India renewables capacity
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.
Sunsure Energy bags $26.91m loan for Uttar Pradesh solar projects
These have a total capacity of 75 megawatt-peak.
L&T establishes unit for renewable EPC
Senior VP A. Ravindran has also been appointed as the head of the renewable business.
India green lights 50 MW renewable energy park in Rajasthan
This is in line with India’s goal of 450 GW of clean energy.
India’s coal power generation share to decline to 67% by FY2026
Meanwhile, renewable energy generation will be higher than demand for the first time.
India issues guidelines for $9.6m ‘model solar village’ programme
This aims to establish a solar village per district.
India secures $173.4m Japanese loan for wind energy project
This is part of a JBIC’s GREEN operations.