India Poised to Lead Global Green Energy Revolution

India is set to become a global green energy leader, with an expected installed electrolyser manufacturing capacity of up to 100 GW by 2030. Union Minister Pralhad Joshi highlighted the country's potential at an inaugural event, emphasizing the importance of green hydrogen in decarbonizing various sectors.

India is on track to become a global leader in green energy growth, with an anticipated installed electrolyser manufacturing capacity of up to 100 GW by 2030, said Union Minister Pralhad Joshi on Friday.

Speaking at the inauguration of an electrolyser manufacturing facility in Doddaballapur, Karnataka, the Minister for New and Renewable Energy emphasized India's potential to drive global green energy growth. By 2030, India is expected to have an installed electrolyser capacity ranging from 60 GW to 100 GW.

Joshi's remarks are significant as the government aims for 5 million metric tonnes of installed green hydrogen capacity. He highlighted that green hydrogen is crucial for decarbonizing sectors including transportation, steel, and heavy industries, and can power vehicles, fuel factories, and illuminate homes without leaving a harmful carbon footprint.

On the broader renewable energy landscape, Joshi noted that India's renewable energy capacity has more than doubled from 76 GW in 2014 to over 195 GW as of June 2024. Solar power capacity surged from 3 GW in 2014 to over 85 GW, while wind power capacity grew from 21 GW to over 46 GW during the same period.

(With inputs from agencies.)