Antinuclear

Indian govt forecasts 57% renewable energy penetration by 2027, and no new coal plants

India to reach 57% renewable penetration by 2027, forecasts government Bullish ten-year energy blueprint suggests India will surpass renewable targets outlined in Paris Agreement by more than 50% and three years ahead of schedule. DECEMBER 21, 2016 IAN CLOVER , PV MAGAZINE, The Indian government is expecting the country to source 57% of its energy requirements from renewables by 2027 – three years and many percentage points ahead of the 2030 target of 40% agreed to in Paris at COP21 last year.

This bold statement by India’s Central Electricity Authority is outlined in a draft ten-year energy blueprint that projects private investment in India’s solar and wind industries to drastically increase over the next decade, propelling installations to new heights and smashing the already-ambitious targets.

According to the plan, India will have installed 275 GW of renewable energy by 2027 – with more than half of figure likely to come from solar.

Piyush Goyal, the Indian energy minister, has also confirmed that there will be no new coal-fired power plants built until at least 2027 as the country hedges its energy future on renewable energy and takes seriously its pledges made under the Paris Agreement………https://www.pv-magazine.com/2016/12/21/india-to-reach-57-renewable-penetration-by-2027-forecasts-government/

December 23, 2016 - Posted by Christina Macpherson | Uncategorized