Close

With Key Reforms, India To Be A Renewables Investment Hub

Note* - All images used are for editorial and illustrative purposes only and may not originate from the original news provider or associated company.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back

Related stories

Air Liquide ELYgator Hydrogen Project in Rotterdam Launched

The Air Liquide ELYgator hydrogen project marks a big...

Finland Leads Clean Energy with world’s largest Sand Battery

Finland turned on the world's largest sand battery this...

Trinasolar Solaris Energy Partnership Powers Sri Lanka Solar

The Trinasolar Solaris Energy partnership brings together a global...

Scatec Solar Project South Africa Secures 846MW Capacity

The Department of Electricity and Energy (DEE) in South...

As per the report from the Institute for Energy Economics and Financial Analysis- IEEFA and Invest India, India is expected to become a major renewables investment destination, which will be driven by the next wave of reforms and policies.

The fact is that it is expected that the market will benefit from such reforms as the green energy corridor scheme, the privatisation of state electricity distribution companies, as well as various production-linked incentive schemes.

According to Energy Finance Analyst for IEEFA, Shantanu Srivastava, before the union budget 2023-24, under the green hydrogen mission, the approval by the government of an initial offering of Rs. 19,744 crore (US$ 2.43 billion) is the latest instance of a policy push which is going to position India as hub for green hydrogen export as well as entice global investors.

He further added that the investors will now be wanting a detailed segregation of the outlay for the PLI scheme for manufacturing of electrolyser and green hydrogen production under the aegis of Strategic Interventions for Green Hydrogen Transition programme of the mission on green hydrogen.

The report further said that another worldwide investment area includes novel technologies like battery energy storage systems and green hydrogen, as well as offshore wind.

Latest stories

Related stories

Air Liquide ELYgator Hydrogen Project in Rotterdam Launched

The Air Liquide ELYgator hydrogen project marks a big...

Finland Leads Clean Energy with world’s largest Sand Battery

Finland turned on the world's largest sand battery this...

Trinasolar Solaris Energy Partnership Powers Sri Lanka Solar

The Trinasolar Solaris Energy partnership brings together a global...

Scatec Solar Project South Africa Secures 846MW Capacity

The Department of Electricity and Energy (DEE) in South...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back