Renewable Energy Developments and Challenges in India: A Review
Key Ideas
- India saw a significant increase in solar open access capacity in Q2 2024, with Gujarat being a major contributor, focusing on wind-solar hybrid projects.
- Challenges arose in India's electricity grid due to high frequency levels and over-injection of solar and wind energy, impacting power supply and demand balance.
- States like Gujarat and Rajasthan introduced draft regulations to promote renewable energy procurement and streamline green energy open access for consumers.
- Companies like H2e Power Systems and Google are investing in green hydrogen projects and renewable energy solutions to achieve sustainability goals.
The Mercom's Q2 2024 India Solar Open Access Market Report revealed that India added 1.8 GW of solar open access capacity, with Gujarat contributing significantly, embracing wind-solar hybrid projects. Challenges emerged in the electricity grid due to high frequency levels, affecting power balance. Gujarat and Rajasthan introduced draft regulations to boost renewable energy procurement and green energy access. Companies like H2e Power Systems are venturing into green hydrogen projects. Google partnered with Adani Group and CleanMax to power its Indian offices with renewable energy, showing a positive trend towards corporate sustainability.
Topics
India
Green Hydrogen
Energy Grid
Electricity Demand
Carbon Neutrality
Solar Energy
Wind Power
Corporate Sustainability
Power Markets
Renewable Regulations
Transmission System
Wind-solar Hybrid Project
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