India renewables capacity
India eyes 2,100 GW capacity to meet soaring energy demand
This includes the 500 GW renewables target.
Renewables account for nearly half of India’s total energy capacity as of October
Solar alone added 90.76 GW.
JSW Energy, NTPC sign deal for 700 MW solar project
The agreement will run for 25 years.
Jindal Renewables, Suzlon ink 400-MW energy deal
Energy produced will benefit two Indian states.
India injects more budgetary support for hydro electric projects
This will fund the country’s goal to build 15 GW of pumped storage.
Zelestra bags $146.67m financing for Indian solar plant
This will power over 128,000 homes.
India OKs 2,500-MW hydro pumped storage projects
These will be completed in 44 to 46 months.
US, India eye $1b to boost clean energy supply chain
Solar wafers and wind turbine components are amongst the initial focus areas.
IREDA eyes $538.6m through new share offering
Under this, the Indian government will sell a 7% stake in the lender.
REC fuels renewable energy development with $1.35b deals
These include solar and wind hybrid projects.
India secures $387.37b renewable energy investment pledges by 2030
Developers alone have pledged additional capacity of 570 GW.
BPCL board OKs JV with Sembcorp’s India unit for clean energy projects
They also approved a JV with GPS Renewables.
NLC India eyes $595.7m RE investment to triple power capacity
It aims to achieve this by 2030.
Sumitomo enters India’s renewable energy market with $711.54m investment
It eyes developing and supplying clean energy through PPAs.
What could hinder India from achieving its RE targets?
Achieving 7,000 GW for net-zero emissions may be challenged.
Welspun New Energy to build 1.2-GW pumped hydro project in Maharashtra
This will be constructed in the Pune and Raigad districts.
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