India is fast becoming a leader in clean energy transformation

Did you know that India has the world's largest clean energy programme? The project is expected to generate 175 gigawatts of renewable power by the year 2022.

India remains an active supporter of clean energy transformation. The country is one of the first major world powers to support the Paris Climate Deal of 2015. The Indian PM also proposed a global initiative to expand the use of solar energy during the Paris talks. The world took notice, and the International Solar Alliance (ISA) was launched in December 2017.

The ISA is a non-profit treaty based group of 121 countries promoting the use of solar power. The group's primary goal is to make solar power accessible for all countries. The ISA aims to collaboratively create 1,000 gigawatts of solar power capacity by 2030, pledging in excess of $1 trillion for the cause.

On March 11, this year, India hosted the first ISA summit in Gurugram. The summit was attended by the heads of 40 participating nations. Moreover, the Indian government is soon hosting its first renewable energy event, RE-INVEST, in April 2018. The commitment shown by India for the "green cause" has drawn global applause.

Today, with the withdrawal of the US from the Paris Agreement, the world is looking for a new clean energy leadership. Initiatives like the ISA have given India the unique chance to become a world leader in clean energy.

The good news is, even private players in the Indian market have taken up the solar initiative with gusto. Rooftop solar installations have increased in the country and more people are searching for home solar energy solutions online. Furthermore, a rapid modernisation of power grids has opened the path for on-grid solar solutions. This, in turn, has led to India achieving its solar capacity target of 20 gigawatt, 4 years ahead of schedule.

Concluding thoughts

A recent World Bank report suggests that coal and oil will be rapidly phased out from the energy mix in the next 30 years. The report is in complete sync with the India's clean energy goals. Solar power gives India a cheaper and more sustainable way to generate electricity. Also, solar energy will play an important role in enabling India's electric vehicle policy which aims to further curb environmental pollution.

By staying true to the commitments made under the Paris Agreement, India is certainly inspiring others to follow suit. However, it is the country's inclusive "clean energy for all" approach which makes it stand out amongst its peers.

Reach us at:
1800 103 5131