India Reaches 50% Non-Fossil Power Capacity and Targets $300 Billion in Investments
The Indian government announces it has crossed the 50% threshold for installed non-fossil capacity. The country aims to mobilize $300 billion by 2030 to finance energy storage and the green hydrogen sector.
| Countries | Émirats Arabes Unis, Inde, États-Unis |
|---|---|
| Companies | IRENA |
| Sector | Énergie Nucléaire |
| Theme | Marchés & Finance |
Indian Energy Minister Pralhad Joshi declared before the International Renewable Energy Agency (IRENA) that India now has installed non-fossil power capacity exceeding 50%. This base includes nuclear, large hydropower and renewable energy. According to the data communicated, total installed capacity exceeds 500 GW, of which more than 266 GW comes from renewables. The call to mobilize $300 billion by 2030 marks a new development phase focused on power system flexibility.
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