India's Green Energy Revolution: Paving the Way to a Sustainable Future

India's renewable energy sector is experiencing significant growth due to rising energy demand and industrialization. The government supports this through policies and incentives, driving manufacturing and job creation. The country's focus includes solar and wind energy, with ambitious targets for 2030 and partnerships for green hydrogen projects.

India's renewable energy sector is witnessing substantial growth as the country faces increasing energy demands alongside rapid industrialization. An international sustainable development agency in Vienna underscores the potential for solar and wind energy resources.

Kanika Chawla, Director and Chief of Staff at Sustainable Energy For All, emphasized India's committed approach to renewable energy at the Singapore International Energy Week. Chawla highlighted the government's performance-linked incentives to promote local manufacturing, enhance security, and reduce import dependency. She noted the job-intensive nature of clean energy solutions.

India is exploring geothermal options and offshore wind energy potential, alongside focusing on price reduction to expand the market. Additionally, the country is partnering internationally in green hydrogen and employing nuclear energy strategies, with an ambitious target of 500 GW renewable energy capacity by 2030.

(With inputs from agencies.)