Latest news with #IndiaEnergyWeek2025
Yahoo
01-04-2025
- Business
- Yahoo
India Continues to Expand Renewable Energy Resources
India Prime Minister Narendra Modi recently reiterated his pledge to more than double his country's current renewable energy capacity, telling delegates to the India Energy Week 2025 conference in New Delhi that he wants to increase generation from renewable resources to at least 500 GW. Modi said there are five 'key pillars' to reach that goal: 'resource availability, a skilled workforce, economic strength, political stability, and strategic geography.' Modi said increasing development of energy is a necessity for India's economy, and he talked about how renewable energy is key to economic growth. India is now the world's third-largest generator of solar power, behind China and the U.S. Government officials in February said the country now has more than 100 GW of solar power generation capacity installed across the country. Government data shows the solar power sector in India has experienced a 3,450% increase in capacity over the past decade, increasing from just 2.82 GW of capacity in 2014. Officials said that 100.33 GW of solar power capacity was in place at the end of January, with another 84 GW being built, and about 47.5 GW in the tendering stage. Government data shows 24.5 GW of solar power capacity was added last year alone. Modi at the New Delhi event acknowledged the importance of legacy power generation—coal-fired power plants continue to produce most of the country's electricity—and said his country will continue to work on sustainability as part of energy development. He said that the 500-GW goal for renewable energy will support a target of 5 million metric tons of green hydrogen production annually by 2030. The prime minister also said his country continues to look at the potential of its hydrocarbon resources, and is expanding its natural gas infrastructure via pipelines and power plants in an effort to increase the share of natural gas in India's energy mix. Karuna Singh, regional director for Asia with told POWER: 'India is making significant progress in the field of renewable energy; however, the transition away from coal presents a complex and ongoing challenge. Prime Minister Narendra Modi has announced that India aims to achieve net-zero emissions by the year 2070. Nevertheless, a rapid decommissioning of thermal power plants is not anticipated in the near future.' India's coal-powered fleet is the world's second-largest behind China, at about 240 GW of installed capacity. Even with an expansion of renewables, the country is building more coal-fired generation, primarily state-owned facilities. A 2024 report from Carbon Brief said nearly 100 GW of new coal-fired generation is proposed or under construction in the country. Singh told POWER that 'the Indian government demonstrates a strong commitment to environmental sustainability, recognizing the imperative to reduce reliance on fossil fuels. To address this conundrum, India is increasingly turning to renewable energy sources, particularly solar energy, having made and fulfilled ambitious pledges to enhance its renewable energy capacity under its Nationally Determined Contributions framework, as part of the Paris Climate Agreement.' This commitment includes an objective of meeting 50% of the country's total energy requirements through non-fossil fuel sources by the year 2030. 'Indian renewable energy and solar power are on the transformative curve of major change in meeting the ambitions set by an energy-hungry nation with the raised demand for continuous power,' said Manav Mittal, senior engineering, procurement, and construction (EPC) project manager at Ampirical, a Louisiana-based engineering firm that does EPC work on large-scale electric sector projects. 'India ranks among the top countries of the world according to population, and it is an ever-growing economy that has posed immense hurdles to the energy requirements of its people. It has thus managed to strike at one time the recognition that solar power forms part of the solution for the buoyed power demand in the country, as well as the reduced dependence on fossil fuels, coal being the major one. Further, the country has set itself an ambitious goal of achieving 500 GW of renewable power capacity integrated with solar power as the backbone of the strategy.' Mittal told POWER: 'Solar is emerging as an affordable alternative to coal. Solar energy is becoming cost-effective quickly, and the prices of solar modules are continuing to come down, which is making diversification of the power mix just favorable for India. Since the sun is available throughout the year, India stands to boast the highest solar potential rates. Solar energy is also very eco-friendly.' Mittal continued, 'Coal has been India's core power generation source and has been synonymous with as much as 70% of electricity generation over the years. Naturally, with the expanding solar sector, a gradual displacing of coal from India's energy mix is predicted. Solar power is not only economically viable but also has to be part of the environmental necessity of India's future. The energy scenario in the country has a challenge directly posed to it because of expanding solar energy.' Simon Stiell, executive secretary for climate change at the United Nations, at a meeting in New Delhi in mid-February, noted that India, China, the U.S., and Germany are the only countries with more than 100 GW of installed solar power generation capacity. He said the focus on an expansion of renewable energy should be on better living standards, and job creation, not just on reducing greenhouse gas emissions. 