APT Translations

The partnership is aimed at enhancing knowledge exchange on market mechanisms and fostering cooperation between India and hydrogen-importing countries.

This deviates from the traditional practice of allocating a percentage of electricity generated at no cost to the host state. The move is part of broader government efforts to bolster energy storage as India transitions to a renewable energy-driven economy.

During the panel discussion on "Implementing DigiTech for Renewable Energy," industry leaders highlighted the role of digitalization, data classification, and emerging technologies like digital twins in transforming the sector.

The guidelines direct companies to ensure a minimum capital ratio of 30 Percent for solar PV projects. Previously, that standard applied only to polysilicon manufacturing projects while the minimum for other PV projects was 20 Percent .

Experts at the ET Energyworld SmartEnergy Summit 2024, during the panel discussion on "Transforming Indian Power Sector: Scaling Up Digital," emphasized the importance of robust governance, advanced technologies, and coordinated strategies to ensure resilience against evolving threats.

India’s renewable energy (RE) capacity additions are expected to exceed 35 gigawatts (GW) annually over the next two years, driven by a robust pipeline of more than 100 GW, according to CareEdge Ratings. The country installed 18.5 GW of RE capacity in FY24, reflecting a 21% growth over the previous fiscal year.

Speaking at a panel discussion on "Accelerating Digital Transformation in Energy," leaders from the energy sector emphasized the importance of quality assurance, advanced technologies, and workforce development to achieve a seamless energy transition.

NTPC will focus on gigawatts (GW)-scale solar power projects and limit wind and battery storage projects to 10% of the green portfolio, company chairman Gurdeep Singh said on Tuesday, even as the Rs 10,000 crore IPO of its green arm NGEL got subscribed 33% on the opening day.

These structures, often featuring distinctive tilted roofs for solar energy capture, aim to offset the substantial carbon emissions associated with construction.

The two leaders held the 2nd India-Australia Annual Summit on the sidelines of the G20 Summit in Rio de Janeiro during which they reiterated their commitment to further advance the Comprehensive Strategic Partnership in myriad areas like defence & security, trade & investment, education, skills, sports, space, mobility & people-to-people ties.