CHASING THE SUN: TRENDS POWERING INDIA'S GREEN TRANSITION
BW Businessworld|January 13, 2024
Achieving consistent 24x7 green power requires integration of an array of technological solutions, including multi-location, wind, solar, hydro, pump hydro, batteries, and even a modest utilisation of gas
- Pratik Agarwal
CHASING THE SUN: TRENDS POWERING INDIA'S GREEN TRANSITION

INDIA’S ENERGY AMBITIONS are as vast as its landscape. Prime Minister Modi’s bold 500 GW renewable energy target by 2030, nearly threefold the 175 GW installed today, signals a dramatic shift from coal-fuelled growth to a future powered by sunshine. But this renewable revolution won’t be driven by wind farms and solar panels alone. Three critical trends are reshaping the energy landscape, promising to ensure reliable, equitable, and sustainable power for the world’s second-most populous nation.

The Rise of RTC (Round-the-Clock) Power

IRENA’s Renewable Capacity Statistics 2023 report revealed a remarkable shift. An impressive 83 per cent of all new power capacity added last year was from renewable sources. Evacuation of this copious amount of green power, however, involves two fundamental aspects. Firstly, it involves the physical transfer of green electrons originating from renewable rich locations like Bikaner (Rajasthan), Khavda (Gujarat) and Gadag (Karnataka) into the grid so that it can be consumed in load centres like Maharashtra, UP, West Bengal. This process primarily revolves around the building of large cross-country transmission lines. If we go by the IEA report, the world will need more than 80 million km of grids by 2040, equivalent of the entire existing global grid, to achieve climate goals.

この蚘事は BW Businessworld の January 13, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は BW Businessworld の January 13, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

BW BUSINESSWORLDのその他の蚘事すべお衚瀺
Reflections on Consciousness and Creation
BW Businessworld

Reflections on Consciousness and Creation

Indian-American DEEPAK CHOPRA on the nature of the universe, the digital fabric of existence, and the power of a conscious mind

time-read
2 分  |
November 16, 2024
MORE TAKE TO DRIVING IN STYLE
BW Businessworld

MORE TAKE TO DRIVING IN STYLE

High-end luxury vehicles are no longer part of a niche market, but a rapidly expanding segment of automobile sales, driven by changing consumer preferences, rising disposable incomes and better infrastructure

time-read
4 分  |
November 16, 2024
India's Growing Affinity for Swiss Watches: A Luxury on the Rise
BW Businessworld

India's Growing Affinity for Swiss Watches: A Luxury on the Rise

NDIA'S ROBUST ECONOMIC growth, projected to exceed 6 per cent in 2024 and 2025, is fostering a rising demand for aspirational products. As disposable incomes increase, particularly among the expanding middle class, luxury goods such as Swiss-made watches are gaining popularity.

time-read
2 分  |
November 16, 2024
An ENRiching Outlook
BW Businessworld

An ENRiching Outlook

KPMG's latest report shows energy CEOs being optimistic about the sector's outlook. ANISH DE, Global Head, ENRC, KPMG speaks to BW Businessworld's Arjun Yadav on what's driving this confidence

time-read
2 分  |
November 16, 2024
Paving the Path to a Sustainable Future
BW Businessworld

Paving the Path to a Sustainable Future

Salesforce's ESG journey has made an impact beyond the company. SUNYA NORMAN, SVP of ESG Strategy and Engagement at Salesforce, shares more on how the tech giant integrates sustainability into its core operations, supporting global goals while empowering employees

time-read
2 分  |
November 16, 2024
LEADERSHIP TRANSITION AT XIAOMI INDIA
BW Businessworld

LEADERSHIP TRANSITION AT XIAOMI INDIA

Xiaomi India is experiencing a leadership evolution, beginning with Muralikrishnan B's departure as President by the end of 2024. This change underscores Xiaomi's shift towards nurturing local talent amidst dynamic global shifts. The story tracks key transitions from Manu Kumar Jain's leadership to Muralikrishnan B's impactful tenure, along with recent strategic hires, highlighting Xiaomi's alignment towards market adaptability and consumer focus

time-read
3 分  |
November 16, 2024
WEAVING SUSTAINABILITY
BW Businessworld

WEAVING SUSTAINABILITY

Once a modest home textile manufacturer, Jindal Worldwide has evolved into a vertically integrated textile powerhouse, spanning critical segments of the yarn and fabric value chain

time-read
1 min  |
November 16, 2024
FORCE FOR GOOD
BW Businessworld

FORCE FOR GOOD

FY24 saw capacity expansions for Century Enka in nylon and polyester segments, along with investments in modernisation, renewable energy, and safety initiatives

time-read
1 min  |
November 16, 2024
REIMAGINING TOMORROW
BW Businessworld

REIMAGINING TOMORROW

For V-Guard, tomorrow signifies progress, driven by today's actions, setting the foundation for future growth and value creation for all stakeholders

time-read
1 min  |
November 16, 2024
STRONG LEGACY
BW Businessworld

STRONG LEGACY

Powered by a strong legacy, Gulf Oil continues to be a story of exciting transformation and outperformance for more than a decade

time-read
1 min  |
November 16, 2024