India has made strides in expanding its renewable energy capacity over the past year, but a funding gap of over $100 billion could still derail it from meeting International Energy Agency’s (IEA) net-zero emission pathway by 2030, a report by accounting firm Ernst & Young warns. In the 2023-24 financial year, India added nearly 26 GW of new power generation capacity, with over 70% coming from renewable sources like solar and wind. Renewables now account for 33% of the country’s total…
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Source: https://www.mercomindia.com/india-short-100-billion-iea-net-zero