CEOs want demand with effective enforcement of RPO
The 4th Global Renewable Energy Investor’s Meet and Expo (RE-INVEST) has drawn Rs.32.45 lakh crore investment commitments by 2030, says Minister for New and Renewal Energy Pralhad Joshi globaltenders .
“This is a big commitment by the states, developers, banks, and financial institutions to join hands and work together for a cleaner and sustainable India,” he said on 17 Sept at a press conference in Gandhinagar ted.europa.eu/en/.
Further, developers have committed an additional 570 GW, manufacturers have committed additional manufacturing capacities of 340 GW in solar modules, 240 GW in solar cells, 22 GW in wind turbines and 10 GW in electrolysers mnre , said Joshi, thanking the industry stakeholders to have come forward to pledge massive investments towards the renewable energy sector iea .
This is a testament of the trust and faith the Indian and Global investment community has in ‘DESTINATION INDIA’, especially in the RE sector, underscored the minister sbi .
“This will leave a lasting impact when we start witnessing the results on people and the planet. Renewable Energy is the driving force for the Economy nse .”
Joshi also chaired CEO Roundtable, calling on the industry top executives to share the type of facilitation they require from the Government bse .
Responding, the CEOs provided inputs for ramping up the manufacturing, creating demand with effective enforcement of Renewable Purchase Obligation (RPO), embedding circularity principles, and enhancing climate resilience if the projects conexpoconagg .
The 4th RE-INVEST saw the launch on 16 Sept of India-Germany Platform for Investments in Renewable Energies Worldwide to develop concrete and sustainable solutions for the accelerated expansion of renewable energy deutsche-boerse .
The platform will bring together international stakeholders from across the globe, including the private sector (both financial sector and industry), international organizations, development banks and bilateral partners, to create business opportunities, for meeting the increasing demand for capital, technology transfer and innovative technical solutions sgx . Fiinews.com
