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POWER GREEN BHARAT

EPR Magazine (Electrical & Power Review)

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September 2024

India is rapidly advancing toward becoming a global leader in renewable energy, driven by collective efforts from government agencies, private sectors, and institutions. However, challenges in grid stability and capital investment remain critical.

POWER GREEN BHARAT

India is rapidly advancing towards becoming a green power hub. Government agencies, private parties, institutions, and associations are highly optimistic about the country’s goal to emerge as a global leader in renewable energy. This collective enthusiasm underscores the nation’s commitment to a sustainable energy future. Irrespective of the measures being taken to achieve the goal, challenges must be addressed. The challenge of maintaining grid stability amidst the rapid expansion of intermittent energy sources is becoming increasingly critical.

The transition from traditional fossil fuels to a cleaner energy landscape presents unique hurdles, demanding innovative solutions to ensure that the grid remains reliable and power quality is upheld. Despite substantial investments flowing into the renewable energy sector, additional capital is still needed to accelerate growth and address various challenges. The ongoing need for infrastructure development, technological advancements, and market expansion drives this need. Continued investment is essential to support innovation, reduce costs, and achieve long-term sustainability goals in renewable energy.

Let us explore the advancements made so far and the multifaceted strategies employed to address the sector’s challenges. We will draw insights from industry experts and examine emerging trends within the sector.

Ensuring grid stability in the growing renewable energy sector

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