Coal’s share (including lignite) in India’s total installed power capacity dropped below 50% in the first quarter of 2024. This is well ahead of the Government’s target to establish 50% cumulative power generation capacity from non-fossil fuel-based sources by 2030.
Economic cooperation between India and Australia may open doors for investment in clean energy technology but challenges still abound in a competitive global market. Vibhuti Garg and Shantanu Srivastava, of the Institute for Energy Economics and Financial Analysis, discuss the role that public funding and resource pooling could play in supporting manufacturing ambitions.
A new report says that while the national-level transition towards clean electricity is progressing well in India, it is far more uneven at the state level. It highlights the need for states to strengthen regulatory frameworks and develop transition plans.
While the Strategic Interventions for Green Hydrogen Transition (SIGHT) programme is a vital first step, it can be finetuned to generate interest among start-ups and global players.
Bringing together private and public capital in a risk-adjusted return structure, is key to scaling up financing for renewable energy assets such as solar mini-grids, says a new report.
A new report by IEEFA and JMK Research says energy storage systems are poised to attract the highest investment of all emerging renewable energy sectors this decade, concurrent with the increasing penetration of renewable energy in the nation’s electricity grid.
Indian solar module manufacturers will have significant opportunities until July 2024 to sell their products in the USA market. However, their exports to the USA may start stagnating from 2025 and declining from 2027 onwards as the USA develops domestic capacities under its Inflation Reduction Act (IRA), according to a new report by IEEFA and JMK Research.
The steel industry in India will replace around 25-30% of its grey hydrogen requirements with green hydrogen in the early part of the 2030-50 period. This will increase to 80% by 2050, says a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics.
Despite major roadblocks, rooftop solar capacity additions in the country are growing fast, with nearly 2 GW already added in the four months ending July 31, 2023.
Various industry interests are at play behind clean energy drive
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