MENU × BUSINESS
Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
TECHNOLOGY
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
PLATFORM
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
LEADERSHIP
CEO ReviewCompany Review
MAGAZINE
ASIA INDIA
STARTUPS CLIENT SPEAK CONTACT US

The Silicon Review Asia

Due to lag in energy production India may not achieve its 2022 renewable energy goal

Due to lag in energy production India may not achieve its 2022 renewable energy goal

In 2015, the Indian government had proposed a renewable energy plan to boost the country’s renewable power capacity to almost 175 gigawatts (GW) by the end of 2022. That was four times more than the out generated by the country at that time (40 GW). Just one year is left to achieve the target, and it looks like they are all set to miss it by a huge margin of 53 percent. When the plan was announced in 2015, it seemed like it is in step with the global energy industries’ ever-changing dynamics. Ever since the plan was announced, the countries progress was just around 12 GW per year, which is way shorter than the expected 20 GW.

Due to the ongoing pandemic, India was able to add just 7GW last year. The government had selected solar power to be the key driver for its renewable energy target.  At that time, almost 100 GW of the expected 175 GW was assigned to solar power against the 3 GW output which was produced back then. As of January 2021, the solar capacity managed to reach about 48 GW, which is healthy growth, but it is slower than the expected output.

YOU MAY ALSO LIKE

Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...

Business Travelers to Stay at Singapore’s Changi Airport Bubble

Singapore’s open economy depends heavily on tourism and business. But its vibrant but small economy has been hurting as the circumstances due to...

Countries in Asia-Pacific are marching towards ‘green recovery’ amidst Covid-19 crisis

2020 has been an unforgettable year for many of us. The ongoing Covid crisis has reminded people that it is very important to have an uninterrupted an...

Department of Telecommunication to announce the new schedule for 5G trials

Department of Telecommunications (DoT) is all set to announce the new schedule for 5G trials. The Dot made this decision after being pulled by the par...

RECOMMENDED