The Bank of Baroda, one of India’s leading banks, recently hosted the Clean Energy Summit 2026 in Mumbai, bringing together over 125 delegates from the renewable energy sector. The summit, themed “Powering India’s Green Growth,” aimed to discuss the future of sustainable power and green financing in India, with a focus on achieving the country’s 2030 renewable energy targets. The event provided a platform for key stakeholders, including renewable energy developers, corporates, investors, rating agencies, and policy experts, to deliberate on scalable, bankable, and future-ready renewable energy solutions.
The summit featured high-level discussions on growth opportunities, innovation, risk management, and capital mobilization in the renewables sector. Dr. Debadatta Chand, Managing Director & CEO of Bank of Baroda, emphasized the importance of aligning capital with climate responsibility and the need for large-scale capital mobilization, innovative financing structures, and close collaboration among policymakers, developers, and financial institutions. Shri Lalit Tyagi, Executive Director of Bank of Baroda, highlighted the bank’s commitment to supporting clean energy and ensuring that India’s green ambitions translate into bankable and scalable realities.
The summit included panel discussions on scaling renewables and financing the transition. The first panel discussion focused on building scalable, bankable, and future-ready renewable companies and platforms, with business leaders from leading renewable energy companies sharing their insights on the shift from megawatt-scale projects to gigawatt-scale platforms and the integration of storage and hybrid technologies. The second panel discussion, themed “Financing the Green Transition,” brought together senior leaders from various financial institutions to discuss evolving bankability standards, offtaker risk assessment, payment security mechanisms, and the growing role of green bonds and blended finance in mobilizing capital for clean energy projects.
A sector outlook presentation by CARE Ratings provided insights into capacity growth trends, capital requirements, and key risk factors shaping India’s renewable energy industry. The presentation highlighted the need for significant investment in the sector to achieve India’s renewable energy targets and the importance of addressing execution risks, balance-sheet management, and governance at scale. Overall, the Clean Energy Summit 2026 provided a valuable platform for stakeholders to discuss the challenges and opportunities in India’s renewable energy sector and to explore ways to accelerate progress towards the country’s 2030 renewable energy targets.