The contrast is striking – in the first half of 2024, China added over 100 Gw of capacity while India could manage only 14.9 Gw
By 2030, India plans to achieve 500 GW of installed capacity from non-fossil fuels, marking a significant shift towards sustainability and energy security
The surge in adoption is driven by falling energy costs and supportive policies
Experts said that Budget speech could have provided valuable clarity by outlining specific initiatives that would benefit from allocation announced in Interim Budget
India’s Union Budget for 2024-2025, marks a significant stride towards the nation’s sustainable development and energy transition goals.
The proposals in Budget 2024-25 for the renewable energy (RE) sector may help in promoting energy storage capacity and expediting capacity creation,