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India Launches New Green Energy Scheme to Boost Solar Power by 2030

Summary

The Indian government unveiled a new green energy policy today aimed at increasing solar power capacity to 500 GW by 2030. The scheme, announced in New Delhi, plans to incentivize

The Indian government unveiled a new green energy policy today aimed at increasing solar power capacity to 500 GW by 2030. The scheme, announced in New Delhi, plans to incentivize solar panel manufacturing and expand rooftop solar installations across urban and rural areas. According to Reuters, the policy includes subsidies for households and businesses adopting solar technology, alongside investments in grid infrastructure to support renewable energy integration. This initiative is part of India's broader commitment to reduce carbon emissions and achieve net-zero by 2070. Officials stated the scheme could create over 1 million jobs in the renewable sector while cutting dependence on fossil fuels.
4h ago
Source: Reuters
India Launches New Green Energy Scheme to Boost Solar Power by 2030

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