Ensuring the Success of Solar – India’s Green Energy Transition

Illuminem.com

March 24, 2023

The Economic Times Energyworld Solar Power Congress 2023′:The Role of Policy Measures and Financial Institutions towards India’s Energy Transition Goals.

https://illuminem.com/illuminemvoices/19f32865-9407-40aa-9f4b-0d2fc10c606b

Honoured to be invited by the host – The Economic Times Energyworld Solar Power Congress 2023, last Friday. In this resulting Op-Ed for illuminem, I share my thoughts from a panel discussion on ‘The Role of Policy Measures and Financial Institutions towards India’s Energy Transition Goals’.

Starved of steady and reliable fund flow into renewable energy – to ensure the decarbonisation of our economy – what are the possible options? Hitting 450 to 500 GW by 2030 requires upwards of USD 500 bn. To achieve the Green Alpha, can we leverage Blended Finance synergies (will a fragmented financial services architecture converge?); Solar Cooperatives (leveraging the genius of cooperative movement). Is an ‘Amul of Solar Power’ within our reach? Diversity & Inclusion (unleashing the women power – already proving their mettle on the selling side in some of the states – to the generation side, as well?).

All this and a lot more…