India's Leadership in Global Solar Energy Transition at International Solar Festival 2024
Key Ideas
  • India has made significant progress in renewable energy, with a 250% increase in capacity between 2014 and 2021, ranking fourth globally.
  • The country aims to install one crore rooftop solar systems in the next few years, spearheaded by the Ministry of New and Renewable Energy.
  • Challenges in transmission networks were highlighted, emphasizing the need for enhancements to meet future renewable energy targets.
  • Panelists discussed the importance of scaling up solar infrastructure, energy efficiency investments, and green hydrogen storage solutions in India.
The International Solar Festival 2024 featured a Leadership Panel on India's role in the global solar energy transition, organized by TERI and the Becquerel Institute. India's progress in renewable energy was highlighted, with a focus on the country ranking as the fourth-largest producer globally. The panel discussed India's plan to install one crore rooftop solar systems in the coming years, showcasing the ambitious goals set by the government. Challenges in transmission networks were acknowledged, urging the need for improvements to meet future targets. Panelists emphasized the importance of scaling up solar infrastructure, investing in energy efficiency, and exploring green hydrogen storage solutions. The event celebrated India's success in achieving its renewable energy targets and its potential to lead in net-zero emissions by 2070. The collaboration between the Becquerel Institute and the ISA highlighted efforts to strengthen the global solar supply chain through local manufacturing and integrated development. The festival, organized by the ISA, aimed to promote universal energy access and support the Sustainable Development Goals through innovative solutions and partnerships.
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