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India’s renewable energy sector set for major growth

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India’s renewable energy sector has made significant strides, with installed capacity surpassing 200 gigawatts (GW) and projections of investment doubling to over Rs 2.75 trillion by 2025. According to the International Energy Agency (IEA), India’s annual renewable capacity additions are set to grow faster than any other major economy, including China, with expectations for the country’s capacity to more than quadruple from 15 GW in 2023 to 62 GW by 2030. Union Minister for New…

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India’s renewable energy capacity addition doubles to 15 GW in FY24

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India has added nearly 15 GW of renewable energy capacity between April and November this financial year, almost double the 7.54 GW added during the same period last year.  Speaking at the CII International Energy Conference 2024, Union Minister Pralhad Joshi highlighted India’s growing leadership in the global clean energy sector. The country’s installed non-fossil fuel capacity now stands at 214 GW, up 14 per cent year-on-year. In November 2023 alone, 2.3 GW of renewable…

Power Sector News Roundup for December 11, 2024

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Global: Canada announces C$1 billion funding for clean energy projects. BP and JERA to form offshore wind joint venture. EU to prioritize geothermal energy to reduce reliance on Russian gas. Jacobs partners with Terra Solar for energy project in the Philippines. TNB and Sembcorp to export 50 MW renewable energy to Singapore. Arevon Energy starts up Eland 1 Solar plus Storage Project in California. Iberdrola secures license for 274 MW wind project in Portugal. Davidson…

Institutional Infrastructure of Energy in India

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India’s energy sector is supported by a vast and multi-tiered institutional infrastructure that includes ministries, regulatory bodies, public sector undertakings (PSUs), and research institutions. These entities work together to manage, regulate, and oversee energy production, distribution, and policy implementation. Below is an overview of the key institutions involved in India’s energy landscape. Ministries Ministry of Power (MoP): The Ministry of Power is responsible for developing and managing the country’s power sector. It oversees electricity generation,…