REGULATION | Staff Reporter, India

India revs up 2030 renewable targets to 500GW

It seeks to cut coal dependence and reduce air pollution.

Reuters reports that India plans to add 500GW of renewable energy to its electricity grid by 2030, in a bid to cut its coal dependence and air pollution across its cities.

“By 2030 India plans to establish 500 GW of Renewable Energy capacity,” Anand Kumar, senior official at India’s renewable energy ministry, said in a statement.

“India would have installed 175 GW of renewable energy capacity by 2022 without taking into account large hydro and 225 GW including large hydro,” Kumar added.

Also read: India raises 2022 renewables target from 175GW to 227GW

India, the world’s third-largest emitter of greenhouse gases, has pledged to cut emissions and have clean energy account for at least 40% of its installed capacity by 2030, up from 21.4 percent now, while looking to manage its energy appetite as its population becomes more prosperous.

Read the full report here.

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