RENEWCONNECT - All about renewables & power sector

We have entered into the 21st century with continuous advancing our technologies the growth rate of developmental activities are at a faster phase. We are moving from Industry 4.0  to Industry 5.0 far more advance. This will increase in the spread of the evolution of the man who will be in moons, planets, galaxies and stars. This kind of spread of the human evolution should be in a positive phase spreading the positivity with green and self sustainability with balanced ecosystem. In the next decade, the following technologies will play a key role in the development of the world. We are in an electric mechanical world and slowly moving to the data driven, robotic, AI based, deep learning system with high level of critical thinking.  14 growing industries  to be adopted by individuals: Internet of things (IoT) Artificial Intelligence (AI) Cyber Security Genomics Drones Robotics Virtual Reality  Nano Technology  Renewable Energy (RE) & Sustainability Sharing Economy E-learning  Big Da

Indian Union Budget: An exercise carried out by the central government every financial year, to estimate the revenue and expenditure for the forthcoming financial year. Every year 1 st February, the union budget is released since 2017. The first union budget is released by RK Shanumukhan Chetty on 26 th November 1947. Key highlights of budget 2023 (SAPTRISHI) 07 key budget priorities for FY2023-24 Inclusive Development Reaching the last mile Youth power Financial Sector Green Growth Unleashing the potential Infrastructure and investment Green Growth To be established under GOBARdhan (Galvanizing organic Bio Agro Resources Dhan) Scheme for promoting circular economy; (200 - biogas plant and 300 community/ Cluster based plants) with an investement of INR 10,000 Crs. natural farming press trust of India. Promotion of battery energy storage systems Promotion of constal shipping energy efficient transportation Funds to be allocated for replacing old polluting vehicles Tax proposal - Simpl

The renewable energy power market is a platform to buy and sell electricity generated from different renewable resources like solar, wind, hydro, biomass, geothermal, nuclear fusion, etc. These sectors involve various stakeholders like RE developers, utilities, consumers, think tanks, research-consulting, and regulatory bodies. Renewable Energy Power Markets are similar to the regular power markets, with the focus on the renewable regular grid which is gradually converting into a Renewable Energy Grid across the globe. The world "Renewable Foot Prints" is increasing day by day. But still much more to be done with the quantum of the pollution spread and timeline we have. Some of the Renewable Power Markets that support in minimization of carbon emissions with the following platforms are as follows: Renewable Energy Certificates (RECs) International RE Trade Performance Achieve Trade (PAT) Clean Development Mechanism (CDM) Scope 1, 2 and 3 Sustainable Development Goals (SDGs

Renewable energy is generation and rapid increase in installation capacities across the world. Harvesting renewable energies does not deplete the resources or create environmental impacts at a minimal level. In fact, in many instances, the only environmental cost is that of constructing the infrastructure needed to harvest, store, and transmit the resultant energy. As the effects of anthropologic climate change i.e., climate change caused by human activity start to manifest, renewables are at the forefront of most geopolitical discourse. There is no escaping the simple fact that our civilization requires electricity to function but self-sustainability is at most needed in regular activities. Several countries around the world are dependent upon importing energy from other nations in order to meet their requirements.  International relations are more finely tuned than ever to the energy and power markets. The unstoppable march of climate change is bringing with it a growing awareness th

Solar panels installed on the roof with a capacity of 11.5 MW in Punjab state in India India’s solar mission which has kept at a target of 175 GW and the government is trying to keep its word to generate power from all kinds of Renewable Energy Resources. As it is focused on Solar, Wind and Biomass power generation technologies. We all know that a roof is the zero cost of land and uses the space for solar panel installation. There is no requirement of a special setup is installing the solar roof. Depending upon the roof size and shading and direction of the sunlight is considered for setting up the solar panels. But, most of them have small or medium roofs that can generate in kiloWatts (kW) or Megawatt (MW) scale. In Amritsar, there is an installation od 11.5 MW capacity of a solar power plant which is completely covered with solar roof which will benefit 8000 households was built by Radha Saomi Satsang Beas (RSSB), a religious organization in Punjab. Badal along with New and Re