The International Energy Agency published a report entitled ‘Southeast Asia Energy Outlook 2022’ last month.
The country has already made significant progress with installed renewable energy (RE) capacity reaching 114 GW as of 30 June 2022.
With an increasing number of countries setting strong net-zero targets, there is a global push for the gradual discontinuation of fossil-fuel usage and the large-scale adoption of renewable energy (RE).
By 2030, India aims to source 50% of electric power from non-fossil fuels and reduce carbon emissions by 45% from 2005 levels.
India’s commitment to reach net zero by 2070 and meet 50% of its cumulative installed capacity from non-fossil fuel energy resources is a significant milestone in its fight against climate change.
