PM addresses inauguration of India Renewable Energy Summit & Expo in Delhi
Summary
- Prime Minister inaugurated the India Renewable Energy Summit & Expo, underscoring India's commitment to a clean‑energy transition.
- Reiterated the national target of achieving 450 GW of renewable power capacity by 2030, with a major focus on solar, wind and hybrid projects.
- Announced a new scheme to boost rooftop solar installations and a roadmap to develop 30 GW of green hydrogen capacity by 2030.
- Stated that India had crossed 120 GW of cumulative renewable capacity as of March 2024, with solar contributing about 70 GW.
- Called for enhanced private sector participation and an estimated $200+ billion investment to strengthen the Green Energy Corridor and grid integration.
Key Facts
- · Renewable energy target: 450 GW by 2030.
- · Installed renewable capacity (as of Mar 2024): >120 GW.
- · Solar capacity installed: ~70 GW.
- · Proposed green hydrogen capacity: 30 GW by 2030.
- · New rooftop solar promotion scheme launched.
- · Investment required for renewable integration: >$200 billion.
Why it matters
Achieving the 450 GW renewable target is central to India's climate commitments, energy security and economic growth, reducing reliance on fossil fuels and positioning the country as a global leader in clean technology.
#Renewable Energy#Solar Power#Wind Energy#Green Hydrogen#PMO#India 2030 Targets