India's Renewable Energy Capacity Soars: Government's Clean Energy Trajectory
Key Ideas
  • India has nearly doubled its renewable energy capacity addition to 15 GW from April to November this fiscal year, showcasing a significant growth in clean energy.
  • The country's non-fossil fuel installed capacity has reached 214 GW, with a 14% increase from the previous year, demonstrating a strong shift towards sustainable energy sources.
  • The government's ambitious plan includes achieving 500 GW of non-fossil fuel-based generation by 2030, with recent additions indicating rapid progress in the energy sector.
  • Initiatives like the Green Hydrogen Mission and Production-Linked Incentive schemes for solar manufacturing highlight the government's dedication to promoting clean energy solutions.
India has made remarkable strides in enhancing its renewable energy capacity, with the addition of 15 GW from April to November in the current fiscal year. Union Minister Pralhad Joshi, speaking at the CII International Energy Conference, highlighted the country's commitment towards clean energy under Prime Minister Narendra Modi's leadership. The non-fossil fuel installed capacity has now reached 214 GW, marking a substantial 14% increase from the previous year, indicating a significant shift towards sustainable energy sources. The government aims to achieve a non-fossil fuel-based generation capacity of 500 GW by 2030, with over 2.3 GW added just last month, signaling rapid progress. Key initiatives such as the Green Hydrogen Mission and Production-Linked Incentive schemes for solar manufacturing emphasize India's focus on promoting clean energy solutions. Industry leaders, including CII President-Designate Rajiv Memani, stressed the importance of addressing infrastructure challenges and leveraging bioenergy and wind energy to meet future energy demands. The government's robust transformation in the energy sector reflects a positive trajectory towards becoming a global leader in clean energy.
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