According to the 14th National Electricity Plan (NEP), India intends to considerably enhance its renewable energy capacity, with the objective of more than tripling it by 2030.
Solar power has become a major force in India's renewable energy sector, accounting for 46.34% of total renewable energy generated by September 2023.
Brazil has officially joined an international accord aiming at tripling the usage of renewable energy worldwide by 2030 and lowering reliance on coal, the country's Foreign Ministry stated on Friday.
Rajasthan's quick transformation into a major renewable energy powerhouse under Chief Minister Ashok Gehlot's leadership has inspired both excitement and resentment.
In today's dynamic world, the boom in clean energy investment has generated a wealth of opportunities for astute investors. Taking advantage of current trends such as recovering supply chains and the Inflation Reduction Act (IRA) necessitates a planned strategy.
At the G20 Virtual Leaders' Summit, Indian Prime Minister Narendra Modi highlighted India's critical role in the global green energy transition.
The Indian Renewable Energy Development Agency (IREDA) has successfully raised Rs 643.26 crore from 58 anchor investors just days before its initial public offering (IPO) on November 21.
Tata Power Renewable Energy (TPREL) stated that it has surpassed the 1.4-gigatonne (GW) milestone in group captive projects over the last seven months. TPREL's dedication to sustainable practices is seen in the execution of Power Delivery Agreements (PDA) with varied industries.
China's Trina Solar is thinking about getting into the Green Hydrogen electrolyzer business in India. Meanwhile, Bharat Petroleum is aggressively exploring partnerships for offshore wind projects in Japan, as well as investing in hydrogen technology startups.
India is making incredible progress on its green energy journey, leapfrogging its Paris Agreement targets by nine years. The country is determined to generate 40% of its power from non-fossil fuel sources by 2030.