India is the latest addition to the countries drawing efforts to set target for development of renewable energy. In the latest announcement made by President Ram Nath Kovind, he said the country was driving towards achieving 450 GW of renewable energy by 2030 and also provide 17 lakh solar pumps to farmers. Based on sources, the projects will be part of the Pradhan Mantri-Kusum Yojana which will further capitalize on this clean resource.
The president further also added that the country was already working towards achieving the target of 75 GW of renewable energy by 2022 which includes 100 GW of solar and 60 GW of wind energy.
Sources further suggest as of December 2019, 86 GW of renewable energy capacity has already been achieved, which included 34 GW of solar and 38 GW of wind energy. In addition, around 36 GW of clean energy is reportedly under installation and about 35 GW is under bidding stage. Furthermore, Kovind also mentioned that under the second phase of the solar roof top programme, the target was to generate 38 GW of electricity.
In addition, Kovind emphasized on India’s global partnership after International Solar Alliance (ISA). The ISA was established under the aegis of India to provide a dedicated platform for cooperation among solar resource rich countries. 85 countries have signed the ISA framework agreement and a total of 64 nations have ratified it.
In the wake of the consequences, Kovind said, while addressing a joint sitting of both Houses of Parliament: “Keeping environment conservation in mind, my Government has enhanced the target for producing renewable energy to 450 gigawatts (GW). Under the Pradhan Mantri-Kusum Yojana, it has been targeted to provide more than 17 lakh solar pumps to farmers across the country.”