How is India advancing Advanced Energy Solutions?

As the world watches, India is progressing advanced energy solutions rapidly. India is setting ambitious targets for deploying advanced energy solutions such as clean hydrogen, energy storage and carbon capture. By 2030, it plans to invest over $35 billion annually in these areas.

How has India achieved its energy transition goals?

India has set bold ambitions and demonstrated remarkable progress on energy transition investment. For example, it surpassed its 2030 goal of achieving 40% of installed capacity from renewable energy sources nine years in advance.

How can India improve energy security?

Energy security: Reducing dependence on imported fossil fuels is essential for enhancing energy security. By diversifying its energy mix, India can mitigate the risks associated with volatile global energy markets.

How will India's energy transition benefit its citizens?

India’s energy transition needs to benefit its citizens, and well-designed policies can limit the potential trade-offs between affordability, security and sustainability. Green hydrogen will play a major role in achieving the net zero and decarbonising the hard-to-abate sectors.

What will India's energy future look like?

According to Jennifer Granholm, US Secretary of Energy, “In so many ways, the world’s energy future will depend on India’s energy future.” In line with this, the country is adopting ambitious goals for deploying solutions such as clean hydrogen, energy storage, carbon capture and sustainable aviation fuels.

What is the contribution of solar & wind to India's energy mix?

Based on the report by the Central Energy Authority (CEA), the contribution of solar and wind to India’s energy mix has increased to 26 per cent in March 2023 from 9 per cent recorded at the end of 2011-12.