Page 3 - Renewable Energy In India

India-G7 JETP stuck over coal, Centre's insistence on own transition plan

RE, tech transfer & green jobs on India's agenda, Germany & the US to co-lead the negotiations

TN eyes key role in offshore wind energy, may mop up $30 bn investments

According to govt estimates, 14 locations have been identified in the state, with potential to generate 25 Gw of wind energy

Must not promote restriction on energy supply: PM Modi at Bali meet

Modi holds talks with Biden, Sunak, Macron

For states, climate change and energy transition are Centre's concern

The focus of a majority remains on distributing free and subsidised coal-based power

Top Indian unicorn founders, venture capitalists back Green Startup Pledge

World's first climate pledge for startups is backed by India's leading VC funds and supported by entrepreneurs including Nithin Kamath, Deepinder Goyal and Bhavish Aggarwal

India can bring world together for better future, says PM Narendra Modi

Modi unveils logo, theme, website of India's upcoming G20 presidency

Spotlight on innovation in non-solar areas in emerging green energy sector

Businesses built on renewable infrastructure are gaining traction but banks are still figuring out ways to finance them

'India to have over 65% power gen capacity from non-fossil fuels by 2030'

India will have more than 65 per cent of its power generation capacity from non-fossil fuels by 2030, Power and New & Renewable Energy Minister RK Singh said on Monday. Addressing a CII conference on green energy, he explained that India is aiming for 65 per cent of power generation capacity from non-fossil fuels but the country will have more than that. India will have 90 GW of solar equipment manufacturing capacity by 2030, up from 20 GW at present, he added. He also informed that about 15-20 GW of solar equipment manufacturing capacity is under construction and India will have 40 GW of such facilities under Production-Linked Incentive Scheme-II (PLI-II). "We shall have 90GW plus solar manufacturing capacity by 2030 right from the polysilicon to modules. We already have 20GW (solar manufacturing capacity). we already know that 15-20 GW of solar manufacturing capacity is under construction. You will further have 40 GW of solar manufacturing capacity (addition), which is going to .

Greenko plans to raise up to $4.5 billion for renewable energy projects

Sources said Greenko Group had 7.5 gigawatt (Gw) of installed capacity across solar, wind and hydropower generation assets in 15 states in India

India working to transform its energy landscape: Minister Jitendra Singh

India is working to transform its energy landscape with a significant clean energy share, Science and Technology Minister Jitendra Singh has told the international community while asserting the country will achieve net zero emissions by 2070. By 2030, India has agreed to reach 500GW non-fossil energy capacity, shift 50 per cent of energy its requirements to renewable sources, lower overall anticipated carbon emissions by one billion tonnes and reduce carbon intensity of the economy by 45 per cent over the 2005 levels. "India is continually working towards transforming the energy landscape of the country with significant clean energy share," Singh said at the Global Clean Energy Acceleration Forum, the joint convening of the 7th Mission Innovation and 13th Clean Energy Ministerial, here. Highlighting the need to strengthen long-term private sector engagement, he said the transition to bioeconomy is based on projects under development and deployment with high investment and high-risk

Cabinet approves second tranche of solar PLI worth Rs 19,500 crore

The corpus was increased to Rs 19,500 crore under the Union Budget 2022-23 to accommodate the large number of bids

SJVN eyeing to develop 5,000 MW renewable energy projects in Punjab

After signing a pact for developing 10,000 MW solar projects and parks in Rajasthan, public sector SJVN is now eyeing to tap renewable energy in Punjab

India's self-reliance ambition in energy sector faces rising import hurdle

During the financial year 2021-22, India's petroleum imports was around 23.8 per cent of its gross imports and the country was dependent on imports for 86 per cent of its crude oil requirement

Bengal plans to take renewable energy generation from 5% to 20% by 2030

West Bengal is aiming to take its renewable energy generation to 20 per cent of the total installed capacity by 2030, a senior official said on Friday. At present, the renewable energy share of the total installed capacity is 5 per cent, she said. "We have set the target of generating energy from renewable sources at 20 per cent by 2030," said Nandini Chakravorty, the principal secretary of the Non-conventional and Renewable Energy Sources Department. Speaking at a conclave organised by the Indian Chamber of Commerce (ICC), she said rooftop solar panels have been installed in 1,954 schools of the state and work was underway to add another 1,890 schools to the list. "These initiatives will not only help us reduce carbon emission and achieve net zero sooner than the target, but also is a progress toward sustainable development. We intend to focus on the textile, horticulture and agricultural sectors for increased usage of renewable sources," Chakravorty said. State Power Secretary S

Record $14.5 bn investment in Indian renewable energy sector, says IEEFA

Investment in renewable energy in India reached a record $14.5 billion in the last fiscal (2021-22), an increase of 125 per cent compared to FY2122,a report said

Renewable energy comes to rescue amid rising power demand: Official

The maximum pan-India power demand met or the highest supply of electricity in a day crossed the record level of 201-GW mark on Tuesday

Centre to set up renewable energy power plant in Andaman & Nicobar Islands

With an aim to provide stable and clean power supply to the Andaman & Nicobar Islands, the Ministry of Home Affairs will set up a renewable energy-based power supply project with Japanese aid.

Solar manufacturing industry providing 30,000 jobs annually: Govt tells RS

Under solar manufacturing, module and capacity as of date is 11,500 MW, Minister of State for New and Renewable Energy Bhagwanth Khuba said

Free wheeling of power under National Hydrogen Policy: Raj Kumar Singh

The government on Thursday unveiled the first part of the much-awaited National Hydrogen Policy, allowing free wheeling of renewable energy used for producing green hydrogen

India needs to judiciously use land for renewable energy expansion targets

Whether or not India commits to net-zero emission by 2050, its huge renewable energy (RE) capacity expansion over next few decades will require large quantum of land