Sungrow Power Supply Co., Ltd.’s Post

Empowering Solar Initiatives: India’s Rs 100 Crore Commitment to Global Renewable Energy via the International Solar Alliance India is actively advancing its commitment to renewable energy and power, aligning with the G20 New Delhi Leaders’ Declaration, which emphasizes the goal of tripling global renewable energy capacity by 2030. The Union Minister for New & Renewable Energy and Power, Shri R. K. Singh, highlighted several key initiatives undertaken by the Indian government. One significant stride is the announcement of an annual bidding trajectory for 50 GW of renewable energy capacity for the next five years, starting from the financial year 2023-24. Additionally, a trajectory for Renewable Purchase Obligation (RPO) up to 2030 and the release of the Procedure […] Read the full story here: https://lnkd.in/dGRxr39w #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #greenfinance #india #isa #mnre #plischeme #renewableenergy #solarpvplants

Exciting news from Lakshadweep! 🌞 Prime Minister Narendra Modi inaugurated the region's first on-grid #solarproject with #batterystorage a significant step towards a greener and sustainable future. Developed by Solar Energy Corporation of India Limited (SECI) and executed by SunSource Energy, the project boasts a 1.7 MW solar capacity and a 1.4 MWh battery storage system across Kavaratti and Agatti islands. This initiative not only marks a shift from diesel-based power to clean energy but is expected to reduce diesel consumption by 190 lakh liters, offsetting 58,000 tonnes of CO2 emissions. A game-changer for Lakshadweep's energy landscape, the project aligns with national objectives for promoting green energy and fostering sustainable solutions. Kudos to SECI, SunSource Energy, and Lakshadweep Energy Development Agency (LEDA) for this remarkable achievement! 🌏🔋 #solarenergy #greentech #sustainability #renewablefuture #solarpowered #solarpowerplant #solarpower #solarinstallation #carbonemissions

Jakson Green takes a monumental step towards bolstering India's renewable energy landscape with a landmark Power Purchase Agreement (PPA) signed with Solar Energy Corporation of India Limited (SECI). This agreement solidifies Jakson Green's role as a leading Independent Power Producer, marking a significant milestone in the nation's journey towards sustainability. Under the PPA, Jakson Green will spearhead the development of grid-connected #solarprojects aiming to power 100,000 households annually while curbing 188,000 MT of carbon emissions yearly. Mr. Kannan K, Joint MD of Jakson Green, expressed his enthusiasm for the collaboration, emphasizing its pivotal role in India's clean energy transition. With this agreement, Jakson Green propels towards its goal of 1 GW in owned and under-development assets, reaffirming its commitment to India's renewable energy future. #renewableenergy #cleanenergy #sustainability #solarpower #growth #india

With the #rooftopsolar ecosystem experiencing a significant turning point with the introduction of the #PMSuryaGharYojana2024, this initiative marks a pivotal moment in India’s renewable energy journey, particularly in the residential and Commercial & Industrial sectors. Ecofy Swapnil Wakade Amit Shukla Luminous Power Technologies (P) Ltd #solarenergy #renewableenergy #EnergeticaIndia

South India, with its long coastlines, ample sunshine, and windswept hills, presents a golden opportunity for businesses in the renewable energy sector. With a focus on #sustainability and #cleanenergy, the region is witnessing a rapid expansion in solar, wind, and other renewable energy projects. This creates a dynamic landscape ripe for #innovation and entrepreneurial ventures. RenewX #solarenergy #renewableenergy #EnergeticaIndia

Exciting Feature Alert! Our esteemed Director Sumit Mehta was recently interviewed in SolarQuarter Magazine, shedding light on innovative trends in the solar industry and our company's role in shaping a sustainable future. Don't miss out on these insightful perspectives! #pixon #pixonsolar #solarpower #adoptingnewenergy #renewableenergy #energy #technology #india #cleanenergy #greenenergy #modulemanufacturer #solarmodules #solarpanels #sustainablefuture #solarenergy #solar #manufacturing #magazine

