Perspective
Why 2023 could be India's year to build a strong foundation for Energy Security
In summary, in 2023 with continued government support and underlying long-term market drivers, we can expect higher
levels of technology development, deeper engagement between renewable energy consumers and generators, and
higher levels of investment in the country.
The C&I market for renewables will explode over the next decade
Decarbonisation efforts have taken centre stage in India since our Hon’ble Prime Minister announced India’s Net Zero goals by 2070. India’s leadership of the International Solar Alliance has also brought considerable focus on solar energy.
Budget 2022: Sovereign green bonds, battery swapping policy to help in achieving renewable energy goals, says SunSource CEO
New Delhi: Finance Minister Nirmala Sitharaman, on Tuesday (February 1), presented the Union Budget 2022. During the Budget presentation, Sitharaman noted that with Budget 2022, the government will promote the energy transition and climate action.
Budget 2022: A prescription to boost the growth of the renewable energy industry
New Delhi: The recently concluded COP26 Summit deliberations saw Prime Minister Narendra Modi announce that India will increase the non-fossil fuel-based or renewable energy capacity to 500 GW by 2030. He also stated that India will achieve net-zero carbon emissions by 2070.
Renewable energy and upcoming structural reforms
In an an article few days back I said post the pandemic period, is likely to come out stronger’. At that point of time it was merely a projection based on our credentials, business understanding of the fundamentals of solar, and faith in the legal and regulatory framework of Indian electricity sector. However, the Ministry of Power on Friday afternoon, by issuing the much awaited structural electricity framework reform, has trulyreciprocated this faith, and aspirations we have as an Indian RE developer.