Shripad Naik, Member of Parliament from North Goa, recently took over as Minister of State for Power and New & Renewable Energy. His appointment comes at a time when India’s renewable energy sector is at a critical crossroads, as it powers its way to meeting ambitious climate goals. Distributed solar, especially residential rooftop solar, has received a significant fillip; the domestic solar manufacturing base is expected to broaden; the green hydrogen segment is gaining momentum with significant industry interest; and offshore wind is expected to become the next frontier of growth. Naik, who has led various central ministries in the past, now has the key responsibility of strengthening government efforts to drive further growth in the renewables’ sector. In an interview with Renewable Watch, Naik talked about recent trends in the sector, key policy initiatives, and the status of domestic manufacturing. He also discussed the major challenges and opportunities in the sector. Edited excerpts… https://lnkd.in/ghMJQWiN Ministry of New and Renewable Energy (MNRE) #solarpower #windpower #offshorewind #bioenergy #hydropower #renewableenergy #greenhydrogen #greenfinance #domesticmanufacturing #rooftopsolar #energy #power
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Summer intern at NSEFI || Co- president of Environment & sustainability club || NSB-NTPC SCHOOL OF BUSINESS || MECHANICAL ENGINEER
🌱 Andhra Pradesh's Clean Energy Leap: 160 GW Target by 2029!. 🔲 The Andhra Pradesh Integrated Clean Energy Policy (2024) aims to add 160 GW of renewable energy capacity over the next five years. Backed by ₹10 trillion (~$119 billion) in investments, this policy focuses on expanding solar, wind, and green hydrogen production to drive sustainability and economic growth. 🔘 Key highlights include: 🔺 25% capital subsidies for solar & wind manufacturing 🔺 SGST reimbursements 🔺 100% electricity duty waivers for green hydrogen production ⚡. #CleanEnergy #Sustainability #RenewableEnergy #GreenHydrogen
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Torrent Power Commits ₹64,000 Crore to Green Energy Projects, Creating 26,000 Jobs Torrent Power is leading the charge toward a sustainable energy future with a massive ₹64,000 crore investment in green energy projects. This bold move will not only drive India closer to its renewable energy goals but also generate 26,000 new jobs, boosting the economy and creating opportunities in the renewable sector. Highlights: ₹64,000 Crore Investment: Focusing on solar, wind, and hybrid energy projects. Renewable Power Generation: Aiming to make significant strides in clean energy. 26,000 Jobs Created: Opening doors for professionals in the green energy industry. This commitment reflects Torrent Power’s vision of sustainable growth and dedication to driving India’s energy transformation. https://lnkd.in/dQJ3rEWM #TorrentPower #GreenEnergy #RenewableEnergy #CleanEnergy #Sustainability #JobCreation #SolarEnergy #WindEnergy #IndiaEnergy #SustainableFuture #Youtubeshorts #Shorts #Facebook #Linkedln How do you think this massive investment will shape India’s renewable energy landscape? Share your insights below!
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Sr.Engineer-Civil Design @ Gensol Engineering Limited, Gurugram || EPC industry|| Owner at नkshbyसाkshi || Doctorate from IIT Delhi (Construction Management) || ~10 years of Teaching Experience
The news about India planning to add 30-35 GW of renewable energy capacity in FY25 underscores its commitment to a sustainable and green future. With supportive government policies, technological advancements, and increasing private sector participation, the country is well-positioned to achieve its renewable energy targets. One of the key areas of focus is Solar Energy which will continue to dominate the renewable energy landscape in India. The country’s vast geographical expanse and high solar insolation make it ideal for large-scale solar projects. Rooftop solar installations are also gaining traction, supported by government incentives and increasing awareness among consumers. Further, to address the intermittency issues associated with renewable energy, there is a growing emphasis on hybrid projects that combine solar and wind energy with battery storage. These projects ensure a more stable and reliable power supply, enhancing the overall efficiency of the grid. Overcoming the existing challenges through strategic investments and regulatory reforms will pave the way for a cleaner, sustainable and a more resilient energy landscape in India. Upgrading and expanding the grid infrastructure is essential to accommodate the increasing influx of renewable energy. Investments in transmission and distribution networks are crucial for seamless integration of renewable energy into the national grid. Developing a skilled workforce to manage and operate renewable energy projects is imperative and would be a game changer. Training and capacity-building initiatives would help address this need. What do you think? How can we overcome the challenges faced by the renewable energy sector? Open for discussion. #powersectornews #myviews #sustinable #renewableenergy #solarpower #solarenergy #hybridenergy #structuralengineering
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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
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Project Management | BD | Jindal Renewables |Alumnus -IIM Raipur, NPTI Faridabad | BTech EE | Business (Renewable)Analyst | SAP | MSP | Primavera| Energy Transition |Green Hydrogen|Top linkedinVoice |Policy & Regulatory