Indus Towers Partners with NTPC Green Energy to Scale Up Renewable Energy Projects Nationwide Indus Towers Ltd, a prominent infrastructure provider for mobile telecommunications in India, has recently signed a Memorandum of Understanding (MoU) with NTPC Green Energy, a subsidiary of the National Thermal Power Corporation (NTPC), to jointly develop grid-connected renewable energy projects. This partnership aims to significantly enhance Indus Towers’ renewable energy capabilities to Giga Watt scale across its nationwide operations, aligning with its Net Zero ambitions. The collaboration marks a strategic move by Indus Towers to integrate more sustainable energy solutions into its business model, which includes the provision of tower, power, and space solutions, as well as innovations in smart […] Read the full story here: https://lnkd.in/d9erahD2 #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #batterystorage #electricvehicle #india #industowers #mou #ntpcgreenenergy #partnership #renewableenergy

Continuum Green Energy has secured $150 million in equity funding from Just Climate to bolster its renewable energy projects across India. This investment will enable Continuum to expand its wind, solar, hybrid power, and energy storage capacities, addressing the growing demand for clean energy from commercial and industrial consumers. With a strong focus on sustainability, Continuum aims to add 1.3 GW to its current 2.2 GW capacity over the next two years. This partnership with Just Climate, which aligns with their mission to drive industrial decarbonization in the Global South, is a significant step forward. Just Climate’s investment, sourced from their $1.5 billion Climate Asset Fund I, underscores the global commitment to reducing greenhouse gas emissions. This move also highlights Continuum’s continued success in attracting diverse investment, following their previous $650 million in bond issuances. #renewableenergy #cleantech #industries #decarbonization #india #investment #funding #solar #renewables

CECL commends the comprehensive analysis by Promit Mookherjee, Gopalika Arora, and Shamika Ravi from the Observer Research Foundation on India's readiness for renewable energy adoption. Their multi-state survey provides a granular look at the consumer dynamics that are crucial for achieving our ambitious 2030 renewable energy targets. The study astutely points out the discrepancy between the potential and actual adoption rates of rooftop solar (RTS) across commercial, industrial, and residential segments. Particularly in the industrial sector, the finding that smaller enterprises are disproportionally affected by electricity costs underscores the necessity for tailored financial solutions. This insight can catalyze the development of targeted subsidies and financing options, propelling RTS adoption across varied business sizes. The report also highlights the persistent operational challenges faced by larger industries in maintaining RTS installations. As a company at the forefront of the wind energy sector, CECL understands the significance of robust maintenance frameworks. Hence, extending such frameworks to encompass RTS could significantly enhance consumer satisfaction and system longevity. Furthermore, the report’s revelation that most industrial and residential consumers prefer purchasing renewable electricity directly from the grid opens avenues for innovative power purchase agreements, benefitting consumers and utilities alike. Key takeaways for the industry include the need for greater awareness programs, more competitive financing options, and policy interventions that support both grid-based and decentralized renewable solutions. As we move forward, CECL sees an opportunity in collaborative efforts between the government, financial institutions, and renewable energy companies to address the highlighted barriers. The promotion of decentralized energy solutions alongside grid-scale projects will be crucial. We encourage the LinkedIn community to share their views on how we can collectively bridge these gaps and what other innovative strategies could be employed to accelerate renewable energy adoption in India. #RenewableEnergy #SolarPower #CleanTech #Sustainability #EnergyTransition #GreenEnergy #DecentralizedSolutions #ClimateAction #SustainableDevelopment #RenewableAdoption

The renewable energy sector is a key player in the Voluntary Carbon Market, offering a powerful way to drive climate action and create lasting impact. With global renewable capacity surpassing 3,600 GW in 2024 (IRENA, 2024) and the potential to reduce up to 5 billion tons of CO2 annually by 2030, investment in renewables isn't just beneficial—it's transformative. Let's lead the charge toward a sustainable, low-carbon future. India is leading the way in the renewable energy revolution, with ambitious targets and rapid growth. As of 2024, India has installed over 175 GW of renewable energy capacity, making it one of the largest renewable energy markets globally. The country aims to reach 500 GW by 2030, with a significant focus on solar and wind energy (MNRE, 2024). By investing in India's renewable landscape, your company can be part of this dynamic growth and contribute to a greener, more sustainable future. #solarenergy #renewableenergy #reprojects #climateaction #voluntarycarbonmarket #carbonmarkets #windpower Vamsi Krishna M Anil Kumar V Nagaraju Bellapu Narendra Kumar R Neelesh Sachdeva Vipan Chand Waila International Renewable Energy Agency (IRENA)