India's Remarkable Progress in Renewable Energy and Green Shipping Sector
Key Ideas
- India has seen an 86% increase in power generation via renewable energy since 2014, reaching 360 BU, showcasing significant growth in the sector.
- The country's renewable energy capacity has surged by 175% under Prime Minister Narendra Modi's leadership, currently standing at over 208 GW.
- India, as the only G20 country to meet climate targets ahead of schedule, is demonstrating strong commitment to a sustainable energy future.
- With initiatives like the National Green Hydrogen Mission, India aims to produce 5 MMT of green hydrogen annually by 2030, attracting substantial investments and creating numerous jobs.
Union Minister Pralhad Joshi highlighted India's remarkable progress in renewable energy during the 'Hamburg Sustainability Conference' in Germany. Since 2014, India has increased its power generation via renewable sources by 86%, reaching 360 BU. The country's renewable energy capacity has grown by 175% to over 208 GW. Minister Joshi emphasized India's commitment to a sustainable energy future under PM Modi's leadership. India has also excelled in green shipping, aiming to be among the top shipbuilding nations by 2030. The National Green Hydrogen Mission, with an outlay of $2.4 billion, targets 5 MMT of green hydrogen production annually by 2030. Initiatives like converting vessels to operate on green hydrogen highlight India's progress in the sector.