India continues to champion solar power in its future plans of a 500 GW non-fossil fuel energy installation target for 2030.
With India’s ambitious 2030 clean energy targets and the 2070 net-zero goal, more was expected from the Union Budget 2023-24 to increase the uptake of electric vehicles (EVs) and solar photovoltaics (PVs).
Wind energy systems are expected to play a crucial role in meeting India’s ambitious goal of 450 GW of renewable energy installed capacity by 2030, which includes 140 GW of wind energy.
India’s plans to add more than 200GW of solar PV capacity will include significant contribution of agriPV.
India is among the top five leading countries in solar power installed capacity.