'India is already headed firmly in this direction, but an even stronger embrace of the global clean energy boom will supercharge India's economic rise,' said Stiell. Pralhad Joshi, the New and Renewable Energy union minister, in mid-February said, 'Under the leadership of Prime Minister Narendra Modi, India's energy journey over the past 10 years has been historic and inspiring. Initiatives like solar panels, solar parks, and rooftop solar projects have brought about revolutionary changes. As a result, today India has successfully achieved the target of 100 GW of solar energy production. In the field of green energy, India is not only becoming self-reliant but is also showing the world a new path.' Gilbert Michaud, a professor at Loyola University in Chicago, told POWER, 'India is pushing for more renewables, especially solar energy, as a means to reduce emissions and gain energy security and independence. India also has a growing population and new business developments, which is increasing demand for sustainable energy solutions.' Michaud said, 'Renewables are now cost-competitive with fossil fuels, making this transition even more viable. Clearly, this will have an impact on the coal sector in India. Coal-fired power generation will likely decline in the coming years. This will impact jobs in coal-heavy regions, and it will also create stranded assets for utilities. The costs and challenges of both of these are substantial.' A program launched last year called 'PM Surya Ghar: Muft Bijli Yojana' brought a surge in solar power capacity. The effort supported residential rooftop solar; officials said that as of mid-February it has resulted in almost 900,000 rooftop solar installations. Modi in an address in New Delhi said, 'Every expert of the world is saying that the 21st century belongs to India. India is not only driving its own growth but also driving the world's growth, and our energy sector plays a very big role in this.' 1. Tata Power last year commissioned this 101.6-MW floating solar power project in the Indian state of Kerala. Courtesy: Tata Power Tata Power, a leading Indian energy company also known for its floating solar photovoltaic projects (Figure 1), via its TP Solar subsidiary, recently commissioned a 4.3-GW solar cell and module manufacturing facility in the state of Tamil Nadu in southeast India. The new factory is the largest single-site solar manufacturing complex in the country. The new facility is much larger than TP Solar's Karnataka plant, which is now the country's second-largest solar equipment manufacturing plant. Karnataka has an annual capacity of 682 MW of modules and 530 MW of cells. TP Solar said the new plant will make both tunnel oxide passivated contact (TOPCon) and passivated emitter rear contact (PERC) products, but did not specify the manufacturing capacity for each technology. 'We are immensely proud to launch this advanced solar manufacturing facility, which is a testament to Tata Power's commitment to building a sustainable and self-reliant India,' said Dr. Praveer Sinha, CEO and managing director of Tata Power. 'Not only does it showcase innovative technology, but it also plays a crucial role in community development by creating job opportunities, with 80% of the workforce comprising women.' India is incentivizing greater domestic production of several renewable energy products, including solar cells and modules. The government in 2023 launched a production-linked incentive program, which has supported 48 GW of module manufacturing capacity. Government officials earlier this year announced a 'National Manufacturing Mission' designed to support more domestic manufacturing of renewable energy equipment. India-based Jupiter Renewables, along with Tata Power, is taking advantage of government incentives. The company in January announced plans to build a $231 million cell and module manufacturing plant in India, with an annual production capacity of 4.2 GW and 3.6 GW, respectively. Premier Energies, another Indian solar equipment manufacturer, recently paused plans to build a solar equipment manufacturing plant in the U.S., citing uncertainty about whether U.S. government support is still available under the Trump administration. The muddled U.S. regulatory environment could help India's solar sector attract foreign investment. Mittal told POWER, 'Most importantly, transitioning to solar power will be vital to India's energy security. Considering solar energy investments, India is actually becoming self-sufficient even with a reduced import of coal and oil, conditioned on globally indexed prices. Thus, more energy independence brings India into a position of control over its future energy scenario and stabilizes the country's energy grid.' Mittal said India's solar industry is seeing foreign investment, particularly 'in large-scale solar projects. The solar sector is one big driver for rural economic growth and job creation because solar projects are most constructed in rural places.' Mittal noted that coal-fired power remains 'a major part of India's energy mix,' but said the country 'is doing its utmost to ensure that the renewable energy transition is a just one: cleaning up the dirty coal plants, investing in clean technology, and retraining the affected workers into new jobs in renewables.' —Darrell Proctor is a senior editor for POWER.
