India's Renewable Energy Growth: 86% Increase in 10 Years - Pralhad Joshi
By Rediff Money Desk, New Delhi Oct 07, 2024 20:53
India has witnessed a remarkable 86% increase in renewable energy generation in the past decade, reaching 360 billion units. Minister Pralhad Joshi highlights India's commitment to green energy and climate targets.
New Delhi, Oct 7 (PTI) The country has registered an 86 per cent increase in power generation through renewable sources to 360 BU in the past 10 years, Union Minister Pralhad Joshi said noting India is the only G20 country to have met its climate targets ahead of schedule.
The minister for new and renewable energy made the remarks while addressing the ongoing 'Hamburg Sustainability Conference' in Germany, an official statement said.
India has witnessed a transformative increase in its renewable energy capacity since 2014, with a 175 per cent rise from 75 GW to over 208 GW today. Total RE increased from 193.5 billion units to 360 BU, marking an 86 per cent rise during this period, Joshi said.
"India is the only G20 country to have met its climate targets ahead of schedule, despite having the lowest per capita emissions among G20 nations," he noted.
The minister further said that India is also upgrading its port infrastructure to support green shipping fuels and vessels using hybrid models, with the goal becoming top five shipbuilding nations by 2047.
"As we progress towards achieving net-zero emissions, the necessity for sustainable maritime transport has become very important. India is making significant strides in the green shipping sector, driven by government initiatives, technological advancements, and international collaborations," he stated.
He also invited international stakeholders to explore opportunities in India's ambitious green hydrogen and renewable energy sectors.
The minister for new and renewable energy made the remarks while addressing the ongoing 'Hamburg Sustainability Conference' in Germany, an official statement said.
India has witnessed a transformative increase in its renewable energy capacity since 2014, with a 175 per cent rise from 75 GW to over 208 GW today. Total RE increased from 193.5 billion units to 360 BU, marking an 86 per cent rise during this period, Joshi said.
"India is the only G20 country to have met its climate targets ahead of schedule, despite having the lowest per capita emissions among G20 nations," he noted.
The minister further said that India is also upgrading its port infrastructure to support green shipping fuels and vessels using hybrid models, with the goal becoming top five shipbuilding nations by 2047.
"As we progress towards achieving net-zero emissions, the necessity for sustainable maritime transport has become very important. India is making significant strides in the green shipping sector, driven by government initiatives, technological advancements, and international collaborations," he stated.
He also invited international stakeholders to explore opportunities in India's ambitious green hydrogen and renewable energy sectors.
Source: PTI
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 9.17 ( -6.43)
- 158804255
- G V Films
- 0.92 ( -2.13)
- 92620172
- Srestha Finvest
- 0.93 (+ 4.49)
- 40021818
- GTL Infrastructure
- 2.21 ( -4.74)
- 33334323
- Spicejet Ltd.
- 57.56 ( -8.33)
- 31426149
MORE NEWS
Augustinus Bader Skincare & Haircare Launches...
Tira brings Augustinus Bader's luxury skincare and haircare to India, offering...
Muthoot Finance Gold Loans Now Available on...
Muthoot Finance announces that its flagship gold loans can now be availed using Google...
NCERT Books Now Available on Amazon India
NCERT textbooks for students from Kindergarten to Class 12 and UPSC aspirants are now...