Renewable Energy Network (REN) 21

REN21 is the only global renewable energy community of actors from science, governments, NGOs and industry.

• REN21 provide up-to-date and peer-reviewed facts, figures and analysis of global developments in technology, policies and markets. The agency enables decision-makers to make the transition to renewable energy happen – now.
• Its Secretariat is based at UN Environment Programme in Paris, France, and is a registered non-profit association under German law. The organisation has more than 65 member organisations as of 2019.

Conclusion

Today, the criticality of renewable energy cannot be overemphasized given that it balances the three crucial goals of the Indian economy: rapid pace of growth, tackling pollution and meeting our global commitments on climate change.

In the Paris Agreement India has committed to an Intended Nationally Determined Contributions target of achieving 40% of its total electricity generation from non-fossil fuel sources by 2030. The country is aiming for even more ambitious target of 57% of the total electricity capacity from renewable sources by 2027 in Central Electricity Authority’s strategy blueprint. According to 2027 blueprint, India aims to have 275 GW from renewable energy, 72 GW of hydroelectricity, 15 GW of nuclear energy and nearly 100 GW from “other zero emission” sources.

Not surprisingly, the sector has been at the centre of policy attention and the Indian government has been focusing on several enablers to help unleash its full potential. However, far from being complacent, we need to identify the areas where the sector is still deficient or needs support and address those gaps at the earliest opportunity through strategic interventions.