India's Energised Future: Major Hits for Renewable Energy in Interim Budget 2024
11 months, 1 week ago

India's Energised Future: Major Hits for Renewable Energy in Interim Budget 2024

The Quint  

With its staggering population of 1.4 billion, India faces an immense energy demand to fuel its rapidly expanding economy. With almost 50 per cent of its electricity capacity derived from non-fossil fuel origins, India is moving towards a country where sustainable energy sources are becoming prominent. The renewable energy landscape in India is diverse, featuring significant contributions from solar, wind, hydro, biopower, and nuclear sources. Notably, India's journey towards renewable energy traces back to its early post-independence years, relying heavily on coal initially but gradually diversifying through hydropower, nuclear energy, wind, and solar initiatives. Solar energy applications have made a widespread positive impact, leading to India spearheading the International Solar Alliance, a collaborative platform for global solar energy technology deployment.

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History of this topic

Budget 2025 preview — Part 1: Fiscal deficit, FDI, disinvestment, energy issues
1 week ago

Budget 2025 preview — Part 1: Fiscal deficit, FDI, disinvestment, energy issues

Live Mint  

Foreign direct investment inflows into India—investments by foreign entities in domestic businesses—hold the potential to transform the economy. Fiscal deficit: Tax buoyancy holds the key to managing deficits India introduced the Fiscal Responsibility and Budget Management Act in 2003, targeting a fiscal deficit—the gap between government spending and revenue—of 3% of GDP. In 2022-23, the last year for which actual …

India met all-time maximum power demand of 250 GW in 2024
1 week, 2 days ago

India met all-time maximum power demand of 250 GW in 2024

Live Mint  

New Delhi, January 1 : The year 2024 marked a landmark period for India's power sector, with historic advancements in energy generation, transmission, and distribution. From meeting record power demand of 250 GW to reducing energy shortages at the national level to a mere 0.1 per cent in 2024-25, the sector demonstrated resilience and commitment to sustainable growth. In the …

India's climate challenge and the rise of a new green economy
2 weeks, 4 days ago

India's climate challenge and the rise of a new green economy

Live Mint  

As the threats posed by climate change escalate, countries are having to navigate the challenge of balancing economic growth with environmental sustainability. While the challenges posed by climate change are daunting, they also present unique opportunities for India to lead the global transition to a green economy. By focusing on renewable energy, sustainable agriculture, urban resilience, and the integration of …

The global warming fight has a challenge for India
2 weeks, 5 days ago

The global warming fight has a challenge for India

The Hindu  

The outcome of the climate conference in Azerbaijan has been disappointing. Developed countries have accepted 2050, China 2060, and India 2070 as the deadline for energy transition to net zero emissions by 2070. We need to rapidly ramp up electricity generation to establish our claim to an energy level that is sufficient to sustain future growth before we are constrained …

Data dive: Dark clouds hover over India’s solar story
3 weeks, 5 days ago

Data dive: Dark clouds hover over India’s solar story

Live Mint  

Recent charges of bribery by a US government agency against the Adani Group and its leadership have cast an unexpected spotlight on the Solar Energy Corporation of India—until now a relatively unknown company run by the central government. Solar’s share of electricity generated from renewable sources has Widening gap Of the 66 GW of solar power capacity installed as of …

India's Renewable Energy Capacity Hits New Milestone: Centre
1 month, 4 weeks ago

India's Renewable Energy Capacity Hits New Milestone: Centre

Deccan Chronicle  

New Delhi: India has reached a significant milestone in its renewable energy journey, with the country's total renewable energy capacity crossing the 200 GW. India's total renewable energy installed capacity surged by an impressive 24.2 GW in just one year, reaching 203.18 GW in October 2024, up from 178.98 GW in October 2023. India's total electricity generation capacity has reached …

CM Naidu Seeks to Attract Green Investments at Global Meet
3 months, 3 weeks ago

CM Naidu Seeks to Attract Green Investments at Global Meet

Deccan Chronicle  

Vijayawada: Chief Minister Nara Chandrababu Naidu will highlight Andhra Pradesh's green energy commitments at the 4th Global Renewable Energy Investor’s Meet, which is to be conducted by the Ministry of New and Renewable Energy from September 16 to 18 in Gandhinagar, Gujarat. The Chief Minister is optimistic about attracting significant investments in the green power sector, leveraging the state's substantial …

