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Green Recovery Through Renewables


10 March 2022 | BRIDGE TO INDIA

Green Recovery Through Renewables

As countries worldwide begin treading the path of post covid economic recoveries, it is becoming clear that the face of the global economy has been markedly altered, which necessitates innovative solutions. Some European countries like the United Kingdom, Germany, and France have invested heavily into green recovery by supporting renewables and other low-carbon technologies. It has been observed globally that the benefits of a ‘Green’ stimulus package are more likely to be long lasting, leading to a more sustainable and resilient recovery.

India has been significantly affected by Covid 19, with its GDP contracting by 7.3 percent in the year 2021. It is critical that India prioritizes not just a swift recovery, but a just, sustainable, and green one. To this end, WWF-India and BRIDGE TO INDIA have jointly prepared a report on “Green Recovery Through Renewables.” This report makes the case that government should focus on job creation, injecting liquidity for financial relief, enhanced economic competence for improved trade prospects, and ensuring a green energy transition. It supports a holistic view, examining a range of solutions that complement each other and identifies critical elements, including technology development, manufacturing, storage, power generation, and distribution.

Investing in Renewables and other green technologies have shown a high multiplier effect on economic activity, job creation, healthcare, and overall societal well-being. The renewable sector is competitive economically and holds immense potential for job creation since clean energy technologies such as solar are far more labour intensive than conventional energy sources.


Recent reports

India Corporate Renewable Brief | Q4 2023

India Corporate Renewable Brief | Q4 2023

This report provides an update on key trends and developments in the corporate renewable market including capacity addition, key players, policy & regulatory issuance, financing, PPA tariffs and other market trends.

India PV Module Intelligence Brief | Q4 2023

India PV Module Intelligence Brief | Q4 2023

This report captures quarterly trends in module demand and supply, import and domestic production volumes, supplier market shares, break-up by technology and rating, global market scenario, pricing trends across the value chain, key policy developments and market outlook.

India Solar Compass | Q4 2023

India Solar Compass | Q4 2023

This report provides a detailed update of all key sector developments and trends in the quarter – capacity addition, leading players, tenders and policy announcements, equipment prices, financial deals and other market developments. It also provides market outlook for the next two quarters.

Inter-state OA — opportunities and challenges

Inter-state OA — opportunities and challenges

Inter-state transmission system (ISTS) open access (OA) renewable market is growing strongly on the back of multiple drivers including a waiver from ISTS charges together with decarbonisation pressure on corporates and streamlined transmission connectivity approval process. However, the ISTS route savings are viable only for projects commissioned by June 2026 (at least 75% ISTS charge waiver).

India Corporate Renewable Brief | Q3 2023

India Corporate Renewable Brief | Q3 2023

This report provides an update on key trends and developments in the corporate renewable market including capacity addition, key players, policy & regulatory issuance, financing, PPA tariffs and other market trends.

India PV Module Intelligence Brief | Q3 2023

India PV Module Intelligence Brief | Q3 2023

This report captures quarterly trends in module demand and supply, import and domestic production volumes, supplier market shares, break-up by technology and rating, global market scenario, pricing trends across the value chain, key policy developments and market outlook.

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