India's Clean Energy Transformation: Five Key Pillars
Union Minister Pralhad Joshi outlined five priorities for India's clean energy transition at the Mercom India Renewables Summit, focusing on power purchase agreements, grid and storage systems, domestic manufacturing, land-use optimization, and finance. India aims for 500 GW of non-fossil capacity by 2030, having already surpassed 50% of its installed power capacity from non-fossil sources. The government is implementing initiatives like the PM Surya Ghar scheme and a Viability Gap Funding scheme to support this growth, alongside promoting innovation in renewable energy technologies.
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