How is India progressing towards achieving its 500 GW renewable energy target by 2030 according to PM Modi
PM Modi emphasized that speed and scale are crucial for India to reach the 500 GW renewable energy target by 2030.
1. Accelerated project implementation: India has increased the pace of project development for renewable energy sources like solar and wind to meet the target.
2. Policy support: The government has introduced favorable policies and incentives to attract investments in the renewable energy sector.
3. Technology advancement: Embracing technological innovations has enabled India to enhance efficiency and capacity of renewable energy projects.
4. Focus on energy storage: Emphasizing on energy storage solutions such as batteries and grid integration to ensure uninterrupted power supply.
5. International cooperation: Collaborating with other countries and organizations to share knowledge and resources for achieving the ambitious renewable energy target by 2030.
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8 months ago