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Renewable Energy & Green Tech:

This sector is experiencing exponential growth driven by India's net-zero 2070 target and energy security imperatives. Solar PV dominates capacity additions, supported by competitive auctions and PLI schemes boosting domestic module manufacturing (aiming for 100 GW capacity by 2026).

Wind energy is seeing renewed momentum with hybrid projects and new auctions. Green Hydrogen emerges as a critical future sub-sector, with the National Mission targeting 5 MMT annual production by 2030.

Key players include Adani Green, ReNew, Tata Power, and NTPC. Regulatory support is strong (must-run status, waiver of ISTS charges), though land acquisition and grid integration challenges persist.

R&D focuses on storage solutions (batteries, pumped hydro) and efficiency improvements. Talent availability is growing, but specialized skills in advanced manufacturing and project finance are in high demand.

Export potential exists for modules, EPC services, and eventually green hydrogen/ammonia.

#Sector #Growth #R&D #Potential #Green #RenewableEnergy #Technology
Renewable Energy & Green Tech: This sector is experiencing exponential growth driven by India's net-zero 2070 target and energy security imperatives. Solar PV dominates capacity additions, supported by competitive auctions and PLI schemes boosting domestic module manufacturing (aiming for 100 GW capacity by 2026). Wind energy is seeing renewed momentum with hybrid projects and new auctions. Green Hydrogen emerges as a critical future sub-sector, with the National Mission targeting 5 MMT annual production by 2030. Key players include Adani Green, ReNew, Tata Power, and NTPC. Regulatory support is strong (must-run status, waiver of ISTS charges), though land acquisition and grid integration challenges persist. R&D focuses on storage solutions (batteries, pumped hydro) and efficiency improvements. Talent availability is growing, but specialized skills in advanced manufacturing and project finance are in high demand. Export potential exists for modules, EPC services, and eventually green hydrogen/ammonia. #Sector #Growth #R&D #Potential #Green #RenewableEnergy #Technology
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