In Short : According to GTRI, achieving India’s 2030 solar targets could increase the annual import bill for solar equipment to approximately $30 billion. This surge is attributed to the growing demand for solar energy infrastructure needed to meet ambitious renewable energy goals. The reliance on imports highlights the need for strengthening domestic manufacturing capabilities […]
In Short : India is leading a green revolution by rapidly adopting renewable energy sources like solar, wind, and hydropower. Aiming for 500 GW of renewable energy by 2030, the country is reducing its carbon footprint and ensuring energy security. Government initiatives and private sector investments are driving this transition, creating jobs, boosting the economy, […]
In Short : India has reached a significant milestone by achieving 200 GW of power capacity from non-fossil fuel sources, marking a major step in its clean energy transition. This achievement highlights the country’s commitment to reducing its dependence on fossil fuels and combating climate change. The 200 GW milestone includes energy generated from solar, […]
In Short : At the 4th Global Renewable Energy Investor’s Meet and Expo (RE-INVEST), Union Minister Pralhad Joshi announced investment commitments worth ₹32.45 lakh crore. This substantial financial pledge is aimed at supporting India’s ambitious renewable energy goals, including the target of achieving 500 GW of renewable energy capacity by 2030. The investments will fuel […]
In Short : India and Germany have launched a joint platform to drive global investments in renewable energy projects. Announced during the RE-Invest 2024 event, this initiative is part of India’s efforts to achieve 500 GW of renewable energy capacity by 2030. The platform aims to attract international investors and enhance collaboration with countries like […]
In Short : Prime Minister Narendra Modi inaugurated the 4th Global Renewable Energy Investor’s Meet (RE-INVEST) 2024 in Gandhinagar, Gujarat. This event, organized by the Ministry of New and Renewable Energy, aims to bolster India’s renewable energy capacity, focusing on the country’s “Mission 500 GW” goal by 2030. Key figures from government and industry attended, […]
In Short : Renewable energy is driving India’s economic growth by creating jobs, enhancing energy security, and reducing carbon emissions. With a target of 500 GW non-fossil fuel capacity by 2030, the sector is attracting significant investments, boosting innovation, and promoting sustainable development. This transition supports long-term economic goals while positioning India as a global […]
In Short : Prime Minister Narendra Modi visited the Indian Renewable Energy Development Agency (IREDA) pavilion during the 4th Global Renewable Energy Investors Meet & Expo (RE-INVEST) in Gandhinagar, Gujarat. He was briefed on IREDA’s contributions to India’s renewable energy growth, including its efforts to meet the national goal of 500 GW non-fossil fuel capacity […]
In Short : Prime Minister Narendra Modi will inaugurate the 4th Global Renewable Energy Investors Meet & Expo (RE-INVEST 2024) on September 16, 2024, at Mahatma Mandir in Gandhinagar, Gujarat. The event, organized by the Ministry of New and Renewable Energy, will highlight India’s renewable energy progress and goals, including achieving 500 GW of non-fossil […]
In Short : India requires an investment of ₹30 lakh crore to achieve its target of 500 GW of renewable energy capacity by 2030, according to a statement by a Union Minister. This ambitious goal is part of India’s commitment to transitioning to clean energy, reducing carbon emissions, and meeting global climate commitments, while attracting […]