Odisha's Renewable Energy Revolution: Green Hydrogen and Solar Power Boom
Key Ideas
- Union Minister aims to develop Odisha as a major hub for renewable energy and green hydrogen production due to its vast solar capacity and coastal advantage.
- Agencies are investing in massive manufacturing capacities for solar modules and cells in Odisha, signaling a significant boost to the renewable energy sector.
- Dedicated task force and collaborations announced to achieve the ambitious goal of 500 gigawatts of renewable energy by 2030, requiring substantial investments and stakeholder cooperation.
- Various initiatives like hackathons, setting up a joint center of excellence, and emphasis on PPAs and RPOs aim to drive innovation, technological advancement, and ensure the success of renewable energy projects.
Union Minister of New and Renewable Energy, Pralhad Joshi, unveiled plans to position Odisha as a key center for renewable energy and explore opportunities for green hydrogen production. With immense solar potential and a strategic coastline, Odisha is set to witness a surge in floating solar panels and green hydrogen projects. The Minister highlighted forthcoming investments in a 6,000 MW solar manufacturing capacity in Dhenkanal and a 1,000 MW facility in Bhubaneswar. Further, a task force collaboration aims to achieve 500 GW of renewable energy by 2030, backed by a significant Rs 42 lakh crore investment. Initiatives include hackathons, a new joint center of excellence for R&D, and a focus on Power Purchase Agreements and Renewable Purchase Obligations. The event also saw industry leaders and state representatives convene to strategize the roadmap towards India's renewable energy targets.
Topics
India
Renewable Energy
Innovation
Investment
Solar Power
Policy Development
Manufacturing Capacity
Task Force
Hackathons
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