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India’s Ambitious Plan for Non-Fossil Installed Capacity: A Path to Sustainable Energy Transition

In a significant move towards combating climate change and achieving its climate commitments for non-fossil installed capacity, India is setting an example on the global stage by emphasizing its leadership in climate action. Prime Minister Narendra Modi, in a video message to the G20 Energy Ministerial Meeting in Goa, highlighted India’s remarkable progress in the energy sector. He proudly announced that the country has already achieved its non-fossil installed electric capacity target, nine years ahead of schedule. Building on this success, India now aims to achieve an even more ambitious goal of 50 per cent non-fossil installed capacity by 2030.

Non-Fossil Installed Capacity: Embracing Renewable Energy

The G20 Energy Ministerial Meeting in Goa brought together ministers from various countries to discuss and collaborate on energy-related matters. Prime Minister Modi asserted that energy is the backbone of development at all levels, from individuals to nations. In this context, India has emerged as a global leader in harnessing renewable energy sources like solar and wind power. The nation is proactively focusing on green growth and making strides in its energy transition journey.

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Non-Fossil Installed Capacity: India’s Remarkable Achievement

India’s proactive approach towards sustainable energy practices is evident in its achievements. Despite being the most populated nation and the fastest-growing large economy globally, India has remained committed to its climate goals. The nation has successfully achieved its non-fossil installed electric capacity target, setting a positive precedent for other countries. The determination doesn’t stop there; India has now set an even higher goal for itself: to achieve 50 percent non-fossil installed capacity by 2030.

Mukesh Ambani plans to launch a green energy company similar to Jio
credits – news18.com

Non-Fossil Installed Capacity: Energy Transition for a Sustainable Future

The G20 countries play a pivotal role in shaping global energy practices, and India, as a member of this influential group, recognizes its responsibility to lead in advancing sustainable and clean energy transition. Prime Minister Modi emphasized the importance of ensuring that the Global South is not left behind in this transformative journey. One of the key aspects of this endeavour is to ensure low-cost finance for developing countries to accelerate their energy transition efforts.

Non-Fossil Installed Capacity: Working Towards Green Hydrogen

India is actively exploring alternative energy sources to decarbonize its economy. Prime Minister Modi highlighted the country’s mission mode on green hydrogen. The aim is to establish India as a global hub for the production, use, and export of green hydrogen and its derivatives. Green hydrogen, produced using renewable energy sources, has the potential to revolutionize the energy landscape and significantly contribute to a cleaner and more sustainable future.

Non-Fossil Installed Capacity: Empowering Rural India

In his message, Prime Minister Modi shared some remarkable achievements in India’s energy sector. Over the past nine years, more than 119 million families in the country have been provided with LPG connections, significantly improving their access to clean cooking fuel. Additionally, India has achieved the historic milestone of connecting every village to electricity, bringing light and progress to the farthest corners of the nation.

Reliance New Energy Solar Ltd will invest USD 50 million in Ambri Inc.

Driving Energy Efficiency

India has also taken significant steps towards energy efficiency. The country launched a pioneering scheme for the use of LED lights in 2015, which has become the largest LED distribution program globally. This initiative has resulted in substantial energy savings, amounting to more than 45 billion units of energy per year. Furthermore, India’s domestic electrical market is projected to reach 10 million annual sales by 2030, reflecting the nation’s growing focus on sustainable and energy-efficient solutions.

Promoting Green Fuels

India is keen on promoting the use of green fuels to reduce its carbon footprint. The rollout of 20 percent ethanol blended petrol this year is a significant step in this direction. The aim is to cover the entire country with this environmentally friendly fuel blend by 2025. By incorporating ethanol into the fuel mix, India aims to reduce its reliance on fossil fuels and contribute to a cleaner environment.

Global Collaborations and Initiatives

The G20 Energy Ministerial Meeting witnessed the launch of the Green Hydrogen Innovation Centre and the Global Biofuel Alliance. These initiatives further demonstrate India’s commitment to global collaboration in advancing sustainable and innovative energy solutions.

Non-Fossil Installed Capacity: India’s Roadmap to a Sustainable Future

India’s ambitious plan for non-fossil installed capacity showcases the nation’s commitment to creating a sustainable and green future. The remarkable progress made by the country in the energy transition journey reflects its determination to lead by example in the fight against climate change. With a focus on renewable energy, energy efficiency, and green fuels, India is poised to become a global role model for sustainable energy practices. As the nation continues to advance its green energy infrastructure and initiatives, it is setting a course for a brighter, cleaner, and more sustainable future for generations to come.

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