In charts: India needs a robust solar power policy to meet its renewable energy targets by 2030
Since the country doesn’t manufacture enough solar modules domestically, it will have to spend billions of dollars over the years to import them. Representational image. | Sam Panthaky/ AFP
India is targeting about 450 gigawatts of installed renewable energy capacity by 2030 and, of that, a lion’s share – 280 GW (over 60%) – would come from solar. For the next 10 years, around 25 GW of solar energy capacity is needed to be installed every year, to ensure the sun continues to shine over the country’s sunrise sector.
The target also means India needs to manoeuvre global supply chain issues, irrespective of geopolitical realities and mining concerns, impacting the producers of major minerals required in the solar industry.
Direct commercial flights from India were banned last week as the nation of 1.4 billion battles a surge in illnesses and death, with 357,229 fresh cases on Tuesday.
Australia last week banned direct commercial flights from India as the nation of 1.4 billion battles a surge in illness and death with 355,832 fresh cases on Monday.
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