India’s renewable energy capacity is majorly concentrated in the south and west regions of the country, in which there are seven leading states in this sector include – Andhra Pradesh, Gujarat, Karnataka, Maharashtra, Rajasthan, Tamil Nadu, and Telangana contributing almost 80% of the total installed renewable energy to the country.
India’s renewable energy sector is facing problems due to the uneven distribution of green sectors which includes solar PV manufacturing, leading to concerns related to sustainability and the nature of the country’s energy transition. All these issues were discussed at the conference organized by the environmental think tank, International Forum for Environment, Sustainability, and Technology (iFOREST).
The conference focused on the increasing imbalance of all the regions in renewable energy development across India. They conveyed effective policies and strategies for the future. The national conference also included stakeholders, policymakers, state agencies, and experts in renewable energy industries.
In his opening remarks, Chandra Bhushan, CEO and President of iFOREST emphasized the importance of inclusive participation from all states in achieving India’s ambitious renewable energy, green hydrogen, and energy storage targets. He said, “As India advances towards its ambitious renewable energy goals, it’s vital that all states participate equally. This approach will not only prevent excessive investments in grid infrastructure but also promote equitable green growth, generate jobs, and enhance energy security.
Chandra Bhushan, CEO and President of iFOREST highlights the significance of involvement by all the nation’s states to achieve renewable energy, green hydrogen, and energy storage goals. He also said, “ As India advances towards its ambitious renewable energy goals, it’s vital that all states participate equally. This approach will not only prevent excessive investments in grid infrastructure but also promote equitable green growth, generate jobs, and enhance energy security.”
At the conference, iFOREST released two reports to balance renewable energy growth in India. One of the reports was Decoding ISTS Charges Waivers: Implications on System Costs and Procurement Decisions and the second report was Strengthening Renewable Energy Development Agencies in India
The conference coincides with the Union government’s considering the development of an energy transition policy, as outlined in the Budget by the Finance Minister. Stakeholders focused on the importance of collaborative efforts to distribute the benefits of India’s expanding renewable energy sector across the whole country.
To protect ecological balance, participants recommended prioritizing solar technologies with a smaller land footprint, such as floating, rooftop, and agri-photovoltaic systems. Clear and supportive policies are required for these technologies to be acquired.