India’s renewable energy target may prove elusive without course correction
4 months ago

India’s renewable energy target may prove elusive without course correction

Live Mint  

India’s energy transition will be centred around the use of solar photovoltaic technology for at least the next 25 years. Though this information is not yet available in the public domain, it is estimated that Solar Energy Corporation Of India and other RE implementing agencies have about 18GW of ‘unsold inventory.’ Discoms in India face three major difficulties: huge uncertainty …

PM Modi says speed, scale to help India achieve 500 GW renewable energy target by 2030
4 months ago

PM Modi says speed, scale to help India achieve 500 GW renewable energy target by 2030

The Hindu  

Prime Minister Narendra Modi on Thursday said speed and scale have helped India increase its solar energy capacity by 32-fold in the last ten years and will eventually enable the nation to achieve its target of 500 GW of renewable energy by 2030. In a video message to the International Solar Festival, Mr. Modi said, "In the past few years, …

Speed, scale to help India achieve 500 GW renewable energy target by 2030: PM
4 months ago

Speed, scale to help India achieve 500 GW renewable energy target by 2030: PM

Deccan Chronicle  

New Delhi: Prime Minister Narendra Modi on Thursday said speed and scale have helped India increase its solar energy capacity by 32-fold in the last ten years and will eventually enable the nation to achieve its target of 500 GW of renewable energy by 2030. In a video message to the International Solar Festival, Modi said, "In the past few …

Budget 2024-25: India's energy transition plan
5 months ago

Budget 2024-25: India's energy transition plan

Hindustan Times  

India, targeting a $7 trillion economy and decarbonisation target by achieving 500 GW of fossil-fuel free generating capacity by 2030, needs a well-rounded strategy that harmonises economic development with environmental sustainability. To reach India’s goal of achieving 50 percent of its total installed power generation capacity come from non-fossil fuel sources by 2030, India must install approximately 50 gigawatts of …

Powering India’s future
5 months ago

Powering India’s future

The Hindu  

In her seventh consecutive Budget speech, the Finance Minister announced measures indicating India’s commitment to its clean energy transition. Despite past efforts to add renewable capacity, its share in India’s power generation mix is just 13%. Previous power supply shortages and expectations of rising energy demand have driven policymakers to bet on new coal capacity. Instead, we must strive to …

Budget 2024: For Developed India by 2047, Sitharaman banks on renewable & nuclear energy
5 months, 2 weeks ago

Budget 2024: For Developed India by 2047, Sitharaman banks on renewable & nuclear energy

Firstpost  

The Budget 2024-25 makes way for private sector’s participation in the research and development of small modular nuclear reactors to boost India’s nuclear energy capacity Union Finance Minister Nirmala Sitharaman made announcements related to nuclear energy production and private sector's role in it in the Budget 2024 As the fastest-growing major economy that Prime Minister Narendra Modi has set 2047 …

Budget 2024: India to boost nuclear energy, develop Bharat Small Reactors
5 months, 2 weeks ago

Budget 2024: India to boost nuclear energy, develop Bharat Small Reactors

India Today  

In a significant move towards diversifying India's energy mix, Finance Minister Nirmala Sitharaman announced major initiatives for nuclear energy development in the Union Budget 2024. Read Full Budget 2024 Coverage In line with India's commitment to sustainable development, the Finance Minister announced plans to formulate regulations for transitioning from energy efficiency targets to emission targets. By embracing nuclear energy, enhancing …

Coal to have significant place in India’s diversified energy basket: Eco Survey
5 months, 2 weeks ago

Coal to have significant place in India’s diversified energy basket: Eco Survey

Hindustan Times  

India will target a diversified set of sources for energy security with a significant place for thermal power, including coal to provide base load, to minimise risks associated with systems while pursuing low-emission pathways in line with national commitments, said the 2023-24 Economic Survey Union finance minister Nirmala Sitharaman tabled in Parliament on Monday. “This will also include a significant …

