100 smart city projects
Provision of rooftop solar and 10% renewable energy mandatory
In 2017, India was ranked as the second most attractive renewable energy market in the world.
The country has set an ambitious target of 175 GW of renewable power by 2022, which includes:
This is the world's largest expansion plan in renewable energy.
Up to 100% FDI is allowed under the automatic route for renewable energy generation and distribution projects subject to provisions of The Electricity Act, 2003.
For further details, please refer FDI Policy
Renewable energy potential in India
Installed renewable energy capacity (as of March 2019)
Share in total installed capacity
Increase in renewable installed capacity (FY 2013-14 to FY 2018-19)
5th largest installed capacity of renewable energy in the world
4th largest installed capacity of wind and 5th largest of solar power in the world
World's largest solar plant (648 MW), commissioned within a record 8 months, and world's largest solar park (2 GW) are now in India.
Wind power accounted for the highest at 46% (around 36 GW), followed by solar with a share of 36% (28 GW). The remaining market was captured by biomass at 12% (9 GW) and small hydro projects catering to 6% (5 GW). Wind energy capacity in India has increased by 1.6 times in the last 4 years. Further to this, record 100 bn + units of renewable electricity generating last year.
India has seen tremendous growth in the Solar Power which has increased by over 8 times in the last 4 years, from 2,630 MW to 22,000 MW.
GIC Holdings Pte. Ltd and Abu Dhabi Investment Authority (ADIA) have agreed to invest an additional $ 329 mn in Greenko Energy Holdings. This investment will contribute to raising an integrated renewable energy project equity and other acquisitions.
Rooftop solar solutions provider ZunRoof has raised $ 1.2 mn from Godrej to fund expansion plans and strengthen product portfolio.
Avaada Energy raised INR 1,000 cr from ADB, Germany's DEG and Dutch FMO to finance its 2.4 GW renewable energy portfolio.
British equity firm Actis' renewable energy platform Sprng Energy has acquired the 194 MW solar portfolio of Shapoorji Pallonji Infrastructure Capital Co
World Bank praises India’s Renewable Energy success
Global infrastructure fund I Squared Capital is creating a new renewable assets platform that will acquire and develop utility-scale projects in India
World's largest solar park launched in Karnataka. The world's largest solar park set up at an investment of $ 2.53 bn at Pavagada in Karnataka's Tumakuru district was launched by Chief Minister Siddaramaiah today.
The world's largest solar park set up at an investment of $ 2.28 bn at Pavagada in Karnataka's Tumakuru district was launched by Chief Minister Siddaramaiah
During the recent Uttar Pradesh Investors summit, Amplus Solar signed a MoU with the state government for the investment of $ 340.1 mn over the next 5 years.
India’s Avaada Power has signed a Memorandum of Understanding with the Government of Uttar Pradesh to invest $ 1.55 bn in the state for developing 1,600 MW Solar Projects. The projects will be developed across Mirzapur, Badun, Gorakhpur and Bundelkhand districts.
ReNew Power inks pact with UP govt. to invest $ 1.2 bn for 1.2 GW of renewable energy capacity, a move which can create 12,000 jobs in the state. ReNew has also entered into a MoU with Maharashtra Govt. to invest a total of $ 2.2 bn on solar, wind and waste-to-energy projects.
India’s largest public sector lender State Bank of India has invested an undisclosed amount from its Neev Fund in Indian solar player SunSource Energy, for developing solar project assets in states with low levels of capital investment.
The joint venture of Think Energy and EverStream Capital plans to invest $ 300 mn in equity capital to either acquire or develop 2,000 MW solar projects in India.
LONGi Green Energy Technology Co. Ltd will be the first Chinese company to set up a solar equipment manufacturing facility in India. LONGi’s facility will be set up in Andhra Pradesh at an investment of around $ 309 mn for manufacturing 1GW of monocrystalline silicon cell and modules each. Solar modules account for nearly 60% of a solar power project’s cost.
