Minister highlighted India’s proven capability to scale solar
The real challenge of the global energy transition lies in building infrastructure that is resilient, scalable and investment-ready, Minister for New and Renewable Energy Pralhad Joshi has told delegates at the World Economic Forum Annual Meeting 2026 in Davos https://www.iea.org/.
Speaking at a session on “Resilient Infrastructure for Growth”, he highlighted India’s experience of combining scale with system resilience, pointing out that India has achieved 267 GW of non-fossil fuel capacity as of December 2025 and is firmly on track to meet its 2030 targets.
“This is backed by robust policies, strong domestic manufacturing, grid modernisation, energy storage solutions and emerging frameworks for geothermal and nuclear energy,” said the Minister emphasizing the need for patient capital, blended finance and deeper collaboration among governments, the private sector and multilateral development banks to enable a sustainable and inclusive global energy transition https://www.conexpoconagg.com/ .
Joshi also delivered the keynote address at the roundtable “Delivering Sustainability at Scale: Pathways for Global Transformation” in Davos, sharing India’s perspective on how sustainability has moved to the core of economic growth and development, the Ministry of New and Renewable Energy said on 20 Jan in a release.
He underlined that sustainability is no longer a peripheral concern but a central driver of competitiveness, resilience and long-term growth, and emphasised that the defining challenge of this decade is not whether the world should transition, but how sustainability can be delivered at scale, at speed and in an economically strengthening manner.
The Minister reiterated India’s commitment to achieving net-zero emissions by 2070, and pointed out that India views sustainability as a strategic transformation of the economy and society, rather than merely a technological shift, and is pursuing renewables with conviction as the most reliable, affordable and future-ready pathway for growth http://weforum.org.
In a meeting with Dr Said Mohammed Ahmed Al Saqri, Economic Advisor at the Office of the Deputy Prime Minister for Economic Affairs, Oman, Joshi highlighted India’s proven capability to scale solar, wind, green hydrogen and energy storage solutions, including in arid and desert conditions. Discussions covered potential areas of cooperation like joint collaboration on manufacturing and export of solar modules, electrolysers and green hydrogen, investments in renewable-powered hydrogen hubs, integrated energy projects and port-based export infrastructure, and leveraging the India–Oman CEPA and cooperation under the International Solar Alliance and the One Sun One World One Grid initiative.
The Minister held a forward-looking meeting with Maxime Prévot, Deputy Prime Minister and Minister of Foreign Affairs, European Affairs and Development Cooperation of Belgium. The discussions reaffirmed the strength of the India–Belgium partnership, anchored in mutual trust, predictability and shared democratic values.
He also held a constructive with Subaih Abdul Aziz Al-Mukhaizeem, the Minister of Electricity, Water and Renewable Energy, Kuwait; wherein issues pertaining to investments in the Renewable Energy sector were discussed.
Joshi also held discussions with Charles Emond, President and CEO, and Sarah Bouchard, COO of La Caisse, focusing on scaling long-term climate and clean-energy investments in India. He encouraged upscaling the “Partner with India” initiative to tap into the group’s committed US$400 billion in climate action investments by 2030, highlighting strong alignment between India’s clean-energy ambitions and La Caisse’s climate investment strategy.
In another interaction, the Minister met Juvencio Maeztu, CEO and President of Ingka Group, which operates the IKEA retail business. The Ingka Group expressed keen interest in entering India’s renewable energy sector in a significant manner, particularly in solar, wind and hybrid solutions. Shri Joshi encouraged the group to scale up its engagement in India, leveraging the country’s stable policies and investment-friendly ecosystem.
Joshi also inaugurated the India Pavilion at the World Economic Forum. The Pavilion showcases India as a reliable, competitive and future-ready destination for global partnerships and investments, highlighting policy stability, reform-led growth and a predictable regulatory environment. It presents India’s strengths across manufacturing, infrastructure, renewable energy, technology and innovation, aligned with the vision of Viksit Bharat 2047 and a commitment to sustainable and inclusive growth.
The Minister updated delegates that even during periods of global slowdown and supply-chain disruptions, India has accelerated its growth by building resilience and expanding capabilities with a long-term vision.
He emphasised that India is emerging as a trusted and future-ready destination for global investment, offering stable returns, strong policy certainty and long-term opportunities for innovation, expansion and sustainable value creation. Fiinews.com
