In a momentous celebration, the Renewable Energy Festival of India marked the first anniversary of the National Portal for Rooftop Solar and the Foundation Day of the All India Renewable Energy Associations (AIREA). The event witnessed the esteemed presence and address by the Union Minister of State for Chemicals & Fertilizers, and New and Renewable Energy, Shri Bhagwanth Khuba. Additionally, the occasion was graced by Goa Chief Minister Dr Pramod Sawant and Minister of Power Shri Sudin Dhavalikar.
Minister Bhagwanth Khuba highlighted India’s resolute commitment to providing energy and food security for all its citizens. He proudly announced that India had not only achieved but surpassed its visionary target of 175 GW of renewable energy (fossil fuel) by 2022, as initially set at the COP 2015 conference. This remarkable feat garnered global recognition. Moreover, at the COP 26 conference, the Prime Minister unveiled an even more ambitious goal: India’s aim to reach 500 GW of renewable energy by 2030, with a grand vision of achieving net zero emissions by 2070. Minister Khuba emphasized that India stands as the only country to have realized the COP-15 goal, but acknowledged that substantial efforts lie ahead to attain the net zero target.
To promote self-sufficiency and indigenous production in the energy sector, the Indian Government launched Production Linked Incentive (PLI) schemes for renewable energy. Under this scheme, an impressive PLI of Rs. 1500 crore was initiated, enabling the installation of 65 GW capacity through an investment of Rs. 19500 crore. By 2030, India aspires to achieve a total of 500 GW, with 280 GW of it hailing from solar energy.
The commitment to clean energy sources was further demonstrated through the implementation of a PLI scheme of Rs. 17500 crore for the National Hydrogen Mission. This step is set to propel India’s rapid advancement in the energy sector.
Chief Minister of Goa, Dr Pramod Sawant, highlighted the state’s own initiatives in the realm of green and clean energy. Assuring positive contributions towards achieving the Net Zero target, Chief Minister Sawant showcased Goa’s dedication to sustainability.
The event also commemorated the launching of the National Portal for Rooftop Solar on 30/07/2022 by Prime Minister Narendra Modi, underscoring India’s forward strides in harnessing renewable energy sources.
The Renewable Energy Festival of India served as a platform to celebrate past achievements and galvanize collective efforts towards a sustainable, greener, and energy-secure future for the nation.