GIZ’s Indo German Energy Programme (IGEN) recently held the first of the Know Energy events to share information on recent developments and the work done by GIZ in the Indian Energy/Renewable Energy (RE) sector. The topic of this event, held on 25th March 2015 at the GIZ, New Delhi office was “Drivers of Renewable Energy in India”.
Dr. Winfried Damm, Programme Director, in his welcome address, shared that this initiative is envisaged as a monthly event, to be held on the last Wednesday of every month, to provide a platform for sharing/gathering information in the field of policies, technologies, GIZ case studies, current challenges and upcoming ideas / technologies, as well as future plans for the energy sector in India.
Sunil Sharma, of IGEN’s Green Energy Corridor project, made a presentation that analysed existing policy, legal, regulatory, commercial and institutional support for RE projects in India. Renewable Sources of Energy are increasingly gaining prominence in the Indian energy mix. The share of RE in India’s total installed capacity has increased from 5 percent to 13 percent during the last decade. The renewable energy growth agenda has also been at the core of the new central government’s planning which has an ambitious target to add RE capacity of 175 GW by 2022. With this background, it was interesting to understand the driving forces for growth of the RE sector in India.
The event, attended by Mr. Heiko Warnken, Head of Economic Cooperation and Development, Embassy of the Federal Republic of Germany in India and many GIZ colleagues, ended with a very informative interactive question/answer session.