With a view to strengthen India’s international collaborations in the fields of renewable energy and sustainable development, Union Minister of New and Renewable Energy Pralhad Joshi will embark on a three-day tour to Germany on Sunday.
The share of renewable energy, including hydro, in the country’s power generation is projected to rise to 35 per cent by FY30, up from 21 per cent in FY24, a report showed on Friday.
Speaking at the inaugural ceremony of 4th RE-Invest Summit hosted by MNRE and CII, the minister said that India’s renewable energy capacity addition has grown by 175 per cent and renewable energy generation has grown by 86 per cent since 2014.
The country aims to achieve net-zero carbon emissions by 2070, focusing on renewable energy expansion, and plans to reach 500 GW of non-fossil fuel energy capacity by 2030.
The Centre of Excellence in Renewable Energy of University of Engineering & Management, Kolkata, is delighted to announce that an invited talk on ‘energy and sustainability’ was held at campus on Friday.
The Ministry of New & Renewable Energy announced on Tuesday that the deadline for submission of R&D proposals under the National Green Hydrogen Mission has been extended to 27th April 2024.
The amendments also provide for check meters to be installed by distribution companies in case of consumer complaints, to verify electricity consumption, he said.
Most brokerages anticipate a focus on fiscal consolidation and priorities regarding capital and non-capital expenditure.
The MoU aims at setting the stage for collaborative efforts in co-lending and loan syndication for a diverse spectrum of Renewable Energy projects across the nation.
Prof Chetan Singh Solanki of IIT-Mumbai said: "We do not need big projects of solar energy but we need to make villages and towns self-sustainable in energy with solar initiatives, which are currently lagging."
