India can achieve 450 GW renewable energy target by 2030: John Kerry

John Kerry, US Special Presidential Envoy for Climate, has said that India's target of 450 GW renewable energy by 2030 is doable and has already crossed the 100 GW renewable energy.

He said that it is terrific to see India leading the International Solar Alliance (ISA). India is a close partner with the US, and it supports India's 450 GW renewable energy target by 2030.

While addressing the ISA General Assembly, he said that India could achieve the target. It has already set an example for the emerging economies by reaching 100 GW of renewable energy.

What India demonstrated with its low-cost solar auctions and built out of the transmission grids, massive solar program, and other innovative tools can be replicated across the world, he said.

He added that the US President, Joe Biden, recognises the clean energy opportunity in the US efforts to achieve the nationally-determined contribution (NDC) of 50-52% reduction in the greenhouse gas emission in the US by 2030.

Kerry said that the US department of energy had published a roadmap for how solar energy can generate 40% of the country's electricity by 2035. With 1,000 GW of installed solar energy, it would play the biggest role in making a carbon-free economy by 2035.

He said that ISA is critical in reducing greenhouse gas emissions, and it has the opportunity to accelerate solar power with member countries.

Using the full value of solar energy will require the countries to invest in storage, grid infrastructure, flexibility in demand and supply, and connecting solar power with other parts of the economy that do not use electricity. Kerry said that the countries should invest in electric vehicles and produce clean fuels like hydrogen for solar power.

ISA is an international organisation that works with governments to improve energy access and security across the world and promote solar energy for a sustainable future. It targets to unlock $1 trillion solar investment by 2030 while reducing the cost of technology and financing.

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Also read: India on track to reach 450 GW RE capacity by 2030: Power ministry