APT Translations

"Over the years, the importance of renewable energy in India has only grown upwards. In a country of 1.4 billion people, we cannot secure our future if you do not adopt a model of sustainable development," the senior member from JD(S) asserted.

"Over the years, the importance of renewable energy in India has only grown upwards. In a country of 1.4 billion people, we cannot secure our future if you do not adopt a model of sustainable development," the senior member from JD(S) asserted.

Rooftop solar (RTS) power generation capacity under the ambitious PM Surya Ghar Muft Bijli Yojana has now crossed the 100 MW mark in Maharashtra, an official has said.

Speaking at the 2nd Energy Summit of the Indo-American Chamber of Commerce, themed ‘Climate Change and Decarbonization of Indian Economy – Vision 2030’, Heimer highlighted the growing partnership and potential for increased collaboration in the renewable energy sector between the two nations. “In India, we see so many opportunities for collaboration in the energy segment. With that reason, we have established a strong presence in India,” he said.

Addressing the challenges of decarbonization in the context of India's developmental needs, Kumar emphasized the urgency of adopting green technologies despite high costs and strict intellectual property regimes.

In its financial summary released on August 2, 2024, SECI also noted an increase in total income, which reached ₹13,135.80 crore in FY24, rising from ₹10,864.43 crore last year.

"For example, the share of coal to our power basket is already 50 per cent. We are now adding capacity to our coal plants. Recently, 13.9 GW coal fixed power plant was installed...It means we are promoting coal on one side and Adani, sometimes I doubt whether Adani Group is dictating the power policy of our government," he said.

The order entails the supply of Inox Wind's latest 3 MW Wind Turbine Generators (WTGs) along with post-commissioning multi-year operations and maintenance (O&M) services. The project is set to be implemented across four states: Madhya Pradesh, Rajasthan, Karnataka, and Maharashtra.

Equity infusion to fund FPEL’s business expansion plans – firm targets 3.5 GW renewable energy asset portfolio by 2026

In the voluntary market, companies can buy credits from projects such as wind farms or reforestation schemes across the world and use them to meet their internal carbon-cutting targets. All the credits that fell short of the benchmark in the latest assesement were linked to renewable energy.