Renewable energy can provide a quarter of India’s power needs by 2030, according to a new report.
A study released by the International Renewable Energy Agency (IRENA) today lays out what the country needs to do to achieve that target. The Renewable energy prospects for India paper pinpoints solar, wind and hydropower as areas of significant potential and says investment in renewable generation will have to double if the country’s clean energy potential is to be realised.
“With one of the world’s largest and most ambitious renewable energy programmes, India is taking a leading role in the energy transformation both regionally and globally. India possesses a wealth of renewable resources, particularly for solar and bioenergy development, which can help meet growing energy demand, power economic growth and improve energy access, as well as boost overall energy security,” said IRENA Director-General Adnan Z. Amin.
IRENA’s findings on India are part of its Remap initiative, which looks at the policies countries, cities and the wider world need to implement to accelerate towards sustainable energy use. Similar analysis has been carried out on countries including Germany, China, America and Russia.