World 5 min read

Climate Summit: India Commits to 500 GW Renewable Energy by 2030

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Solar renewable energy

PM announces accelerated green energy target at COP30. Solar and wind investments to double.

PM announced accelerated 500 GW renewable energy target by 2030 at COP30 climate summit.

Current installed capacity stands at 190 GW solar and wind combined. Requires $200 billion investment.

Green hydrogen mission expanded with 10 new production hubs. Coal phase-down timeline extended to 2045.

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Developed nations pledged $50 billion climate finance for India green transition projects.

Environmental groups welcome ambition but demand faster coal retirement and stronger enforcement.

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