Energy & Science
India Set to Miss Modi’s Ambitious 2022 Renewables Goal
- Country likely to miss 175 GW of renewables goal by December
- Financially weak power retailers cited as impediment
Solar panels on the roof of an apartment block at dusk in Bengaluru, India.
Photographer: Dhiraj Singh/BloombergThis article is for subscribers only.
From curbing emissions to increasing forest cover, India has often boasted about making progress toward its pledges under the 2015 Paris climate change accord. But officials have kept quiet about one target lately: boosting renewable energy.
That may be intentional. With the pandemic halting work and projects hitting logistics snags, India is on track to miss its goal of increasing renewable energy capacity to 175 gigawatts by the end of 2022. Solar and wind alone account for 160 gigawatts and the country could fall 36% short of that figure, BloombergNEF estimates.