In Short : The Ministry of New and Renewable Energy (MNRE) is formulating a framework to attract long-term ‘patient capital’ to strengthen financing for renewable energy projects. This initiative aims to reduce funding risks, encourage private investments, and ensure steady growth in solar, wind, and green hydrogen sectors, supporting India’s transition toward sustainable and net-zero […]
In Short : The Automotive Research Association of India (ARAI) has expanded its digital twin lab network to advance electric vehicle (EV) innovation nationwide. These state-of-the-art labs will enable virtual design, simulation, and testing of EV systems, improving efficiency, safety, and performance. The initiative aims to accelerate e-mobility research, reduce development costs, and strengthen India’s […]
In Short : Union Minister Shripad Yesso Naik has urged domestic and global companies to invest in India’s green hydrogen sector, calling it a historic opportunity for energy transformation and job creation. Highlighting the ₹19,744 crore National Green Hydrogen Mission, he emphasized the importance of innovation, infrastructure, skill development, and international collaboration to position India […]
In Short : India’s EV charging demand is projected to hit 38 TWh by 2032, driven by over 28 million EVs on the road. To meet this, 47 GW of battery storage and 26 GW of pumped hydro will be needed. Energy storage and vehicle-to-grid technologies will be key to managing grid stability and integrating […]