First Convergence Project of India to generate green energy

On November 17, 2020 the Energy Efficiency Services Limited signed a Memorandum of Understanding with the Department of New and Renewable Energy, Goa. According to the agreement, the first convergence project of India to generate Green Energy for agriculture and rural areas is to be set up in Goa.

About the project

The project is to focus on energy solutions that are evolved based on the concepts that combine climate change, renewable energy and Artificial Intelligence. The main objective of the project is to connect sectors such as LED lights, solar energy and energy storage in order to provide solutions that will enable decarbonisation.

How will the project benefit Goa?

Goa had set a target of generating 150 MW of green energy in next three years. Also, it has plans to set up 100 MW of solar power plants. The project will help Goa achieve its targets.

What are Convergence Projects?

Convergence projects are those projects where physical, social, institutional and economic infrastructure are integrated. Also, it involves several schemes to achieve its goals. For instance, the Smart City mission of India is a convergence project. It involves Ministry of Urban Development, ministry of power, ministry of new and renewable energy, etc. It achieves its goals in broad areas such as development of road infrastructure, tap water connections, housing for all, internet, etc.

Green Energy in India

As of September 2020, 36.17% of installed electricity generation in India is from renewable sources. India is moving closer in achieving its goals under Paris Agreement. The Intended Nationally Determined Contributions target of India is to achieve 40% of total electricity generation from non-fossil fuels by 2030.

Also, GoI has set a target of achieving installing 40 GW of roof top solar energy by 2022. India has set an ambitious target of achieving 450 GW of renewable energy by 2022.

Month: Current Affairs - November, 2020