Juniper Green Energy’s Post

In line with Government of India's vision of achieving 500 GW renewable energy capacity by 2030, #REC has accorded highest importance to its green energy transition goals by financing projects in this sector. The MoU inked between #REC & #BHEL is a landmark move for the both the Corporations towards the development of renewable energy projects across the nation. #RECPDCL_BHEL #RECLimited #SPVs #NewIndia #CleanEnergyPartnership #SustainableEnergyGoals #RenewableEnergyCollaboration #PoweringTheFuture

Speaking at the session on “Electrifying the Pace: Renewables at Scale," Sh. Vivek Kumar Dewangan highlighted the steady growth of renewable energy capacity in India. India currently ranks fourth in terms of RE installed capacity in the world with 191 GW of renewable capacity, and an average of 50 GW of RE capacity is targeted to be added each year in the coming years. He elaborated on the numerous favourable policies and initiatives by the GoI to support the growth of renewables and pace up the energy transition. #RenewableEnergy #India #EnergyTransition #CleanEnergy #Sustainability #GlobalLeader #FastestGrowingREMarket #SupportivePolicies #GovernmentInitiatives #EnergySecurity #AtmanirbharBharat #ElectrifyingThePace #GWForTheFuture #RECLimited #NBFC #CPSE World Energy Council | World Energy Council India | International Energy Agency (IEA) | International Renewable Energy Agency (IRENA) | Qcells North America | GE Vernova | GE Vernova in Asia | CWP Global

How much funding is required for India to achieve 500 GW of renewable energy by 2030? IREDA's Chairman and MD, Pradip Kumar Das, elucidates that India will need an estimated ₹31-32 trillion by that year to meet its ambitious green energy target. Speaking at the CII Financing 3.0 Summit, the IREDA chief highlighted the significant shift in India's approach to the green energy sector and emphasized the increased availability of financing over recent years. Watch this insightful video to learn more about India’s strategic roadmap toward its renewable energy goals. Watch: https://lnkd.in/g8y44_88 | #ireda_share_news #ireda #share #greenenergy #renewableenergy #iredasharenews

India’s Renewable Revolution: Construction Underway for 2780 MW Capacity, Paving the Way for Sustainable Power Growth and Pumped Storage Projects - https://lnkd.in/dYrhdAiw In a significant move towards sustainable energy goals, the Union Minister for New & Renewable Energy and Power has announced India’s commitment to achieve 500 GW of installed electricity generation capacity from non-fossil sources by 2030. As part of its Nationally Determined Contribution (NDC) to the UNFCCC, India aims for 50% cumulative electric power installed capacity from non-fossil fuel-based resources by the same year. To bolster renewable energy production, the government has implemented various measures, including waiving Inter State Transmission System (ISTS) charges for solar and wind power projects commissioned by June 30, 2025, and initiating graded ISTS charges thereafter. […] #greenhydrogen #mnre #ndc #pumpedstorageproject #renewableenergy #unfccc #energystorage #batteries #battery #cleanenergy #alternativeenergy #cleantech

The Union Budget 2024-25 emphasises enhancing energy security and advancing renewable energy. Increased funding for solar power grid infrastructure supports vital T&D development, strengthening the transmission network and fostering a resilient, sustainable energy ecosystem for India. #UnionBudget2024 #EnergySecurity #RenewableEnergy #SolarPower #InfrastructureDevelopment #TDInfrastructure #SustainableEnergy #IndiaGrowth #PoweringProgress #EnergyTransition #GreenEnergy #ResilientInfrastructure #DICABS #dicabscables

