Shubham Singh’s Post

India Launches Joint Center with TERI for Sustainable Energy Transition and Renewable Energy Innovation The Union Minister for Power and New & Renewable Energy, R. K. Singh, has announced the launch of a Center for Energy Transition, a joint venture between the Indian government and The Energy and Resources Institute (TERI). The declaration came during the 23rd World Sustainable Development Summit held in New Delhi. The Minister highlighted the center’s role in identifying pathways for sustainable energy transition and fostering innovation within the renewable energy sector. During the summit session themed “Energy Transitions for People, Peace, Prosperity, and our Planet,” Minister Singh emphasized India’s leadership in climate action and energy transition. He cited India’s […] Read the full story here: https://lnkd.in/dgpr3qRm #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #centerforenergytransition #electricvehicle #greenhydrogen #india #mnre #renewableenergy #theenergyandresourcesinstitute(teri)

Our Director – BD & Commercial, Naveen Munjal, shared insights in the latest story of Infrastructure Today Magazine, which discusses "India’s Green Dreams: An Infinite Horizon." In this article, Naveen talks about the PM Surya Ghar Yojana and its potential to create jobs and reduce dependency on fossil fuels. The story sheds light on India's ambitious efforts to transition to renewable energy, highlighting government initiatives, economic and environmental benefits, and the challenges faced in becoming a global leader in green energy. #ApraavaEnergy #EnergyInAction #PMSuryaGhar

As the new government takes the helm, it holds the keys to India's destiny. At the heart of this transformation lies a profound commitment to renewable energy and sustainability. By prioritizing renewable energy, job creation, and holistic sustainability, we pave the way for a brighter tomorrow. Together, let's seize this moment, embrace the challenge, and build a future where progress knows no bounds. Read our full article here - https://lnkd.in/gs-V4XMc #renewableindia #sustainableIndia #renewableenergy #greenfuture #sustainablefuture #renewableenergysources #economicprosperity #election2024 #postelectionera #politics #india #greencreditinitiative #greenertomorrow #sustaianblepractices

I applaud the Union Government's decision to join the international 16-member Energy Efficiency Hub. This move strengthens our commitment to sustainable development and renewable energy goals. Through this membership, India will gain opportunities for global collaboration, access cutting-edge technologies and enable knowledge exchange. This will establish India as a key player in the global energy sector, helping achieve our net-zero carbon emissions target by 2070 and 500 GW renewable energy capacity by 2030. India's active contribution to the global energy efficiency and security dialogue is vital for a sustainable future. Together, we can create a brighter future benefiting both people and the planet. #EnergyEfficiency #EnergySecurity #Sustainability #RenewableEnergy

India's journey towards a sustainable energy future is commendable, but it is not without its challenges. As the nation continues to expand its renewable energy capacity, several hurdles must be addressed to ensure a successful transition. - Grid Infrastructure: Integrating renewable energy sources like solar and wind into the existing power grid is complex. Upgrading the grid to handle intermittent power supply and ensuring stability is a significant challenge. - Energy Storage: Developing efficient and cost-effective energy storage solutions is crucial for managing the variability of renewable energy. Advances in battery technology and other storage methods are needed to provide a consistent power supply. - Financing and Investment: Sustaining the momentum in renewable energy requires substantial investments. Attracting both domestic and international funding while ensuring favorable policies and incentives remains a key challenge. - Policy and Regulation: Creating a supportive regulatory framework that encourages innovation and investment while addressing the needs of different stakeholders is essential. Streamlining approval processes and reducing bureaucratic hurdles can accelerate project implementation. - Technology and Innovation: Continuous advancements in renewable energy technologies are necessary to improve efficiency and reduce costs. Investing in research and development and fostering innovation ecosystems are critical for maintaining progress. - Skilled Workforce: Building a skilled workforce capable of supporting the renewable energy sector is vital. Training and education programs must be expanded to equip workers with the necessary skills for emerging green technologies. - Environmental and Social Impact: While renewable energy projects are environmentally beneficial, their implementation can sometimes lead to social and ecological concerns. Balancing development with environmental conservation and community interests is crucial. - Public Awareness and Acceptance: Raising awareness and gaining public support for renewable energy initiatives is important. Educating communities about the benefits of renewable energy and addressing any misconceptions can foster broader acceptance and participation. Navigating these challenges requires collaborative efforts from the government, private sector, and civil society. By addressing these obstacles head-on, India can continue to lead the way in the global transition to sustainable energy. Together, we can build a resilient and sustainable future. #RenewableEnergy #pvcells #pvmodules #solarenergy#windenergy #solarpark #EPC #greenhydrogen #fuelcells #greenamonia #Sustainability #GreenEnergy #India #EnergyTransition #ClimateAction #Innovation #SustainableFuture