Zawya
28-02-2025
- Business
- Zawya
India emerges as a global leader in clean energy transition
When India hosted the much-anticipated India Energy Week (IEW) 2025 this February, the global energy community turned its attention to the country's remarkable strides in clean energy transition. During India Energy Week 2025, India formalised several strategic agreements and Memoranda of Understanding (MoUs) to strengthen its energy security, diversify supply sources, and promote innovation in the oil and gas sector. Speaking on the sidelines of the event, Hardeep Singh Puri, India's Minister of Petroleum and Natural Gas, described these agreements as pivotal steps toward building a more sustainable and resilient energy future for the country. The Minister underscored India's dedication to securing reliable, affordable, and diverse energy supplies while fostering international partnerships in advanced energy technologies. He highlighted that these collaborations are essential for driving the nation's energy transition goals and creating a robust, future-ready energy ecosystem. Meanwhile, the United Kingdom's Secretary of State for Energy and Climate Change, Ed Miliband, during an exclusive interview with the Hindustan Times, praised India as the 'world's inspiration' in the transition to clean energy. His remarks underscore India's growing leadership in the global push toward a sustainable energy future. India's clean energy transition has been characterised by ambitious targets, innovative policies, and robust international collaborations. The country has set a goal to achieve net-zero carbon emissions by 2070 and generate 500 GW of non-fossil fuel energy capacity by 2030. This commitment has driven unprecedented growth in renewable energy sectors like solar, wind, hydro, and green hydrogen. Solar energy: A bright spot India has emerged as one of the largest solar power producers globally, thanks to initiatives like the National Solar Mission and the International Solar Alliance (ISA). The country recently surpassed the 100 GW milestone of installed renewable energy capacity, with solar power accounting for a significant share. Large-scale solar parks in states like Rajasthan and Gujarat have become models of efficient and scalable solar infrastructure. Wind energy: Harnessing the breeze With a coastline of over 7,500 kilometres, India has immense potential for wind energy. The government has launched offshore wind energy projects to complement its established onshore wind farms, particularly in Tamil Nadu and Gujarat. India's wind energy capacity now exceeds 40 GW, with plans for further expansion through global partnerships. Green hydrogen: Fueling the future India's foray into green hydrogen has attracted international attention. The launch of the National Green Hydrogen Mission in 2023 laid the foundation for a hydrogen-based economy. India's first hydrogen fuel cell bus, flagged off in New Delhi, symbolises the country's innovative spirit in adopting hydrogen fuel for public transportation. India Energy Week 2025 India Energy Week 2025 serves as a crucial platform for policymakers, industry leaders, and researchers to discuss strategies for sustainable energy development. The event is witnessing participation from over 100 countries, including major energy players from Europe, Asia, and the Americas. Key themes of the event include: Energy security and sustainability: Exploring innovative solutions to balance energy needs with environmental concerns. Global partnerships: Strengthening bilateral and multilateral collaborations for joint clean energy projects. Technological innovations: Showcasing breakthroughs in renewable energy technologies and digital solutions for energy efficiency. UK-India collaboration: A model partnership The UK's Secretary of State for Energy and Climate Change, Ed Miliband, highlighted the strong partnership between India and the UK in the clean energy sector. The UK has been a key collaborator in India's renewable energy journey, providing technical expertise and financial support for various green energy projects. The UK-India Green Hydrogen Partnership, launched in 2024, aims to establish joint research and development centres and facilitate hydrogen trade between the two countries. This partnership reflects the shared vision of both nations to lead the global hydrogen economy. India's clean energy transition has received accolades from global organisations like the International Energy Agency (IEA) and the United Nations Framework Convention on Climate Change (UNFCCC). The country's innovative approaches, such as the Perform, Achieve, and Trade (PAT) scheme and the Renewable Energy Certificates (REC) mechanism, have been lauded as replicable models for other developing nations. India's leadership in the ISA, which now includes over 120 member countries, demonstrates its commitment to promoting solar energy globally. The ISA's initiatives, like the Solar Risk Mitigation Initiative, have facilitated investments in solar projects across Africa and Asia. Despite its impressive achievements, India faces several challenges in its clean energy journey. The intermittency of renewable sources, the need for advanced energy storage solutions, and the financial viability of large-scale projects remain critical concerns. To address these challenges, the government is investing heavily in research and development, particularly in battery storage, smart grids, and hydrogen technologies. Policies like the Production Linked Incentive (PLI) scheme for solar module manufacturing aim to build domestic manufacturing capabilities and reduce dependence on imports. India Energy Week 2025 will not only showcase India's achievements in clean energy but also reinforce its role as a global leader in the energy transition. As the UK's Ed Miliband aptly remarked, India's proactive policies, innovative technologies, and inclusive partnerships make it a true inspiration for the world. As the world grapples with the twin challenges of energy security and climate change, India's journey offers valuable lessons in balancing growth with sustainability. With continued international cooperation and a clear vision for the future, India is poised to lead the global clean energy revolution for decades to come. © Muscat Media Group Provided by SyndiGate Media Inc. (
