Date Energy ’s Post

India's solar energy sector is set to grow significantly in 2024, potentially making India one of the top three global solar markets. The record achievement of adding over 10 GW of solar power in a month is a testament to the country's policy stability, effective supply chain management, and the successful execution of government projects.   But the story doesn't end with energy production. This solar revolution acts as a catalyst for India's manufacturing sector, encouraging innovation and creating a multitude of job opportunities. The narrative gets even more exciting as India continues to weave itself into the fabric of US and Western supply chains. The growing solar industry is attracting foreign companies to establish manufacturing units here in the country.   At the heart of this developing success story lies India's strengths — a vibrant domestic market, macroeconomic stability, and policy consistency. And the timing couldn't be more perfect. The rise of the solar sector coincides with India's demographic expansion — by 2030, we're expecting nearly 100 million new entrants into the working-age population. This solar tide could offer a wealth of employment opportunities to this growing workforce, fueling economic growth, and cementing India's position on the global stage. There is a lot to look ahead in this space.   #IndiaManufacturing #RenewableEnergy #Solarpower

Do you know that Gujarat, Maharashtra, Haryana, Kerala, and Karnataka led in the rooftop solar addition in Q12024? The top five states accounted for more than 67 percent of the quarter. According to you, what are the two to three key initiatives that propelled this growth in wake of increased adoption of wind power in the country? Renjini Liza Varghese WriteCanvas - Connecting the Green Dots... Gayatri Ramanathan Ashok Pamidi International Solar Alliance Solar Energy Corporation of India Limited Solar Energy Initiatives, Inc. #isa #solarepcs #epcs #renewable energy #sustainability #solar #solarpanel #alternateenergy #solarpvs

Do you know that Gujarat, Maharashtra, Haryana, Kerala, and Karnataka led in the rooftop solar addition in Q12024? The top five states accounted for more than 67 percent of the quarter. According to you, what are the two to three key initiatives that propelled this growth in wake of increased adoption of wind power in the country? Renjini Liza Varghese WriteCanvas - Connecting the Green Dots... Gayatri Ramanathan Ashok Pamidi International Solar Alliance Solar Energy Corporation of India Limited Solar Energy Initiatives, Inc. #isa #solarepcs #epcs #renewable energy #sustainability #solar #solarpanel #alternateenergy #solarpvs

Gujarat is at the forefront of India’s renewable energy revolution, positioning itself as a leader in the quest for a greener future. With a keen focus on solar power, the state is making significant strides toward helping the nation achieve its ambitious goal of 500 gigawatts of renewable energy capacity by 2030.   The extensive solar initiatives in Gujarat are not just benchmarks but also inspiring examples for other states across the country. From solar panels on rooftops of homes and government buildings to expansive solar parks, Gujarat is harnessing its geographical advantages to maximise solar energy production.   According to Jai Prakash Shivahare, Managing Director of Gujarat Urja Vikas Nigam Ltd., the state boasts an installed capacity of over 28 gigawatts in renewable energy. Out of this, approximately 14.5 gigawatts comes from solar power.   He highlights that Gujarat leads the country in solar rooftop installations, contributing over half of the national capacity. The supportive framework from local electricity distribution companies has fostered a thriving residential solar market. Read more: https://lnkd.in/gJCJnZDz #gujarat #renewable

Latest data on rooftop solar, shared by Union Minister for New and Renewable Energy RK Singh claimed that 30 percent of India’s total rooftop solar capacity comes from Gujarat alone. With a total capacity of 3.17 GW of rooftop solar, the state proved to be the frontrunner in India’s rooftop solar business. The data was shared as a written response by the minister recently before the Lok Sabha. Read more at: https://lnkd.in/g_7Y-CHV #India #growth #solar #solarnews

#AMPINsights AMPIN Energy Transition (Formerly Amp Energy India)'s second solar project in Rajasthan, a state where AMPIN is developing 1GW of utility scale projects, is a single axis tracker project and was commissioned 6 months ahead of SCOD. #rajasthan #AMPIN #solar #solarpoject #utility #axistracker #project #energytransition #solarpanels #modules

⚡ 💊 ➡ Record Installations: India installed 14.9 GW of #solar projects in the first half of 2024, marking a 282% year-on-year increase compared to the first half of 2023. ✌ ➡ Cumulative Capacity: As of June 2024, India’s cumulative installed solar capacity reached 87.2 GW, with #utilityscale projects contributing nearly 87% and #rooftop solar over 13%. ➡ Top States: Rajasthan, Gujarat, and Karnataka led in large-scale solar installations, contributing 29%, 15%, and 14% respectively of the country's total installed capacity. In Q2 2024, 5 GW of solar capacity was commissioned, a 49% decline from Q1 2024's 9.9 GW. Despite the strong start in 2024, addressing component #supply and #gridconnectivity challenges is crucial to meeting India's target of #280GW solar capacity by #2030. #solar #renewable #energy #2024

Renewable Energy Sector Analysis Overview: The major energy hubs for renewable energy in India are 1) Rajasthan 2) Gujarat 3) Andhra Pradesh 4) Karnataka 5) Telangana 6) Tamil Nadu The graphs below depict the market size and sector-wise contribution of renewable energy. There are various government initiatives undertaken for the renewable energy sector such as: 1) Green Energy Corridor 2) Wind-Solar Hybrid Policy 3) Solar Parks and Ultra Mega Solar Power Projects Follow me Aswin Raj M for more such analysis on various other sectors! #renewableenergy #marketshare #governmentpolicies #sectoranalysis

🔋 How will Gensol Engineering Limited latest achievement in battery storage transform renewable energy in Gujarat ? 🌞 👏 Gensol has secured an additional 250 MW/500 MWh, achieving the full 500 MW/1,000 MWh capacity in Gujarat Urja Vikas Nigam Ltd. (GUVNL) battery storage project. This milestone will enhance grid stability, extend renewable energy availability, and generate significant revenue, marking a major leap in the solar industry. 🌟 Kudos to pv magazine India for consistently highlighting such groundbreaking advancements and keeping us informed about the latest trends and innovations in the solar sector. 💬 I´m curious, at all the #developers and #EPC´s in here, what are your next big project ? #RenewableEnergy #SolarPower #EnergyStorage #Gensol #GUVNL #PVEngineering #SustainableFuture #RatedPower

Solar Innovations Powering Maharashtra! 🚀 From massive pumped storage projects to increasing solar capacity for farmers and homes, Maharashtra is leading the way in renewable energy! Stay tuned with Arin Energy for all the latest solar updates and initiatives. Let’s harness the sun for a brighter, greener future! #solarenergy #NewsUpdate #solarnews #savings #solarpanels