10-12-2021 11:18 AM | Source: Accord Fintech
India set to achieve 450 GW of renewable energy installed capacity by 2030: MNRE
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The Ministry of New and Renewable Energy (MNRE) has said that India is set to achieve 450 GW of renewable energy installed capacity by 2030. Earlier this month, the MNRE, in partnership with FICCI, organised a series of events, from October 6-8 during the Climate and Biodiversity Week at Expo 2020 Dubai.

The events covered themes like 'India's Renewable Energy Achievements and Ambitions; Emerging Areas and Opportunities for Renewable Energy in India. The events were anchored by the Solar Energy Corporation of India (SECI) and the Indian Renewable Energy Development Agency (IREDA). An event on the theme of 'One Sun One World One Grid (OSOWOG)' was also organised by the International Solar Alliance promoting interconnective across borders to harness solar energy without intermittency.

Meanwhile, RK Singh, Minister of Power, New and Renewable Energy, emphasised that the world is on the cusp of transformation, and immediate corrective steps are needed to mitigate climate change. He highlighted that energy transition needs to be the first step in this direction. He said that India is already ahead of what ‘we pledged in our Nationally Determined Contributions (NDCs)’ and added that, ‘already 39 per cent of our installed capacity is from non-fossil based sources. By 2022 we will reach our target of 40 per cent’.