India's Push for Renewable Energy Growth and Green Hydrogen Transport
Key Ideas
- India considers an Approved List of Models and Manufacturers for solar cells to boost renewable energy uptake.
- Viability gap funding of ₹7,400 crore allocated for 1 GW of offshore wind capacity; plans to reduce offshore wind energy cost to ₹7 per unit.
- GAIL and IOCL are surveying to transport Green Hydrogen via pipelines, aiming for green energy growth.
- Government targets to increase solar power capacity from 84 GW to 1500 GW by 2047 and double the use of nuclear power by 2032.
In India, the government is actively working towards enhancing the adoption of renewable energy sources. Proposed measures include establishing an Approved List of Models and Manufacturers for solar cells to streamline the selection process. Additionally, a substantial viability gap funding of ₹7,400 crore has been earmarked for 1 GW of offshore wind capacity, with ongoing projects in high-potential states. The aim is to lower offshore wind energy costs to ₹7 per unit, aligning with international benchmarks. Moreover, plans to expand electrolyser capacity by selecting 15 companies through transparent tenders are in progress. GAIL and IOCL are jointly evaluating the feasibility of transporting Green Hydrogen via pipelines, showcasing a commitment to green energy. The government's ambitious targets include a significant rise in solar power capacity from 84 GW to 1500 GW by 2047 and a two-fold increase in nuclear power usage by 2032. These initiatives highlight India's positive stance towards renewable energy growth and the integration of green hydrogen in its energy landscape.
Topics
India
Green Hydrogen
Renewable Energy
Infrastructure
Offshore Wind
Energy Sector
Nuclear Power
Electrolyser Capacity
Solar Cells
Latest News