Renewable energy sources can supply 65% of world's total electricity by 2030: Raj Kumar Singh
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Union Power and New & Renewable Energy Minister R K Singh has said that renewable energy sources have the potential to supply 65 per cent of the world's total electricity by 2030 and decarbonise 90 per cent of the power sector by 2050.
The minister noted that currently, around 80 per cent of the global population resides in countries that depend on fossil fuel imports, totalling a staggering 6 billion people.
He stressed that the objective is to triple global renewable energy capacity by 2030, aligning with the countries' established targets and policies and expanding aspirations to include zero and low emission technologies, adopting more blended finance and risk-sharing facilities in the renewable energy sector.
