India is emerging as a global leader in renewable energy, stepping up to the challenges posed by climate change and the urgent demand for sustainable energy solutions. With its abundant natural resources and ambitious renewable energy targets, the country is poised to transform its energy landscape. India’s renewable energy goals not only aim to meet domestic energy needs, but also aspire to position the nation as a global pioneer in clean energy. However, achieving these objectives requires addressing infrastructure limitations, regulatory challenges and the active participation of both public and private stakeholders.
India’s Renewable Energy Vision
India has set an ambitious target of achieving 500 gigawatts (GW) of non-fossil fuel-based energy capacity by 2030. This includes harnessing solar, wind, hydropower and biomass energy, with solar power emerging as the centrepiece of this strategy. The National Solar Mission, launched in 2010, laid the groundwork for India’s solar revolution, resulting in exponential growth in solar energy capacity. Solar parks like Pavagada in Karnataka and Bhadla in Rajasthan exemplify the scale and potential of India’s solar initiatives. These projects have significantly reduced the cost of solar energy, making it a competitive alternative to coal-based electricity.
