Renewable energy is fast gaining focus for its potential to meet India’s growing energy needs. The ambitious target for renewable energy—175GW by 2022— with plans to expand further has spurred the market for renewables. The introduction of enabling policies and implementation plans for wind and solar, both at the national level and across various states, is a welcome development. Still, much more need to be done.
Shakti Sustainable Energy Foundation (Shakti) supports several efforts to mainstream renewable energy, such as wind and solar, in the overall energy mix of the country. Shakti focuses on strengthening policies and regulations that promote renewable energy, developing a flexible electricity grid that is capable of handling high penetration of renewable energy, mobilizing finance for renewable energy projects and assisting state-level agencies to deploy large-scale renewable energy.
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India's ambitious target of 175 GW renewable energy by 2022 will require an estimated 120,000 hectares of land at a deployment rate of over 10 GW over 15,000 hectares of land each year. The issue of land availability is viewed as a major hurdle to meeting this target. Lessons from other parts of the world suggest it is possible to fast-track...Read more
The Green Power Market Development Group (GPMDG) India is an industry-led initiative aimed at rapidly increasing the share of renewable energy in the overall energy consumption of commercial and industrial establishments. GPMDG works towards finding solutions to the policy, regulatory and market barriers that currently impede the growth of the...Read more
The Government of India has ambitious plans to scale up renewable energy, and stakeholders are deliberating cost-effective ways to integrate a largeever increasing quantum of renewables with the power system. A challenge being faced today is the lack of robust data on renewable energy, which confines limits the understanding ability of...Read more
The momentum for renewable energy has increased at a rapid pace, and especially so for solar and wind energy. India's ambitious renewable energy target of 175 GW by 2022 makes it imperative to assess the challenges of domestic availability and manufacturing of different renewable components. It is also necessary to create enabling policy and...Read more
With the ratification of the Paris Agreement, India has committed to clean and renewable energy targets. However, there are several myths and perceptions regarding renewables, which restrict the mainstreaming of renewable energy in the country. For example: renewable energy is expensive, it requires too much land, and can lead to instability in...Read more