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Empowering the Nation to Grow Dynamically

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Recognizing the significance of energy is a critical requisite for the world. India specifically building on its energy capabilities, emphasizing on sustainable future has emerged as a compelling market for the rapid growth and adoption of renewable and green energy today. Increasing environmental concerns, government support, and massive investments in the renewable energy sector in India have poised it as an attractive avenue for investors. On this note, India has even been marked 4th globally for its total renewable power capacity additions as per Renewable Energy Statistics 2023 released by the International Renewable Energy Agency (IRENA).

The renewable energy sector is expected to sustain this growth valuing environment’s importance for life’s existence. As per the IMARC Insightful Impacts, in 2023, the India renewable energy market was valued at $22.0 billion in 2023, and is expected grow to a promising size by 2032, exhibiting a CAGR of 8.71 percent. By 2030, it also aims to produce five million tonnes of green hydrogen which will be supported by 125 GW of renewable energy capacity. In the process, 57 solar parks with an aggregate capacity of 39.28 GW have already been approved in India. Moreover, Wind Energy has an off-shore target of 30 GW by 2030, with potential sites identified. Owing to such prolific growth strategies as India is specifically building on its energy capacity, there are many key leaders who need to be applauded for the Energy industry’s growth over time now. Hence, our current edition ‘Energy Special -2023’, focuses on the same, celebrating some of the leaders in the market providing effective energy solutions signifying renewable and green energy solutions. Read to know more about them. Do let us know what you think.