New Delhi, March 23 (Ians) Researchers at Uc Santa Barbara have just released a study that demonstrates why India should double down on renewables.The study examines electricity and carbon mitigation costs associated with achieving aggressive renewable energy targets in India's electricity grid in 2...
India is poised to lead the transition towards a sustainable future with its abundance of renewable resources and a growing interest in e-mobility. Leveraging these resources, South India can play an important role in reducing carbon footprint, drive economic growth, and enhance energy security, ...
Modi’s 2030 plans, which target 500 gigawatts (GW) of renewable electricity by the end of the decade, will require the country to triple its current installed capacity of renewable tech, with solar power playing a major role in the country’s future electricity grid. ...
announced a net-zero by 2070 target. Funding for Indian renewable projects has come from a diverse set of sources. Debt providers assess several factors, such as offtake counterparty and the track record of the borrower. Refinancing has become more common. Patient capital providers such as pensio...
The combination of a renewable subsidy, coal excise tax and a carbon price is proposed to alleviate the fiscal strain associated with funding renewable power subsidies. While current policies may help India achieve its emission targets by 2030, there will be a rebound of ...
“RTC projects are important for India because power demand is accelerating very quickly,” says Kailash Vaswani, Head of Corporate Finance, ReNew Power. “Renewable energy is the cheapest form of new energy in the country. So, you can either meet demand with a conventional type of...
India aims to boost renewable energy capacity by the end of this decade to meet peak power demand, but cost challenges continue to hinder the government's target for non-fossil fuel-based capacity. India's peak power demand is forecast at 335GW in the April 2029-March 2030 fiscal year, wh...
In their latest report, the Indian government set a target of 450 gigawatts ofrenewable energycapacity by 2030. For comparison, the country's total energy generation capacity today is about 380 gigawatts, out of which 90 gigawatts are of renewable energy, not including large hydropower stations. ...
India has set itself a target of adding 175 GW renewable energy capacity by 2022, which Singh recently said that the government will ‘over-achieve’, instead adding 227 GW within the same timeline. Currently, renewables account for around 20% of the country’s total installed capacity. ...
As an emerging market with a large population, India’s transition to net zero carbon emissions presents challenges. Reaching its 2030 target, for instance, requires a large enough expansion to replace coal for electricity, as well as petroleum fuels used in transport with renewable power. Coal,...