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Perspective

Our planet requires comprehensive and urgent action!

The IPCC report, to summarize, is a code-red for humanity to take cognizance of the alarming human-induced climate change that is already affecting..

Budget 2022: Sovereign green bonds, battery swapping policy to help in achieving renewable energy goals, says SunSource CEO

  • 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

By Kushagra Nandan

Given the recent focus and announcements by the Prime Minister, the industry expects a highly progressive and growth-oriented Budget for the sector with a balance of spending and policy focus.

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.

Interview with Kushagra Nandan

"There is a growing demand for reliable clean power from C&I customers"

Renewable energy and upcoming structural reforms

What else can a RE developer wish for to be bullish to invest into Indian renewable energy - stronger market growth possibilities with long-term visibility, robust contractual framework, and resilient, timely and self-sufficient legal framework.

In an article a few days back, I said 'Solar, post the pandemic period, is likely to come out stronger’. At that point in 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 the Indian electricity

The Right Choice

By Kushagra Nandan, Co-Founder and President, SunSource Energy 

India, one of the fastest-growing economies in the world, aspires to be a $5 trillion economy by 2024. A prompt reaction to this would be a query whether India wants that $5 trillion economy to be based on sustainability indices or it wants an economy with high greenhouse gas emissions. At this juncture, where climate change is a pressing issue globally, the ultimate aim of an economy should be to provide equitable opportunities for its citizens with sustainability indices, which also include green economy.

Interview with Kushagra Nandan, President, COO & Co-Founder, SunSource Energy

SunSource Energy develops, engineers, procures, constructs, and operates solar power plants and projects, to help Clients in institutional, industrial, commercial and non-profit sectors use solar energy more intelligently and efficiently. Kushagra Nandan, President, COO & Co-Founder, SunSource Energy in an exclusive tête-à-tête with Santanu Mukherjee, Sr. Journalist, Saur Energy International shares about the challenges in the rooftop segment, strategy to move the business forward in the country, company’s ‘Be a Partner’ program, recent accomplishments and more.

 

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