Rajasthan set to emerge as hub of solar power components with changes in renewable energy policy
6 months ago

Rajasthan set to emerge as hub of solar power components with changes in renewable energy policy

The Hindu  

Rajasthan is set to emerge as the hub of assembling and manufacturing of solar power components following the changes made in the renewable energy policy for land allotment to the projects at concessional rates. The State Cabinet had earlier this month amended the renewable energy policy as well as the rules governing the allotment of land for renewable energy-based power …

India's solar output grows at slowest pace in six years in first half of 2024
6 months, 1 week ago

India's solar output grows at slowest pace in six years in first half of 2024

Hindustan Times  

By Sudarshan Varadhan and Cassandra Yap India's solar output grows at slowest pace in six years in first half of 2024 SINGORE, - India's solar power generation grew at the slowest pace in six years in the first half of 2024, an analysis of data from the federal grid regulator showed, as the country further stepped up reliance on coal …

International Solar Festival in India by ISA: Date, Venue, Aims, and Objectives
6 months, 2 weeks ago

International Solar Festival in India by ISA: Date, Venue, Aims, and Objectives

The Quint  

First International Solar Festival in India: The inaugural edition of International Solar Festival is all set to take place in India in New Delhi in September 2024. This will be a groundbreaking event organized by the International Solar Alliance to bring together solar power stakeholders from around the world to share knowledge, promote innovation, and build international collaborations towards a …

International Solar Festival to be held in Delhi in September
6 months, 2 weeks ago

International Solar Festival to be held in Delhi in September

Hindustan Times  

The International Solar Alliance will organise its first international solar festival on September 5 and 6 in Delhi. India aims to install 500 GW of non-fossil fuel energy capacity by 2030, said Bhupinder Singh Bhalla, secretary, ministry of new and renewable energy. Climate change is impacting us like never before, said Ajay Mathur, director general of International Solar Alliance. The …

INDIA’s clean energy transition goals in limbo
8 months, 2 weeks ago

INDIA’s clean energy transition goals in limbo

New Indian Express  

CHENNAI : While hosting the G20 Presidency for the first time, India championed a climate change-focused agenda and pushed the group of countries to agree to tripling global renewable energy capacity by 2030. A report titled “Indian States’ Electricity Transition: 2024” was released by the Institute for Energy Economics and Financial Analysis and Ember that looks into the performance of …

Solar power potential in India has decreased over last three decades: Study
8 months, 2 weeks ago

Solar power potential in India has decreased over last three decades: Study

Hindustan Times  

A recent study has highlighted that with a decreased trend in solar radiations over most of the country, the solar power potential in India has decreased over the last three decades. The technical potential of solar power has a significant decreasing trend in most of the selected stations, which is alarming. As solar radiation intensity has been decreasing and there …

Climate litigation gets shot in the arm, climate justice is not far behind in India
9 months ago

Climate litigation gets shot in the arm, climate justice is not far behind in India

Hindustan Times  

The seeds of climate justice that were sown a few years ago in several milestone judgments by the apex court, have now perhaps given rise to its first significant shoot in the form of the judgment delivered earlier this week in the now famous Great Indian Bustard case. While the apex court has to be lauded for fortifying and expanding …

Why India's role in shaping a sustainable energy future is a beacon of cooperation
9 months ago

Why India's role in shaping a sustainable energy future is a beacon of cooperation

Firstpost  

In these complex geo-political challenges on renewable energy, some of the Indian initiatives like the International Solar Alliance, Global Bio-Fuel Alliances, and the initiative on Green Hydrogen provide the base for the fruition of global cooperation in the domain of renewable energy sector which will ensure energy justice globally. As Prime Minister Narendra Modi said, “We set up the International …

From crisis to opportunity: India's role in global renewable energy discourses
9 months ago

