India on way to achieving the target of 500 GW of renewable energy by 2030
India is on its way to achieving the target of 500 gigawatts (GW) of renewable energy capacity by 2030, announced Union Minister for New and Renewable Energy, Pralhad Joshi. Speaking at the International Solar Alliance (ISA) event held at Bharat Mandapam in New Delhi.
Joshi, said, “Last month, India reached an impressive 90 gigawatts of installed solar capacity, moving steadily forward towards its broader goal of 500 gigawatts of renewable energy capacity by 2030. India is also setting up its size on New Horizon, with a target to produce 5 million metric tons of the green hydrogen by 2030”
He added, “We have approved 50 solar parks with a total capacity of nearly 37.5 gigawatts and identified potential offshore wind energy sites to reach our 30 gigawatts worldwide.”
The International Solar Alliance “1000 Strategy” was a focal point of Joshi’s address.
“India’s one of the best schemes, globally, for the solar roof stock installation, we are empowering communities to generate their own renewable energy.”
He said, “The ISA is guided towards 1000 strategy, which aims to mobilize 1000 billion dollars of investments in the solar energy solution by 2030 This is our strategy to deliver energy access to 1000 million people, installation of 1000 gigawatt solar energy capacity, mitigate the emission of 1000 metric ton carbon dioxide every year.”
Joshi also emphasized the historic importance of solar energy in cultures worldwide.
He said, “As we look to the future, I serve all of us, governments, international organizations, private sectors and civil society to continue working hand in hand to accelerate the solar revolution.”
“Our journey is one of bold vision and relentless progress,” Joshi said, expressing pride in India’s expanding renewable energy capabilities. “India’s initiatives are not just part of a global energy transition; they set a benchmark for sustainable growth.”
The ISA, a coalition of 120 member countries, has completed 21 out of 27 demonstration projects, reflecting its success in mobilizing resources and advancing solar energy projects worldwide, especially in developing countries. (ANI)
