Since early 2024, India has installed over 2.08 million rooftop solar systems under the PM Surya Ghar: Muft Bijli Yojana program, with INR 147.7 billion in central subsidies disbursed. The initiative has benefited over 2.6 million households nationwide, with Gujarat leading in implementation. The program provides upfront subsidies for residential consumers to install rooftop solar systems, aiming to generate renewable electricity and reduce carbon dioxide emissions. Deployment of rooftop solar systems across 10 million households could generate up to 1,000 billion units of renewable electricity and reduce emissions by 720 million metric tons over 25 years.
Tag: Gujarat
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Suzlon to supply ArcelorMittal with 248.85MW of wind capacity
Suzlon has secured a significant order from ArcelorMittal for 248.85MW of wind energy in Gujarat, India, as part of a 550MW hybrid project aimed at decarbonising steel production. This marks Suzlon's fourth wind order for green steel capacity in India, bringing their total contribution to approximately 1.16GW. The company is dedicated to supporting the transition towards low-carbon steel production through renewable energy partnerships. Suzlon's strategic focus on the EPC segment is aimed at increasing their share to 50% of their overall order book, further solidifying their commitment to sustainable solutions for the steel industry.
https://www.power-technology.com/news/suzlon-arcelormittal-248mw-wind-capacity/
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ArcelorMittal announces $900m renewable energy projects in India
ArcelorMittal has unveiled three new renewable energy projects in India, including a 250MW wind facility, 300MW solar facility, and 300MWh of battery storage in Bachau, Gujarat, aiming to reduce CO2 emissions by 1.59mt annually and add 1GW to their renewable capacity. CEO Aditya Mittal emphasized the importance of sustainable investments in the energy transition. These projects, along with others in Brazil and Argentina, will collectively provide 3.3GW of power generation capacity, contributing to climate solutions. The article also discusses the use of microgrids and distributed renewables, highlighting the use of AI-enabled Microgrid Management SystemTM and strategic partnerships to create networked microgrids for a more flexible and resilient energy grid, promoting sustainable energy solutions to address climate change effectively.
https://www.power-technology.com/news/arcelormittal-900m-renewable-energy-projects-india/