Nithya Venkatakrishnan’s Post

⚡️Union budget 2024: advancing India's renewable energy goals India's budget for 2024 takes crucial steps towards achieving the country's renewable energy goals. Our CEO, Manoj Sinha, emphasizes the need to reduce reliance on thermal power, stating, “Right now, the electricity grid is powered 70% by coal; it needs to come below 50% because renewables are the future.” Key budget highlights: 1) Rooftop solarization: 100 million households to get 300 free kWh/month. 2) Continued investment in RE storage and decentralized energy integration. Divya J Shekhar at Forbes India takes a closer look at the budget. Click here for more perspective from our CEO and other industry leaders: https://lnkd.in/gKKuF2yN #RenewableEnergy #UnionBudget2024 #CleanEnergy #HuskPowerSystems #GreenEnergy

#India's Ministry of Renewable Energy (#MNRE) has started soliciting feedback from stakeholders on the draft #ALMM guidelines for #solarcells and plans to implement the guidelines from April 2026, to protect India's domestic #solarindustry from the impact of #Chineseimports. #pvindustry #nontariffbarrier https://lnkd.in/drZQfeHh

That seems like a huge step forward! India's energy sector has undergone tremendous transition in recent years, with a major emphasis on renewable energy sources like solar and wind power. Such a significant investment demonstrates a commitment to accelerating this transformation and meeting the country's energy demands while lowering its carbon footprint. This measure could improve energy security while also stimulating economic growth and job creation in the renewable energy sector. #energy #renewableEnergy

India's solar energy market is rapidly growing, driven by ambitious government targets, declining costs, and strong private sector involvement. Supportive policies and local manufacturing initiatives are boosting adoption, positioning India as a global renewable energy leader. #Massolar #solarenergysolutions #solarpanelsystem #SolarPowered #GoGreenGoSolar #postingchallenge

In July 2024, India reached an important milestone in renewable energy, with solar power accounting for nearly half of the country's renewable energy production. Solar energy contributed 43.96% of the total renewable generation, reflecting the country's growing focus on sustainable energy. India has set an ambitious target to achieve 500 GW of renewable energy capacity by 2030. Addressing challenges like grid integration and securing financing will be critical to maintaining this momentum. Click here to read more.... #renewableenergy #climatechange #sustainablefuture #decarbonisation #netzero #iea #irena #india

In 2024, India added 27 GW of renewable energy capacity, reaching 214 GW total. The key achievements include solar growth, #windenergy expansion, #greehydrogen initiatives, and significant government schemes, accelerating progress towards the 500 GW non-fossil energy target by 2030. Ministry of New and Renewable Energy (MNRE) Government of India Pralhad Joshi Read Moe - https://lnkd.in/dvb-6a_S #solarenergy #renewableenergy #EnergeticaIndia Follow the RE Sector News channel on WhatsApp: https://lnkd.in/dGHtJh9N

#India's non-fossil fuel installed capacity reached 213.70 GW in November 2024, a 14.2 percent increase from 187.05 GW last year, with total capacity including #pipelineprojects surging 28.5 percent to 472.90 GW. #Solarpower leads with #installed capacity growing 30.2 percent from 72.31 GW in 2023 to 94.17 GW in 2024, according to Ministry of New and Renewable Energy (MNRE) data. Read More - https://lnkd.in/d_wFnysv #solarenergy #renewableenergy #EnergeticaIndia Follow the RE Sector News channel on WhatsApp: https://lnkd.in/dGHtJh9N

#FirstQuarter2024 #RenewableSolarInstalledCapacity With an astounding 9.5 gigawatts (GW) of new solar capacity added in the first quarter of 2024 alone, India has ignited a new chapter in the story of renewable energy. An important step towards India's green energy future, this record-breaking accomplishment represents for 66% of the 15.2 GW of total power capacity introduced during this period. India's cumulative installed solar capacity reached 82.64 GW by the end of March 2024, accounting for 43% of all renewable energy capacity and 18.5% of the country's total installed power capacity. India's dedication to lowering its carbon impact and utilizing renewable energy sources is demonstrated by this expansion. Rajendra Jat

India's renewable energy sector, with 190.57 GW installed capacity, aims for 50 percent non-fossil fuel-based #power by 2030. Between 2014 and 2023, it attracted INR 8.5 lakh crore in #investments, with INR 30.5 lakh crore expected by 2030. Ministry of New and Renewable Energy (MNRE) Read More - https://lnkd.in/dpcjPUvU #solarenergy #renewableenergy #EnergeticaIndia

India's Renewable Energy Surge – A Record-Breaking Year in 2024! 🌞 India added a record 16.4 GW of renewable energy capacity (Jan-July 2024), the highest since 2015. 🏭 Target: 500 GW of installed non-fossil fuel capacity by 2030, requiring 50 GW annually. 🔧 89.13 GW under construction, 67.46 GW under development (as of April 2024). 🎯 Experts expect India to add 30 GW of RE capacity by the end of 2024. 🚀 Prime Minister Modi: Solar energy capacity grew 32-fold in the last 10 years, driving toward the 2030 goal! Follow Way2Buisness for more #RenewableEnergy #GreenIndia #Sustainability #EnergyRevolution #SolarPower #WindEnergy #2030Goals