India’s investments in renewable energy have accelerated in recent years. Traditional energy sources that use hydrocarbon resources are being replaced with green energy like solar, wind, and hydrogen for newer capacity additions. The impact may be slow, but we’re not far from a big disruption.
From a green energy transition standpoint, India, like any other country in the world was a non-player in the renewable energy segment till about 2010. However, over the past decade, India has emerged as one of the fastest-growing renewable energy markets in the world.
Today, we are sitting at about 160 gigawatts (GW) of capacity, and with the government’s ambition, we need to add about 30GW over the next eight years. The speed at which India has adapted to this change has helped it gain expertise in building large-scale projects such as Bhadla Solar…