From crisis to opportunity: India's role in global renewable energy discourses

Firstpost  

The existing crisis in the international energy market is also providing an opportunity for the renewable energy sector The two recent wars — the Russia-Ukraine War as well as the Israel-Hamas War — as well as sanctions on Iran and Russia have had much impact on global energy geopolitics. Three important issues need to be addressed while discussing India’s role …

India's solar surge: A look at ambitious plans, actual progress, and funding trends
9 months, 3 weeks ago

India's solar surge: A look at ambitious plans, actual progress, and funding trends

India Today  

During his address at the India Today Conclave, Prime Minister Narendra Modi outlined ambitious plans for the next five years, particularly in solar energy. INDIA'S SOLAR PARK PROGRESS A total of 51 solar parks were sanctioned across various states in India, with a combined capacity of 37.74 GW by 2023. Andhra Pradesh has five parks with a total capacity of …

India’s clean energy boom slows as new solar projects get delayed. Experts say it can pick back up
11 months ago

India’s clean energy boom slows as new solar projects get delayed. Experts say it can pick back up

Associated Press  

BENGALURU, India — For years, renewable projects in India have been growing steadily, from small-town rooftop solar installations to large-scale projects across the desert and long stretches of wind turbines and solar panels on farmland all contributing to the country’s climate goal of transitioning to clean energy. It takes up to two years for solar projects to come online after …

Large part of ₹11 trillion capex for FY25 to flow into energy sector: PM Modi
11 months ago

Large part of ₹11 trillion capex for FY25 to flow into energy sector: PM Modi

Live Mint  

Goa: The Centre will allocate a substantial part of the budgeted capital expenditure for fiscal year 2024-25 to the energy sector, as the country strives to meet rapidly growing demand and achieve climate goals, Prime Minister Narendra Modi said on Tuesday. India's energy demand is projected to double by 2045, placing the country at the helm of shaping global energy …

India to see investment of $67 billion in next five to six years in energy sector: PM Modi
11 months ago

India to see investment of $67 billion in next five to six years in energy sector: PM Modi

The Hindu  

Prime Minister Narendra Modi on Tuesday said India was working on the development of environmentally friendly energy sources to enhance its energy mix. Mr. Modi said as India was poised to be 3rd largest economy in the world, the energy sector would play a crucial role in India’s growth story. On India’s seriousness to facilitate the transition he said, “despite …

India Energy Week: Focus on energy security, transition, alternate fuels
11 months ago

India Energy Week: Focus on energy security, transition, alternate fuels

Live Mint  

New Delhi: The second edition of India Energy Week kicks off in Goa on 6 February with participation from global oil majors including Russia's Rosneft and Saudi Arabia's Saudi Aramco. India Energy Week 2024, which will see participation from 120 countries, is expected to delve into various themes, including energy transition, the development of a future-ready energy stack, and the …

PM Modi announces new rooftop solar power scheme: How this will help India go green
11 months, 2 weeks ago

PM Modi announces new rooftop solar power scheme: How this will help India go green

Firstpost  

Monday was a big, big day for Prime Minister Narendra Modi. In a post on X, PM Modi on Monday evening wrote, “The first decision I have taken after returning from Ayodhya is that our government will launch ‘Pradhanmantri Suryodaya Yojana’ with the target of installing rooftop solar on one crore houses.” He further added that the scheme was inspired …

Fired up and plugged in – Driving India’s energy security and decarbonisation this decade
11 months, 2 weeks ago

Fired up and plugged in – Driving India’s energy security and decarbonisation this decade

The Hindu  

As India throttles to become the fastest-growing economy in the coming years, it will have to grow in the wake of a global agreement at COP-28 to phase down unabated coal. But to keep the economy powered while decarbonising, the country will have to use its existing assets better to cater to growing demand, while simultaneously limiting exposure to new …

Pioneering sustainable energy: A blueprint for national progress
11 months, 3 weeks ago

Pioneering sustainable energy: A blueprint for national progress

The Hindu  

Andhra Pradesh has made significant progress towards achieving the United Nations’ Sustainable Development Goal No. has an estimated RE potential of 82.50 GW, primarily from wind and solar, the State government rolled out the RE Export Policy-2020 for establishing projects with an ambitious 120 GW capacity by the year 2025. PSHPs with a total capacity of 16,180 MW have been …

