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Financing India’s Clean Energy Future: Key Takeaways from the National Workshop
Feb 24, 2025
India’s path to becoming the third-largest economy is deeply linked to its commitment to clean energy. Speaking at the National Workshop on Mobilizing Finance for Renewable Energy in Mumbai, Union Minister Shri Pralhad Joshi highlighted the urgent need for renewable energy adoption to ensure both energy security and sustainability.
Key Takeaways from the Workshop:
- Non-Fossil Energy Sources: 50% of India’s energy will come from non-fossil sources, supporting the nation’s green growth.
- Government Initiatives: Initiatives like PM Surya Ghar & PM KUSUM are driving decentralized power and carbon neutrality.
- Access to Finance: Financial institutions must step up, making capital more accessible for clean energy projects.
Building a strong green finance ecosystem and prioritizing renewable energy investments will be essential in helping India meet its ambitious >500 GW non-fossil fuel capacity target by 2030.