India's Open Access Solar Capacity Doubles
POWER & RENEWABLE ENERGY

India's Open Access Solar Capacity Doubles

India's renewable energy sector is experiencing rapid expansion, as highlighted in a recent report by Mercom India Research. The report indicates that domestic open-access solar capacity has doubled to 1.8 GW in the January-March quarter. This surge reflects the country's ongoing commitment to renewable energy and its efforts to reduce reliance on fossil fuels.

Key players in India's renewable energy landscape, such as solar power developers and industry stakeholders, are actively contributing to this growth. The doubling of open-access solar capacity signifies a substantial milestone in India's transition towards a cleaner and more sustainable energy future. It also reflects the increasing adoption of solar energy solutions by businesses and industries seeking cost-effective and environmentally friendly power sources.

The report's findings underscore India's continued efforts to meet its renewable energy targets and reduce carbon emissions. The country has set ambitious goals, including achieving 450 GW of renewable energy capacity by 2030. This includes a significant focus on solar power, which plays a pivotal role in India's renewable energy mix.

The rise in open-access solar capacity also indicates a growing interest among businesses and industries in leveraging solar energy to meet their power needs. Open-access models enable consumers to directly source renewable energy from solar farms, offering both economic and environmental benefits.

India's renewable energy sector is poised for further growth and innovation, driven by favorable policies, technological advancements, and increasing awareness of the importance of sustainable energy sources. The doubling of open-access solar capacity reflects a positive trend towards a cleaner and more resilient energy ecosystem in India, aligning with global efforts to combat climate change and promote renewable energy adoption.

India's renewable energy sector is experiencing rapid expansion, as highlighted in a recent report by Mercom India Research. The report indicates that domestic open-access solar capacity has doubled to 1.8 GW in the January-March quarter. This surge reflects the country's ongoing commitment to renewable energy and its efforts to reduce reliance on fossil fuels. Key players in India's renewable energy landscape, such as solar power developers and industry stakeholders, are actively contributing to this growth. The doubling of open-access solar capacity signifies a substantial milestone in India's transition towards a cleaner and more sustainable energy future. It also reflects the increasing adoption of solar energy solutions by businesses and industries seeking cost-effective and environmentally friendly power sources. The report's findings underscore India's continued efforts to meet its renewable energy targets and reduce carbon emissions. The country has set ambitious goals, including achieving 450 GW of renewable energy capacity by 2030. This includes a significant focus on solar power, which plays a pivotal role in India's renewable energy mix. The rise in open-access solar capacity also indicates a growing interest among businesses and industries in leveraging solar energy to meet their power needs. Open-access models enable consumers to directly source renewable energy from solar farms, offering both economic and environmental benefits. India's renewable energy sector is poised for further growth and innovation, driven by favorable policies, technological advancements, and increasing awareness of the importance of sustainable energy sources. The doubling of open-access solar capacity reflects a positive trend towards a cleaner and more resilient energy ecosystem in India, aligning with global efforts to combat climate change and promote renewable energy adoption.

Next Story
Real Estate

UP Housing Board Finalises 40-Acre Development Plan in Vasundhara

The Uttar Pradesh Housing and Development Board (UPHDB) has finalised a 40-acre development plan in sectors seven and eight of Vasundhara, Ghaziabad, under a mixed land use model. The layout includes a 10-acre satellite centre for the All India Institute of Medical Sciences (AIIMS) and two major plots of 20 and 10 acres for group housing and commercial use. According to officials, the project falls under the Transit-Oriented Development (TOD) zone of the Regional Rapid Transit System (RRTS) corridor, with the Sahibabad Namo Bharat station located nearby. The auction process for the plots is e..

Next Story
Infrastructure Urban

Marubeni To Invest Rs 10 Billion in Telangana’s Future City Industrial Park

Japanese conglomerate Marubeni Corporation has signed a Letter of Intent with the Telangana government to develop a next-generation industrial park in the state’s upcoming Future City. The announcement was made during the official visit of the Telangana Rising delegation, led by Chief Minister A Revanth Reddy, to Japan. Marubeni has proposed an initial investment of Rs 10 billion to develop the industrial park in phases over 600 acres. The park will cater to Japanese and other multinational firms seeking to establish manufacturing operations in Hyderabad. The proposed development is expect..

Next Story
Infrastructure Urban

Assam CM Launches Projects Worth Over Rs 1 Billion in Karbi Anglong

Assam Chief Minister Himanta Biswa Sarma inaugurated development projects worth over Rs 1 billion on the first day of his two-day visit to Karbi Anglong. At a public event near Rengbonghom H S School in Diphu, the Chief Minister launched road and bridge upgrades aimed at transforming regional connectivity. Speaking at a separate programme focused on Anganwadi Centres, Sarma distributed pre-school kits and emphasised the importance of early education in building a strong academic foundation. He also assured that remuneration for Anganwadi workers and helpers would be increased from 1 October, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?