DC Edit | India can still be part of climate deal
1 year, 1 month ago

DC Edit | India can still be part of climate deal

Deccan Chronicle  

It is surprising that India was not among the 118 nations that signed the Global Renewables and Energy Efficiency Pledge at the climate summit in Dubai to triple the installed renewable energy capacity by the turn of the decade. As Prime Minister Narendra Modi pointed out in his address to the summit during his flying visit, India may be the …

India-led alliance set to fund solar projects in Africa in a boost to the energy transition
1 year, 2 months ago

India-led alliance set to fund solar projects in Africa in a boost to the energy transition

Associated Press  

BENGALURU, India — An alliance of nations that push for more solar power worldwide are set to announce nearly $35 million for projects such as mini grids and rooftop installations, mainly in Africa, according to the group’s director general. At the sidelines of the group’s annual meeting in New Delhi on Tuesday, Ajay Mathur said the International Solar Alliance expect …

India will see solar revolution by 2030, says IEA
1 year, 2 months ago

India will see solar revolution by 2030, says IEA

Firstpost  

India has set a target of achieving 500 GW of installed capacity from non-fossil fuels, including around 270 GW of solar capacity, by 2030 According to the International Energy Agency, solar energy will generate 18% of India’s electricity by 2030, up from its current 6% share. According to the IEA’s latest World Energy Outlook 2023, which was released on Tuesday, …

Global Biofuel Alliance a key step under India’s leadership after International Solar Alliance: President Murmu
1 year, 3 months ago

Global Biofuel Alliance a key step under India’s leadership after International Solar Alliance: President Murmu

The Hindu  

President Droupadi Murmu on September 13 said the Global Biofuel Alliance launched during the recently concluded G-20 summit is an important step taken under India’s leadership after the International Solar Alliance, noting that new and renewable sources will help in making the country self-reliant in the energy sector. Apart from tackling the issue of climate change, new and renewable energy …

India hopes to lead on climate, but coal still powers its economic growth
1 year, 4 months ago

India hopes to lead on climate, but coal still powers its economic growth

LA Times  

Indian Prime Minister Narendra Modi and President Biden stand on the South Lawn of the White House on June 22 during a ceremony marking Modi’s visit. Modi, who has overseen a rapid expansion of India’s renewable energy industry, has set bold targets to power more of the country with solar, hydrogen and biofuels over the next decade. The contradiction is …

High hopes for climate and energy outcomes at summit as India takes lead
1 year, 4 months ago

High hopes for climate and energy outcomes at summit as India takes lead

The Hindu  

As leaders gather for G-20 Summit in New Delhi, experts on Thursday said securing consensus on multilateral development bank reforms and adopting rigorous language regarding the phasing down of unabated fossil fuels could enhance India’s leadership role. The G-20 countries — responsible for 85% of the world’s GDP and 80% of the emissions — failed to reach consensus at the …

What is India's ambitious 'OSOWOG' global solar grid proposal?
1 year, 5 months ago

What is India's ambitious 'OSOWOG' global solar grid proposal?

Firstpost  

PM Modi said India has received ’encouraging’ response to its global grid proposal. The initiative is to build a transnational ‘One Sun One World One Grid’ to enhance energy security from other countries. The project linking 140 nations was unveiled on the sidelines of the 2021 UN Climate conference Prime Minister Narendra Modi on Saturday said India has received “encouraging” …

We are working to make India a green energy hub: PM Modi on climate change
1 year, 6 months ago

We are working to make India a green energy hub: PM Modi on climate change

India TV News  

Emphasizing that environment and climate have an essential place in Indian culture and tradition, Prime Minister Narendra Modi said government is working to make India a green energy hub. Prime Minister Narendra Modi and US President Joe Biden were speaking an joint press conference at the White House after holding bilateral talks. Meanwhile, President Joe Biden said," I think it …

India taking various measures to encourage energy transition: BEE DG Abhay Bakre
1 year, 8 months ago