German company Encavis AG is set to supply clean power to Brussels-based Aliaxis Holdings SA after the two parties signed a 10-year PPA. The PPA marks Aliaxis’ first offtake arrangement in Europe, where it will secure around 50 GW of clean electricity per annum. Encavis will provide power from its 38 MW solar park in Montefiascone, Lazio, which is set to come online in 2025. “Sustainability is at the core of our Growth with Purpose strategy. When it comes to our planet, we need to act now,” said Eric Olsen, CEO of Aliaxis, a global manufacturer of advanced fluid management solutions. “This is why we set a short-term target for a CO2decrease of 75% per tonne of production on Aliaxis sites. “Our action plan includes an objective of reaching 100% renewable electricity by 2025. Our European operations have made excellent progress as we have secured production of renewable electricity corresponding to a large portion of our operations as of 2025. Our Pacific region will be fully powered by renewable electricity next year, and our four production facilities in Quebec, North America, have achieved 100% renewable electricity status, we continue to make strides in our sustainability goals.” “We are very pleased to have Aliaxis as a renowned partner, whom we can support in its sustainability strategy with our green electricity on a long-term basis,” noted Mario Schirru, CIO/COO of Encavis AG. “Montefiascone is another convincing project which we realise in these turbulent times – after having signed several PPAs successfully in Spain, Germany, Finland and Denmark, we can now add our first unsubsidised Italian project to our list.” #cleanenergy

India's power sector is set for a major transformation with investments expected to reach $360 billion in the next seven years. Moody's Ratings predicts that renewable energy projects and electricity transmission infrastructure will drive this growth. By 2030, India aims to achieve 500GW of renewable energy capacity, with significant investments required for this transition. The stable regulatory environment and policy support have been crucial in increasing the share of renewable energy in the power capacity mix. These efforts align with India's goal to achieve its energy transition targets by 2030 and net-zero emissions by 2070. #RenewableEnergy #IndiaPowerSector #EnergyTransitionGoals https://lnkd.in/dNN5gwRM #SolarPower #RenewableEnergy #GreenTech #SustainableLiving #EcoFriendlyInnovation

Developers in India's renewable energy sector are advocating for an extension of the ISTS waiver—a strategic necessity, not just regulatory encouragement. This move is pivotal to overcome unique challenges and ensure that the full potential of renewable projects is realized. Join the conversation as we explore the profound impact of the ISTS waiver on renewable energy pricing and competitiveness from the developers' perspective. #TransmissionForTransition #RenewableEnergy #ISTSwaiver #DevelopersPerspective

India’s Renewable Energy Progress 🌍⚡: Rising Renewable Share: India aims to boost its renewable energy share in power generation to 35% by FY2030. Meeting RPO Targets: To achieve the 43.3% Renewable Purchase Obligation (RPO) by FY2030, the country needs to double its renewable capacity. Current Capacity: India’s renewable capacity currently stands at 200 GW, requiring rapid growth to meet future goals. Commitment to Non-Fossil Fuels: India is focused on reaching 50% installed power capacity from non-fossil sources by 2030. #RenewableEnergy #GreenIndia #Sustainability

🌿🗎 The European Union is charging ahead in its commitment to a #sustainablefuture with the revised #RenewableEnergyDirective (RED) driving the agenda. Established to set common rules and targets for renewable energy development across all sectors, the RED is crucial in fostering collaboration among EU countries: 🎯 Key target The revised directive, introduced in 2023, sets a strong ambition with an overall renewable energy target of at least 42.5% binding at EU level by 2030, with aspirations reaching for 45%. 📈 Progress Since its inception in 2009, the EU has witnessed a surge in the share of renewable energy sources in its energy consumption. From 12.5% in 2010, this figure soared to 23% by 2022. The EU is now a global leader in renewable energy technology development and deployment. 💡 Why renewables matter Renewable energy stands tall as a cornerstone of the clean energy transition. Not only does it offer sustainable solutions, but it also comes at a low cost and is domestically sourced, reducing Europe's reliance on external suppliers. Learn more ➡️ https://lnkd.in/eYF3UdJN The future of energy is green, and the European Union is at the forefront, leading the charge towards a cleaner, brighter tomorrow. Through its innovative technology, HYScale supports and contributes to this renewable energy goals for a more sustainable planet! 💚 CENmat | German Aerospace Center (DLR) | PPC S.A. | Consiglio Nazionale delle Ricerche | CEA | University of Ljubljana | HyGear | META Group | Bekaert #Hydrogen #HydrogenNow #GreenHydrogen #renewableenergy #cleanenergytransition #EUGreenDeal