India Renewable Energy refers to the sector in India dedicated to the generation and utilization of energy from renewable resources. This includes various forms of energy such as solar, wind, hydroelectric, and biomass energy. The aim of the India Renewable Energy sector is to provide sustainable, clean, and environmentally friendly energy solutions in order to reduce dependency on fossil fuels, combat climate change, and contribute to energy security.
India has made significant investments and commitments towards increasing its renewable energy capacity, setting ambitious targets for solar and wind energy installations. The government has implemented policies and incentives to promote the growth of renewable energy technologies, encourage private investments, and enhance infrastructure.
The country has considerable potential for renewable energy due to its geographic diversity, with vast solar potential in the western and southern parts, strong wind flows along coastal regions, and opportunities for hydroelectric power in hilly areas. The development of the renewable energy sector is also aligned with India’s commitments to global climate agreements and its efforts to achieve energy access for all citizens while promoting economic growth and sustainable development.
ONGC plans to invest $11.5 billion in renewable energy by 2030, significantly increasing its focus on green projects. The company aims to expand its energy capacity from 193MW to 10GW,…