The Indian government has ambitious plans to speed up the renewable energy capacity to 175 gigawatts by the end of this year and 500 gigawats by the end of this decade.
How is the country positioned to meet these targets, and how can the transition be financed? What role can Norway and Norwegian companies play in the shift?
Renewable energy gives India an opportunity to skip over the fossil stage for energy access to a large population, and fast track renewable energy solutions.
India includes finding decentralized solutions, in addition to centralized national electricity grid expansions, like we are used to in Norway.
As countries transition through the development continuum, they lose access to certain types of financing, but gain access to a broader variety of actors, tools and instruments.
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