After China and Brazil, India is the third largest job provider in the renewable energy sector. India’s renewable energy sector provides 8.24 lakh jobs, finds a study by International Renewable Energy Agency (IRENA).
The share of renewable energy in the country's power mix has increased from 23 per cent to 26 per cent in April-August period this fiscal, a senior official said on Saturday. Green energy's share increased at a time when the power sector witnessed sluggish demand due to the COVID-19 pandemic, he said.
"The share of renewable energy has increased from 23 per cent to 26 per cent from April to August 2020," Central Electricity Authority (CEA) chairman Prakash Mhaske said at a CII event.
Climate change has impacted India’s green economy, with wind energy generation during this year’ peak season being the worst ever due to low wind speeds on account of an erratic summer monsoon, said several project developers.
The Railways has embarked on a massive electrification drive and by 2023, the country will have the world’s largest 100 per cent clean energy-driven rail transport system, Union Minister Piyush Goyal said on Sunday.
With the commissioning of a two MegaWatt solar power plant on Thursday, Indian Institute of Management (IIM) Trichy is expected to bring down two-third of its conventional energy consumption.
The solar plant spread around an artificial lake on campus was installed at a cost of Rs14.20 crore. The project was sponsored by the Rural Electrification Corporation Limited (RECL) as part of its CSR initiative.
To catalyse cutting-edge solar cell manufacturing in India, NITI Aayog, the New and Renewable Energy Ministry, and Invest India are organising a global symposium virtually 'India PV EDGE 2020' on October 6, an official statement said. There will be a plenary session and subsequent sessions on 'Wafers and Cells', 'Modules and Production Equipment' and 'Supply Chain, it added.
Karnataka has pitched Bengaluru to Tesla, the world’s most valuable carmaker, as a potential location for a Gigafactory where it can manufacture electric cars and batteries, a state government official told ET.
Prime Minister of Madagascar Christian Ntsay inaugurated the solar power plant at the Embassy of India, Antananarivo on the occasion of the 151th birth anniversary of Mahatma Gandhi on Friday.
