Page 2 - Renewable Energy In India

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

Renewable energy in India: The good, the bad, and the action needed

See how much of your state's energy consumption is from renewables in today's analysis

Overseas green capital chasing renewable energy firms across India

According to experts, India offers the right kind of risk-return profile which is why his company likes to invest here

Plummeting RE tariffs edge out small players even as bigger ones expand biz

The sharp drop in renewable energy tariffs is encouraging smaller players to exit even as larger ones look to innovative financing methods to expand their portfolios

JSW Energy's hydro power arm to raise up to $750 million through bonds

The board also approved the appointment of Munesh Khanna as additional and independent director at JSW Energy

Betting on green

There has been a recent spurt of investor interest in India's renewables space, with the outlook for the sector, as well as for electricity demand growth, remaining strong

Dealing a blow: Green policy flip-flops spook foreign investment firms

Centre calls a meeting between states, PEs, funds

Offshore wind, jobs, hydrogen

BNEF is forecasting a surge in offshore wind installations this decade

India's aim of doubling renewable power by 2022 gets foreign backers' boost

For investments to rise more, though, the country may need to fix its ailing power distribution sector

Adani Green gets 600-MW wind-solar hybrid power project from SECI

Adani Green said its wholly-owned subsidiary Adani Renewable Energy Holding Eight Ltd has been awarded a 600-megawatt wind-solar hybrid power project

Renewable sector in India attracts $10-20 bn of investment: IEEFA

Policy-related headwinds and a collapse in electricity demand due to the Covid-19 crisis have disrupted India's renewable energy capacity tendering and commissioning process

GAIL eyess at petrochem, renewables to supplement core

Will bid for new pipelines put on offer by regulator and continue to grow gas transmission biz by laying key sections of National Grid; 7,500-km lines, mostly to eastern parts are currently being laid

Energy companies go green, change tack from coal to renewables

Covid has brought to fore the need for sustainable development. A two-part series examines the shift in energy sector

India to have 60% renewable energy by 2030: Power minister R K Singh

In September last year at the United Nations Climate Action Summit, Prime Minister Narendra Modi had announced increasing the renewable energy target to 450 GW by 2030 from 175 GW by 2022