Kosher Climate ’s Post

🌱 India's Renewable Energy Boom: A Deep Dive with ReNew Energy India's clean energy landscape is witnessing an incredible surge, and ReNew Energy Global Plc is playing a pivotal role in this transformation. With India ranking 4th globally in renewable energy installed capacity, it's clear that the country is on a fast track to a greener future. In 2023 alone, India added about 13.5 GW of renewable energy capacity, showcasing its commitment to sustainable energy solutions. 🌞 Solar and Wind Power Lead the Way The numbers speak for themselves - India's solar energy capacity has seen a dramatic increase, now standing at 73.31 GW. Similarly, wind power capacity has reached 44.73 GW. This remarkable growth is part of India's broader aim to achieve 500 GW of non-fossil fuel-based energy by 2030, a target set during the COP26 summit. 💡 ReNew Energy's Strategic Focus In this fast-evolving sector, ReNew Energy's decision to concentrate on the Indian market is strategic and timely. The company is aligning itself with the country's vision, contributing significantly to the wind and solar energy projects. This move positions ReNew Energy not just as a participant but as a leader in India's renewable energy revolution. 🌍 A Greener Tomorrow India's energy journey is a beacon of hope for a sustainable future. With policies and investments geared towards green hydrogen production and offshore wind energy, the country is setting a global standard in renewable energy adoption. As we witness this exciting journey unfold, ReNew Energy's role in shaping India's clean energy future remains central and crucial. #RenewableEnergy #India #ReNewEnergy #SustainableFuture #GreenPower

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

Infomerics Ratings Foresees a Bright 2024 Future with ₹137,500 Crore Investment in India’s Renewable Energy Sector Infomerics Ratings, a leading credit rating agency, has released an insightful report titled ‘India’s Renewable Energy Outlook: Navigating the Future,’ shedding light on India’s remarkable strides in the power sector over the past nine years. The report focuses on the country’s commitment to reliable, affordable, and sustainable energy provision. India has solidified its position as a global leader in renewable energy adoption, currently ranking fourth globally in installed capacity, including wind and solar power. An impressive 43% of India’s total electricity capacity is now derived from non-fossil energy sources as of July 2023. The report underscores India’s ambitious goal of […] Read the full story here: https://lnkd.in/dgMBNY4g #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #greeninvestment #india #infomericsratings #marketoutlook #renewableenergy #report

Salestorrs, India just turned the marathon to a renewable future into a sprint. The south-asian country's renewable energy (RE) rose to 360 billion units in 2024 from 193.5 billion units in 2014. Its capacity has increased 175% from 75 gigawatts (GW) to 208 GW against its target of 500 GW renewable energy by 2030. India now ranks 4th globally in renewable energy installed and wind power capacity. Its solar energy capacity has grown 33 times since 2014. The most populous nation with the lowest per capita emissions among all G20 nations achieved two sustainability targets much ahead of time. Find out more in today's #SalestorrsNews150, news in 150 words. LINK IN COMMENTS BELOW. #Salestorrs #renewableenergy #sustainability #sustainablegoals #SDGs #NDC #Indiashining

𝐈𝐧𝐝𝐢𝐚 𝐡𝐚𝐬 𝐫𝐞𝐚𝐜𝐡𝐞𝐝 𝐚 𝐫𝐞𝐧𝐞𝐰𝐚𝐛𝐥𝐞 𝐞𝐧𝐞𝐫𝐠𝐲 𝐜𝐚𝐩𝐚𝐜𝐢𝐭𝐲 𝐨𝐟 𝟐𝟎𝟏.𝟒𝟓 𝐆𝐖, 𝐩𝐚𝐬𝐬𝐢𝐧𝐠 𝐭𝐡𝐞 𝟐𝟎𝟎 𝐆𝐖 𝐦𝐢𝐥𝐞𝐬𝐭𝐨𝐧𝐞. 𝑻𝒉𝒊𝒔 𝒓𝒆𝒑𝒐𝒓𝒕 𝒄𝒐𝒗𝒆𝒓𝒔: - Overview of India’s renewable energy mix - Top states leading in renewable energy - Major government schemes and programs - Key initiatives driving renewable energy growth 𝑪𝒐𝒏𝒄𝒍𝒖𝒔𝒊𝒐𝒏: India has made great progress in renewable energy, crossing 200 GW of installed capacity. This shows the country's strong push towards sustainable energy, using solar, wind, hydro, and bioenergy. Key initiatives like the National Green Hydrogen Mission and PM-KUSUM highlight the government's focus on increasing clean energy. With a goal of 500 GW from non-fossil sources by 2030, India is on track to become a global leader in renewable energy, boosting both environmental sustainability and energy security. Ministry of New and Renewable Energy (MNRE) | Press Information Bureau - India | Government of India #Renewable #India #Milestone #Energy #Global #Fuels #Initiatives