Times of Oman
28-02-2025
- Business
- Times of Oman
India emerges as a global leader in clean energy transition
When India hosted the much-anticipated India Energy Week (IEW) 2025 this February, the global energy community turned its attention to the country's remarkable strides in clean energy transition. During India Energy Week 2025, India formalised several strategic agreements and Memoranda of Understanding (MoUs) to strengthen its energy security, diversify supply sources, and promote innovation in the oil and gas sector. Speaking on the sidelines of the event, Hardeep Singh Puri, India's Minister of Petroleum and Natural Gas, described these agreements as pivotal steps toward building a more sustainable and resilient energy future for the country. The Minister underscored India's dedication to securing reliable, affordable, and diverse energy supplies while fostering international partnerships in advanced energy technologies. He highlighted that these collaborations are essential for driving the nation's energy transition goals and creating a robust, future-ready energy ecosystem. Meanwhile, the United Kingdom's Secretary of State for Energy and Climate Change, Ed Miliband, during an exclusive interview with the Hindustan Times, praised India as the 'world's inspiration' in the transition to clean energy. His remarks underscore India's growing leadership in the global push toward a sustainable energy future. India's clean energy transition has been characterised by ambitious targets, innovative policies, and robust international collaborations. The country has set a goal to achieve net-zero carbon emissions by 2070 and generate 500 GW of non-fossil fuel energy capacity by 2030. This commitment has driven unprecedented growth in renewable energy sectors like solar, wind, hydro, and green hydrogen. Solar energy: A bright spot India has emerged as one of the largest solar power producers globally, thanks to initiatives like the National Solar Mission and the International Solar Alliance (ISA). The country recently surpassed the 100 GW milestone of installed renewable energy capacity, with solar power accounting for a significant share. Large-scale solar parks in states like Rajasthan and Gujarat have become models of efficient and scalable solar infrastructure. Wind energy: Harnessing the breeze With a coastline of over 7,500 kilometres, India has immense potential for wind energy. The government has launched offshore wind energy projects to complement its established onshore wind farms, particularly in Tamil Nadu and Gujarat. India's wind energy capacity now exceeds 40 GW, with plans for further expansion through global partnerships. Green hydrogen: Fueling the future India's foray into green hydrogen has attracted international attention. The launch of the National Green Hydrogen Mission in 2023 laid the foundation for a hydrogen-based economy. India's first hydrogen fuel cell bus, flagged off in New Delhi, symbolises the country's innovative spirit in adopting hydrogen fuel for public transportation. India Energy Week 2025 India Energy Week 2025 serves as a crucial platform for policymakers, industry leaders, and researchers to discuss strategies for sustainable energy development. The event is witnessing participation from over 100 countries, including major energy players from Europe, Asia, and the Americas. Key themes of the event include: Energy security and sustainability: Exploring innovative solutions to balance energy needs with environmental concerns. Global partnerships: Strengthening bilateral and multilateral collaborations for joint clean energy projects. Technological innovations: Showcasing breakthroughs in renewable energy technologies and digital solutions for energy efficiency. UK-India collaboration: A model partnership The UK's Secretary of State for Energy and Climate Change, Ed Miliband, highlighted the strong partnership between India and the UK in the clean energy sector. The UK has been a key collaborator in India's renewable energy journey, providing technical expertise and financial support for various green energy projects. The UK-India Green Hydrogen Partnership, launched in 2024, aims to establish joint research and development centres and facilitate hydrogen trade between the two countries. This partnership reflects the shared vision of both nations to lead the global hydrogen economy. India's clean energy transition has received accolades from global organisations like the International Energy Agency (IEA) and the United Nations Framework Convention on Climate Change (UNFCCC). The country's innovative approaches, such as the Perform, Achieve, and Trade (PAT) scheme and the Renewable Energy Certificates (REC) mechanism, have been lauded as replicable models for other developing nations. India's leadership in the ISA, which now includes over 120 member countries, demonstrates its commitment to promoting solar energy globally. The ISA's initiatives, like the Solar Risk Mitigation Initiative, have facilitated investments in solar projects across Africa and Asia. Despite its impressive achievements, India faces several challenges in its clean energy journey. The intermittency of renewable sources, the need for advanced energy storage solutions, and the financial viability of large-scale projects remain critical concerns. To address these challenges, the government is investing heavily in research and development, particularly in battery storage, smart grids, and hydrogen technologies. Policies like the Production Linked Incentive (PLI) scheme for solar module manufacturing aim to build domestic manufacturing capabilities and reduce dependence on imports. India Energy Week 2025 will not only showcase India's achievements in clean energy but also reinforce its role as a global leader in the energy transition. As the UK's Ed Miliband aptly remarked, India's proactive policies, innovative technologies, and inclusive partnerships make it a true inspiration for the world. As the world grapples with the twin challenges of energy security and climate change, India's journey offers valuable lessons in balancing growth with sustainability.
