Page 2 - Renewable Energy Policy

India Energy Week: PM Modi seeks more investments in oil & gas, refineries

Launches E20 fuel (petrol blended with 20% ethanol) two years before target

India to focus on green initiatives to project soft power at G20: Expert

India, the world's third-largest producer of renewable energies, will look to project its soft power through its green initiatives during G20 Presidency, writes Olivier Guillard for French publication

Renewable energy sector to boom as investments may cross $25 bn in 2023

With an oil price shock threatening to derail economies globally, the focus has shifted to renewable energy with over USD 25 billion or Rs 2 lakh crore investment planned in India for using sunlight, water and air to produce energy. Oil and gas prices shooting through the roof in 2022 in the aftermath of Russia's war in Ukraine sent governments in import-dependent nations like India scrambling for options. Not just imports but a shift to renewables is also seen as a way to cut carbon footprint and meet net-zero targets. And so the government in 2022 aggressively pushed for the adoption of electric vehicles, the production of green hydrogen, manufacturing of solar equipment and energy storage in pursuit of its ambitious 500 GW renewable capacity target by 2030. India would have to add at least 25GW of renewable energy capacity per annum for eight years continuously to achieve the 500 GW target by 2030. At present, India has around 173GW of non-fossil fuel based clean energy capacity

Rs 2.44-trn plan for 500-Gw renewable energy transmission launched

Liberty to Renewable project developers to sell on Exchanges till Transmission comes up: Power Minister

Five changes that can help India reach its green energy goal faster

Experts say India will need systemic changes in policy and electricity infrastructure to quickly ramp up its renewable energy capacity

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

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

Government weighs cancelling reverse auction for renewable power offers

According to data from the ministry of power, India has installed wind and solar capacities of 41.205 GW and 59.303 GW, respectively

India committed to cut emissions intensity of GDP by 45%: Power Minister

Power Minister RK Singh said that India is committed to reduce the emissions intensity of its GDP by 45% by 2030 and achieve 50% cumulative electric power installed capacity from non-fossil sources

Green hydrogen: India Inc's next big thing even as policies take shape

Undeterred by the absence of policy or supply chain, conglomerates, and RE companies are investing heavily in this new fuel.

Major firms bet on Rajasthan's green power push, especially solar

Reliance Group leads the pack with plans to invest around Rs 1 trillion in solar power projects of 20,000 Mw in Jodhpur, Barmer, and Jalore, among other places

India among leaders in annual renewable energy investment: UN report

The report mentions WFP estimates of an increase of 47 million acutely hungry people in 2022 across 82 countries due to the lingering effects of Covid-19 and the continuing Russian-Ukraine war

Green investment jumped 125% to $14.5 billion in FY22: IEEFA report

Acquisitions, bond issues make up for 75% of total value

Centre announces Rs 1,000 cr scheme for power and RE equipment making zones

The proposed funding for the three zones is Rs 1,000 crore with a ceiling of Rs 4,000 crore

Work begins on world's largest renewable energy storage project in Andhra

The worlds largest Integrated Renewable Energy Storage Project is coming up in Andhra Pradesh's Kurnool district with an investment of over $3 billion.

Japan's Mitsui to invest in ReNew Power's renewable energy project

ReNew Power renewable energy project to provide 400 MW of electricity to state-owned electricity.

India's Green Hydrogen Policy to benefit RIL, Tata Power the most: Analysts

RIL has already spent $1.4 billion to acquire technologies across the solar battery and hydrogen ecosystems

LIVE: Ukraine's foreign minister says tank fire recorded in country's East

These shells came from the temporarily occupied territories of Ukraine, which are controlled by Russia, says Dmytro Kuleba

India, ASEAN can develop entire ecosystem for renewable energy: R K Singh

Union Power and New & Renewable Energy Minister R K Singh on Monday said India and ASEAN together can develop the entire ecosystem for renewable energy (RE) and explore the joint initiative for building RE manufacturing hubs in the region. At the ASEAN-India High-Level Conference on Renewable Energy, in his keynote address, Singh said India and ASEAN (Association of Southeast Asian Nations) can work together to develop an entire ecosystem for renewables that promotes knowledge sharing, capacity building and technical assistance; and also explore joint initiatives for the development of renewable energy manufacturing hubs in the region. The ASEAN-India High-Level Conference on Renewable Energy, being organised by the Ministry of New and Renewable Energy and the Ministry of External Affairs of Government of India on February 7-8, 2022, commenced on Monday. The High-Level Conference, over a period of two days, will focus on the theme: 'Experience and Innovations for Integrated ...

India's renewable power generation growth races ahead of thermal

But Omicron scare could derail electricity demand recovery