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Detailed explanation-1: -India needs $300 bn investment to meet 500GW renewable energy aim by 2030: Report. New Delhi: India will need additional investment of around $300 billion to complete the 500-gigawatt renewable energy capacity target by 2030, according to a report.

Detailed explanation-2: -In order to keep its global commitments to source half its energy from non-fossil fuel sources by 2030, India must instal 500 GW of capacity at a cost of ₹2.44 lakh crore, according to a new plan report.

Detailed explanation-3: -Expanding the share of electricity in buildings’ final energy consumption is a key milestone to reach in the Net Zero Emissions by 2050 Scenario (NZE Scenario), which sees solar and wind supply used in electricity generation rise from 9% in 2020 to 40% in 2030.

Detailed explanation-4: -New Delhi, June 22, 2022 – India will require $223 billion of investment in order to meet its goal of wind and solar capacity installations by 2030, according to a new report by research company BloombergNEF (BNEF).

Detailed explanation-5: -Singh said his ministry is also pursuing a goal announced last year by Prime Minister Narendra Modi to have 500 gigawatts of clean power capacity by 2030 as the country seeks to reach net zero by 2070. Overall, India plans to nearly double its generation capacity from all sources to 820 gigawatts by 2030, he said.