India's Push for Clean Energy: Unveiling the Bharat Cleantech Manufacturing Platform
Key Ideas
- Union Minister Piyush Goyal introduced the 'Bharat Cleantech Manufacturing Platform' to enhance India's clean energy value chains, including hydrogen and battery storage.
- Goyal criticized subsidies and PLIs as hindrances to sustainable growth, advocating for innovative manufacturing solutions.
- The initiative aims to promote collaboration, co-innovation, financing, and clean energy technology development, supporting India's goal of achieving 500 Gigawatts of clean energy capacity by 2030.
- India's commitment to clean energy, exemplified by Gujarat's solar energy advancements and PM Modi's governance, demonstrates progress towards the Paris Agreement targets.
In a significant move to bolster India's renewable energy sector, Union Minister of Commerce and Industry, Piyush Goyal, unveiled the 'Bharat Cleantech Manufacturing Platform' during the Bharat Climate Forum 2025 in New Delhi. This platform is geared towards enhancing India's cleantech value chains, spanning solar, wind, hydrogen, and battery storage sectors. Goyal highlighted the need to move away from subsidies and Product Linked Incentives (PLIs) to foster sustainable growth, urging stakeholders to embrace innovative solutions for expanding manufacturing capacities within the country. The initiative also aims to facilitate collaboration, co-innovation, financing, and technology exchange among Indian companies. With a strong commitment to achieving 500 Gigawatts of clean energy capacity by 2030, India is making strides towards surpassing its obligations under the Paris Agreement. Goyal commended the state of Gujarat for its leadership in solar energy adoption and credited PM Modi's governance for promoting transparent and fair competition in the solar energy sector, making it more accessible to the masses.
Topics
India
Renewable Energy
Technology
Innovation
Sustainability
Manufacturing
Finance
Solar Energy
Paris Agreement
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