India's Renewable Energy Future: Charting a Path to 1800 GW by 2047
Key Ideas
- Union Ministry of New and Renewable Energy to host 'Chintan Shivir' in Bhubaneswar to discuss strategies for achieving 500 GW by 2030 and setting sights on 1800 GW by 2047.
- Key sessions to cover topics such as rooftop installations, solar manufacturing, wind energy, transmission readiness, and the role of green hydrogen.
- India's solar PV product exports skyrocketed to $2 billion in FY 2024, indicating a substantial shift from being a net importer to a net exporter, as reported by IEEFA and JMK Research and Analytics.
- High-level officials including Union Minister Pralhad Joshi, Chief Minister Mohan Charan Majhi, and Energy Minister Kanak Vardhan Singh Deo to address the 'Chintan Shivir' alongside industry leaders and decision-makers.
The Union Ministry of New and Renewable Energy (MNRE) is set to host a two-day conference, titled 'Chintan Shivir', in Bhubaneswar with the objective of strategizing to achieve the ambitious renewable energy targets for India. The event will be inaugurated by Union Minister Pralhad Joshi and will see the participation of several key figures including State Chief Minister Mohan Charan Majhi and Union Minister of State for New and Renewable Energy Shripad Yesso Naik. The conference will focus on various themes such as rooftop installations, solar and wind manufacturing, transmission readiness, and the emerging role of green hydrogen in the country's energy landscape. Notably, India's solar PV exports have seen a remarkable growth, reaching $2 billion in FY 2024, highlighting the nation's progression towards becoming a net exporter in the sector. The event aims to facilitate discussions among stakeholders from government, industry, and financial institutions to drive the renewable energy agenda forward and explore opportunities for sustainable growth in the sector.