Operations have begun with several owned and EPC projects already underway India : REnergy Dynamics (RED), a company dedicated to advancing the renewable sector with special focus on bioenergy and fostering sustainable energy solutions, proudly announced its official launch today. Co-Founded by Kushagra Nandan (Serial Clean Tech entrepreneur, Co-Founder & former MD – SunSource Energy) […]
In Short : India and the UAE are deepening their collaboration in the renewable energy sector, as per reports, signifying a growing partnership in advancing sustainable energy solutions and fostering mutual development goals. In Detail : UIBC report identifies initiatives like scaling up solar, wind power capabilities and innovative grid solutions As India and the […]
In Short : INOX GFL, the parent company of Inox Wind, anticipates registering profits in the coming quarters due to favorable market conditions. This outlook suggests positive prospects for Inox Wind, indicating potential growth and financial stability in the renewable energy sector. In Detail : Its parent INOXGFL Group’s Executive Director Devansh Jain said the […]
In Short : At COP28, the Chairman of the Indian Renewable Energy Development Agency (IREDA) emphasized the vital role of Micro, Small, and Medium Enterprises (MSMEs) in the renewable energy sector. This recognition underscores the importance of engaging and empowering MSMEs to contribute significantly to India’s renewable energy goals and sustainable development. In Detail : […]
In Short: The renewable energy sector in India has reached 25 GW of installed capacity, which accounts for only 26% of the target set for the financial year 2023-24. Despite significant growth, the sector faces challenges in achieving the desired targets due to various factors such as policy uncertainties, land acquisition issues, and financing constraints. […]
The Ministry is implementing various schemes and programmes which have provisions of incentives for Renewable Energy deployment. These include: Grid Connected Rooftop Solar PV Power Projects Central Public Sector Undertaking (CPSU) Scheme Phase-II (Government Producer Scheme) for grid-connected Solar Photovoltaic (PV) Power Projects by the Government Producers PLI Scheme ‘National Programme on High Efficiency Solar […]
The EIB had committed to investing one billion euros in India’s green hydrogen sector earlier in 2023. “EIB is working on important negotiations towards the first phase of its investments in renewable energy. We are going to invest not just in green hydrogen but in onshore windmills and solar panels sector,” CNBC-TV18 quoted EU Investment […]
Union Power and New & Renewable Energy Minister R K Singh has exhorted women to increase participation in the renewable energy sector and steer the country’s transition towards net zero emissions. Speaking at a conference on ‘Women in Renewable Energy: A Dialogue on Policy, Technology, Skilling, and Finance’ on Monday, Singh mentioned India’s key achievements […]
Ministry of New & Renewable Energy Organises “Women in Renewable Energy” Event Focusing on Enhancing Women’s Participation in the Sector On the occasion of World Environment Day on June 5, 2023, Ministry of New and Renewable Energy organised an event titled “Women in Renewable Energy: A Dialogue on Policy, Technology, Skilling, and Finance” in New […]
In 2022, India made tremendous advancements in the field of renewable energy. Over 170GW of installed renewable energy capacity and over 80GW of projects are currently being developed in the nation. India has to instal 25–30 GW in 2023 and succeeding years in order to reach its 500 GW goal by 2030. The industry anticipates […]