Eight-fold rise seen in jobs in solar and wind energy sectors, says report
1 year, 10 months ago

Eight-fold rise seen in jobs in solar and wind energy sectors, says report

The Hindu  

India’s solar and wind energy sectors added 52,700 new workers in project development roles in the last financial year, an eight-fold increase from financial year 2021, according to a joint report by three think tanks on February 10. India’s solar and wind energy sectors employed 1,64,000 workers as of FY’22, showing a 47% increase from FY’21. Were these trends to continue, new on-grid solar and wind capacities — planned as part of India’s commitment to ensure half its electricity, or nearly 500 GW, is from non-fossil fuel sources — can potentially create about 3.4 million jobs temporary and permanent jobs, the report suggests. These FTE numbers are used as coefficients to estimate the total workforce expected to be employed in the solar and wind energy project deployment process based on excess capacity added every year, “India’s renewable energy sector continues to grow steadily and create employment opportunities.

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History of this topic

Data dive: Dark clouds hover over India’s solar story
1 week 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 on track to increase its workforce to 457.62 million by 2028, says a new report by American software company
1 month, 1 week ago

India on track to increase its workforce to 457.62 million by 2028, says a new report by American software company

Hindustan Times  

India is on track to increase its workforce from 423.73 million in 2023 to 457.62 million by 2028, reflecting a net gain of 33.89 million workers, a report said on Wednesday. According to a report by American software company ServiceNow, emerging technology will transform talent across India's key growth sectors, generating 2.73 million new tech jobs by 2028. "AI will …

India's Solar Imports to Soar to $30B by 2030
2 months ago

India's Solar Imports to Soar to $30B by 2030

Deccan Chronicle  

India's solar imports could surge to $30B by 2030 due to the country's reliance on imports. The country installed 15 GW of solar capacity in FY 2024, raising the total capacity to 90.8 GW by September 2024. However, to meet its 2030 goal of 500 GW in renewable energy, India needs to add 65-70 GW each year. India needs to …

Rising domestic solar cell production will curb imports from China
5 months, 4 weeks ago

Rising domestic solar cell production will curb imports from China

Hindustan Times  

India expects a surge in domestic solar cell-making capacity in the coming months, which will help reduce its dependence on imported materials from China to manufacture solar panels, the country’s top renewable energy official said. A private security guard walks between rows of photovoltaic solar panels inside a solar power plant at Raisan village near Gandhinagar, Gujarat The nation’s cells …

Will new solar power rules boost production? | Explained
8 months, 2 weeks ago

Will new solar power rules boost production? | Explained

The Hindu  

The story so far: To incentivise India’s solar module manufacturing industry, the Ministry of New and Renewable Energy has brought into effect from April 1 an executive order, The Approved Models and Manufacturers of Solar Photovoltaic Modules Order, 2019. This became necessary because India’s solar industry, its claim of indigenousness notwithstanding, is heavily reliant on imports of cheaper and comparable-quality …

World’s largest solar company cuts thousands of jobs as prices tumble
9 months ago

World’s largest solar company cuts thousands of jobs as prices tumble

The Telegraph  

The world’s largest solar panel manufacturer is set to slash its workforce by almost a third as the industry struggles with oversupply and cut-throat competition. Chinese giant Longi Green Technology Energy reportedly plans to cut staff numbers by up to 30pc, in an expansion of lay-offs that began four months ago. It comes amid wider redundancies across China’s solar industry …

India seeks to boost rooftop solar, especially for its remote areas
10 months ago

India seeks to boost rooftop solar, especially for its remote areas

The Hindu  

Just a few years ago, someone who wanted to install a rooftop solar connection in India faced getting multiple approvals, finding a reliable company to install the panels and spending heavily before seeing the first surge of clean energy. “We had to get 45 signatures to set up a small rooftop solar connection in 2021,” said Shreya Mishra, CEO of …

India to Add 4 Million Green Jobs by Next Fiscal
10 months ago

India to Add 4 Million Green Jobs by Next Fiscal

Deccan Chronicle  

Chennai: Green industry in India provides 18.5 million jobs and is expected to add 4 million more by FY25.“ In India, green industry employs 18.5 million individuals, and there is an anticipation that we would be growing and adding around 4 million more jobs by FY25,” said Nidhi Pant, a 2023 winner of the UK’s Earthshot Prize and co-founder of …

India’s clean energy boom slows as new solar projects get delayed. Experts say it can pick back up
10 months, 2 weeks 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 …

Govt boosted employment in traditional as well as emerging sectors: PM Modi
1 year, 1 month ago

Govt boosted employment in traditional as well as emerging sectors: PM Modi

The Hindu  

Prime Minister Narendra Modi asserted on Saturday that his government has boosted employment opportunities in traditional as well as emerging sectors like renewable energy, defence exports and automation. “Today, India is equipping its youths with skills and education to harness emerging opportunities.” "India's trajectory and the pace of its progress are generating new employment prospects across all sectors," he said. …

India will see solar revolution by 2030, says IEA
1 year, 1 month 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, …

India meets two-thirds of renewable energy target, says report
2 years, 3 months ago

India meets two-thirds of renewable energy target, says report

The Hindu  

‘22% rise in solar installations in Jan-Aug 2022’ India has so far installed 66% of its targeted renewable energy installation of 175 GW with only Gujarat, Rajasthan, Karnataka and Telangana meeting State-wise targets, according to a report on Thursday by global energy thinktank Ember. While India may not reach 175 GW by the end of 2022, its 2030 targets of …

Domestic solar equipment makers flag low capacity utilisation, seek government intervention
2 years, 9 months ago

Domestic solar equipment makers flag low capacity utilisation, seek government intervention

The Hindu  

The All India Solar Industries Association has urged the government to intervene amid concerns that solar equipment manufacturing units were operating at 30% capacity due to massive imports by traders from China. In a letter to Power Minister R.K. Singh, the representative association for domestic solar equipment makers said: “Having been hopeful of revival for the last decade and survived …

Can renewables meet the growing demand of more than 1 billion people in India?
3 years, 1 month ago

Can renewables meet the growing demand of more than 1 billion people in India?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “When we are all increasing our ambition on climate …

The dark side of India’s solar gamble
3 years, 8 months ago

The dark side of India’s solar gamble

Live Mint  

SINGAPORE/CHENNAI : In December, news reports indicated that the ministry of new and renewable energy had proposed a 20% basic customs duty on solar module and cell imports. According to a 2017 World Intellectual Property Organisation working paper, China’s share of global manufacturing capacity in the different segments of solar energy generation was 81% in ingots, 84% in wafers, 66% …

India’s solar power tariffs hit a new record low of ₹2 per unit
4 years, 1 month ago

India’s solar power tariffs hit a new record low of ₹2 per unit

Live Mint  

New Delhi: India’s solar power tariffs hit a new record low of Rs2 per unit on Monday during a bid conducted by state run Solar Energy Corporation of India Ltd, said a government official aware of the development. Saudi Arabia’ Aljomaih Energy and Water Company and Singapore headquartered Sembcorp’s India arm’ Green Infra Wind Energy Ltd. placed the winning bids …

India aims for half of state-run fuel stations to be solar-powered in five years
4 years, 3 months ago

India aims for half of state-run fuel stations to be solar-powered in five years

Live Mint  

India aims for 50% of fuel stations owned by public sector oil companies to be operated by solar power within five years under the government's green energy drive, its oil minister said on Tuesday. Dharmendra Pradhan said India's three state-backed fuel retailers Indian Oil Corp, Hindustan Petroleum Corp and Bharat Petroleum, which operate about 63,150 fuel station across India, are …

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