{"id":33,"date":"2025-03-25T07:11:45","date_gmt":"2025-03-25T07:11:45","guid":{"rendered":"https:\/\/e2expo.com\/highlights\/?p=33"},"modified":"2025-03-25T07:11:45","modified_gmt":"2025-03-25T07:11:45","slug":"renewable-energy-takes-center-stage-a-look-at-recent-developments","status":"publish","type":"post","link":"https:\/\/e2expo.com\/highlights\/2025\/03\/25\/renewable-energy-takes-center-stage-a-look-at-recent-developments\/","title":{"rendered":"Renewable Energy Takes Center Stage: A Look at Recent Developments\u00a0"},"content":{"rendered":"\n<p>The renewable energy sector continues to surge forward, with ambitious targets and innovative technologies shaping the future of power generation.&nbsp;Here&#8217;s a glimpse at some recent news and trends:&nbsp;<\/p>\n\n\n\n<p>Global Growth and Expansion:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Record Installations:<\/strong>The International Energy Agency (IEA) reports that global renewable energy capacity installations grew by an estimated 25% to around 700 GW in 2024, setting an expansion record for the 22nd year running.\u00a0<\/li>\n\n\n\n<li><strong>India&#8217;s Ambition:<\/strong>India is aiming for 500 GW of non-fossil fuel capacity by 2030, focusing on scaling up solar power, wind energy, and green hydrogen production.\u00a0<\/li>\n\n\n\n<li><strong>Renewable Energy Buyer&#8217;s Alliance:<\/strong>Major energy purchasers have launched the Renewable Energy Buyer&#8217;s Alliance, aiming to catalyze 60 gigawatts of new renewable purchases by 2025.\u00a0<\/li>\n<\/ul>\n\n\n\n<p>Solar Power:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Perovskite Solar Cells:<\/strong>Scientists have made breakthroughs in perovskite solar technology, suggesting that alumina nanoparticles can significantly enhance the lifespan and stability of these high-efficiency cells.\u00a0<\/li>\n\n\n\n<li><strong>Solar Glass Manufacturing:<\/strong>Borosil Renewables plans to invest Rs 900 crore to boost its solar glass manufacturing capacity to 10 GW by 2026.\u00a0<\/li>\n\n\n\n<li><strong>India&#8217;s Solar Capacity:<\/strong>India&#8217;s solar power installed capacity was 102.57 GWAC as of February 28, 2025.\u00a0<\/li>\n<\/ul>\n\n\n\n<p>Wind Energy:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>GE Vernova and RWE:<\/strong>GE Vernova will supply more than 100 turbines to two Texas wind farms, powering a pair of wind farms in Texas.\u00a0<\/li>\n\n\n\n<li><strong>Indian Wind Turbine Manufacturing:<\/strong>Adani Enterprises&#8217; arm has incorporated a new subsidiary focused on solar and wind energy manufacturing.\u00a0<\/li>\n<\/ul>\n\n\n\n<p>Other Notable Developments:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Energy Storage:<\/strong>The U.S. energy storage market set a new record in 2024 with 12.3 GW of installations across all segments.\u00a0<\/li>\n\n\n\n<li><strong>Hydrogen Production:<\/strong>A new study has revealed key factors limiting the efficiency of photoelectrochemical water splitting using a titanium dioxide photoanode for clean hydrogen production.\u00a0<\/li>\n\n\n\n<li><strong>Green Hydrogen:<\/strong>India is focusing on green hydrogen production to meet its renewable energy targets.\u00a0<\/li>\n\n\n\n<li><strong>Tax Credits:<\/strong>Tax credits are enabling hundreds of millions of dollars in new clean energy investments, supporting distributed generation.\u00a0<\/li>\n\n\n\n<li><strong>Investment in Renewable Energy:<\/strong>Actis has acquired a 100% stake in Stride Climate Investments, a solar generation asset.\u00a0<\/li>\n\n\n\n<li><strong>Renewable Energy Companies:<\/strong>Adani Green Energy, Tata Power, ReNew, Suzlon Energy, Sterling and Wilson, Azure Power, JSW Energy, and Inox Wind are some of the top renewable energy companies in India.\u00a0<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The renewable energy sector continues to surge forward, with ambitious targets and innovative technologies shaping the future of power generation.&nbsp;Here&#8217;s a glimpse at some recent news and trends:&nbsp; Global Growth and Expansion: Solar Power: Wind Energy: Other Notable Developments:<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-33","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/e2expo.com\/highlights\/wp-json\/wp\/v2\/posts\/33","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e2expo.com\/highlights\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e2expo.com\/highlights\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e2expo.com\/highlights\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e2expo.com\/highlights\/wp-json\/wp\/v2\/comments?post=33"}],"version-history":[{"count":1,"href":"https:\/\/e2expo.com\/highlights\/wp-json\/wp\/v2\/posts\/33\/revisions"}],"predecessor-version":[{"id":34,"href":"https:\/\/e2expo.com\/highlights\/wp-json\/wp\/v2\/posts\/33\/revisions\/34"}],"wp:attachment":[{"href":"https:\/\/e2expo.com\/highlights\/wp-json\/wp\/v2\/media?parent=33"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e2expo.com\/highlights\/wp-json\/wp\/v2\/categories?post=33"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e2expo.com\/highlights\/wp-json\/wp\/v2\/tags?post=33"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}