Our Energy & Renewables leaders, Ronnie Khanna and Vineet Bhatia, convened at the 21st edition of the Renewable Energy Summit organised by the India Energy Forum (IEF). They facilitated insightful discussions on exploring the strategic pathway toward achieving India's ambitious 500 GW renewable energy target by 2030. Highlighting the USD 600 billion investment opportunity, they emphasised reducing import dependence for sustainable growth. They also underscored energy storage as a key driver, advocating for its accelerated adoption for a resilient energy future. As a Knowledge Partner, we unveiled our latest report, 'Achieving 500 GW of Renewable Energy Capacity by 2030: An industry perspective,' in the presence of esteemed dignitaries, including Kuljit Singh Popli, Secretary-General IEF and former CMD IREDA, R. V. Shahi, President, IEF and former Secretary (Power), Bhupinder Bhalla, IAS, Secretary, Ministry of New and Renewable Energy (MNRE), Rajiv Gupta, CEO, NTPC, R P Gupta, CMD, SECI and Malti Goel, Convenor, Renewable Group, IEF.   Catch a glimpse from the event.   Click here to download the report: https://brnw.ch/21wH5S2 Ministry of New and Renewable Energy (MNRE) Neha Tiple | Khan Saba Nashit   #RenewableEnergy #IndiaEnergyForum #KnowledgePartnership #RenewableEnergySummit #Sustainability

🌱 ReNew Power: Leading India’s Clean Energy Transition 🌞 ReNew Power is making significant strides in India's renewable energy sector, focusing on wind and solar power projects. Their business model revolves around developing, owning, and operating large-scale renewable assets, with a substantial focus on long-term power purchase agreements (PPAs). This approach provides steady revenue while contributing to India's clean energy goals. 🌍 🚀 Key Highlights: Total income for FY24: ₹9,600 crores (approx.) Current renewable asset base: 15.6 GW (wind, solar, hydro) Earnings for 2024 (TTM): ₹600 crores, an 11.81% increase from 2023 📈 ReNew Power's journey from its inception in 2011 to becoming one of the largest renewable energy companies in India is truly inspiring. Their focus on sustainable practices, robust project execution, and disciplined growth is setting benchmarks in the industry. #RenewableEnergy #CleanEnergy #Sustainability #ReNewPower #WindEnergy #SolarEnergy #India #FinancialGrowth

𝗛𝗼𝘄 𝗰𝗮𝗻 𝘄𝗲 𝗽𝗼𝘄𝗲𝗿 𝗼𝘂𝗿 𝗲𝗰𝗼𝗻𝗼𝗺𝘆 𝘄𝗶𝘁𝗵 𝗿𝗲𝗻𝗲𝘄𝗮𝗯𝗹𝗲 𝗲𝗻𝗲𝗿𝗴𝘆 𝘁𝗼 𝗿𝗲𝗱𝘂𝗰𝗲 𝗴𝗿𝗲𝗲𝗻𝗵𝗼𝘂𝘀𝗲 𝗴𝗮𝘀 𝗲𝗺𝗶𝘀𝘀𝗶𝗼𝗻𝘀 𝘁𝗼 𝗻𝗲𝘁-𝘇𝗲𝗿𝗼? Some facts on the eve of the International Day for Clean Energy: 🔋 Renewable energy technology is ready and available. The International Renewable Energy Agency (IRENA) estimates that 90% of the world’s electricity can come from renewable energy by 2050. ↘️ Prices for renewable energy technologies are dropping rapidly, making it a more viable option for low- and middle-income societies. 💚 Adopting clean energy sources such as wind and solar, can also help address air pollution and related health concerns. 💼 A just transition to renewable energy will create jobs in clean energy and low-emission technologies. In India, Prime Minister Narendra Modi launched a new programme to install rooftop solar systems in 10 million households earlier this week. While addressing energy security and transition to non-fossil fuel sources, the programme will also tap into the immense potential within the residential sector. The success of this scheme hinges on learnings from ongoing programmes, efficient distribution company empowerment, and continuous refinement of the implementation model. For those seeking a deeper understanding of rooftop solar models, our blog based on a study on decentralised renewables in India offers insights into the diverse strategies employed in the sector: https://opm.global/3YByDiI #cleanenergy #renewableenergy #renewables #india

