How Industrial India is Powering Up with Renewables

1. How Industrial India is Powering Up with Renewables: A Closer Look at Decarbonisation Trends India’s industrial sector has long been a key driver of economic growth, but it has also been a major contributor to the country’s carbon emissions. As global and domestic pressure mounts to combat climate change, industries across India are increasingly turning to renewable energy to power their operations and reduce their environmental impact. This transition is not just a necessity; it’s also an opportunity to embrace sustainability and innovation. Let’s take a closer look at how industrial India is decarbonising, the role of renewable energy in this journey, and what the future holds. The Growing Role of Renewable Energy in India’s Industries India has made significant progress in building its renewable energy capacity over the past decade. With an installed capacity of over 180 GW (as of 2024), the country is among the world’s leaders in solar, wind, and hydro power. While much of this clean energy is used to supply the grid, a growing share is being directly consumed by industries seeking to decarbonise.

2. Industries such as steel, cement, chemicals, and textiles, traditionally heavy polluters, are now sourcing renewable power through open access, captive solar or wind plants, and power purchase agreements (PPAs) with renewable developers. This shift is helping them lower their carbon footprint, cut costs over the long term, and align with global sustainability standards. For companies looking to embrace renewable energy in India, the benefits go beyond just environmental responsibility. Clean energy also offers price stability in the face of rising fossil fuel costs, improves energy security, and enhances brand reputation in an increasingly climate-conscious market. Why Industries Are Choosing Renewable Energy Several factors are driving industries toward renewables: Cost Competitiveness: Over the years, the cost of solar and wind power has fallen dramatically, often undercutting the price of conventional electricity in many states. Policy Support: Government initiatives such as Renewable Energy Certificates (RECs), green open access rules, and incentives for captive renewable projects have made the transition more attractive. Investor & Customer Expectations: Many global buyers and investors now require companies to disclose and reduce their carbon emissions, pushing Indian industries to green their supply chains. Sustainability Goals: With India committing to net-zero emissions by 2070, industries are setting their own targets to contribute to this national vision. Leading the Shift Toward Clean Industrial Energy Across India, many renewable energy players are enabling industries to transition to clean, reliable power. By offering scalable and customised solutions like wind-solar hybrid projects, round-the-clock renewable supply, and flexible power purchase agreements, these companies are helping businesses meet their energy needs sustainably while maintaining operational efficiency. Such initiatives not only add to India’s renewable energy capacity but also create jobs, support rural communities, and reduce dependence on fossil fuels. Companies such as Serentica Renewable are part of this larger ecosystem, showing how industrial decarbonisation can align with both economic and environmental goals.

3. The Future of Renewable Energy in India The momentum behind renewables in India shows no signs of slowing. In fact, the future of renewable energy in India looks brighter than ever, driven by ambitious government targets, technological innovation, and growing industrial demand. India aims to achieve 500 GW of installed renewable capacity by 2030, and industries will play a central role in meeting this goal. The next few years are expected to see: - More Hybrid Projects: Combining solar, wind, and storage for consistent power supply. - Energy Storage Growth: Batteries and other storage technologies will make renewables more reliable and viable for industrial use. - Greater Corporate Participation: More industries will set science-based climate targets and invest directly in renewable projects - Innovation & Digitisation: Smarter grids, AI-driven energy management, and better forecasting tools will improve efficiency and integration of renewables. Building a Greener Industrial Future The transformation of industrial India through renewables is not just an environmental imperative it’s also a strategic business decision. By adopting renewable energy in India, industries are reducing costs, improving resilience, and aligning themselves with global climate goals. Companies like Serentica Renewable are proving that clean energy is not only possible but practical for even the most energy-intensive sectors. Their work is an example of how a renewable company in India can help industries navigate the energy transition successfully. India’s industrial sector is at the forefront of the nation’s decarbonisation journey, showing that sustainability and economic growth can go hand in hand. The increasing adoption of clean energy, supported by visionary companies like Serentica Renewable, signals a new era of responsible industrialisation. As industries continue to embrace renewables and innovation drives the sector forward, the future of renewable energy in India is set to be one of growth, resilience, and sustainability, lighting the way toward a cleaner, greener tomorrow. Source link: https://www.serenticaglobal.com/