PM discusses India’s renewable energy scenario with First Solar CEO
POWER & RENEWABLE ENERGY

PM discusses India’s renewable energy scenario with First Solar CEO

On Thursday, PM Narendra Modi had discussed India's renewable energy landscape with the CEO of First Solar, Mark Widmar, to invest in the country's renewable market.

Currently, India has the world's fastest-growing renewable energy programme. It has expanded its access to clean cooking fuel and covered over 80 million houses, making it one of the largest clean energy drives worldwide.

Modi tweeted that solar power is close to his heart because it concerns the future of our planet. Welcoming Widmar, CEO of First Solar, discussed why India is the right place to invest in solar power and also talked about the country's green hydrogen mission.

Previously, PM Narendra Modi with the Ministry of External Affairs had discussed India's renewable energy landscape with Mark Widmar.

Further, Widmar shared the company's plan to use the government of India's production linked incentive (PLI) scheme for manufacturing solar equipment using thin-film technology and integrating India into the global supply chain.

The PLI scheme worth Rs 4,500 crore for solar photovoltaic (PV) modules will help India to boost its domestic manufacturing capacity. The scheme aims to add 10 GW integrated solar PV manufacturing plants.

In February, PM Modi invited global companies to take benefit from the PLI schemes and expand their manufacturing capacity in the country.

According to the sources, PM Modi referred to India's target of 450 GW renewable energy capacity. He also focused on India's solar power manufacturing and said that the solar firms associated with it could take advantage of the PLI schemes.

Mark Widmar praised India's climatic change policies and related industries. He said that all countries should follow what India has done in climate change, sources said.

Sources said that both PM Narendra Modi and Mark Widmar agreed on the expansion of solar panel manufacturing in India, saying that the initiative will also benefit the countries in the region.

Image Source


Also read: Adani Group, RIL and 17 other companies bid for making solar modules

Also read: India records 53% increase in rooftop solar installations in Q2 FY21

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

On Thursday, PM Narendra Modi had discussed India's renewable energy landscape with the CEO of First Solar, Mark Widmar, to invest in the country's renewable market. Currently, India has the world's fastest-growing renewable energy programme. It has expanded its access to clean cooking fuel and covered over 80 million houses, making it one of the largest clean energy drives worldwide. Modi tweeted that solar power is close to his heart because it concerns the future of our planet. Welcoming Widmar, CEO of First Solar, discussed why India is the right place to invest in solar power and also talked about the country's green hydrogen mission. Previously, PM Narendra Modi with the Ministry of External Affairs had discussed India's renewable energy landscape with Mark Widmar. Further, Widmar shared the company's plan to use the government of India's production linked incentive (PLI) scheme for manufacturing solar equipment using thin-film technology and integrating India into the global supply chain. The PLI scheme worth Rs 4,500 crore for solar photovoltaic (PV) modules will help India to boost its domestic manufacturing capacity. The scheme aims to add 10 GW integrated solar PV manufacturing plants. In February, PM Modi invited global companies to take benefit from the PLI schemes and expand their manufacturing capacity in the country. According to the sources, PM Modi referred to India's target of 450 GW renewable energy capacity. He also focused on India's solar power manufacturing and said that the solar firms associated with it could take advantage of the PLI schemes. Mark Widmar praised India's climatic change policies and related industries. He said that all countries should follow what India has done in climate change, sources said. Sources said that both PM Narendra Modi and Mark Widmar agreed on the expansion of solar panel manufacturing in India, saying that the initiative will also benefit the countries in the region. Image SourceAlso read: Adani Group, RIL and 17 other companies bid for making solar modules Also read: India records 53% increase in rooftop solar installations in Q2 FY21

Next Story
Infrastructure Transport

Noida Airport Fuels NCR Realty Growth

The start of commercial operations at Noida International Airport has recently emerged as a major trigger for real estate growth across Noida, Greater Noida and the Yamuna Expressway region. The airport is expected to improve regional connectivity and support the next phase of development in eastern NCR.The airport, inaugurated on 28 March, has begun passenger services, while cargo operations are also expected to strengthen its role as an economic and logistics hub. Its operationalisation is expected to reduce dependence on Delhi’s Indira Gandhi International Airport for residents and busine..

Next Story
Technology

thyssenkrupp and GlobalLogic Form AI Alliance

thyssenkrupp AG and GlobalLogic, a Hitachi Group company, have recently formed a strategic alliance to deploy autonomous robotics and Physical AI across heavy industry operations. The partnership aims to improve safety, reduce engineering bottlenecks and accelerate industrial transformation at scale.The alliance brings together thyssenkrupp’s industrial expertise with Hitachi’s innovation capabilities. It includes GlobalLogic, Method and Hitachi America R&D, creating a “Lab-to-Scale” pipeline that connects research, digital strategy, design and enterprise software engineering for i..

Next Story
Real Estate

Platinum Corp Launches Luxury Suites in Santacruz

Platinum Corp has recently launched Platinum Stellar: Bespoke Presidential Suites, a premium residential project in Santacruz West, Mumbai. The development is positioned as a boutique luxury offering for homebuyers seeking expansive layouts, privacy and personalised living experiences.Located on Main Avenue, the project has been designed as a low-density, high-end residential address with spacious homes starting from 2,500 sq ft and extending to full-floor residences. The project targets HNIs, business owners and legacy residents from the Bandra-Khar-Santacruz belt.Platinum Stellar has been de..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement