India's government supports clean technologies to enhance domestic value addition and create an ecosystem for solar cells, EV batteries, turbines, and high-voltage transmission equipment amid rising electricity demand and global supply challenges. These measures aim to drive capacity expansion and position India as a leader in clean energy manufacturing, aiding the country's 2030 non-fossil fuel power target.
As India moves towards energy transition, the government will focus on supporting clean technologies.
The move aims to improve domestic value addition and build an ecosystem for solar cells, electric vehicle batteries , motors and controllers, electrolyzers, wind turbines, very high-voltage transmission equipment and grid-scale batteries.
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Clean technologies are seen playing a critical role in India's energy transition and its ambitious target of having 50% of non-fossil fuel-based power by 2030.
The policy measures will drive capacity expansion, fortify supply chains, and position India as a global leader in clean energy manufacturing, according to Amit Paithankar, whole-time director and CEO, Waaree Energies .- Team ET