India’s solar energy capacity increased 32 times in last 10 years: PM Modi

New Delhi: Prime Minister Narendra Modi said in the past few years, India has taken many massive strides in green energy and asserted that “India is the first G20 Nation to achieve the Paris commitments in renewable energy”.

Addressing the first International Solar Festival virtually, PM Modi said the remarkable growth of solar energy is a key reason in making this possible.

“Our solar energy capacity has increased 32-fold in the last 10 years. This speed and scale will also help us achieve five hundred (500) gigawatt non-fossil capacity by 2030” he added.

Over the clean energy transitions Prime Minister Narendra Modi said to ensure an energy transition, the world must collectively discuss some important matters.

“The imbalance in concentration of green energy investments need to be addressed and the manufacturing and technology need to be democratised to help developing countries” he added.

Noting the India is committed to work with the world for a green future, PM Modi said, “G20 last year, we led the creation of the Global Biofuels Alliance and we are also one of the founding members of the International Solar Alliance…adding that every effort to build an inclusive, clean and green planet will have India’s support”.

Talking about the importance of the International Solar Alliance, PM Modi said, “In a short time, the ISA has made a lot of progress. In 44 countries, it has assisted in developing nearly 10 gigawatt of electricity”.

” A number of promising solar startups from Africa, Asia-Pacific, and India are being encouraged. This initiative will also be expanded to Latin America and the Caribbean soon. These are noteworthy steps in the right direction” he added.

Modi also termed India’s growth in the solar sector is the result of a “clear approach” PM Modi said, “Whether in India or in the world, the mantra to increase solar adoption is awareness, availability and affordability”.

The Prime Minister said, “A few months ago, we launched the PM Surya Ghar Muft Bijli Yojana”.
“We are investing Rupees 750 billion in this scheme. Our target is to help 10 million households to install their own rooftop solar panels” .