#Budget 3.0 Exclusive: Sachidanand Upadhyay, Managing Director of Lord's Mark Industries Ltd., commends the Union Budget 2024-25 for its robust commitment to renewable energy, aligning perfectly with India’s ambitious goals. Presented by Finance Minister Nirmala Sitharaman, the budget highlights pivotal advancements in India’s renewable sector, particularly solar energy, which is essential for achieving the target of 500 GW of renewable energy by 2030. Sachidanand Upadhyay notes, "The Union Budget not only underscores our nation's dedication to energy security but also significantly contributes to our climate change mitigation efforts." The budget introduces several forward-looking initiatives, such as the PM Surya Ghar Muft Bijli Yojana, to boost the adoption of rooftop solar installations across India. This initiative is part of a broader strategy to reduce dependency on fossil fuels and promote sustainable energy solutions. "With 1.28 crore registrations and 14 lakh applications already, the response has been overwhelmingly positive, reflecting a strong public endorsement of sustainable energy practices," Sachidanand Upadhyay adds, highlighting the government’s substantial financial commitment to the sector. Lord's Mark Industries is actively contributing to this green transition, having recently secured a significant project to establish 50 MW of grid-connected rooftop solar projects in Uttar Pradesh. This project is a testament to the company's commitment to supporting India's net-zero emissions goal by 2070. Sachidanand Upadhyay concludes, "Our initiatives are in direct synergy with the government's policies, driving us closer to a sustainable future." The firm's efforts exemplify the industry's role in enhancing India's energy landscape, promising a cleaner, more sustainable environment for future generations. #UnionBudget2024 #RenewableEnergy #SolarPower #SustainableIndia #LordsMarkIndustries #NetZero2070

🌞Budget 2024 and India's Solar Brilliance - What can we expect? 👉Capital Boost: Stakeholders urge increased funding for bioenergy, solar, and wind projects to accelerate the transition to renewable energy. 👉Tech Independence: Calls for measures promoting indigenous development, technology transfer, and local manufacturing to reduce reliance on solar panel imports. 👉GST Reduction: A plea for lower GST rates on solar components and electrolyzer manufacturing to enhance the affordability of green energy. 👉Innovative Policy: Introduction of Green Hydrogen Purchase Obligations (GHPOs) to create a guaranteed market, catalyzing investments and reducing project risks. 👉Collaborative Approach: Industry leaders emphasize workforce development through AI-driven tech, infrastructure strengthening, and affordability measures for clean fuel sources. In summary, the solar sector envisions a budget that not only allocates funds but also encourages independence, affordability, and innovation for a sustainable and green future. #SolarSector #GreenEnergy #BudgetExpectations #FYBudget25 #UnionBudget #CreditFair #SolarLoans

Is India's 500GW Renewable Energy Goal a Reality Check or Moonshot? ☀️ #India #RenewableEnergy India's plan to hit 500GW of renewable energy by 2030 is gaining traction! A recent Green Energy conference fueled optimism, but can we reach the finish line? Key Green Glimmers: Govt. on board: Bigwigs at the Ministry of New and Renewable Energy (MNRE) are bullish! Focus on energy conservation: Saving energy is just as important as generating it! Funding the future: Big thinkers are hashing out ways to finance sustainable projects. Challenges to Tackle: Land hurdles & grid gaps need to be bridged. ️⚡️ Financing needs a green boost from institutions like SIDBI(Small Industries Development Bank of India). Collaboration is key to bridge the gap between investors and developers. Overall, the future is looking bright! India is on track for a cleaner, more sustainable tomorrow. What do you think? Can India reach 500GW? Share your thoughts! #Sustainability #ClimateAction #WorldBank https://lnkd.in/gD_ywik3

As India prepares to unveil its Union Budget for 2024-25, the green energy sector is poised with anticipation, advocating for pivotal policy support to boost sustainable energy initiatives. Industry leaders have put forth a comprehensive wishlist, ranging from enhanced subsidies and research funding to favorable tax regimes and streamlined processes, all aimed at propelling the country toward its ambitious renewable energy goals and solidifying its position in the global clean energy landscape. Story by: Saurav Anand #UnionBudget #RenewableEnergy #GreenEnergy #PolicySupport

How to make each $$ count ⬇️ We need more of this thinking.