India will need additional investment of around USD 300 billion to complete the 500-gigawatt renewable energy capacity target by 2030, according to a report. With 165 gigawatts (GW) generation capacity already in place, the country is on the right trajectory to meet its goal of having 50 per cent of energy needs through the renewable […]
India has committed a target of installed capacity of 500 GW of generation from non-fossil fuel-based generation sources by 2030 as stated by Hon’ble PM in Glasgow COP 26 Summit.This would mean an additional 230 GW of new solar energy installations by the year 2030. The same translates into an effective target of 28-30 GW […]
At the event, the minister laid emphasis on the initiatives being taken by the Ministry of New and Renewable Energy for achieving the ambitious target of 500 GW by 2030 and the various product linked incentive schemes it was going to roll out. Concerted efforts from all sectors and states are vital for India to […]
US and China will lead growth while regulatory barriers fail to improve project economics in EU, says WoodMac Cumulative energy storage deployments worldwide are expected to reach 500GW by 2031, according to Wood Mackenzie’s Global Energy Storage Outlook. Europe demand lags behind the US and China, as the region’s grid-scale market struggles to stabilise, with […]
He also urged farmers to utilize the benefits being offered by MNRE and state government. In this scheme farmers will be given 30 per cent subsidy each by centre and state to install solar pumps. Rooftop solar will play a major role in achieving the target of 500 GW of non-fossil by 2030, Union Minister of […]
India takes one more step to reduce carbon emission and reduce the cost of power to consumers Ministry of Power allows bundling of renewable to replace thermal power under existing PPAs Under the guidance of Union Minister of Power and New & Renewable Energy, the Ministry of Power and New & Renewable Energy have issued […]