India Heading Towards Non-Fossil Fuel Energy Target As Announced By PM Modi At COP26: TS Tirumurti
Date
6/23/2022 3:08:30 AM
(MENAFN- Trend News Agency)
Indian Permanent Representative to UN, Ambassador TS Tirumurti
said that India is moving towards the target of non-fossil energy
capacity of 500 GW as announced by Prime Minister Narendra Modi at
COP26 Glasgow, Scotland.
This comes as Tirumurti co-hosted a virtual event with Olof
Skoog, Ambassador, Head of the EU Delegation to the United Nations.
The Theme of the event was“2022-A Critical Year for Solar
Energy”.
Ambassador of France Nicolas de Riviere, Ambassador of Palau
Ilana Seid and International Solar Alliance Director-General Ajay
Mathur also made their contributions during the event.
While addressing the event, Tirumurti highlighted that India has
a clear vision that sustainable growth is possible only through
sustainable energy sources.
“As announced at the COP26 in Glasgow by Prime Minister Narendra
Modi, we are moving towards the target of non-fossil energy
capacity of 500 GW. The share of renewable energy in the energy mix
stands considerably enhanced to about 40 per cent,” India at UN
said in a tweet quoting highlights of Tirumurti's remarks.
India has over-achieved the 2022 targets for renewable energy.
In less than 8 years, solar capacity has increased from around 2.6
GW to more than 46 GW. This has contributed in taking India to the
4th position globally for overall installed renewable energy
capacity.
In this year's budget, around 2.5 billion USD has been announced
just for high-efficiency solar module manufacturing. There is also
a huge market for solar stoves, which is necessary for India's
clean-cooking movement.
Indian start-ups have been instrumental in carrying forward the
country's solar ambitions. Architects and builders are also urged
to work on the concept of solar trees in the construction of houses
that could cater to 10-20 per cent of the household's electricity
needs.
Efforts have also been made to make solar power more accessible.
Solar power tariff has been reduced by more than 75 per cent using
plug and play model, and a record low solar tariff of less than 3
cents per unit has been achieved.“Along with energy production,
energy storage and energy conservation are also important for
sustainability; and we need to work together to find solutions to
these issues,” Tirumurti stressed.
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