Renewable energy sector in India sees major growth potential: SEforALL

04 Nov 2024 CW Team

According to an international sustainable development agency based in Vienna, there is significant growth potential for the renewable energy sector in India due to the country's increasing energy demand and rapid industrialisation, which requires all available energy resources, including solar and wind. Kanika Chawla, Director and Chief of Staff at 'Sustainable Energy For All' (SEforALL), stated that the Indian government has demonstrated a strong and ongoing commitment to renewable energy.

In an interview with PTI during the Singapore International Energy Week held from October 21-25, Chawla noted that more manufacturing of renewable energy solutions is taking place within India, which enhances energy security and reduces dependence on imports.

She explained that India is implementing policies such as performance-linked incentives to boost manufacturing, which she praised as commendable and beneficial for the economic prosperity of the people through energy access. Chawla also recognized that clean energy solutions are highly job-intensive, with each kilowatt-hour of renewable energy generating three times as many jobs compared to thermal energy.

Chawla mentioned that India is exploring geothermal energy options in regions like Himachal Pradesh, Kashmir, and Ladakh, and highlighted that offshore wind energy exploration is currently underway, with significant potential in states like Gujarat and Tamil Nadu.

She pointed out that India is a price-sensitive market, emphasizing the need to reduce the cost of renewable energy units. She noted that solar prices have dropped significantly over the past decade, making solar energy the most affordable renewable energy source globally. Given the country's strong demand for electricity, she underscored the importance of incorporating wind energy into the national energy mix.

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..