Abstract:

India’s continued commitment to achieving the clean energy transition is well recognized worldwide. At COP26, India announced the highly ambitious goal of decarbonizing energy to 50% and achieving 500 GW of fossil fuel-free generating capacity by 2030, a significant increase over its Paris commitments. Achieving the targeted non-fossil fuel capacity and generation from renewables by 2030 is feasible, however, a well-planned strategy and action plan will be crucial in addressing the challenges given their massive scale. This paper examines various pillars and strategies for achieving India’s 2030 decarbonization target. It aims to not only help India achieve energy security but also make it a global manufacturing hub in renewable energy.