In Short : Prime Minister Narendra Modi highlighted that India’s renewable energy efforts have grown significantly, particularly solar power, where capacity has increased 32-fold in the past decade. This rapid growth will help India achieve its ambitious target of 500 GW of renewable energy by 2030. Modi emphasized the importance of speed, scale, and international […]
In Short : India is estimated to need around $500 billion to achieve its goal of installing 500 GW of renewable energy capacity by 2030. This funding will be required for the development of solar, wind, and other renewable energy projects, as well as for the necessary transmission and storage infrastructure. The investment will play […]
In Short : The Minister stated that India expects an investment of ₹30 lakh crore to achieve its 500 GW renewable energy goal. This substantial funding is crucial for advancing the country’s transition to sustainable energy and meeting its ambitious renewable targets. In Detail : An investment of up to Rs 30 lakh crore is […]
In Short : Shri Sudeep Jain (IAS), Additional Secretary of the Ministry of New and Renewable Energy, affirms India’s trajectory to exceed the 500GW renewable energy target by 2030. In Detail : We, as a nation, are on a remarkable path and we will definitely surpass it, said, Shri Sudeep Jain (IAS), Additional Secretary, Ministry […]
In an interview with PTI, Mathur, who has also been a member of the Indian Prime Minister’s Council on Climate Change, said global climate finance distribution remains skewed and that reforming multilateral development banks and facilitating renewable energy investments have been priority areas of India’s G20 presidency. India is poised not only to achieve its […]
The wind energy target of 100 GW by 2030, includes only land-based projects. It does not include off-shore wind projects. For solar energy, the government has set a target of an installed solar capacity of 292 GW The Centre has asked all states and union territories (UTs) to prepare a renewable energy (RE) plan, with […]
Bidding Trajectory for Renewable Energy, a big boost to achieve 500 GW capacity from non-fossil fuels by 2030 and a major step for energy transition, says Union Minister for Power & NRE Shri R. K. Singh Shri R. K. Singh asks industry to take advantage of the golden opportunity, saying that the bidding plan gives […]
New Delhi [India] : Indian Renewable Energy Development Agency Limited (IREDA) Chairman and Managing Director (CMD) Pradip Kumar Das said the Miniratna company stands fully committed towards achieving Prime Minister Narendra Modi’s ‘Panchamrita’ targets and would be an integral part in achieving the 500 GW of non-fossil fuel-based capacity by 2030. Speaking at a cyclothon […]
Ministry of Power chalks out comprehensive plan for evacuation of power from the planned renewable capacity by 2030 The plan envisages additional transmission system and installation of battery energy storage capacity MoP constitutes a high-level Committee to plan transmission system required for having 500 GW of non-fossil fuel based installed capacity by 2030 The Committee […]