Question
Download Solution PDFWhat is India’s renewable energy target by the year 2030 in terms of installed capacity?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is 500 GW.
Key Points
- India has set an ambitious target of achieving 500 GW of renewable energy installed capacity by the year 2030.
- This target includes contributions from various renewable sources such as solar, wind, hydropower, and biomass.
- The initiative is part of India's commitment under the Paris Agreement to combat climate change and reduce carbon emissions.
- India aims to fulfill 50% of its energy requirements from renewable sources by 2030.
- As of 2023, India has already achieved around 125 GW of renewable energy capacity, showcasing significant progress toward the 2030 goal.
Additional Information
- National Solar Mission (NSM):
- Launched in 2010, NSM is part of India's National Action Plan on Climate Change (NAPCC).
- It aims to establish India as a global leader in solar energy by achieving a target of 100 GW of solar capacity by 2022.
- Paris Agreement:
- An international treaty adopted in 2015 to combat climate change.
- India pledged to reduce its carbon intensity by 33-35% by 2030 compared to 2005 levels.
- Renewable energy targets are a key component of India's commitment under this agreement.
- International Solar Alliance (ISA):
- Founded by India and France in 2015, ISA is a treaty-based intergovernmental organization.
- Its objective is to promote the use of solar energy globally and mobilize financial resources for its expansion.
- Green Energy Corridor Project:
- A government initiative to integrate renewable energy into India's power grid.
- The project involves setting up transmission networks to handle renewable energy efficiently.
Last updated on Jul 10, 2025
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