India may miss key climate goal of 500-GW RE capacity by 2030 due to high capital cost
India's goal of 500 GW renewable energy by 2030 is at risk due to delays in project commissioning and increased financing costs, warns an Ember report. To meet the target, annual funding must grow by 20% annually, reaching $68 billion by 2032. Cumulative investments need to total $300 billion, with targeted mitigation measures crucial for cost control.
India's goal of 500 GW renewable energy by 2030 is at risk due to delays in project commissioning and increased financing costs, warns an Ember report. To meet the target, annual funding must grow by 20% annually, reaching $68 billion by 2032. Cumulative investments need to total $300 billion, with targeted mitigation measures crucial for cost control.
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