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India targets 500 GW renewable energy by 2030, needing $410 billion in investments.
India aims to reach 500 GW of renewable energy by 2030, requiring an investment of about $410 billion.
Union Minister Pralhad Joshi stressed the need for streamlined financing processes from banks and financial institutions to support projects like rooftop solar.
The funds will come from various sources, including public sector banks, international credit, and equity funding.
Joshi highlighted the importance of battery storage and urged collaboration to reduce compliance burdens and support clean energy projects.
India has already made significant progress, with current renewable energy capacity reaching 203.18 GW.
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India apunta a 500 GW de energía renovable para 2030, necesitando $410 mil millones en inversiones.