India is making unprecedented strides in the alternative energy sector, with investments projected to exceed $32 billion in 2025. This surge positions India at the forefront of global renewable energy initiatives, aiming for a 500 GW renewable capacity by 2030.
Key Developments in India's Renewable Energy Landscape
- Green Hydrogen Projects: Juno Joule Green Energy Pvt Ltd, in collaboration with Germany's Select Energy GmbH, is investing ₹10,000 crore (~$1.3 billion) in Andhra Pradesh to produce 180 KTPA of green hydrogen by 2029.
- Solar Energy Expansion: India surpassed 100 GW of installed solar capacity as of January 2025, with another 84.10 GW under implementation.
- Green Energy Corridors: Andhra Pradesh will invest ₹28,436 crore to expand green energy corridors and power transmission infrastructure.
Analytical Insights
According to the International Energy Agency, India's annual renewable capacity additions are expected to rise faster than any other major economy, including China. Installed capacity reached 205 GW by the end of 2024, projected to hit 500 GW by 2030.
India’s renewable energy share is projected to grow from 21% in FY2024 to 35% by FY2030, driven by large-scale investments and policy support.
Conclusion
India's aggressive investment in alternative energy not only addresses internal power demands but also boosts its global standing in the fight against climate change. From green hydrogen to solar energy and infrastructure upgrades, India is charting a new course for sustainability and leadership in clean energy.
📌 Read also: Global Renewable Energy Trends 2025
Comments
Post a Comment