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Renewable energy investments to surge 83% to $16.5 billion in 2024

This is in line with India s ambitious target of having 500 GW of renewable energy by 2030 and its resolve to reduce overall power generation capacity from fossil fuels to less than 50 per cent. India has committed a net zero emission target by 2070. ....

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Renewable energy investments to surge 83 pc to USD 16.5 billion in 2024

Renewable energy investments to surge 83 pc to USD 16.5 billion in 2024
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renewable energy investments: Renewable energy investments to surge 83 pc to USD 16.5 billion in 2024

In an interview to PTI, R K Singh said, "India is likely to witness 25 GW of renewable energy capacity addition entailing an investment of Rs 1,37,500 crore (about USD 16.5 billion) in 2024 calendar year, which would be higher than 13.5 GW with an investment of Rs 74,250 crore (nearly USD 9 billion) seen in 2023." ....

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India's energy shift: Major growth in renewables sets stage for a green 2024

Marking a significant milestone in India s green energy chronicle was the launch of the National Green Hydrogen Mission. The government s resolve in augmenting renewable energy was further underscored by its plan to infuse 50 GW of renewable energy capacity annually till FY28. ....

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Sustainable hydrogen push to biofuels pact: India's long green strides in 2023

India s energy transition journey gains traction with the launch of the National Green Hydrogen Mission and plans to add 50GW of renewable energy capacity annually. ....

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