In Short : “In FY24, India achieves a milestone with the addition of a record-breaking 18,485 MW of renewable energy capacity, marking significant progress towards sustainable energy goals and reinforcing the nation’s commitment to clean energy expansion.” In Detail : New Delhi : India’s renewable energy sector had a stellar year in FY […]
Renewable Energy capacity addition pick up pace, may cross 8GW in Q4 – EQ
In Short : The addition of renewable energy capacity is gaining momentum, poised to surpass 8 gigawatts in the fourth quarter. This acceleration underscores the growing commitment to expanding sustainable energy infrastructure and achieving substantial renewable energy goals. In Detail : India is expected to add 8-10 GW of renewable energy capacity in the last […]
India on path to triple renewable energy capacity by 2030 but faces financing hurdle: Report – EQ
In Short : According to a recent report, India is on track to triple its renewable energy capacity by 2030. The country has set a goal of achieving 450 gigawatts (GW) of renewable energy by that year, which includes 280 GW of solar power, 140 GW of wind power, and 30 GW of biomass and […]
India Targets 50 GW Renewable Energy Capacity By Next Year: MNRE Secretary – EQ
In Short : India’s Ministry of New and Renewable Energy (MNRE) aims to achieve a renewable energy capacity of 50 gigawatts (GW) by the next year, according to the MNRE Secretary. This ambitious target underscores India’s commitment to rapidly scaling up its renewable energy sector, reducing carbon emissions, and meeting its sustainable energy goals. By […]
India’s ambitious target of achieving 500 gigawatts (GW) of renewable energy capacity before 2030 – EQ
India is on track to reach its ambitious target of 500 GW in renewable energy capacity before 2030. This achievement demonstrates India’s commitment to green energy and its rapid transition toward a more sustainable and eco-friendly energy landscape. By surpassing this goal ahead of schedule, India will make a significant contribution to combating climate change […]
Juniper Green Energy crosses 1.2GW of renewable energy capacity – EQ Mag
Renewable energy producer Juniper Green Energy on Tuesday said it has crossed 1.2GW of renewable energy generating capacity Juniper Green Energy crossed 1.2 GW of renewable energy capacity with the recent PPAs/LOAs (power purchase agreements and letter of award) secured in the last few months, a company statement said. The company, an independent renewable energy […]
Renewable energy capacity additions to hit record: IEA – EQ Mag
Solar additions will account for two-thirds of this year’s growth Renewable power capacity will grow by a record number this year as high fossil fuel prices and energy security concerns fuelled the deployment of solar and wind systems, the International Energy Agency said Thursday. Global additions of renewable energy capacity are expected to rise by […]
India’s Renewable Energy Capacity Addition Expected To Increase 20 GW In FY24: ICRA – EQ Mag
India’s green energy capacity growth is expected to boost to 20 gigawatt (GW) in the financial year 2023-24 (FY24) from 15 GW in FY23, ratings agency ICRA said in its latest press release. It added that a scale-up in tendering activity and cost reflective tariffs will be key to achieving the renewable capacity target. “ICRA […]
India’s renewable energy capacity addition expected to improve to 20 GW in FY24: ICRA – EQ Mag
India’s green energy capacity growth is expected to boost to 20 gigawatt (GW) in the financial year 2023-24 (FY24) from 15 GW in FY23, ratings agency ICRA said in its latest press release. It added that a scale-up in tendering activity and cost reflective tariffs will be key to achieving the renewable capacity target. “ICRA […]
ONGC to invest Rs 1 lakh crore to expand renewable energy capacity – EQ Mag
India’s ONGC plans to invest Rs 1 lakh crore to scale up its renewable energy capacity to 10 gigawatts (GW) by 2030. ONGC had renewable energy capacity of 189 megawatts in 2022-23. ONGC’s ambitious plan is in line with India’s target to reduce carbon dioxide emissions to net zero by 2070. “The country’s energy demand […]
