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LATEST NEWS UPDATES | The setting sun on India's solar dreams -Tanya Thomas

The setting sun on India's solar dreams -Tanya Thomas

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published Published on Nov 27, 2019   modified Modified on Nov 27, 2019
-Livemint.com

* Caught in an economic slowdown, India’s clean energy transition is likely to go for a toss. What will be the cost?

* The ongoing slowdown in economic growth and electricity demand has worsened the deep stress in India’s renewable energy industry, sending it into a tailspin

MUMBAI:
In September, while speaking at the United Nations Climate Action Summit in New York, Prime Minister Narendra Modi committed to setting up 450 gigawatts (GW) of non-fossil fuel power by 2022. With this, he more than doubled the initial target of 175GW of green energy that his own government had set in 2018. “We must accept that if we have to overcome a serious challenge like climate change, then what we are doing at the moment is just not enough," Modi told the audience of gathered world leaders in New York.

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Livemint.com, 25 November, 2019, https://www.livemint.com/industry/energy/the-setting-sun-on-india-s-solar-dreams-11574612085929.html


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