Renewable Energy

The Renewable Energy Council, comprises RE Developers & Manufacturers (including Ancillary manufacturers), RE Generators (Solar, & Wind). The Council is a leading platform for policy advocacy, stakeholder engagement and Industry-Government collaborations. Collaborates with the Union government and State Governments, Regulators, to address policy and regulatory issues impacting the industry, facilitates the achievement of 500 GW of RE capacity by 2030, aiming to raise the share of renewable energy on the grid. The Council actively contributes to strengthening the renewable energy ecosystem in India.

Key Focus Areas:

• Atmanirbhar Renewable Energy Ecosystem: Strengthening domestic renewable energy manufacturing and component manufacturing capabilities and reducing import dependence. Conducted focused studies - ‘Supporting an ecosystem for development of the Indian solar and equipment manufacturing in India’ that suggested needs to ensure end-to-end integration for the ecosystem to develop, introduction of ALMM, BCD schemes, PLI (separate bucket for different value chain stages) and dedicated PLI for polysilicon and wafer production to bridge technological gaps and boost capacity. Suggested phase-wise minimum local value addition of 75% to 85% to ensure development of entire value chain, including ancillaries. Promoted cutting-edge technology adoption to replace modules with efficiency >22% with a higher incentive of 1.25x – 1.5x higher efficiency.
• Grid Integration and Energy Storage: Promote integration of renewable energy into the Grid and promote storage solutions.
• Distributed Renewable Energy Development: State-wise Solar Rooftop Attractiveness Index promoted Inter-State Competitiveness. The ASSOCHAM study Index (SARAL) adopted by MNRE as its own Index.
• Supported Green Hydrogen Ecosystem Development. Focused on initiatives to support manufacturing electrolyzers in India, subsidised green hydrogen prices to match conventional hydrogen costs through demand aggregation. Study on Green Hydrogen discussed with Niti Aayog, MoRTH, MNRE.