To achieve the targeted climate goals, various players including the government, financial institutions, etc. have been prioritizing clean energy sector and increasing investments in it. However, the current investment levels are insufficient to meet the targeted goals and need to be tripled to achieve the netzero targets. Moreover, policy and regulatory support are required to […]
Gujarat State fostering Renewable Energy Penetration by implementing favorable policies – Mr. Vineet Mittal, Director & Co-Founder, Navitas Solar – EQ
To achieve nation’s target of becoming net zero by 2070 and to install 500 GW of Renewable Energy by 2030, State governments are also active to encourage renewable energy’s penetration in their respective states. In the August 2023 Gujarat State Renewable Energy Policy- 2023 was declared for further encouraging setting up of renewable generation projects […]
Policies Evolution in India to promote renewable Energy – Mr. Vineet Mittal, Director & Co-Founder, Navitas Solar – EQ Mag
There are numerous acts and policies concerning solar energy in the country which vaguely state rules and plans for better utilization, transmission, and generation of solar energy. Electricity Act, 2003 Electricity Act, 2003 governs solar energy legislation in the country. The act mentions provisions for preferential tariffs and quotas for opting for renewable energy. Mandatory […]
SOLAR INDUSTRY WELCOMES DUAL INITIATIVES OF INDIAN GOVERNMENT – EQ Mag Pro
Mr. Vineet Mittal, Cofounder & Director, Navitas Solar India has committed to achieve 40% of its installed electricity capacity from renewable energy by 2030 as a part of Paris Climate Agreement. To achieve this goal, 175 GW of non-fossil fuel energy will be installed by 2022 incorporating 100 GW of solar energy. Write now, India’s […]