India shines in energy transition with strong renewable path
India is shining in energy transition by treading a strong renewable energy path post-2015 Paris Agreement as it witnesses a step-up in investments in solar energy. Additionally, there’s a significant slowdown in investments in thermal power plants.
Just a few days ago, the Ministry of New and Renewable Energy announced that the total installed renewable energy capacity in India, excluding large hydropower, has crossed the milestone of 100 GW or 100,000 MW, about 26 per cent of the total capacity, a turning point in the history of renewables as India is celebrating 75th Independence Day.
Coincidently, this milestone came at a time when the Intergovernmental Panel on Climate Change (IPCC) report was launched citing the need for urgent climate actions collectively to keep global warming under 1.5 degrees.
