Name: India needs to scale up solar energy capacity to meet its renewable goals, report says
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India needs to scale up solar energy capacity to meet its renewable goals, report says

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As the entire world is sailing towards a sustainable future by steadily pursuing the energy transition journey, a new analysis has said that India needs to scale up its solar power capacity&nbsp;by at least 36 percent a year for at least the next half-decade to meet its energy mix goals.&nbsp;In its recent report,&nbsp;UK-based energy think tank Ember said that Asia's second-largest economy should also upgrade its solar power plants&nbsp;to deal with the intermittent nature of renewable energy sources.&nbsp;The report added that India should also require&nbsp;better storage solutions to address the variable supply of sources like solar and wind to successfully materialize its renewable targets.&nbsp;On the positive side, the British organization noted that India is achieving steady progress in terms of implementing renewable energy plants in the nation.&nbsp;According to the report, investments in the renewable sector are growing in India, and the country has&nbsp;commissioned a record amount of solar capacity in 2023.&nbsp;The report added that India's recently launched National Electricity Plan is a starting point which will help the country achieve its renewable goals in the coming years.&nbsp;Even though India will rely on coal-generated power in the near term, the percentage of renewables in the energy share will witness a drastic rise, the report added.&nbsp;While solar accounted for just five percent of India's total electricity generation in 2022, the implementation of NEP projects will help to raise this to 25 percent by 2032.&nbsp;India has already committed&nbsp;to a goal of 500 GW renewable energy capacity&nbsp;by 2030. Moreover, the country also aims to produce five million tonnes of green hydrogen by the end of this decade.&nbsp;Earlier in September, the Economic Times, citing people familiar with the matter had reported that India is aiming&nbsp;to produce 25 million tons of green hydrogen annually by 2047.&nbsp;India's massive expansion to increase green hydrogen production is to curb energy imports and wean the economy off fossil fuels to meet climate targets, the report added.&nbsp;Trending nowJoin the DiscussionAdvertisementMOST POPULARBest Trick to Maximise your Shopping Experience during Flipkart Big Billion Days 2023Jr NTR's Devara Follows Baahubali Model; Set To Release In Two Parts (But Why)Sobhita Dhulipala reveals how 'Deepika Padukone in Om Shanti Om' comforted her as a kidCourt grants divorce to Shikhar Dhawan on grounds of mental agony, cruelty by wife; cricketer allowed to meet son [details]Aishwarya Rai Bachchan Then and Now: Former Miss World's transformation over the years [PICS]Ileana D'Cruz shares raw, tearful picture with son Koa: "Nothing prepares you for the pain"Renowned Fashion Designer Mandira Wirk Takes the Global Stage with A-List Celebrity Endorsements and Authentic Stylish Designs'Why the fillers and Botox?': Aishwarya Rai stuns in black outfit; netizens miss the OG beauty of Former Miss WorldAdvertisementMust ReadAdvertisement

As the entire world is sailing towards a sustainable future by steadily pursuing the energy transition journey, a new analysis has said that India needs to scale up its solar power capacity&nbsp;by at least 36 percent a year for at least the next half-decade to meet its energy mix goals.&nbsp;In its recent report,&nbsp;UK-based energy think tank Ember said that Asia's second-largest economy should also upgrade its solar power plants&nbsp;to deal with the intermittent nature of renewable energy sources.&nbsp;The report added that India should also require&nbsp;better storage solutions to...

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Nirmal Narayanan

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India needs to scale up solar energy capacity to meet its renewable goals, report says

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