APT Translations

"A significant part of this growth will come from the solar sector, driven by initiatives like PM Surya Ghar and PM KUSUM," Singh said. The solar module manufacturing capacity, which was 2 GW in 2014, has now surged to 60 GW, and is expected to exceed 100 GW by 2030, he added.

Verma laid out the challenges, stating that the steel sector, heavily reliant on coal, is a key contributor to emissions. "Steel is what you cannot live without, and its emissions are what we cannot live with," she remarked, noting that the sector is classified as a “hard to abate” industry due to its dependence on carbon for both energy and chemical processes in steelmaking.

Patel emphasized the significance of the contract, stating, “We are confident we will complete the project on time and provide value-added solutions to our client.” Tembo Global Industries recently entered the Solar MEP segment, aligning its growth with India’s rapidly expanding solar energy market, which aims for 300 GW of solar capacity by 2030.

The study, led by Prof. Kanishka Biswas, with contributions from Ivy Maria and Paribesh Acharyya, demonstrated that in the case of an all-inorganic two-dimensional halide perovskite, Cs₂PbI₂Cl₂, the local symmetry decreases with rising temperatures, while the global symmetry remains unaffected.

The ALMM Order, originally introduced to regulate the quality of solar photovoltaic modules used in large-scale solar projects, requires manufacturers to be listed on an approved list by MNRE. However, this order had raised concerns among stakeholders in the renewable energy sector, particularly regarding its applicability to projects that had already received approvals.

The solar projects supply electricity to major corporate clients, including Bharati Airtel, Motherson, Bharat Forge, STT, Nxtra Data, and Lumax, helping them meet their energy transition goals. The refinancing deal will help Avaada prepay its existing loans, reduce financing costs, and release capital for further deployment.

The combined renewable and nuclear power capacity now represents nearly half of India’s installed capacity. India’s total non-fossil fuel-based power generation, including 8,180 MW from nuclear power, is helping the country reduce its dependence on fossil fuels.

Prof. Sood linked India’s Human Development Index (HDI) growth with energy consumption, noting that as the country moves towards higher economic development, energy needs will rise substantially.

The Accelerated Partnership for Renewables in Africa (APRA) Investment Forum officially kicks off today in Nairobi to foster open dialogue, further the development of a robust project pipeline and mobilise large-scale investments to accelerate the energy transition and support the development of green industries within APRA countries.

The company’s Rs-1,000 crore solar cell expansion plan will be funded through an IPO to be launched in the next 12-18 months.