The Rajasthan Investment Promotion Scheme 2024, introduced by the state government of Rajasthan, aims to boost investments in renewable energy, battery energy storage systems, and green hydrogen by offering a range of incentives. One key benefit for renewable energy units is the waiver on Pollution Control Board fees for obtaining necessary certifications, which streamlines regulatory processes and reduces initial compliance costs. The Bureau of Energy Efficiency has also approved ten sectors for the Carbon Credit Trading System, including renewable and non-renewable energy sectors, industries, transport, and carbon capture. This move aligns with recommendations from the National Steering Committee for the Indian Carbon Market, where projects related to green hydrogen production through electrolysis, renewable energy with storage, offshore wind, and more will be covered under the carbon offset mechanism. Power Grid Corporation of India has approved the issuance of bonds worth up to ₹50 billion for the fiscal year 2024-25, aimed at supporting energy projects. Gensol Engineering has expanded its renewable energy business by acquiring three new companies. JB Pharma has increased its renewable energy use to 12.1% by sourcing power from solar and wind. Meanwhile, Mahatma Phule Renewable Energy and Infrastructure Technology has invited bids for 30 MW of distributed grid-connected rooftop solar systems in Goa. The International Energy Agency's World Energy Outlook 2024 predicts clean power generation to surpass global electricity demand growth by 20% between 2023 and 2030, with renewable capacity expected to dominate the clean energy landscape.