1、RenewableENERGYPowering a Cleaner Future23SolarHydroGreenHydrogenWindBio-EnergyWasteto Energy(173 GW Installed)SECTORHIGHLIGHTS1000+GW PotentialAmbitious target of500GWnon-fossil energycapacity by 2030India has the largest installedcapacity of renewableenergy in the world(4th largest for wind and4th

2、 Largest for Solar)4th The share of totalinstalled capacity ofrenewableenergy is40%3GROWTHDRIVERSPower demand to increase by 1.8 times by 2030 at a CAGR of 6%(2020 onwards)Source:BloombergNEFIndias Power Demand in TWHTarget to reduceIndias total projected carbonemissions by 1 billion tonnesby 2030Ta

3、rget of shareof totalinstalled capacity ofrenewableenergy50%by20302020150020002700CAGR-6%20252030010203To achieve net-zero carbonemissions by 2070044KEY SUB-SECTORSOF INTEREST1Wind PowerIndia:Top 5 Markets globally for wind power installations(Source:GWEC Report)Wind potential of 302 GW at 100 m&695

4、 GW at 120 m height level(Source:BloombergNEF)Annual production capacity of domestic wind turbines is about 8 GW to 10 GW5439 GW of installed capacity 44 models of wind turbines manufactured by more than 17 companies of 10 GW capacity annually(Source:MNRE)Onshore WindTarget of 30 GW offshore wind en

5、ergy capacity by 203070 GW potential in Gujarat&Tamil NaduNational Institute of Wind Energy to install five Lidars in Tamil Nadu and Gujarat(Source:MNRE)Offshore Wind62India has the solar potential of 748 GWAverage radiation of 4-7 kWh/m2 per day(Source:MNRE)Target of 100 GW grid-connected solar pow

6、er by 2022 under National Solar Mission:a.40 GW by Rooftop b.60 GW by Large&Mid Scale Solar Power ProjectsAdditionally,Floating Solar Projects can generate 280 GW through 18000 sq.km of reservoirs,Maharashtra has the largest potential of 57 GW(Source:TERI)56 Solar parks sanctioned with 39 GW capacit

7、y(Source:MNRE)Solar Power78Recent Government Initiativesin Solar SectorProgressing towards Self-Reliance:Imposition of Basic Customs Duty of 40%on solar modules and 25%on cells from April 2022Approved List of Models and Manufacturers(ALMM)of Solar PV ModulesDuty raised on solar inverters from 5%to 2

8、0%and solar lanterns from 5%to 15%List of certified wind turbine Models&Manufacturers(RLMM)eligible for installation in the country Domestic Content Requirement(DCR)for solar power projects under CPSU scheme,KUSUM scheme&New roof-top scheme(Source:MNRE)Production Linked Incentive to boostthe domesti

9、c manufacturing:Under PLI scheme(Tranche-I)for National Programme on High Efficiency Solar PV Modules with the financial outlay of USD 616 Mn,LoA issued to 3 bidders to set-up 8.7 GW of fully integrated solar PV Module manufacturing unitsPLI Scheme(Tranche II)with an additional financial outlay of U

10、SD 2.6 Billion under implementationCurrency Conversion Rate:1 INR=0.013 USD93Green HydrogenIndia to produce 5 MT of green hydrogen by2030National Green Hydrogen Mission launched with an outlay of USD 2.4 BillionManufacturers to be given grid connectivity on priority basis to avoid any proceduraldela

11、ys.India to emerge as anexport Hub for Green Hydrogen and Green Ammonia.GOVERNMENTINITIATIVES1100%FDI permittedin all renewable sources of power100%FDI4Investment of USD 1.5 Bnto enable flow of renewableenergy into the national gridGreen EnergyCorridor Phase-II3RE assets worth USD 5 Bnunder National

12、 MonetisationPipelineAssetMonetization2Target of 21%RPO by 2022including 10.5%of solar powerRenewable Obligations10116PM KUSUM(Kisan Urja Suraksha EvamUtthaan Mahaabhiyan)scheme launchedto support farmers with financial assistanceof USD 4.6 Bn through:PM KUSUMschemeSetting-up of 10 GW of decentraliz

13、ed groundmounted grid-connected renewable powerplants upto 2 MW capacityInstallation of 1.75 million stand-alone solaragriculture pumps Solarisation of 1 million grid-connectedagriculture pumps5Development of green hydrogen production capacity of at least 5 MMT(Million Metric Tonne)per annumOver USD

