IEA: India Ahead on Clean Energy, Faces Funding Hurdles
According to the IEA report, clean energy investment is soaring in India, with renewables now outpacing fossil fuels, driven significantly by record-breaking RE growth.
According to the IEA report, clean energy investment is soaring in India, with renewables now outpacing fossil fuels, driven significantly by record-breaking RE growth.
India has achieved a landmark clean energy milestone by reaching 50% of its total installed power capacity from non-fossil fuels—ahead of its 2030 target.
India’s renewables investment drive focuses on hybrid and storage-backed capacities, accounting for 37% of the 75 GW capacity added in the next two fiscals
Nabeel Radhi, Managing Director, Green Innova discusses the company’s strategic market alignment and project focus in Bahrain and the broader MENA region, including the company’s projects and technological integration, in an exclusive interview with Renjini Liza Varghese, Chief News Editor, ESGNews.earth.
Experts from various sectors agreed that it is urgent to increase the use of renewable energy and work individually and collectively towards achieving carbon neutrality for sustenance and survival.
This Earth Day, we confront a hard truth: sustainability is no longer a noble ideal—it’s our only lifeline to protect the planet
Renewable energy adoption is rapidly expanding, with installed capacity increasing from 81,593 MW in 2015 to 198,213 MW in 2024, driven by industry-led growth and reduced T&D losses
Overall, the new PLI scheme aims to generate Rs. 59,350 crore in investment, Rs. 456,500 crore in output, and create 91,600 new direct and indirect jobs
Closing this gap would require annual capacity additions in renewable energy to average 60% higher than 2024 or grow year-on-year at about 15%
Through Plastic Odyssey Fund, the organization aims to scale up efforts to restore biodiversity in areas overwhelmed by plastic waste.
The solar energy sector has grown by 3450% since 2014, rising from a mere 2.82 GW to the current 100.33 GW as of January 31, 2025.
IRENA suggests a global tripling of renewables to at least 11,000 GW by 2030 to keep 1.5C within reach