India’s renewable energy sector poised to drive economic growth

Union Minister Pralhad Joshi emphasized the rapid growth of India’s renewable energy sector and its potential to significantly boost the economy. Speaking at the BNEF Summit, Joshi highlighted the Modi government’s initiatives to promote renewable energy, including competitive industry structures and low solar power costs due to India’s abundant sunny days. The minister stressed that India’s path to decarbonization lies in meeting incremental electricity demand with non-fossil fuel sources, for which large-scale grid storage solutions…