Ramky Enviro Engineers Ltd, a party of city-based Ramky Group and Asia’s biggest waste management, is setting up 20 MW waste-to-energy plant in Hyderabad, with an investment of $ 46.3 mn.
Provision of rooftop solar and 10% renewable energy mandatory
Up-gradation of watermills and micro hydro projects
100,000 solar pumps required for agriculture
$ 5.8 bn Green Energy Corridor being set up
34 Solar Parks of capacity 20,000 MW
Modifications in timeline of development of solar parks
The Ministry of New and Renewable Energy amended the bidding…
Guidelines for grid interactive distributed renewable energy…
The objectives of this policy is to broaden the investor bas…
The Ministry of New and Renewable Energy released the guidel…
This policy document is the primary policy decision-making d…
The Policy aims at mainstreaming of biofuels and, therefore,…
To promote large grid connected wind-solar PV hybrid system.…
In order to promote this route of power generation,a number…
It aims for implementation of the Biomass Gasifier based Pro…
Scheme to promotion of Grid interactive Biomass power and Ba…
Ministry of New and Renewable Energy has been vested with th…
Government of India launched this scheme to promote ecologic…
Sanction for the 'Scheme for setting up of 2000 MW ISTS-conn…
Waste to Energy Project [Indore]
Waste to Energy Project [Aligarh]
Waste to Energy Project [Warangal]
Renewable Energy/Power Project in Andhra Pradesh
Under the 'Development of Solar Cities Programme', there are in total 60 solar cities identified which can be accessed from the link.
The Solar City aims at minimum 10% reduction in projected demand of conventional energy at the end of five years, through a combination of efforts for enhancing supply from renewable energy sources in the city and energy efficiency measures. The basic aim lies in motivating the local Governments for adopting renewable energy technologies and energy efficiency measures. In a Solar City, all types of renewable energy based projects like solar, wind, biomass, small hydro, waste to energy etc. may be installed along with possible energy efficiency measures depending on the need and resource availability in the city.
The Ministry of New and Renewable Energy (MNRE) has taken up various programmes on new technologies. As part of these programmes, various projects pertinent to research, development and demonstration have been initiated. These initiatives have been at various research, scientific and educational institutes, universities, national laboratories, industry, etc. These projects are helping in the development of indigenous research and industrial base, expertise, trained manpower and prototypes/devices/systems in the country
a. Hydrogen Energy
b. Chemical Sources of Energy (Fuel Cells)
c. Battery Operated Vehicles
d. Geo Thermal Energy
e. Ocean Energy
R&D for technology development in industry -driven and goal oriented.
1. Involvement of industry and scientific establishment.
2. Access technological development elsewhere avoiding 'Reinventing the wheel'.
3. Indigenous R&D for new and emerging technologies and improvement of available technologies.
4. Time bound specific tasks for identified R&D activities to be assigned to recognized / identified industry and institutions with clear understanding on the achievement of results.
Research, design and development efforts should invariably lead to manufacture of complete systems, even if these efforts are required to be shared among different institutions. Thus, there would be a need for system integration broadly covering the following areas: -
1. Alternate Fuels (hydrogen, bio & synthetic) to supplement and eventually substitute liquid hydrocarbons;
2. Green Initiative for Future Transport (GIFT) based on Alternate Fuels for land, air & sea applications to supplement and eventually substitute fossil-fuel systems;
3. Green Initiative for Power Generation (GIPS) based on Alternate Fuels for stationary & portable power generation applications to supplement and eventually substitute fossil-fuel systems;
4. Standalone new and renewable energy products to provide cost-effective energy for cooking, lighting and motive power;
5. Distributed new and renewable energy systems to provide cost-competitive energy supply options for cooking, lighting and motive power;
6. New and renewable energy products for urban, industrial and commercial applications, including energy recovery from urban and industrial wastes and effluents; and
7. MW scale grid interactive renewable electricity systems to contribute towards supplement and eventually substitute fossil-fuel based electricity generation.