India taking various measures to encourage energy transition: BEE DG Abhay Bakre

The Hindu  

“As part of its net zero commitments, India is taking various measures to encourage energy transition for industries in the domestic market as well as at the global level,” a senior government official has said. Abhay Bakre, Director General of Bureau of Energy Efficiency, further said that various forward-looking measures are slated to be discussed at the upcoming meets of …

Success in facing climate crisis will depend on ‘ability of India to lead…’ : US
1 year, 8 months ago

Success in facing climate crisis will depend on ‘ability of India to lead…’ : US

Hindustan Times  

The success of the world in combating the climate crisis will in part depend on decisions taken by India, a senior US official has said, as he vowed to work with New Delhi and other countries in achieving the ambitious targets. The success of the world in facing the climate crisis will in part depend on decisions taken by India, …

India misses RE capacity target due to low solar rooftop, wind energy project installations: Parliamentary panel
1 year, 9 months ago

India misses RE capacity target due to low solar rooftop, wind energy project installations: Parliamentary panel

The Hindu  

A parliamentary panel has attributed low installation of solar roof-top and wind energy projects as key reasons for the shortfall in achieving India’s renewable energy capacity target of 175 GW by 2022. However, it should also be mentioned that whatever shortfall has occurred in achievement of the target that is because of low installation of solar roof-tops and wind energy …

Mining companies can catalyse energy transition
1 year, 10 months ago

Mining companies can catalyse energy transition

Hindustan Times  

Mining and metals are a non-negotiable element in the energy transition. This is a now a consensus view among experts, policy makers and business leaders on the topic at the recently concluded World Economic Forum conference at Davos, who are adding their voice to the recent comprehensive reports issued by respected agencies such as the World Bank, the International Energy …

India wants energy transition on its own terms — without phasing out coal and with more grants
1 year, 10 months ago

India wants energy transition on its own terms — without phasing out coal and with more grants

The Hindu  

India is unlikely to sign a deal with richer nations this year for a just energy transition, as international funding rests on India committing to a timeline to phase out coal, an "unviable" proposition for the country, energy analysts said. "The JETP as it currently stands may not be the best model or framework for India given that the country …

India will play an important role in green energy: PM Modi
1 year, 10 months ago

India will play an important role in green energy: PM Modi

Deccan Chronicle  

NEW DELHI: Inviting global investment in the green energy sector, Prime Minister Narendra Modi on Thursday said that India's potential in solar, wind and biogas is no less than a goldmine or an oil field. The Prime Minister informed the audience that India achieved the target of 40 per cent contributions from non-fossil fuels in the installed electricity capacity nine …

India Energy Week 2023: ‘No better place than India to invest,’ tells PM Modi
1 year, 11 months ago

India Energy Week 2023: ‘No better place than India to invest,’ tells PM Modi

Hindustan Times  

Prime Minister Narendra Modi inaugurated the India Energy Week-2023 in Bengaluru on Monday and addressed the delegates from the energy industry across the country. PM Modi to launch key green energy initiatives on 6 Feb Speaking at the event, PM Modi said, “The energy sector plays a major role in deciding the future of the world in the 21st century. …

India’s just energy transition is more than a coal story
1 year, 11 months ago

India’s just energy transition is more than a coal story

The Hindu  

Just Energy Transition Partnership is emerging as the key mechanism for multilateral financing by developed countries to support an energy transition in developing countries. Transitions affect near-term fossil-dependent jobs, disrupt forms of future energy access, shrink state’s capacity to spend on welfare programmes, and thus exacerbate existing economic inequities between coal and other regions. The emphasis by developed countries’ on …

India’s G-20 energy meet to balance renewables, fossil fuels
1 year, 11 months ago

India’s G-20 energy meet to balance renewables, fossil fuels

Associated Press  

BENGALURU, India — Over 500 energy industry heavyweights and 30,000 participants will descend on the southern Indian city of Bengaluru on Monday to discuss the future of renewables and fossil fuels at India Energy Week — the first big ticket event of the country’s presidency of the Group of 20 leading economies. Ahead of the event, IEA’s Birol praised India’s …

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