But getting India there won’t be as simple as flipping a switch
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Good morning [%first_name |Dear Reader%],
It’s Shaswata for Green Margins this week.
The Indian government has big ambitions when it comes to clean energy, especially for solar power. Its 2030 goal is to expand the country’s solar power generation capacity to 280 GW (it was a little over 64 GW as of February-end), but that’s just one side of the coin. India also plans to ramp up the domestic manufacturing of solar modules and cells at the same time, with equally ambitious goals.
Here’s Bhupinder Bhalla, Secretary, Ministry for New and Renewable Energy (MNRE), in an interview to The Hindu earlier this year:
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To put that into perspective, India had a solar module manufacturing capacity of 39 GW as of September 2022.