Tags: renewable energy target

No plan to slash 175 GW renewable energy target: Jt secretary of MNRE

Amid the Covid-19 outbreak and the nationwide lockdown the government has made it clear that it is no mood to slash 175 gigawatt of renewable energy capacity target, which was set for 2022. According to ET -Amitesh Kumar Sinha, joint secretary of the MNRE in a web conference organised by RE consultancy firm Bridge to […]

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Policy certainty will increase investment into India’s renewable energy space: IEEFA

Policy certainty will increase domestic and international investing into India, a new report out on Thursday by the Institute for Energy Economics and Financial Analysis (IEEFA) said. The report, India’s Renewable Energy Policy Headwinds – Recommendations for Urgently Accelerating Activity in the Renewable Energy Sector, finds a number of recent policy positions that have undermined […]

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India may find difficult to meet its 175 GW renewable energy target by 2022: CSE

India’s renewable energy (RE) sector seems to be losing steam, even as the total capacity has reached almost 86 GW by December 2019, says the latest State of India’s Environment Annual report, released here at the 2020 Annual Media Conclave and Anil Agarwal Dialogue. India has set itself a target of 175 gigaWatt (GW) RE capacity by […]

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India to achieve 450 GW of renewable energy by 2030: President

President Ram Nath Kovind on Friday said India has embarked on an ambitious target of having 450 GW of renewable energy by 2030 and provide 17 lakh solar pumps to farmers under Pradhan Mantri-Kusum Yojana in coming days to capitalise on this clean resource. As of December 2019, 86 GW of renewable energy capacity has […]

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Thermal power plants PLF remains subdue with increasing renewable generation: Study

Progress on stressed thermal power asset resolution remained slow as only 10 per cent of affected generation capacity witnessed resolution despite several steps taken by the government and lenders, ICRA said on Wednesday. Thermal power plants PLF (plant load factor or capacity utilisation) levels remain subdued with the increasing renewable generation and modest demand growth, […]

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India on track to achieve 175 GW of renewable energy target by 2022: R K Singh

Power and New & Renewable Energy Minister R K Singh on Tuesday exuded confidence that India will achieve 175GW of renewable energy target by 2022. “The target of having 175 GW of renewable energy by 2022 looks huge. But, today we have established 83 GW clean energy. About 29 GW of renewable energy is under […]

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MNRE downplays CRISIL’s recent report on renewable energy target

The Ministry of New and Renewable Energy (MNRE) has denounced a recent Crisil report that stated the ministry may miss the renewable energy target by 42 per cent, and asserted that the clean power capacity by 2022 will exceed the goal of 175 GW. The ministry termed the report as “ill founded”, factually incorrect and […]

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India already achieved half of its renewable energy target: Javadekar

Union Minister for Environment, Forest and Climate Change, Prakash Javadekar on Monday said that India has already achieved half of its renewable energy production target. The government plans to achieve 175GW of renewable energy capacity by 2022 as part of its climate commitments. Reportedly, India currently has an installed renewable energy capacity of around 80 […]

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Australia meets renewable energy target ahead of 2020

The Clean Energy Regulator has now approved enough capacity to guarantee that the Large-scale Renewable Energy Target of 33,000 gigawatt hours of additional renewable energy will be met in 2020. Today, the Clean Energy Regulator Chair David Parker announced this major milestone for renewable energy in Australia. “It is now certain Australia will generate enough […]

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Renewable energy capacity target of 175 Gw will be achieved: R K Singh

Power and New and Renewable Energy Minister R K Singh has exuded confidence that the renewable energy target of 175 gigawatt (GW) by 2022 would be achieved. Singh, who took the charge of the ministries in the second term of Modi government, said 80GW of renewable energy has been established while another 24GW is under installation. “The overall renewable energy established […]

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