Green Future Highlights:
- Union Minister Bhagwanth Khuba sets a bold new target of 500 GW renewable energy by 2030 at the Renewable Energy Festival.
- India’s visionary goal of achieving 175 GW renewable energy by 2022 was accomplished ahead of schedule, earning global recognition.
- Goa Chief Minister Dr Pramod Sawant showcases state initiatives to contribute positively towards the nation’s net-zero target.
Amidst fervent celebrations at the Renewable Energy Festival, the Union Minister of State for Chemicals & Fertilizers, and New and Renewable Energy, Shri Bhagwanth Khuba, unveiled India’s audacious new target of 500 GW renewable energy by 2030. The event, marking the first anniversary of the National Portal for Rooftop Solar and the Foundation Day of the All India Renewable Energy Associations (AIREA), showcased the nation’s unwavering commitment to achieving energy security and sustainability.
Green Future: Empowering India’s Energy Security
Minister Bhagwanth Khuba took center stage to highlight the government’s relentless dedication to providing energy and food security for all citizens. India’s visionary target of reaching 175 GW of renewable energy by 2022, set during the COP 2015 conference, was achieved well ahead of the designated timeline, earning international acclaim.
Building on this momentous achievement, at the recent COP 26 conference, India boldly announced its new ambition to reach 500 GW of renewable energy by 2030, with a steadfast goal of achieving net-zero emissions by 2070. Minister Khuba proudly proclaimed India as the only nation to have realized the COP-15 goal, yet emphasized the continued efforts required to attain the net-zero target.
Indigenous Production Revolutionizes the Energy Sector
Minister Khuba shed light on the government’s strategic moves towards self-sufficiency and indigenous production in the energy sector. The Production Linked Incentive (PLI) schemes for renewable energy are pivotal in this endeavor, aiming to promote clean energy sources.
With an impressive PLI of Rs. 1500 crore already in motion, the scheme aims to enable the installation of 65 GW capacity through an investment of Rs. 19500 crore. As part of the ambitious vision, India aspires to achieve a total of 500 GW by 2030, with a substantial 280 GW generated from solar energy.
Harnessing the Power of Hydrogen
As a testament to India’s commitment to clean energy sources, the government is actively implementing a PLI scheme of Rs. 17500 crore for the National Hydrogen Mission. Regulations are currently being formulated to bolster the hydrogen scheme, propelling India’s rapid advancement in the energy sector.
States Leading the Charge
Goa Chief Minister Dr Pramod Sawant passionately spoke about the state’s own contributions to the green energy revolution. With initiatives dedicated to green and clean energy, Goa is determined to play a pivotal role in achieving the nation’s ambitious net-zero target.
The Gateway to a Green Future
The first anniversary of the National Portal for Rooftop Solar, launched by Prime Minister Narendra Modi on 30th July 2022, served as a poignant reminder of India’s collective commitment to harnessing solar energy potential across the nation.
The Renewable Energy Festival showcased India’s remarkable journey towards a green future, with Minister Bhagwanth Khuba’s ambitious announcement setting a powerful tone for the nation’s sustainable energy revolution. With innovative policies, visionary leadership, and collective determination, India stands poised to lead the world towards a cleaner, greener, and more sustainable Green future.
