{"id":5700,"date":"2021-11-16T16:38:37","date_gmt":"2021-11-16T11:08:37","guid":{"rendered":"https:\/\/www.tickertape.in\/blog\/?p=5700"},"modified":"2021-11-16T17:40:25","modified_gmt":"2021-11-16T12:10:25","slug":"current-scenario-and-future-of-indias-renewable-sector","status":"publish","type":"post","link":"https:\/\/www.tickertape.in\/blog\/current-scenario-and-future-of-indias-renewable-sector\/","title":{"rendered":"Current Scenario and Future of India\u2019s Renewable Sector"},"content":{"rendered":"\n

Arvind has been practising Equity<\/a> Research and Investment Advisory for the last 8 yrs and has previously worked with ICICI Bank as an Industry Research Analyst. He then founded Niveshaay Investment Advisors, a SEBI<\/a> Registered Investment Advisory Firm.<\/em><\/p>\n\n\n\n

COVID-19 was an eye-opener to shift investments in renewable energy to accelerate progress towards a more liveable and climate-resilient future post COVID. We have witnessed a very strong trend in the Clean energy ETF<\/a>\u2019s worldwide.<\/p>\n\n\n\n

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The decade gone by has been full of disruption for the renewable energy sector with huge developments due to the ever-changing technological advancements and quantum of subsidies by the governments around the world.<\/p>\n\n\n\n

Currently, we are at an extremely exciting juncture <\/strong>where it is now amply clear that solar PV Technology is the most scalable globally and it\u2019s becoming less prone to disruption as the technology is maturing.<\/p>\n\n\n\n

Costs continue to fall for Solar and Wind – <\/strong>Renewable electricity is increasingly getting cheaper than any new power capacity based on fossil fuels, according to a report by the International Renewable Energy Agency (IRENA).<\/p>\n\n\n\n

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*Source – IRENA<\/em><\/p>\n\n\n\n

According to the Goldman Sachs report, renewable power will reach 25% of the total energy<\/strong> supply capex in 2021, beating out hydrocarbons for the first time ever.<\/p>\n\n\nAccording to the Goldman Sachs report, renewable power will reach 25% of the total energy supply capex in 2021, beating out hydrocarbons for the first time ever! <\/a><\/span>Click To Tweet<\/a><\/span>\n\n\n

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Table of Contents<\/p>\n<\/span><\/div>\n