The President of India has given his approval for the continuation of renewable energy research and technology development (RETD) program for implementation during 2017-18 and 2019-20 at the cost of ₹1.75 billion (~$24.70 million). The program comes under the Ministry of New and Renewable Energy (MNRE).
The objective of the program is to promote indigenous technology development and manufacture for widespread applications of renewable energy such as solar thermal systems, solar photovoltaic systems biogas systems, waste to energy systems, wind energy systems, hybrid systems, storage systems, hydrogen and fuels cells, geothermal, etc. aimed at increasing the share of renewables in the energy mix of the country.
It is also expected to make the renewable industry more competitive along with self-sustainable and profitable. The RETD has listed R&D priorities of various areas and their technology gaps. Read More