New Delhi. Union Minister Pralhad Joshi said that India will become the engine of green energy growth for the world as the country is expected to install 100 GW of electrolyser manufacturing capacity by the year 2030. Joshi, the Minister of New and Renewable Energy, expressed this possibility while inaugurating the electrolyser manufacturing plant of a private company in Doddaballapur, Karnataka. He said, India has the potential to become the driver of green energy growth in the world. The demand for green hydrogen will boost the demand for electrolysers in India. It is expected that by the year 2030, 60 GW to 100 GW of electrolyser capacity will be installed in India.
His remarks are significant as the government has set a target of setting up 5 million tonnes of green hydrogen capacity. Electrolyser is a key component used in the production of green hydrogen. Joshi said green hydrogen is a way to decarbonise sectors such as transport, steel manufacturing and heavy industry.
He said clean energy can power vehicles, fuel factories and light homes without emitting carbon. On the overall renewable energy sector, he said India has achieved many milestones in this sector under the leadership of the Prime Minister. Renewable energy capacity has grown 2.5 times from 76 GW in 2014 to over 195 GW by June 2024. He said solar power capacity has grown from just 3 GW in 2014 to over 85 GW now, while wind power capacity has grown from 21 GW to over 46 GW in this decade.
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