India aims to become a hub for cutting-edge solar manufacturing
With a huge market and relevant manufacturing advantages, the country aspires to become a giga-scale manufacturing destination for the breakthrough PV technologies across the value chain.
India’s renewable energy capacity needs to grow at 16% CAGR to reach 450 GW by 2030
As of June 30, the country installed 90.5 GW of renewable energy capacity from solar (utility-scale and rooftop), wind and biomass resources.
India will add just 50 GW of solar in the next five years, according to company bosses
The expected return would leave the nation woefully short of its ambitious 175 GW clean energy target, which was laid down with a 2022 deadline. Chief executives who criticized aggressive clean power auctions said they would like to see more fossil fuel facilities thrown into the mix.
India’s renewable energy revolution serves as a model for the world
The country—aiming for a renewable power target of 450 GW by 2030—has emerged as the world’s largest and most competitive clean energy auction market.
Hybrid and RTC projects to boost India’s RE and energy storage market
The global hybrid energy market, including energy storage, is projected to touch $40 billion by 2025. It is an opportunity that India has capitalized upon, earlier than others.
Energy and Economy: Rewriting the Indian story for the World
India is running the world’s largest renewable energy expansion program with a mind-boggling target of 450 GW by 2030. Can the country with a growing energy demand do more than this? Can it do what developed countries should have done years ago?
Bringing back India’s solar sector to the front foot in 2021
The ‘175 GW by 2022’ renewable energy target seems unachievable, necessitating the benchmark be moved to ‘450 GW by 2030’ instead. But even that will require the sector to move back to the front foot from 2021.
Denmark and India sign MoU on green energy transition
The new Indo-Danish cooperation will prepare the Indian energy system for the integration of 450 GW renewable energy by 2030. It will focus on knowledge exchange in areas such as energy planning and scenario modelling, integration of high share of renewable energy, power system flexibility and electricity markets.
