India's Solar Energy Share to Reach 46% by 2047
POWER & RENEWABLE ENERGY

India's Solar Energy Share to Reach 46% by 2047

In a forward-looking move, the share of solar energy in India's power capacity is projected to hit 46 percent by the year 2047, totaling a massive 856 gigawatts (GW). This projection comes from the ?India Energy Securities Scenarios 2047,? an analytical tool crafted by NITI Aayog, emphasizing a shift towards a sustainable energy future.

The scenario, labeled as Business-As-Usual (BAU), predicts a robust integration of solar energy, leveraging the rapid advancements in solar technology that enhance the efficiency of harnessing solar power. Despite these advancements, the precise estimation of land required for solar parks by 2050 remains uncertain, given the dynamic nature of technological progress in the solar sector.

Complementing this green transition, the Ministry of Environment, Forest, and Climate Change has put into effect the E-Waste (Management) Rules, starting from April 1, 2023. These rules are designed to address the disposal and recycling of used solar photovoltaic modules or panels, underscoring the importance of recovering valuable materials, as mandated by the Central Pollution Control Board (CPCB).

This development was detailed by Minister of State for New & Renewable Energy Shripad Yesso Naik in his written response to the Lok Sabha. By focusing on the recycling of solar infrastructure and advocating for environmentally sustainable energy solutions, the government marks a significant step in aligning India?s energy sector with global sustainability standards.

The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

In a forward-looking move, the share of solar energy in India's power capacity is projected to hit 46 percent by the year 2047, totaling a massive 856 gigawatts (GW). This projection comes from the ?India Energy Securities Scenarios 2047,? an analytical tool crafted by NITI Aayog, emphasizing a shift towards a sustainable energy future. The scenario, labeled as Business-As-Usual (BAU), predicts a robust integration of solar energy, leveraging the rapid advancements in solar technology that enhance the efficiency of harnessing solar power. Despite these advancements, the precise estimation of land required for solar parks by 2050 remains uncertain, given the dynamic nature of technological progress in the solar sector. Complementing this green transition, the Ministry of Environment, Forest, and Climate Change has put into effect the E-Waste (Management) Rules, starting from April 1, 2023. These rules are designed to address the disposal and recycling of used solar photovoltaic modules or panels, underscoring the importance of recovering valuable materials, as mandated by the Central Pollution Control Board (CPCB). This development was detailed by Minister of State for New & Renewable Energy Shripad Yesso Naik in his written response to the Lok Sabha. By focusing on the recycling of solar infrastructure and advocating for environmentally sustainable energy solutions, the government marks a significant step in aligning India?s energy sector with global sustainability standards.

Next Story
Infrastructure Transport

Sikkim chief minister discusses infrastructure projects with JICA

Sikkim Chief Minister Prem Singh Tamang held crucial talks with a delegation from the Japan International Cooperation Agency (JICA) to discuss ongoing and upcoming infrastructure projects in the state. The JICA team, led by Sunouchi Tatsuhiko, senior director of South Asia Division 1, provided updates on key infrastructure initiatives. The state’s roads and bridges department submitted a Preliminary Project Report (PPR) to the Department of Economic Affairs (DEA), Government of India, seeking approval for the upgrade of four roads and a bridge. Both sides discussed the potential benefits of ..

Next Story
Infrastructure Urban

India and Singapore sign semiconductors and digital cooperation pacts

India and Singapore have signed a significant bilateral agreement to collaborate in the semiconductor industry, aiming to boost India’s growing semiconductor sector while facilitating the entry of Singaporean companies into the Indian market. This development took place during Prime Minister Narendra Modi's two-day visit to Singapore, where both nations agreed to strengthen their relationship to a ‘Comprehensive Strategic Partnership’ ahead of the 60th anniversary of diplomatic ties next year. As part of the visit, several MoUs were signed, covering areas like semiconductors, digital co..

Next Story
Infrastructure Urban

Govt approves $10 billion semiconductor project by Tower and Adani

In a significant move, the Maharashtra government, led by Chief Minister Eknath Shinde, has approved a $10 billion semiconductor manufacturing project by Israel's Tower Semiconductor and the Adani Group. The project, to be set up in Panvel, Raigad district, will be executed in two phases with a total investment of Rs 849.47 billion and is expected to create 15,000 jobs. This decision comes just ahead of state elections and signals a major push for semiconductor manufacturing in India. Apart from the semiconductor project, the Maharashtra cabinet sub-committee also approved three other major pr..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000