14、 100 Billion in total investments Creation of 0.6 Million jobsAbatement of nearly 50 MMT of annual greenhouse gas emissionsExpected outcomes of National Green Hydrogen Mission by 2030:NationalHydrogenMission7Wind-Solar Hybrid Projects expectedreach 11.7 GW by 2023 with a growthrate of 223%from 2020(

15、Source:IEEFA)Policy launched for efficient utilizationof transmission infrastructure and land,reducing the variability and achievingbetter grid stabilityNationalWind-SolarHybrid PolicySanctioned Solar CitiesIn-principle Approved Solar CitiesSOLAR CITIESIN INDIAAmritsar Ludhiana Chandigarh Hamirpur S

16、himla Dehradun Rishikesh-Haridwar Moradabad Agra Gurugram Faridabad Jodhpur Gandhinagar Rajkot Gwalior Guwahati Itanagar Jorhat Kohima Imphal Aizwal Bilaspur Raipur NagpurThane Kalyan-Dombivli Panaji City&Environs Hubli Mysore VijaywadaSAS Nagar Mohali Chamoli GopeshwarJaipur Ajmer Surat Bhopal Indo

17、re RewaDimapur Howrah Bhubaneswar Nanded Aurangabad Shirdi Coimbatore Kochi Thiruvananthapuram12WINDY STATESIN INDIARAJASTHAN-4.3 GWGUJARAT-6 GWMAHARASHTRA-4.8 GWKARNATAKA-4.7 GWTAMIL NADU-8.8 GWANDHRA PRADESH-4.1 GW MADHYA PRADESH-2.5 GW13Wind Capacity(as of Jan 2019):KEY STAKEHOLDERSMinistry of Ne

18、w and Renewable Energy(MNRE)https:/mnre.gov.in/Solar Energy Corporationof India(SECI)http:/seci.co.in/National Institute of Wind Energy(NIWE)http:/niwe.res.in/Skill Council for Green Jobshttp:/sscgj.in/Indian Solar Manufacturers Association(ISMA)https:/ Wind Turbine ManufacturersAssociation(IWTMA)ht

19、tp:/ Wind EnergyAssociation(IWEA)http:/www.inwea.org/Indian Wind Power Association(IWPA)https:/mnre.gov.in/National Institute of Solar Energy(NISE)https:/nise.res.in/India Energy Storage Alliance(IESA)http:/indiaesa.info/Solar Power DevelopersAssociation(SPDA)http:/ Solar Federationof India(NSEFI)ht

20、tps:/www.nsefi.in/Global Wind EnergyCouncil(GWEC)Ministry of Power(MOP)https:/powermin.gov.in/14COMPANIESIN INDIAMANUFACTURERSDEVELOPERSINVESTORS*Above list is neither suggestive nor exhaustive in natureKEY STAKEHOLDERSMinistry of New and Renewable Energy(MNRE)https:/mnre.gov.in/Solar Energy Corpora

21、tionof India(SECI)http:/seci.co.in/National Institute of Wind Energy(NIWE)http:/niwe.res.in/Skill Council for Green Jobshttp:/sscgj.in/Indian Solar Manufacturers Association(ISMA)https:/ Wind Turbine ManufacturersAssociation(IWTMA)http:/ Wind EnergyAssociation(IWEA)http:/www.inwea.org/Indian Wind Po

22、wer Association(IWPA)https:/mnre.gov.in/National Institute of Solar Energy(NISE)https:/nise.res.in/India Energy Storage Alliance(IESA)http:/indiaesa.info/Solar Power DevelopersAssociation(SPDA)http:/ Solar Federationof India(NSEFI)https:/www.nsefi.in/Global Wind EnergyCouncil(GWEC)Ministry of Power(

23、MOP)https:/powermin.gov.in/15All information in this brochure was last updated on January,2023.To find out morewww.investindia.gov.in/sector/renewable-energyPhone No:011 2304 8155Email ID:energyinvestindia.org.inFirst Floor,Vigyan Bhawan Annexe,Maulana Azad Road,New Delhi-110011Scan QR CodeHOW WE HELP INVESTORS STAKEHOLDER MEETINGPOLICY ADVISORY/REPRESENTATIONREGULATORY CLEARANCE FACILITATIONSITE VISITSISSUE RESOLUTIONRESEARCH CONTENT PROVIDEDLOCATION ANALYSISINVEST INDIA?investindiainvest-indiainvestindiaofficial