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Budget 2024: Impact on India’s Renewable Sector
The Indian Budget 2024-25, unveiled by Union Finance Minister Nirmala Sitharaman, has placed a strong emphasis on the renewable energy sector, aligning with India’s ambitious goal of achieving 500 GW of energy from renewable sources by 2030. The budget allocation, policy changes, and strategic initiatives outlined in this fiscal plan…
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Empowering India’s Solar Future: The PM Surya Ghar: Muft Bijli Yojana
Introduction The Government of India’s ambitious PM Surya Ghar: Muft Bijli Yojana aims to significantly increase the share of solar rooftop capacity, empowering residential households to generate their own electricity. Approved on February 29, 2024, with an outlay of Rs. 75,021 crore, this scheme will be implemented until 2026-27. This…
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The Growth of India’s Solar Energy Sector: Opportunities and Impacts
Abstract The surge in global demand for renewable energy has significantly propelled the solar power sector, particularly in India. This blog explores the rapid growth and investment potential in India’s solar energy market, driven by technological advancements and supportive government policies. It also examines the environmental benefits and future prospects…
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A Review of India’s Solar Strides
India is making significant strides in the renewable energy sector, particularly in solar power, but continues to rely heavily on coal for its energy needs. Here’s a closer look at the current state and future prospects of India’s energy landscape as highlighted in the Global Electricity Review 2024. Solar Power…
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Site Suitability Report for 50 MW solar project in Ninh Thuan, Vietnam
Genesis Ray has released a Site Suitability Report for a 50 MW solar project in Ninh Thuan, Vietnam, using a multi-criteria evaluation (MCE) based GIS approach. The study encompasses various technical, economic, social, and environmental factors to identify suitable locations for solar energy development. Section 1: Site Introduction The area…
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How GIS for CBG Can Transform the Compressed Biogas Industry
The quest for sustainable energy solutions is driving innovation across various sectors, with the compressed biogas (CBG) industry at the forefront. CBG offers a renewable alternative to conventional fossil fuels, harnessing organic waste to produce energy. However, the efficiency and success of CBG operations depend heavily on precise planning and…
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IOC’s 1GW Renewable Energy Investment Unveiled
The announcement by Indian Oil Corp (IOC) to invest Rs 5,215 crore in developing 1 gigawatt (GW) of renewable energy capacity represents a significant strategic pivot for India’s major refiner and fossil fuel retailer. This renewable energy investment, as detailed in a stock exchange filing, highlights several critical aspects of…
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Harnessing the Power of Digital Twins in Renewables Sector
“Digital twins in renewables” are leading the charge in the expansive and ever-evolving world of renewable energy. Staying ahead of technology trends in this field is not just advantageous—it’s imperative. As we navigate towards a more sustainable future, the concept of a digital twin has emerged as a groundbreaking tool.…
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