India Development News & Foreign Investment Opportunities

India set to be centre of renewables

ISA’s positive signals to markets


ISA’s positive signals to markets


Prabhu addressing the Dialogue.


India will become the centre of  “Sunshine Countries” in the International Solar Alliance (ISA) Project when it completes its ambitious renewable programme of 100 GW of solar power by 2022.

Stating this in New Delhi on 29 June 2018, Commerce and Industry Minister Suresh Prabhu said India has set a target of achieving 40% of its total electricity generation through non-fossil fuel sources by 2030.

He said the ISA is also sending positive market signals to its 120 member countries on renewables.

Speaking at Renewable Energy Dialogue, he called for investments in renewables and promotion of new technologies.

The Dialogue brought together several national and international stakeholders from the renewable energy community to deliberate on the drivers and challenges facing the sector, both in India and globally.

Independent studies on scaling up rooftop solar panels, clean energy investment trends, addressing renewable energy curtailment, and risks in renewable energy markets in emerging economies were released at the Dialogue.

The Renewable Energy Dialogue was organised by the Council on Energy, Environment and Water (CEEW) in collaboration with Ministry of New and Renewable Energy (MNRE), the ISA), International Energy Agency IEA, Shakti Sustainable Energy Foundation (SSEF) and REN21.

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