Abstract The surge in global demand for renewable energy has significantly propelled the solar power sector, particularly in India. This blog explores the rapid growth and investment potential in India’s solar energy market, driven by technological advancements and supportive government policies. It also examines the environmental benefits and future prospects for entrepreneurs and investors in…
India is making significant strides in the renewable energy sector, particularly in solar power, but continues to rely heavily on coal for its energy needs. Here’s a closer look at the current state and future prospects of India’s energy landscape as highlighted in the Global Electricity Review 2024. Solar Power Growth India has emerged as…
Genesis Ray has released a Site Suitability Report for a 50 MW solar project in Ninh Thuan, Vietnam, using a multi-criteria evaluation (MCE) based GIS approach. The study encompasses various technical, economic, social, and environmental factors to identify suitable locations for solar energy development. Section 1: Site Introduction The area of interest (AOI) spans across…
The quest for sustainable energy solutions is driving innovation across various sectors, with the compressed biogas (CBG) industry at the forefront. CBG offers a renewable alternative to conventional fossil fuels, harnessing organic waste to produce energy. However, the efficiency and success of CBG operations depend heavily on precise planning and management. Here, Geographic Information Systems…
The announcement by Indian Oil Corp (IOC) to invest Rs 5,215 crore in developing 1 gigawatt (GW) of renewable energy capacity represents a significant strategic pivot for India’s major refiner and fossil fuel retailer. This renewable energy investment, as detailed in a stock exchange filing, highlights several critical aspects of the company’s direction and the…
“Digital twins in renewables” are leading the charge in the expansive and ever-evolving world of renewable energy. Staying ahead of technology trends in this field is not just advantageous—it’s imperative. As we navigate towards a more sustainable future, the concept of a digital twin has emerged as a groundbreaking tool. This digital doppelgänger, a dynamic…
Downlaod Global EV Outlook 2024 International Energy Agency (IEA) has released its “Global EV Outlook 2024” that charts the trajectory of the electric vehicle (EV) industry up to 2035. According to the report, the electric vehicle (EV) landscape is rapidly evolving, with significant developments in market trends, policy initiatives, and technological advancements shaping its future.…
India’s renewable energy sector has witnessed unprecedented growth, setting a new benchmark for renewables additions. For the fiscal year ending March 31, 2024, the country achieved a remarkable 18.5 gigawatts (GW) of renewable energy capacity. Notably, March saw a peak of 7.1 GW, significantly surpassing the previous record of 3.5 GW set in March 2022.…
Download The Repowering Policy 2023 In December 2023, the Indian government initiated a strategic update to its wind energy policy, specifically targeting the repowering of ageing wind turbines to augment the nation’s wind energy output. This revised directive facilitates the enhancement and life extension of older turbines, which were previously constrained by limited capacity and…
Genesis Ray as a start-up partner of Google Cloud Genesis Ray us thrilled to announce that it has secured access to Google Cloud’s Machine Learning VMs, equipped with an array of powerful GPUs, including Nvidia’s cutting-edge H100, L4, and Tesla series (A100, T4, V100, P100, P4, K80). This significant enhancement marks a major leap forward…