In Short: The renewable energy sector in India has reached 25 GW of installed capacity, which accounts for only 26% of the target set for the financial year 2023-24. Despite significant growth, the sector faces challenges in achieving the desired targets due to various factors such as policy uncertainties, land acquisition issues, and financing constraints. […]
A number of incentives are being provided for growth of the renewable energy sector in the country: Union Power & NRE Minister Shri R. K. Singh – EQ Mag
Report Suggests EIB Could Announce 500 Million Euro Funding for Renewable Energy Sector
The EIB had committed to investing one billion euros in India’s green hydrogen sector earlier in 2023. “EIB is working on important negotiations towards the first phase of its investments in renewable energy. We are going to invest not just in green hydrogen but in onshore windmills and solar panels sector,” CNBC-TV18 quoted EU Investment […]
R K Singh exhorts women to increase participation in renewable energy sector, steer transition to net zero – EQ Mag
Union Power and New & Renewable Energy Minister R K Singh has exhorted women to increase participation in the renewable energy sector and steer the country’s transition towards net zero emissions. Speaking at a conference on ‘Women in Renewable Energy: A Dialogue on Policy, Technology, Skilling, and Finance’ on Monday, Singh mentioned India’s key achievements […]
Union Power & NRE Minister Shri R. K. Singh exhorts women to increase participation in Renewable Energy sector and steer India’s Energy Transition towards Net Zero – EQ Mag
Ministry of New & Renewable Energy Organises “Women in Renewable Energy” Event Focusing on Enhancing Women’s Participation in the Sector On the occasion of World Environment Day on June 5, 2023, Ministry of New and Renewable Energy organised an event titled “Women in Renewable Energy: A Dialogue on Policy, Technology, Skilling, and Finance” in New […]
What’s in store for renewable energy sector in Budget 2023? – EQ Mag
In 2022, India made tremendous advancements in the field of renewable energy. Over 170GW of installed renewable energy capacity and over 80GW of projects are currently being developed in the nation. India has to instal 25–30 GW in 2023 and succeeding years in order to reach its 500 GW goal by 2030. The industry anticipates […]
Net Zero targets come within reach through the innovations showcased at The smarter E India Expo 2022 – EQ Mag
13,000 sqm of exhibition space featured 170 exhibitors and showcased 3,000+ products 9,500 visitors from 22 countries Exhibition registers a whopping 130% growth over 2021 3 days of knowledge-rich conferences addressed by 88 international speakers and attended by 250+ paid delegates Launched a specialised trade fair for the electric vehicles’ ecosystem—EV Asia Expo—under the aegis […]
Renewable energy sector to boom with likely investments of over USD 25 billion – EQ Mag
With an oil price shock threatening to derail economies globally, the focus has shifted to renewable energy with over USD 25 billion or Rs 2 lakh crore investment planned in India for using sunlight, water and air to produce energy. Oil and gas prices shooting through the roof in 2022 in the aftermath of Russia’s […]
Government takes several initiatives to promote and create new markets in renewable energy sector – EQ Mag
Government have taken several initiatives to for promotion and creation of new markets in the renewable energy sector. These include : Permitting Foreign Direct Investment (FDI) up to 100 percent under the automatic route, Waiver of Inter State Transmission System (ISTS) charges for inter-state sale of solar and wind power for projects to be commissioned […]
Coastal Karnataka to get massive investment in renewable energy sector: CM Bommai – EQ Mag
Mangaluru : Karnataka Chief Minister Basavaraj Bommai on Saturday said the state is expecting a huge investment in coastal districts in the area of renewable energy over the coming months. Speaking to reporters at Bajpe International Airport, he said around Rs 2 lakh crore investment proposals have come in the area of renewable energy, hydrogen […]