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Date: 12/03/2025

India’s clean energy tech capacity seen rising by 2030: S&P
 
India’s clean energy technology capacity is projected to rise significantly by 2030 but the country is likely to miss its green energy target due to challenges like availability of technological innovation and skilled labour, according to a report by S&P Global Commodity Insights. The Centre has set a target for establishing 50% cumulative electric power installed capacity from non-fossil fuel-based energy resources by 2030. Projections indicate that India will reach 107 GW in PV modules, 20 GW in wind nacelles, 69 GWh in battery cells and 8 gigawatts equivalent (GWe) in electrolysers. This growth will enable India to achieve full self-sufficiency in solar PV and wind, and over 90% in battery cells, S&P Global Commodity Insights said. While the manufacturing capacity is growing, India still faces obstacles in achieving its ambitious renewable energy installation targets, as per a report.
 
 
source: Exim News Service: New York, March 11



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