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India's energy storage requirement set to jump from 1 GWh to 888 GWh by 2035-36: Report
India’s vision for 2035-36 includes a staggering demand of 888 GWh for energy storage, significantly up from today’s capacity. This development is critical not only for maintaining grid reliability but also for the seamless integration of renewable energies. In a mere six months, installed energy storage capabilities grew elevenfold, and the momentum continues with more tenders anticipated.
Adani Green Energy achieves 20 GW renewable milestone
Adani Green Energy (AGEL) has surpassed 20 gigawatts (GW) of operational renewable energy capacity, becoming the first renewable energy company in India to achieve the milestone predominantly through greenfield development. The company generates over 52 billion units of clean electricity annually. The output represents nearly 3 per cent of India's electricity consumption, enough to power New York City for a year, or almost entire Mumbai and New Delhi combined.
Stocks to Watch Today: InterGlobe Aviation, Concord Biotech, NMDC, Lumax Auto Tech, Olectra Greentech, Cyient. Lupin, PB Fintech in focus on 01 June
Stocks to Watch, 1 Jun: InterGlobe Aviation, Gujarat Gas, Concord Biotech, Indian Renewable Energy Development Agency, NMDC, Glenmark Pharma, Olectra Greentech, Lumax Auto Technologies, Inox Wind, PNC Infratech, and Cyient will be in focus on June 1.