WELCOME TO THE FUTURE- As a renewable energy consultant in India, there are immense opportunities ahead considering the ambitious targets set by the government and the growing emphasis on renewable energy adoption. With a combined installed capacity of over 183 GW and a target of reaching 500 GW by 2030, the renewable energy sector presents a lucrative market for expansion and investment. The focus on green hydrogen production, with a target of 5 million tonnes by 2030 supported by 125 GW of renewable energy capacity, opens up avenues for innovative projects and partnerships in this emerging sector. Furthermore, initiatives such as the establishment of 50 solar parks, off-shore wind targets, and the promotion of activities eligible for carbon credit trading under Article 6.2 create additional avenues for growth and collaboration. In the Union Budget 2023, significant allocations and incentives have been earmarked for renewable energy projects, including the National Hydrogen Mission, battery energy storage systems, and pumped storage projects. The emphasis on infrastructure development, such as the ISTS infrastructure in Ladakh, underscores the government's commitment to facilitating renewable energy integration and transmission. As a renewable energy consultant, leveraging these opportunities requires a strategic approach to project development, technology deployment, and partnership building. By aligning with the national priorities outlined in SAPTARISHI and tapping into the funding support and regulatory frameworks provided, we (AVANT-GARDE) can position ourself as a key player in driving India's transition towards a sustainable and low-carbon future. In our pursuit of renewable energy solutions, we are dedicated to crafting a sustainable future that enriches the lives of generations to come. #RenewableEnergy #SolarPower #WindEnergy #Greenenergy

Renewable energy and green hydrogen are crucial for the global shift toward a low-carbon economy. Worldwide, renewable sources like wind and solar have seen rapid growth, with renewables accounting for 29% of global electricity generation in 2023, as reported by the International Renewable Energy Agency (IRENA). Green hydrogen is projected to grow by 40% annually over the next decade, becoming a key player in decarbonizing various industries. In India, the government is spearheading ambitious policies to enhance growth in the renewable energy and green hydrogen sectors. The National Solar Mission aims to achieve 100 GW of solar power capacity by 2030, while the Wind Energy Mission targets 60 GW of wind power capacity by the same year. Additionally, the recently launched National Green Hydrogen Mission is set to position India as a global leader in green hydrogen production, with a goal of producing 5 million tonnes annually by 2030. The Indian government is also promoting the development of green ammonia and other green derivatives through dedicated policies and pilot projects. Initiatives such as the Renewable Energy Purchase Obligation (RPO) mandate and various state-specific renewable energy policies are designed to drive investment and growth across these sectors. These comprehensive policies and strategic investments are expected to spur significant economic benefits, including job creation, reduced energy costs, and improved energy security. By advancing green technologies and fostering innovation, India is set to play a leading role in the global transition to a sustainable energy future. #RenewableEnergy #GreenHydrogen #SustainableFuture #CleanEnergy #IndiaGreenTransition #NetZeroEmissions #EnergyInnovation #GreenEconomy #SolarEnergy #WindEnergy #GreenAmmonia #SustainableGrowth #ClimateAction #EnergyPolicy #CleanTech #HydrogenEconomy #RenewableFuture #SustainableDevelopment #CarbonNeutral #GreenTech #CleanEnergyFuture #RenewableResources #EcoInnovation #EnergySustainability #GreenInitiatives #ZeroEmissions #SustainableEnergy #GreenPolicies #FutureOfEnergy #TechForGood #IndiaEnergyPolicy