Renewable Energy Vision and Manufacturing Excellence in IndiaIndia is rapidly transitioning towards renewable energy sources driven by environmental, economic, technological, and policy factors. This shift is vital for sustainable development and positioning India as a global leader in renewable energy.Renewable Energy Capacity and Targets India ranks 4th globally in renewable energy installed capacity (190 GW, including large hydro), 4th in wind power (42 GW), and 5th in solar power (67 GW). With the aim of reducing carbon emissions, India has set an ambitious target of 500 GW of non-fossil fuel-based energy by 2030, positioning it as one of the fastest-growing …
Wind, Hydro & „New Nuclear“ – Energy Transition in China
Wind, Hydro & „New Nuclear“ – Energy Transition in ChinaChina is still heavily reliant on coal to satisfy its demand for electricity. But having committed to becoming carbon neutral by 2060, the country is heavily investing in developing and iterating on energy sources such as nuclear energy or hydropower. Here is our summary of three key developments.In its rising energy consumption, China is still highly reliant on coal as a source of power: Coal accounted for 57.7% of the nation’s energy use in 2019. Furthermore, China built more than 50% of the world’s new coal-fired power plants in 2020 and …