Karnataka secured second place in the all-India wind energy generation capacity commissioned for the year 2023 -24. The state stood second after Gujarat, while Tamil Nadu ranked third, a release said on Wednesday. Karnataka was honoured by the Ministry of New and Renewable Energy (MNRE) as part of Global Wind Day celebrations in Delhi on June 15, with the central theme of ‘Pawan-Urja: Powering the Future of India’. The event highlighted significant advancements and achievements in the wind energy sector across the nation. As per data from the energy department, the commissioned capacity for wind power generation for financial year 2023- 24 is 724.66MW. Gujarat’s commissioned capacity is 1743.8MW, while Tamil Nadu’s is 586.37MW. #WindEnergy #RenewableEnergy #CleanEnergy #WindPower #GreenEnergy #WindTurbine #SustainableEnergy #WindFarm #ClimateAction #EcoFriendly
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| Project Expert | PSSC Certified Master RE Coach & Trainer | Technical Consultant | IPMA | | Doctorate | 24+ Yrs Exp. | Wind | Solar | BESS | CSP | EV | GH2 | ESS | Grid integration | Road Safety | Social Film Marker |
Finally India launched what was my desire छत पर पवन चक्की The Karnataka Electricity Regulatory Commission (KERC) has issued draft rules for rooftop wind aero turbines (RAT). These small-scale wind energy systems can be installed on rooftops, with or without solar power, to promote renewable energy generation in urban and suburban environments. The draft rules outline installation guidelines, connectivity, and tariff design, with stakeholders invited to submit feedback by November 8, 2024. The goal is to encourage co-generation of electricity and optimize energy resources for residential and commercial use. #Karnataka #WindEnergy #RenewableEnergy #AeroTurbines #GreenEnergy #SustainableEnergy #SolarHybrid #EnergyPolicy #CleanEnergy #RooftopWind #EnergyRevolution #WindPower #ClimateAction #UrbanRenewables #SaurEnergy
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👉Renewable sector sets high hopes for #Modi 3.0 with a focus on advanced energy solutions ✅Under Modi 2.0, the government launched ambitious projects like the $9.5 billion #PMSuryaGharMuftBijliYojana to install rooftop solar systems across 10 million households. ✅As Narendra Modi begins his third term as Prime Minister, the #renewable energy sector sets its expectations high, with industry leaders advocating for reinforced policies and strategies to accelerate India’s green energy initiatives. #Waaree #VikramSolar #RenewableEnergy #Pmmodiagain #GreenEnergy
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Chip Designer, Cellular pioneer, Tech Investor, Aviator, Former MP/Minister, Bharatiya Janata Party 🇮🇳
Renewable energy is the only way to go for a #SustainableFuture! PM Narendra Modi ji's vision for this sector has propelled India to the 4th position globally in wind power (a 2x increase since 2014) and 5th in solar power capacity (a 33x increase since 2014). India also has the world’s largest renewable energy expansion plan, targeting a massive 500 GW of non-fossil fuel energy by 2030. #RenewableEnergy #NewIndia #ViksitBharat #AtmaNirbharBharat
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🌬️ 𝐖𝐢𝐧𝐝 𝐄𝐧𝐞𝐫𝐠𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 𝐢𝐧 𝐈𝐧𝐝𝐢𝐚 🇮🇳 India's wind energy sector is soaring! With nearly 10% of the nation's total power generation capacity and impressive growth, wind power is a key player in India's clean energy future. With India's ambitious renewable energy targets and a conducive policy environment, the wind energy sector presents significant opportunities for growth and investment. 📈 The Government of India has announced an achievable Renewable Energy target of 500 GW of clean energy sources by the year 2030, out of which 140 GW will be coming from wind power.🎯 Are you looking to enter the booming wind energy market in India? WERT International is here to assist you every step of the way! At WERT International, we specialize in: ✅ Joint ventures for wind energy projects and equipment supply ✅ Technology partnerships ✅ New market entry strategies ✅ Finding investment opportunities With our expertise and network in the renewable energy industry, we can help you navigate the complexities of wind energy development and achieve your sustainability goals. ♻ 🌏 Let's collaborate and drive the future of clean energy together! 🤝 #WindEnergy #RenewableEnergy #CleanEnergy #India #Sustainability #GreenEnergy #MNRE #EnergyTransition #NetZero
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India’s total installed #RenewableEnergy crossed the crucial 200 GW milestone to reach 214 GW as of November 2024. Renewable energy now constitutes 46.3% of India’s total power capacity. This is a 14.2% increase compared to last year, according to the Ministry of New & Renewable Energy (@MNREIndia). In addition to powering homes, agriculture and businesses, the renewable energy sectors have created over 1.02 million #JobsInIndia, as highlighted by the International Renewable Energy Agency’s (@IRENA) 2024 Annual Review. By augmenting renewable energy capacity, India is lighting up its present with #EnergySecurity, energy self-reliance, foreign exchange rise, infrastructure development, and also paving the way for a cleaner, greener and #SustainableFuture.
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