Solar Hybrid Project

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    GE’s digital power transformers selected for multiple projects across the globe

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    Imports of Coal For The Power Industry Goes Down By 40%

    Imports of Coal For The Power Industry Goes Down By 40%

    US DoE announces $65m in new nuclear technology funding

    Ukraine signs deal with Westinghouse to end Russian nuclear fuel needs

    Enel plans to expand power distribution business into US

    6 Million UK Homes May Lose Power Following Energy Shortage

    A New 500-MW Supercritical Coal-Fired Power Plant Going into Operationa in Philippines

    EU Reduces Plans of Fossil-Fueled Electricity By One-Third

    India offers support to Maldives efforts to develop green energy

    Pandemic And Ukraine War Hasten Europe Towards Green Energy

    bp to invest up to £18 billion in UK energy system by 2030

    Giant offshore wind energy projects to be built in Irelands seas

    Kier to deliver onshore converter station for offshore wind project in the north east

    Statkraft seeks planning nod for 49.9-MW Scottish wind farm

    VSB Group Expands in France with Acquisition of 143.5 MW Wind Power Portfolio

    Norway to invest in renewable projects in developing countries

    Italian Solar Farms, Matrix in Strategic Partnership with Energia Aljaval

  • Market Moves
    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    GE Renewable Energy connects the world's most powerful hydro unit to the grid in Wudongde, China

    GE Renewable Energy connects the world’s most powerful hydro unit to the grid in Wudongde, China

    Ferroglobe Hydro power

    Ferroglobe completes sale of Spanish hydro facilities to TPG Sixth Street Partners

    Intersolar, EES and Power2drive NA Acquired by Diversified Communications

    Intersolar, EES and Power2drive NA Acquired by Diversified Communications

    Summit Energy Services Announces Merger with Schneider Energy Consulting

    SeaMade secures €250m European loan for Belgian offshore wind farms

    SeaMade secures €250m European loan for Belgian offshore wind farms

    Xcel Energy agrees to buy Mankato Energy Center for $650m

    UK renewable energy overtakes fossil fuels, despite Brexit fears

  • Press Statements
    Intersolar Europe 2022: Solar Energy in Germany Takes Center Stage

    Intersolar Europe 2022: Solar Energy in Germany Takes Center Stage

    Protermosolar adds value to the Spanish concentrated solar power industry in China

    SPI Energy Develops Utility Scale Solar Project in Maryland

    Lightsource BP pioneers UK's first night-time solar service

    Altus Power and Heliene Establish Strategic Partnership to Support U.S. Solar Module Manufacturing

    EDP signs a Build & Transfer Agreement for a 200 MWac solar project in the U.S.

    I&M is Powering the Next Tomorrow with Plans to Add More than 2,000 MW of Solar

    WindEurope Annual Event 2022 in Bilbao - Registrations Open, Conference Programme Available

    WindEurope Annual Event 2022 in Bilbao – Registrations Open, Conference Programme Available

    RWE chooses Chantiers de l'Atlantique as key supplier for its F.E.W Baltic II wind farm - design, construction and installation of the electrical offshore substation

    RWE chooses Chantiers de l’Atlantique as key supplier for its F.E.W Baltic II wind farm – design, construction and installation of the electrical offshore substation

    EGAT deploys Siemens software solutions for the worlds largest Hydro-Floating Solar Hybrid Project

    EGAT deploys Siemens software solutions for the world’s largest Hydro-Floating Solar Hybrid Project

    Protermosolar adds value to the Spanish concentrated solar power industry in China

    Abengoa completes construction of three solar fields at the world’s largest concentrated solar power complex in Dubai

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    GE’s digital power transformers selected for multiple projects across the globe

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Imports of Coal For The Power Industry Goes Down By 40%

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Imports of Coal For The Power Industry Goes Down By 40%

India’s coal imports dropped to 209 million tonnes in 2021-22, down from 248 million tonnes in 2019-20. The country has a well-balanced energy portfolio, and coal plays an essential role in meeting the country’s energy needs. The industry is dedicated not only to meeting the country’s coal consumption but also to preserving the environment. Coal is an important part of the industries that make electricity, fertilizer, steel and iron, and cement.

Coal imports, which peaked at 248 million tonnes (MT) in 2019-20, fell steadily over the next two years, falling to 215 MT in 2020-21 and 209 MT in 2021-22. Despite a sharp increase in overall coal demand from 956 MT in 2019-20 to 1027 MT in 2021-22, imports of coal have remained stable. Between 2009-10 and 2013-14, coal imports increased at a compound annual growth rate (CAGR) of 22.86%. At this CAGR, coal imports would also have reached 705 MT in 2020-21 and 866 MT in 2021-22. Only by maintaining a growing domestic supply over time could coal imports be limited.

The total amount of coal produced in India has increased by 61 MT, from 716 MT in 2020-21 to 777 MT in 2021-22. As a result, despite a sharp increase in actual coal demand from 906 MT in 2020-21 to 1027 MT in 2021-22, coal importation could be limited due to higher domestic dispatch, which grew from 691 MT in 2020-21 to 818 MT in 2021-22.

Domestic dispatch grew by 101 MT in 2020-21 to 104 MT in 2021-22, not just in the power industry but also in the non-power sector. The fall in coal imports in 2021-22 is mostly attributable to a decrease in imports by the power sector, which fell by nearly 40% from 45 MT in 2020-21 to 27 MT in 2021-22. When one compares coal imports by the power industry in 2021-22 to the pre-covid year of 2019-20, when such imports were 69 MT, the reduction is much more pronounced.

Despite the fact that total thermal power generation climbed to 1115 BU in 2021-22 from 1032 BU in 2020-21, a jump of 83 BU in absolute terms and over 8% in percentage terms. Coking coal imports increased by 11.65% from 2021 to 2022, reaching 57 MT. The steel industry mostly uses coking coal. However, compared to the pre-covid year of 2019-20, coking coal imports have increased by roughly 10%. Coal imports by the non-regulated sector (cement, sponge iron, and paper, for example) climbed by 5.23% to 125 MT in 2021-22 from 119 MT in 2020-21.

Imports by the non-regulated sector have actually decreased in 2021-22, compared to the pre-covid year of 2019-22, when they were 127 MT. Thus, the increase in coal imports by the non-power sector from 2021 to 2022 is largely due to an increase in coking coal imports and coal imports by the unregulated sector, which primarily imports high-grade thermal coal. Both of these types of coal are in short supply in the country.

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