What’s the news?
- At the Sydney Energy Forum, the Power minister stated that India has achieved clean energy targets nine years ahead of schedule in November 2021.
- In 2015, India committed to ensuring that 40% of its energy would be from renewable sources by 2030 as part of its Nationally Determined Contributions (NDC).
- India has installed 162 GW (1 GW is a 1000 MW) of renewable energy capacity which is 41% of the 402 GW of electricity installed.
About Sydney Energy Forum
- Indo-Pacific ministers and business leaders are in Sydney for a 2-day forum to help secure clean energy supply chains in the region and support global energy transformation.
- The Australian Government is co-hosting the Sydney Energy Forum with the International Energy Agency (IEA).
- The Indo-Pacific region accounts for about half of the world’s energy consumption and emissions, but is also a key source of the raw materials, products and technologies vital to reducing emissions.
- The Forum will “foster connections between investors, business and government with a focus on innovations in key clean energy technologies such as solar, hydrogen, critical minerals and batteries.”
- Ministers from the United States, Japan, India, Indonesia, and the Pacific Island nation of Samoa are attending the forum along with leaders of major companies that are committed to low emissions technologies.Reference: