India knights energy

What is India Energy Week?

Building on its legacy of advancing the energy industry, India Energy Week drives actionable progress in energy transition and innovation. The event brings together global leaders, policymakers and industry experts to explore solutions that ensure affordable, secure and sustainable energy for all.

How has India achieved its energy transition goals?

India has set bold ambitions and demonstrated remarkable progress on energy transition investment. For example, it surpassed its 2030 goal of achieving 40% of installed capacity from renewable energy sources nine years in advance.

What will India's energy future look like?

According to Jennifer Granholm, US Secretary of Energy, “In so many ways, the world’s energy future will depend on India’s energy future.” In line with this, the country is adopting ambitious goals for deploying solutions such as clean hydrogen, energy storage, carbon capture and sustainable aviation fuels.

How much will India invest in battery storage?

Investment in battery storage alone must reach $9-10 billion annually. Fast renewable growth drives exponential demand growth for energy storage in India. The country intends to build 47 gigawatts (GW)/236 GW hours (GWh) of battery storage capacity by 2031-32.

What is India's Aspiration for Energy Independence?

India’s aspiration for energy independence was a recurring theme during our visit. Internal coal reserves provide independence in the short term. In the medium to long term, renewables offer a path to greater energy independence, especially for sectors beyond power, such as transportation and industry.

How is India advancing Advanced Energy Solutions?

As the world watches, India is progressing advanced energy solutions rapidly. India is setting ambitious targets for deploying advanced energy solutions such as clean hydrogen, energy storage and carbon capture. By 2030, it plans to invest over $35 billion annually in these areas.