US-headquartered The Global Energy Alliance for People and Planet (GEAPP) and NITI Aayog signed a Statement of Intent (SOI). The agreement aims to promote sustainable development and achieve energy independence in India by 2047.The partnership focuses on promoting clean energy projects and implementing strategic interventions at national and state levels. Key objectives include expanding renewable energy initiatives in at least 10 states, with a target of deploying 100 GW of renewable energy over the next three years. The partnership includes several aspects like the solarization of 6000 km of expressways and the empowerment of 100,000 women. GEAPP will collaborate with state governments, think tanks, and other partners to offer technical insights, conduct workshops, and support the implementation of policies.
NITI Aayog and GEAPP to push 100GW renewable rollout in India
The Plans include solarizing 6000 km of expressways, generating 10 GW of energy, and empowering 1 lac women. (Image Source: GEAPP)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
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Part of SECI’s 2 GW ISTS initiative, the project will deliver four hours of peak power daily for 25 years. (Image Credit/Source: Pixabay/Pexels)
Ethical Power Italia’s first EPC projects in Italy, two solar farms for Encavis AG, will generate 28 GWh annually. (Image Credit/Source: TomFisk/Pexels)