Trade Arabia
16-02-2025
- Business
- Trade Arabia
HMEL, Emerson sign deal for innovative solutions
HPCL-Mittal Energy Limited (HMEL), a leading India petrochemical and refining company, and Emerson, an industrial technology leader delivering advanced automation solutions, are joining forces to optimise enterprise operations across HMEL's refining, petrochemicals and sustainable fuels complex. The collaboration will leverage Emerson's industrial automation portfolio, including artificial intelligence and machine learning technologies, to enhance HMEL's production outputs while ensuring reliability, safety and sustainability goals are met, said a statement. HMEL is a digital-first organisation, operating one of the most modern Integrated Refinery-Petrochemical Complex 'Guru Gobind Singh Refinery' at Bathinda, Punjab. 'Process automation has been at the heart of HMEL's strategic vision for building a smart enterprise. We are thrilled to partner with Emerson to develop innovative automation solutions that will boost digital transformation at HMEL,' said Prabh Das, MD & CEO, HMEL. 'Our partnership with Emerson aligns with our mission to create an interconnected and intelligent enterprise that delivers maximum value across the energy value chain.' Emerson will provide a real-time industrial data platform to bridge the gap between industrial OT and enterprise IT environments, providing connectivity and contextualization to operational data from multiple sources. It will also provide AspenTech's multi-unit dynamic optimization solutions to help improve margins and achieve sustainability goals by integrating planning, scheduling and advanced process control in a closed loop and by end-to-end demand forecasting, planning and scheduling across the oil-to-chemical value chain. The collaboration also includes Emerson's DeltaV control system, latest measurement offerings and pioneering electronic marshalling technology. 'Emerson's Boundless Automation vision integrating the intelligent field, edge and cloud to unlock a new era of productivity supports HMEL's goal of delivering higher value through technology. We look forward to collaborating with HMEL to advance optimization solutions that will enable new levels of operational excellence across production, reliability, safety and sustainability,' said Anil Bhatia, Vice President and Managing Director of Emerson in India. The two companies signed the memorandum of understanding during India Energy Week 2025 in New Delhi. Prabh Das, MD & CEO, HMEL and Roel Van Doren, Group President, Emerson were present during the signing ceremony by Manu Sehgal, VP – Strategy and Feedstock Supply Group, HMEL and Anil Bhatia, Vice President and Managing Director of Emerson India, along with senior members from both the companies. -
Times of Oman
14-02-2025
- Business
- Times of Oman
Indian Union Minister Hardeep Puri emphasises commitment to attract investors in energy sector
New Delhi: Hardeep Singh Puri, Indian Union Minister for Petroleum and Natural Gas on Friday emphasised the country's commitment to fostering a predictable, stable, and growth-oriented business environment in the energy market. Participating in a discussion on the sidelines of India Energy Week 2025 in New Delhi, the Union Minister highlighted the government's commitment to provide ease of business in the energy sector, mentioning the Oilfields (Regulation and Development) Amendment Bill, 2024 which was tabled in the Parliament. The Minister said that the moves by the government aim to attract international investments and further strengthen India's position on the global energy map. Puri stressed that the law's enactment will end the unpredictability, increasing confidence in the sector. He further emphasised that India's rapidly expanding energy needs, driven by its ambition to become a developed nation by 2047, would create substantial opportunities in both traditional and green energy sectors. He stressed that India's approach is not just about securing its own energy future, but about contributing to the global energy market, with collaborations in clean energy technologies already in place with countries like Italy, the UK, Brazil, and the Middle East. Moreover, Puri underscored India's willingness to share innovative solutions with the world. He noted that technologies like clean cooking and energy-efficient products developed in India have the potential to be scaled internationally, contributing to the global effort to transition to cleaner energy. Going further, Union Minister Puri also spoke about India's efforts for the collaborations and said, "Apart from the discussions taking place in Washington, one of them said that the USIBC (US-India Business Council) want to set up a small informal working group with us to look at the application of AI. The words which struck me from that conversation were frugality, efficiency and innovation. So it's a very positive thing. Today, we've had fantastic meetings with the USIBC. We've had excellent meetings with representatives and ministers from the Gulf, people from Latin America, Petrobras, and Oil India Ltd."
